Balfour Beatty (LON:BBY) Posts Quarterly Earnings Results

Balfour Beatty (LON:BBY) posted its quarterly earnings results on Wednesday. The company reported GBX 43.60 ($0.56) EPS for the quarter, Digital Look Earnings reports. Balfour Beatty had a net margin of 2.85% and a return on equity of 19.46%.

Balfour Beatty Price Performance

Shares of Balfour Beatty stock opened at GBX 451.20 ($5.84) on Wednesday. The business has a 50 day moving average of GBX 452.40 and a 200 day moving average of GBX 442.18. Balfour Beatty has a 52 week low of GBX 338.80 ($4.39) and a 52 week high of GBX 476.40 ($6.17). The company has a market cap of £2.30 billion, a PE ratio of 10.53, a P/E/G ratio of 3.75 and a beta of 0.81. The company has a quick ratio of 0.84, a current ratio of 0.99 and a debt-to-equity ratio of 79.85.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Balfour Beatty from GBX 500 ($6.47) to GBX 575 ($7.44) and gave the company a “buy” rating in a research report on Friday, November 22nd.

Balfour Beatty Company Profile

Balfour Beatty is a leading international infrastructure group. With 26,000 employees across the UK, US and Hong Kong, we’re leading the transformation of our industry to meet the challenges of the future.
Trusted by our customers to deliver sustainable solutions and strengthen communities, we finance, develop, build, maintain and operate the increasingly complex and critical infrastructure that supports national economies and deliver projects at the heart of local communities.