A.G. BARR (LON:BAG) Releases Quarterly Earnings Results

A.G. BARR (LON:BAG) released its earnings results on Tuesday. The company reported GBX 39.77 ($0.51) earnings per share for the quarter, Digital Look Earnings reports. A.G. BARR had a net margin of 8.81% and a return on equity of 12.27%.

A.G. BARR Stock Performance

BAG traded down GBX 4 ($0.05) during midday trading on Thursday, hitting GBX 605 ($7.79). 10,445 shares of the company were exchanged, compared to its average volume of 241,797. The company’s 50 day simple moving average is GBX 611.88 and its 200 day simple moving average is GBX 617.38. The firm has a market capitalization of £676.05 million, a price-to-earnings ratio of 18.60, a price-to-earnings-growth ratio of 1.36 and a beta of 0.38. A.G. BARR has a 1-year low of GBX 544 ($7.00) and a 1-year high of GBX 686 ($8.83). The company has a current ratio of 1.87, a quick ratio of 1.99 and a debt-to-equity ratio of 2.62.

A.G. BARR Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, April 11th. Investors of record on Thursday, April 3rd will be given a dividend of GBX 44.80 ($0.58) per share. The ex-dividend date is Thursday, April 3rd. This is an increase from A.G. BARR’s previous dividend of $3.10. This represents a yield of 3.02%. A.G. BARR’s payout ratio is currently 49.20%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “house stock” rating on shares of A.G. BARR in a report on Tuesday.

About A.G. BARR

A.G. Barr is a UK-based branded multi beverage business focused on growth and the creation of long-term shareholder value.

Ambitious and value driven, with strong consumer focus, it is a brand owners and builder, offering a diverse and differentiated portfolio of brands that people love.

Established almost 150 years ago in Scotland, now operating across the UK and with export markets throughout the world, A.G.