B&M European Value Retail (LON:BME) Sets New 12-Month Low - Time to Sell?

B&M European Value Retail S.A. (LON:BME - Get Free Report)'s stock price reached a new 52-week low on Wednesday . The company traded as low as GBX 298.20 ($3.78) and last traded at GBX 299.70 ($3.80), with a volume of 3203198 shares. The stock had previously closed at GBX 299.70 ($3.80).

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. lowered their price objective on shares of B&M European Value Retail from GBX 349 ($4.42) to GBX 320 ($4.05) and set an "underweight" rating for the company in a research report on Monday, January 13th. Canaccord Genuity Group lowered their price objective on shares of B&M European Value Retail from GBX 600 ($7.60) to GBX 565 ($7.16) and set a "buy" rating for the company in a research report on Friday, November 22nd. Morgan Stanley set a 358.00 price objective on shares of B&M European Value Retail and gave the stock an "underweight" rating in a research report on Monday, November 18th. Citigroup lowered their price objective on shares of B&M European Value Retail from GBX 540 ($6.84) to GBX 510 ($6.46) and set a "buy" rating for the company in a research report on Friday, November 22nd. Finally, BNP Paribas started coverage on shares of B&M European Value Retail in a report on Monday, November 18th. They set an "outperform" rating and a 660.00 target price on the stock. Two analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have given a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 552.94 ($7.01).

B&M European Value Retail Price Performance

The company's 50 day moving average is GBX 332.86 and its 200 day moving average is GBX 381.75. The company has a current ratio of 1.06, a quick ratio of 0.38 and a debt-to-equity ratio of 315.77. The stock has a market capitalization of £2.93 billion, a price-to-earnings ratio of 6.96 and a beta of 1.05.

B&M European Value Retail Increases Dividend

The business also recently declared a dividend, which was paid on Friday, February 14th. Investors of record on Thursday, January 16th were paid a dividend of GBX 15 ($0.19) per share. This is a positive change from B&M European Value Retail's previous dividend of $5.30. This represents a yield of 4.75%. The ex-dividend date of this dividend was Thursday, January 16th. B&M European Value Retail's dividend payout ratio (DPR) is currently 35.88%.

Insider Buying and Selling

In related news, insider Oliver Tant purchased 12,500 shares of the business's stock in a transaction that occurred on Friday, December 6th. The shares were purchased at an average cost of GBX 361 ($4.57) per share, for a total transaction of £45,125 ($57,178.16). 4.22% of the stock is owned by company insiders.

About B&M European Value Retail

B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Munsbach, Luxembourg.