B&M European Value Retail (LON:BME) Announces Quarterly Earnings Results

B&M European Value Retail (LON:BME - Get Free Report) released its quarterly earnings results on Wednesday. The company reported GBX 31.80 ($0.43) EPS for the quarter, Digital Look Earnings reports. B&M European Value Retail had a net margin of 5.81% and a return on equity of 43.85%.

B&M European Value Retail Trading Down 0.4%

LON BME traded down GBX 1.10 ($0.01) during trading hours on Thursday, hitting GBX 282.20 ($3.83). The company's stock had a trading volume of 14,470,472 shares, compared to its average volume of 16,090,108. The stock has a fifty day moving average of GBX 319.35 and a 200 day moving average of GBX 318.75. B&M European Value Retail has a twelve month low of GBX 254.60 ($3.46) and a twelve month high of GBX 505 ($6.86). The firm has a market capitalization of £2.84 billion, a P/E ratio of 6.75 and a beta of 1.05. The company has a quick ratio of 0.38, a current ratio of 1.06 and a debt-to-equity ratio of 315.77.

Analyst Ratings Changes

BME has been the topic of a number of recent analyst reports. Canaccord Genuity Group reduced their price target on shares of B&M European Value Retail from GBX 545 ($7.40) to GBX 490 ($6.65) and set a "buy" rating on the stock in a research report on Tuesday, February 25th. Citigroup restated a "buy" rating and issued a GBX 456 ($6.19) price target on shares of B&M European Value Retail in a research report on Friday, March 28th. Finally, Shore Capital restated a "not rated" rating on shares of B&M European Value Retail in a research report on Tuesday, April 15th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of GBX 538.76 ($7.32).

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.