Shares of Breedon Group plc (LON:BREE - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 442.10 ($5.70) and traded as high as GBX 461.50 ($5.95). Breedon Group shares last traded at GBX 448.50 ($5.78), with a volume of 264,993 shares trading hands.
Analyst Ratings Changes
Separately, Berenberg Bank upped their target price on Breedon Group from GBX 540 ($6.96) to GBX 590 ($7.61) and gave the stock a "buy" rating in a research note on Thursday, March 6th.
Read Our Latest Stock Analysis on Breedon Group
Breedon Group Price Performance
The stock has a market capitalization of £1.45 billion, a PE ratio of 15.07, a P/E/G ratio of 1.56 and a beta of 1.29. The company has a debt-to-equity ratio of 44.86, a current ratio of 1.44 and a quick ratio of 1.12. The stock's fifty day moving average is GBX 451.97 and its 200-day moving average is GBX 442.89.
Breedon Group (LON:BREE - Get Free Report) last posted its earnings results on Wednesday, March 5th. The company reported GBX 14.50 ($0.19) earnings per share (EPS) for the quarter. Breedon Group had a net margin of 6.34% and a return on equity of 8.58%. As a group, equities analysts predict that Breedon Group plc will post 36.8586859 earnings per share for the current fiscal year.
Breedon Group Increases Dividend
The firm also recently declared a dividend, which will be paid on Friday, May 16th. Shareholders of record on Thursday, April 3rd will be given a dividend of GBX 10 ($0.13) per share. The ex-dividend date is Thursday, April 3rd. This represents a yield of 2.09%. This is an increase from Breedon Group's previous dividend of $4.50. Breedon Group's dividend payout ratio is currently 50.13%.
Breedon Group Company Profile
(
Get Free Report)
Breedon Group plc, a leading vertically-integrated construction materials group in Great Britain, Ireland and the USA, delivers essential products to the construction sector. Breedon holds 1.5bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services, including specialty materials, surfacing and highway maintenance operations, to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants.
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