Babcock International Group (LON:BAB) Reaches New 12-Month High – Should You Buy?

Babcock International Group PLC (LON:BAB)’s share price hit 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 traded. The stock had previously closed at GBX 616 ($7.75).

Analyst Ratings Changes

BAB has been the subject of several recent analyst reports. Berenberg Bank restated a “hold” rating and set a GBX 565 ($7.11) target price on shares of Babcock International Group in a research note on Wednesday, November 13th. Shore Capital reissued a “buy” rating on shares of Babcock International Group in a report on Wednesday, November 13th.

Babcock International Group Stock Performance

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 stock has a fifty day moving average price of GBX 527.16 and a 200-day moving average price of GBX 508.89. The firm has a market cap 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.

Babcock International Group (LON:BAB) last announced its quarterly earnings data on Monday, November 18th. The company reported GBX 23.50 ($0.30) earnings per share (EPS) for the quarter. Babcock International Group had a net margin of 3.77% and a return on equity of 44.68%. On average, analysts expect that Babcock International Group PLC will post 41.4298019 earnings per share 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.