Babcock International Group (LON:BAB) Reaches New 52-Week High - What's Next?

Babcock International Group PLC (LON:BAB - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 611 ($7.69) and last traded at GBX 611 ($7.69), with a volume of 1384085 shares traded. The stock had previously closed at GBX 596 ($7.50).

Wall Street Analyst Weigh In

Several equities analysts have issued reports on BAB shares. Berenberg Bank restated a "hold" rating and set a GBX 565 ($7.11) target price on shares of Babcock International Group in a research note on Wednesday, November 13th. Shore Capital restated a "buy" rating on shares of Babcock International Group in a research note on Wednesday, November 13th.

Babcock International Group Stock Up 0.9 %

The company has a current ratio of 0.86, a quick ratio of 0.76 and a debt-to-equity ratio of 256.62. The firm has a market cap of £3.09 billion, a P/E ratio of 18.64, a PEG ratio of 1.35 and a beta of 1.28. The company's 50 day simple moving average is GBX 518.58 and its 200-day simple moving average is GBX 506.67.

Babcock International Group (LON:BAB - Get Free Report) last released its quarterly earnings results on Monday, November 18th. The company reported GBX 23.50 ($0.30) EPS for the quarter. Babcock International Group had a net margin of 3.77% and a return on equity of 44.68%. Research analysts forecast that Babcock International Group PLC will post 41.4298019 earnings per share for the current fiscal year.

About Babcock International Group

Babcock International Group PLC, together with its subsidiaries, provides value-add services for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. The company operates through four segments: Marine, Nuclear, Land, and Aviation.