Bakkavor Group plc (LON:BAKK - Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 188 ($2.43) and last traded at GBX 171 ($2.21), with a volume of 22150516 shares trading hands. The stock had previously closed at GBX 168.50 ($2.18).
Analyst Ratings Changes
Separately, Royal Bank of Canada restated an "outperform" rating and set a GBX 170 ($2.20) target price on shares of Bakkavor Group in a research report on Thursday, March 13th.
Check Out Our Latest Report on Bakkavor Group
Bakkavor Group Stock Performance
The stock has a market cap of £1.09 billion, a PE ratio of 16.94, a PEG ratio of 0.61 and a beta of 0.63. The company has a debt-to-equity ratio of 53.92, a quick ratio of 0.43 and a current ratio of 0.62. The stock has a fifty day simple moving average of GBX 149.69 and a two-hundred day simple moving average of GBX 147.88.
Bakkavor Group (LON:BAKK - Get Free Report) last issued its earnings results on Tuesday, March 4th. The company reported GBX 9.60 ($0.12) EPS for the quarter. Bakkavor Group had a return on equity of 10.43% and a net margin of 2.86%. Equities analysts anticipate that Bakkavor Group plc will post 11.5761689 EPS for the current fiscal year.
Bakkavor Group Increases Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Thursday, April 24th will be issued a GBX 4.80 ($0.06) dividend. The ex-dividend date is Thursday, April 24th. This is a boost from Bakkavor Group's previous dividend of $3.20. This represents a dividend yield of 3%. Bakkavor Group's dividend payout ratio (DPR) is 72.85%.
About Bakkavor Group
(
Get Free Report)
We are the leading provider of fresh prepared food in the UK, and our presence in the US and China positions the Group well in these high-growth markets. We leverage our consumer insight and scale to provide innovative food that offers quality, choice, convenience, and freshness. Around 18,000 colleagues operate from 43 sites across our three markets supplying a portfolio of over 3,000 products across meals, pizza & bread, salads and desserts to leading grocery retailers in the UK and US, and international food brands in China.
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