Bodycote (BYPLF) to Release Quarterly Earnings on Friday

Key Points

• Bodycote will report quarterly results before market open on Friday, March 13, with analysts forecasting earnings of $0.3045 per share and revenue of $475.966 million for the quarter.
• Shares opened at $10.05, trading near their 1‑year high of $10.05 (1‑year low $8.50), and sit above the 50‑day and 200‑day simple moving averages of $9.41 and $8.87 respectively.
• Analyst sentiment is positive after Barclays upgraded Bodycote to overweight; the stock has an average rating of "Buy" with two analysts issuing Buy ratings.

Bodycote (OTCMKTS:BYPLF - Get Free Report) is expected to be issuing its results before the market opens on Friday, March 13th. Analysts expect the company to announce earnings of $0.3045 per share and revenue of $475.9660 million for the quarter.

Bodycote Stock Performance

Shares of Bodycote stock opened at $10.05 on Friday. The firm has a fifty day simple moving average of $9.41 and a 200-day simple moving average of $8.87. Bodycote has a 1-year low of $8.50 and a 1-year high of $10.05.

Analysts Set New Price Targets

Separately, Barclays raised shares of Bodycote from a "hold" rating to an "overweight" rating in a research report on Wednesday, December 3rd. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Bodycote has an average rating of "Buy".

About Bodycote

Bodycote plc OTCMKTS: BYPLF is a global provider of industrial thermal processing and materials technology services. The company offers a range of solutions including heat treatment, hot isostatic pressing, surface coatings and metal joining, all designed to enhance mechanical performance, improve material properties and extend the service life of critical components.

Operating more than 140 facilities across Europe, North America and the Asia-Pacific region, Bodycote serves customers in aerospace, automotive, energy, medical and general industrial markets.

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