Breedon Group (LON:BREE) Announces Quarterly Earnings Results

Breedon Group (LON:BREE) released its earnings results on Wednesday. The company reported GBX 14.50 ($0.19) EPS for the quarter, Digital Look Earnings reports. Breedon Group had a return on equity of 8.58% and a net margin of 6.34%.

Breedon Group Stock Performance

Shares of BREE stock opened at GBX 480.50 ($6.15) on Wednesday. The company has a market capitalization of £1.65 billion, a P/E ratio of 17.20, a P/E/G ratio of 1.56 and a beta of 1.29. The business’s 50 day moving average is GBX 434.18 and its two-hundred day moving average is GBX 433.88. Breedon Group has a 12-month low of GBX 356 ($4.55) and a 12-month high of GBX 501 ($6.41). The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 44.86.

Analyst Ratings Changes

Several analysts have weighed in on the company. Royal Bank of Canada reiterated an “outperform” rating and issued a GBX 575 ($7.36) price objective on shares of Breedon Group in a research report on Friday, November 22nd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 520 ($6.65) target price on shares of Breedon Group in a research note on Friday, November 22nd.

Breedon Group Company Profile

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 1bn 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.