Babcock International Group (LON:BAB) Hits New 52-Week High - Time to Buy?

Babcock International Group PLC (LON:BAB - Get Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as GBX 638.50 ($8.07) and last traded at GBX 634 ($8.01), with a volume of 1446078 shares trading hands. The stock had previously closed at GBX 616 ($7.78).

Analyst Ratings Changes

A number of equities analysts recently commented on BAB shares. Berenberg Bank reaffirmed a "hold" rating and set a GBX 565 ($7.14) price target 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 report on Wednesday, November 13th.

Babcock International Group Price Performance

The stock's 50 day moving average price is GBX 532.86 and its 200-day moving average price is GBX 510.76. The company has a quick ratio of 0.76, a current ratio of 0.86 and a debt-to-equity ratio of 256.62. The stock has a market capitalization of £3.21 billion, a PE ratio of 19.37, a price-to-earnings-growth ratio of 1.35 and a beta of 1.28.

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

Babcock International Group Company Profile

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.