British American Tobacco (LON:BATS) Issues Earnings Results

British American Tobacco (LON:BATSGet Free Report) issued its earnings results on Thursday. The company reported GBX 364.30 ($4.53) earnings per share for the quarter, Digital Look Earnings reports. British American Tobacco had a negative net margin of 52.84% and a negative return on equity of 21.50%.

British American Tobacco Stock Down 8.6 %

BATS stock traded down GBX 292.79 ($3.64) during midday trading on Thursday, reaching GBX 3,101.21 ($38.60). The company had a trading volume of 42,890,676 shares, compared to its average volume of 30,818,430. British American Tobacco has a 1 year low of GBX 2,228.78 ($27.74) and a 1 year high of GBX 3,416 ($42.52). The company has a current ratio of 0.88, a quick ratio of 0.47 and a debt-to-equity ratio of 74.14. The company has a market capitalization of £68.54 billion, a P/E ratio of -498.59, a PEG ratio of 3.12 and a beta of 0.27. The company has a 50 day moving average of GBX 3,020.61 and a two-hundred day moving average of GBX 2,866.23.

British American Tobacco Increases Dividend

The business also recently announced a dividend, which was paid on Monday, February 3rd. Shareholders of record on Thursday, December 19th were given a GBX 58.88 ($0.73) dividend. This is an increase from British American Tobacco’s previous dividend of $57.72. The ex-dividend date was Thursday, December 19th. This represents a yield of 2.54%. British American Tobacco’s dividend payout ratio is presently -3,794.21%.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 2,800 ($34.85) target price on shares of British American Tobacco in a report on Thursday, December 12th.

Check Out Our Latest Research Report on British American Tobacco

British American Tobacco Company Profile

(Get Free Report)

BAT was founded in 1902 and was first listed on the London Stock Exchange in 1912. A constituent of the FTSE 100 since its creation in 1984, we have evolved, becoming the only truly global company in our sector.

BAT is transforming and is well positioned with a global footprint and multi-category portfolio.

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