B&M European Value Retail (LON:BME) Insider Sells 3,715 Shares

Key Points

• Insider sale: Peter Waterhouse sold 3,715 B&M European Value Retail shares at an average price of GBX 234, generating approximately £8,693.
• Stock performance: Shares recently fell 0.2% to GBX 235.32, while remaining above their 50-day and 200-day moving averages. The stock has traded between GBX 140 and GBX 269.30 over the past year.
• Analyst outlook: B&M has an overall “Hold” consensus rating, with four Buy, three Hold and one Sell rating; the average analyst price target is GBX 206.25.

B&M European Value Retail S.A. (LON:BME - Get Free Report) insider Peter Waterhouse sold 3,715 shares of the firm's stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of GBX 234, for a total transaction of £8,693.10.

B&M European Value Retail Trading Down 0.2%

B&M European Value Retail stock traded down GBX 0.48 during trading hours on Wednesday, reaching GBX 235.32. The stock had a trading volume of 3,775,507 shares, compared to its average volume of 43,991,555. The stock has a market cap of £2.37 billion, a PE ratio of 14.44 and a beta of 1.06. The company has a fifty day simple moving average of GBX 206.50 and a 200-day simple moving average of GBX 186.03. The company has a debt-to-equity ratio of 306.52, a current ratio of 1.42 and a quick ratio of 0.38. B&M European Value Retail S.A. has a 52 week low of GBX 140 and a 52 week high of GBX 269.30.

B&M European Value Retail (LON:BME - Get Free Report) last released its quarterly earnings results on Wednesday, June 3rd. The company reported GBX 16.30 EPS for the quarter. B&M European Value Retail had a return on equity of 21.74% and a net margin of 2.84%.The business had revenue of GBX 577.50 billion during the quarter. Analysts forecast that B&M European Value Retail S.A. will post 38.4814815 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have commented on BME. Jefferies Financial Group restated a "hold" rating and issued a GBX 180 price objective on shares of B&M European Value Retail in a report on Wednesday, July 1st. Shore Capital Group reaffirmed a "hold" rating and issued a GBX 215 target price on shares of B&M European Value Retail in a research report on Wednesday, July 15th. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, B&M European Value Retail currently has an average rating of "Hold" and an average price target of GBX 206.25.

B&M European Value Retail Company Profile

B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Munsbach, Luxembourg.

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