Breedon Group (LON:BREE) Hits New 52-Week Low - What's Next?

Key Points

• 52-week low: Breedon hit a new 52-week low intraday at GBX 299 and last traded at GBX 302.30 (prior close GBX 315.80) on heavy volume (~1.68M shares), trading well below its 50‑day and 200‑day SMAs (GBX 340.78 and GBX 338.46).
• Analyst mix but upside consensus: Three analysts rate the stock a Buy and one a Hold, giving a MarketBeat consensus target of GBX 457.50 (Berenberg GBX 465) despite Citigroup cutting to GBX 340, implying substantial upside from current levels.
• Key fundamentals: market cap £1.05B, P/E 11.63, debt-to-equity 53.71, and last quarterly EPS GBX 31.80, with analysts forecasting about GBX 36.86 EPS for the year.

Breedon Group plc (LON:BREE - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 299 and last traded at GBX 302.30, with a volume of 1680984 shares trading hands. The stock had previously closed at GBX 315.80.

Analyst Ratings Changes

A number of research firms recently weighed in on BREE. Berenberg Bank reiterated a "buy" rating and issued a GBX 465 price objective on shares of Breedon Group in a research report on Monday, March 16th. Citigroup cut their price objective on shares of Breedon Group from GBX 360 to GBX 340 and set a "neutral" rating for the company in a research report on Thursday, November 27th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of GBX 457.50.

Breedon Group Price Performance

The company has a market cap of £1.05 billion, a price-to-earnings ratio of 11.63, a PEG ratio of 1.56 and a beta of 1.08. The company has a 50-day simple moving average of GBX 340.78 and a 200-day simple moving average of GBX 338.46. The company has a debt-to-equity ratio of 53.71, a quick ratio of 1.12 and a current ratio of 1.35.

Breedon Group (LON:BREE - Get Free Report) last posted its quarterly earnings results on Wednesday, March 11th. The company reported GBX 31.80 EPS for the quarter. Breedon Group had a return on equity of 7.14% and a net margin of 4.89%. As a group, research analysts predict that Breedon Group plc will post 36.8586859 earnings per share for the current year.

About Breedon Group

Breedon Group plc, a leading vertically-integrated construction materials group in Great Britain, Ireland and the USA, delivers essential products to the construction sector. Breedon holds 1.5bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services, including specialty materials, surfacing and highway maintenance operations, to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants.

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