Breedon Group plc (LON:BREE - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 439.98 ($5.69) and traded as high as GBX 477.50 ($6.17). Breedon Group shares last traded at GBX 473.50 ($6.12), with a volume of 1,486,555 shares trading hands.
Wall Street Analyst Weigh In
Separately, Berenberg Bank raised their target price on Breedon Group from GBX 540 ($6.98) to GBX 590 ($7.62) and gave the stock a "buy" rating in a research report on Thursday, March 6th.
Read Our Latest Research Report on Breedon Group
Breedon Group Stock Performance
The stock has a market capitalization of £1.62 billion, a price-to-earnings ratio of 16.85, a price-to-earnings-growth 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 has a 50-day moving average of GBX 446.66 and a 200 day moving average of GBX 440.35.
Breedon Group (LON:BREE - Get Free Report) last issued its quarterly earnings results on Wednesday, March 5th. The company reported GBX 14.50 ($0.19) EPS for the quarter. Breedon Group had a net margin of 6.34% and a return on equity of 8.58%. On average, analysts expect that Breedon Group plc will post 36.8586859 EPS for the current year.
Breedon Group Increases Dividend
The business also recently announced a dividend, which will be paid on Friday, May 16th. Shareholders of record on Thursday, April 3rd will be paid a GBX 10 ($0.13) dividend. This is a positive change from Breedon Group's previous dividend of $4.50. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a yield of 2.09%. Breedon Group's dividend payout ratio is presently 50.13%.
About Breedon Group
(
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.
Recommended Stories
Before you consider Breedon Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Breedon Group wasn't on the list.
While Breedon Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
