Babylon Holdings Limited operates as a digital healthcare company. It offers end-to-end care solution that facilities through its digital health suite, virtual care, in-person medical care, and post-care offerings. The company also provides Babylon Cloud services. It operates in the United Kingdom, the United States, the Asia Pacific, Canada, and internationally. The company was founded in 2013 and is headquartered in London, the United Kingdom.
Analyst Ratings Changes
BBLN has been the topic of a number of recent research reports. Citigroup dropped their price objective on shares of Babylon from $5.00 to $1.50 in a research note on Friday, May 13th. BTIG Research reduced their target price on shares of Babylon from $15.00 to $10.00 in a report on Monday, April 25th. Bank of America started coverage on shares of Babylon in a report on Thursday, June 23rd. They issued a "neutral" rating and a $2.00 price objective for the company. Berenberg Bank began coverage on shares of Babylon in a research report on Thursday, April 28th. They issued a "hold" rating and a $5.50 target price on the stock. Finally, Canaccord Genuity Group reduced their price target on shares of Babylon from $8.00 to $5.00 and set a "buy" rating on the stock in a research note on Monday, May 16th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $7.00.
Babylon Trading Down 2.9 %
Babylon stock traded down $0.03 during trading hours on Tuesday, reaching $0.98. 913,405 shares of the company were exchanged, compared to its average volume of 339,526. The company has a quick ratio of 2.20, a current ratio of 2.20 and a debt-to-equity ratio of 3.30. The stock has a 50-day moving average of $1.08 and a 200 day moving average of $2.71. Babylon has a 12 month low of $0.91 and a 12 month high of $16.00.
Babylon (NYSE:BBLN - Get Rating) last announced its earnings results on Thursday, May 12th. The company reported ($0.24) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.23) by ($0.01). The business had revenue of $266.45 million during the quarter, compared to analysts' expectations of $238.49 million. As a group, sell-side analysts expect that Babylon will post -0.85 earnings per share for the current year.