Babcock International Group (LON:BAB) Sets New 52-Week High – Here’s What Happened

Shares of Babcock International Group PLC (LON:BAB) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 638.50 ($8.03) and last traded at GBX 634 ($7.98), with a volume of 1446078 shares. The stock had previously closed at GBX 616 ($7.75).

Analyst Ratings Changes

A number of equities research analysts recently weighed in on BAB shares. Shore Capital restated a “buy” rating on shares of Babcock International Group in a report on Wednesday, November 13th. Berenberg Bank reissued a “hold” rating and set a GBX 565 ($7.11) price target on shares of Babcock International Group in a research report on Wednesday, November 13th.

Babcock International Group Price Performance

The company has a 50 day moving average of GBX 527.16 and a 200 day moving average of GBX 508.89. The stock has a market capitalization of £3.29 billion, a price-to-earnings ratio of 19.84, a price-to-earnings-growth ratio of 1.35 and a beta of 1.28. The company has a quick ratio of 0.76, a current ratio of 0.86 and a debt-to-equity ratio of 256.62.

Babcock International Group (LON:BAB) last posted its quarterly earnings data on Monday, November 18th. The company reported GBX 23.50 ($0.30) EPS for the quarter. Babcock International Group had a net margin of 3.77% and a return on equity of 44.68%. As a group, equities research analysts forecast that Babcock International Group PLC will post 41.4298019 EPS for the current fiscal year.

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.