Balfour Beatty (LON:BBY) Issues Quarterly Earnings Results

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

Balfour Beatty Stock Up 4.2 %

BBY opened at GBX 451.60 ($5.85) on Wednesday. The company has a debt-to-equity ratio of 79.85, a quick ratio of 0.84 and a current ratio of 0.99. The company has a market capitalization of £2.30 billion, a PE ratio of 10.54, a P/E/G ratio of 3.75 and a beta of 0.81. The stock’s fifty day moving average is GBX 452.40 and its 200-day moving average is GBX 442.18. Balfour Beatty has a one year low of GBX 338.80 ($4.39) and a one year high of GBX 476.40 ($6.17).

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft lifted 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 note 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.