Balfour Beatty plc (LON:BBY - Get Free Report) shares reached a new 52-week high on Thursday . The company traded as high as GBX 504 ($6.84) and last traded at GBX 497.10 ($6.74), with a volume of 38669 shares traded. The stock had previously closed at GBX 502 ($6.81).
Analyst Ratings Changes
Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 510 ($6.92) price objective on shares of Balfour Beatty in a report on Monday, March 17th.
Read Our Latest Analysis on BBY
Balfour Beatty Stock Up 1.0%
The company has a quick ratio of 0.84, a current ratio of 0.99 and a debt-to-equity ratio of 79.85. The firm has a market cap of £2.58 billion, a PE ratio of 11.83, a price-to-earnings-growth ratio of 3.75 and a beta of 0.81. The business has a 50-day moving average price of GBX 451.72 and a two-hundred day moving average price of GBX 450.53.
Balfour Beatty (LON:BBY - Get Free Report) last posted its earnings results on Wednesday, March 12th. The company reported GBX 43.60 ($0.59) EPS for the quarter. Balfour Beatty had a return on equity of 19.46% and a net margin of 2.85%. On average, equities research analysts expect that Balfour Beatty plc will post 43.3100698 EPS for the current year.
Balfour Beatty Increases Dividend
The company also recently announced a dividend, which will be paid on Wednesday, July 2nd. Investors of record on Thursday, May 15th will be given a GBX 8.70 ($0.12) dividend. The ex-dividend date is Thursday, May 15th. This is a boost from Balfour Beatty's previous dividend of $3.80. This represents a dividend yield of 1.92%. Balfour Beatty's dividend payout ratio is 28.02%.
Balfour Beatty declared that its Board of Directors has initiated a stock buyback plan on Wednesday, March 12th that authorizes the company to repurchase 0 outstanding shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's leadership believes its stock is undervalued.
Insider Buying and Selling at Balfour Beatty
In other Balfour Beatty news, insider Philip Harrison sold 155,560 shares of the stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of GBX 434 ($5.89), for a total value of £675,130.40 ($916,052.10). 1.15% of the stock is owned by company insiders.
Balfour Beatty Company Profile
(
Get Free Report)
Balfour Beatty is a leading international infrastructure group. With 26,000 employees across the UK, US and Hong Kong, we're leading the transformation of our industry to meet the challenges of the future.
Trusted by our customers to deliver sustainable solutions and strengthen communities, we finance, develop, build, maintain and operate the increasingly complex and critical infrastructure that supports national economies and deliver projects at the heart of local communities.
Featured Articles
Before you consider Balfour Beatty, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Balfour Beatty wasn't on the list.
While Balfour Beatty currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
