PensionBee Group (LON:PBEE) Issues Quarterly Earnings Results

Key Points

• PensionBee Group reported a quarterly EPS of **GBX -2.14** (approximately **-$0.03**) with a negative net margin of **18.26%** and return on equity of **-36.87%**.
• Shares of PensionBee Group traded up **1.2%**, reaching GBX **169** ($2.29) during trading, with a market capitalization of **£397.02 million**.
• Analyst firms such as **Canaccord Genuity Group** and **Berenberg Bank** restated a "buy" rating for PBEE shares, with price targets of **GBX 217** and **GBX 210**, respectively.

PensionBee Group (LON:PBEE - Get Free Report) announced its quarterly earnings data on Thursday. The company reported GBX (2.14) (($0.03)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. PensionBee Group had a negative net margin of 18.26% and a negative return on equity of 36.87%.

PensionBee Group Stock Performance

LON PBEE traded up GBX 4.50 ($0.06) during trading hours on Monday, hitting GBX 170.50 ($2.30). The company's stock had a trading volume of 20,177 shares, compared to its average volume of 151,760. PensionBee Group has a 12 month low of GBX 131 ($1.77) and a 12 month high of GBX 191 ($2.58). The company's 50 day simple moving average is GBX 166.06 and its two-hundred day simple moving average is GBX 158.27. The company has a debt-to-equity ratio of 2.45, a current ratio of 4.23 and a quick ratio of 7.03. The company has a market cap of £400.54 million, a P/E ratio of -73.46, a price-to-earnings-growth ratio of -0.09 and a beta of 0.37.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on PBEE shares. Berenberg Bank reissued a "buy" rating and set a GBX 210 ($2.84) price objective on shares of PensionBee Group in a research note on Thursday, April 24th. Canaccord Genuity Group reissued a "buy" rating and issued a GBX 217 ($2.93) target price on shares of PensionBee Group in a research note on Friday, April 25th.

Insider Activity

In related news, insider Lara Oyesanya purchased 3,115 shares of the company's stock in a transaction dated Wednesday, June 18th. The shares were purchased at an average price of GBX 159 ($2.15) per share, with a total value of £4,952.85 ($6,690.33). Also, insider Christoph Johannes Martin sold 46,306 shares of PensionBee Group stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of GBX 162 ($2.19), for a total transaction of £75,015.72 ($101,331.51). 47.19% of the stock is currently owned by corporate insiders.

PensionBee Group Company Profile

PensionBee is creating a global leader in the consumer retirement market with approximately £6.3 billion in assets on behalf of more than 286,000 customers. Founded in 2014, we aspire to make as many people as possible pension confident so that everyone can enjoy a happy retirement. We help our customers to combine their retirement savings into a new online account, which they can manage from the palm of their hand. PensionBee accounts are invested by the world's largest investment managers, collectively looking after more than $10 trillion in savings between them.