Tritax Big Box REIT (LON:BBOX) Releases Quarterly Earnings Results

Tritax Big Box REIT (LON:BBOX - Get Free Report) announced its quarterly earnings data on Friday. The company reported GBX 8.05 ($0.10) earnings per share for the quarter, Digital Look Earnings reports. Tritax Big Box REIT had a return on equity of 4.04% and a net margin of 60.46%.

Tritax Big Box REIT Stock Up 0.1 %

Shares of Tritax Big Box REIT stock traded up GBX 0.17 ($0.00) during trading on Tuesday, hitting GBX 147.57 ($1.89). 4,365,754 shares of the stock traded hands, compared to its average volume of 13,195,644. The stock has a market cap of £3.66 billion, a P/E ratio of 19.30, a PEG ratio of 2.05 and a beta of 0.89. The company has a fifty day moving average price of GBX 140.37 and a two-hundred day moving average price of GBX 146.48. Tritax Big Box REIT has a twelve month low of GBX 125.20 ($1.60) and a twelve month high of GBX 168.90 ($2.16). The company has a debt-to-equity ratio of 43.99, a quick ratio of 0.42 and a current ratio of 0.54.

Analysts Set New Price Targets

BBOX has been the topic of several research reports. Shore Capital reiterated a "buy" rating on shares of Tritax Big Box REIT in a research report on Tuesday, January 21st. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 189 ($2.42) target price on shares of Tritax Big Box REIT in a report on Monday. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Tritax Big Box REIT currently has a consensus rating of "Buy" and a consensus price target of GBX 186.50 ($2.39).

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About Tritax Big Box REIT

Tritax Big Box REIT plc ticker: BBOX is the largest listed investor in high-quality logistics warehouse assets and controls the largest logistics-focused land platform in the UK. BBOX is committed to delivering attractive and sustainable returns for Shareholders by investing in and actively managing existing built investments and land suitable for logistics development.