Babcock International Group (LON:BAB) Issues Earnings Results

Babcock International Group (LON:BAB) released its quarterly earnings data on Wednesday. The company reported GBX 50.30 ($0.69) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Babcock International Group had a return on equity of 44.68% and a net margin of 3.77%.

Babcock International Group Price Performance

BAB opened at GBX 1,159 ($15.84) on Thursday. The stock has a market cap of £5.81 billion, a P/E ratio of 35.07, a PEG ratio of 1.35 and a beta of 1.28. Babcock International Group has a 52-week low of GBX 455.40 ($6.22) and a 52-week high of GBX 1,177 ($16.08). The company has a quick ratio of 0.76, a current ratio of 0.86 and a debt-to-equity ratio of 256.62. The business has a fifty day moving average of GBX 917.67 and a 200 day moving average of GBX 713.34.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on BAB shares. Shore Capital reissued a “buy” rating on shares of Babcock International Group in a research note on Thursday, May 29th. Berenberg Bank reiterated a “buy” rating and issued a GBX 910 ($12.43) target price on shares of Babcock International Group in a report on Wednesday, May 21st. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Babcock International Group from GBX 760 ($10.38) to GBX 900 ($12.30) and gave the stock an “overweight” rating in a research note on Monday, March 3rd.

Babcock International Group Company Profile

Babcock International Group PLC, together with its subsidiaries, provides value-add services for aerospace, defense, and security in the United Kingdom, rest of Europe, Africa, North America, Australasia, and internationally. The company operates through four segments: Marine, Nuclear, Land, and Aviation.