PensionBee Group (LON:PBEE) Releases Earnings Results

PensionBee Group (LON:PBEE) announced its quarterly earnings results on Thursday. The company reported GBX 3.45 EPS for the quarter, Digital Look Earnings reports. PensionBee Group had a negative return on equity of 8.36% and a negative net margin of 6.69%.

PensionBee Group Trading Down 2.8%

PensionBee Group stock traded down GBX 4 during trading hours on Thursday, reaching GBX 141. 119,689 shares of the company’s stock were exchanged, compared to its average volume of 157,126. The company has a quick ratio of 7.03, a current ratio of 9.34 and a debt-to-equity ratio of 0.35. The firm’s 50 day simple moving average is GBX 130.89 and its 200 day simple moving average is GBX 142.22. PensionBee Group has a twelve month low of GBX 119 and a twelve month high of GBX 171.53. The firm has a market capitalization of £336.80 million, a PE ratio of -117.50, a PEG ratio of -0.09 and a beta of 0.44.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on PBEE shares. Royal Bank Of Canada restated an “outperform” rating and set a GBX 175 price target on shares of PensionBee Group in a report on Tuesday, July 28th. Canaccord Genuity Group restated a “buy” rating and issued a GBX 217 price target on shares of PensionBee Group in a research report on Thursday, July 23rd. Finally, Berenberg Bank reiterated a “buy” rating and set a GBX 210 price target on shares of PensionBee Group in a report on Thursday, July 23rd. Three research analysts have rated the stock with a Buy rating, According to MarketBeat.com, PensionBee Group presently has a consensus rating of “Buy” and an average target price of GBX 200.67.

PensionBee Group Company Profile

PensionBee is creating a global leader in the consumer retirement market with approximately £8.6 billion (approximately $11 billion) in assets on behalf of approximately 327,000 customers.

Founded in 2014, we aspire to make as many people as possible pension confident so that everyone can enjoy a happy retirement. We help our customers to combine their retirement savings into a new online account, which they can manage from the palm of their hand.

PensionBee accounts are invested by the world’s largest investment managers, collectively looking after more than $11 trillion in savings between them.