Babcock International Group PLC (LON:BAB - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 501.41 ($6.23) and traded as high as GBX 529.50 ($6.58). Babcock International Group shares last traded at GBX 529.50 ($6.58), with a volume of 548,153 shares traded.
Analysts Set New Price Targets
Several analysts have issued reports on the stock. Shore Capital reaffirmed a "buy" rating on shares of Babcock International Group in a research report on Wednesday, November 13th. Berenberg Bank reaffirmed a "hold" rating and issued a GBX 565 ($7.02) target price on shares of Babcock International Group in a research report on Wednesday, November 13th.
Check Out Our Latest Stock Report on BAB
Babcock International Group Stock Up 1.1 %
The firm has a market cap of £2.71 billion, a P/E ratio of 1,673.44, a price-to-earnings-growth ratio of 1.35 and a beta of 1.28. The firm's 50-day moving average price is GBX 505.37 and its 200 day moving average price is GBX 501.41. The company has a quick ratio of 0.76, a current ratio of 0.86 and a debt-to-equity ratio of 245.75.
Babcock International Group (LON:BAB - Get Free Report) last issued its quarterly earnings data on Monday, November 18th. The company reported GBX 23.50 ($0.29) earnings per share (EPS) for the quarter. Babcock International Group had a return on equity of 43.29% and a net margin of 3.77%. As a group, research analysts expect 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 announced a dividend, which was paid on Friday, January 17th. Investors of record on Thursday, December 5th were given a GBX 2 ($0.02) dividend. The ex-dividend date was Thursday, December 5th. This represents a yield of 0.4%. Babcock International Group's dividend payout ratio is presently 1,562.50%.
About Babcock International Group
(
Get Free Report)
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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