Shares of Babcock International Group PLC (LON:BAB - Get Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 600.50 ($7.47) and last traded at GBX 584.50 ($7.27), with a volume of 15673331 shares trading hands. The stock had previously closed at GBX 542.50 ($6.75).
Wall Street Analyst Weigh In
Several research firms have issued reports on BAB. Shore Capital reiterated a "buy" rating on shares of Babcock International Group in a research note on Wednesday, November 13th. Berenberg Bank reiterated a "hold" rating and set a GBX 565 ($7.03) target price on shares of Babcock International Group in a research report on Wednesday, November 13th.
View Our Latest Research Report on Babcock International Group
Babcock International Group Price Performance
The stock has a fifty day moving average of GBX 507.06 and a two-hundred day moving average of GBX 501.88. The company has a current ratio of 0.86, a quick ratio of 0.76 and a debt-to-equity ratio of 245.75. The stock has a market capitalization of £2.92 billion, a price-to-earnings ratio of 1,806.25, a PEG ratio of 1.35 and a beta of 1.28.
Babcock International Group (LON:BAB - Get Free Report) last announced its earnings results on Monday, November 18th. The company reported GBX 23.50 ($0.29) earnings per share for the quarter. Babcock International Group had a return on equity of 43.29% and a net margin of 3.77%. As a group, equities research analysts forecast that Babcock International Group PLC will post 41.4298019 earnings per share for the current year.
Babcock International Group Cuts Dividend
The business also recently declared a dividend, which was paid on Friday, January 17th. Stockholders of record on Thursday, December 5th were paid a dividend of GBX 2 ($0.02) per share. The ex-dividend date of this dividend was Thursday, December 5th. This represents a dividend yield of 0.4%. Babcock International Group's dividend payout ratio (DPR) is currently 1,562.50%.
About Babcock International Group
(
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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.
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