Bouygues (OTCMKTS:BOUYF) Announces Earnings Results

Key Points

• Bouygues reported quarterly earnings of $0.99 per share, exceeding analysts' expectations of $0.88 by $0.11, alongside a revenue of $17.15 billion.
• The company's recent stock price remained stable at $44.60, reflecting a twelve-month range of $28.54 to $44.60.
• New Street Research has begun coverage on Bouygues, issuing a "buy" rating on the stock.

Bouygues (OTCMKTS:BOUYF - Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.99 earnings per share for the quarter, topping analysts' consensus estimates of $0.88 by $0.11, Zacks reports. Bouygues had a net margin of 1.86% and a return on equity of 7.52%. The firm had revenue of $17.15 billion for the quarter, compared to the consensus estimate of $15.19 billion.

Bouygues Stock Performance

BOUYF remained flat at $44.60 during trading on Friday. Bouygues has a twelve month low of $28.54 and a twelve month high of $44.60. The company has a quick ratio of 0.82, a current ratio of 0.92 and a debt-to-equity ratio of 0.73. The firm's fifty day simple moving average is $42.81 and its two-hundred day simple moving average is $37.64. The company has a market capitalization of $84.51 billion, a P/E ratio of 14.53 and a beta of 0.47.

Analysts Set New Price Targets

Separately, New Street Research initiated coverage on shares of Bouygues in a research note on Friday, April 4th. They set a "buy" rating on the stock.

Bouygues Company Profile

Bouygues SA, together with its subsidiaries, operates in the construction, energy, telecom, media, and transport infrastructure sectors in France and internationally. The company designs, builds, renovates, operates, and deconstructs building, infrastructure, and industrial projects; develops urban planning, residential, and commercial projects; builds and maintains roads and motorways, airport runways, ports, industrial logistics hubs, external works and amenities, reserved-lane public transport, recreational facilities, and environmental projects, as well as undertakes civil engineering, road safety, and signaling activities; produces, distributes, sells, and recycles aggregates, emulsions, asphalt mixes, ready-mix concrete, and bitumen; construction, renewal, and maintenance of rail networks; and installation and maintenance of pipes and pipelines.

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