A.G. BARR (LON:BAG) Announces Earnings Results

A.G. BARR (LON:BAG) released its quarterly earnings data 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

Shares of BAG stock traded down GBX 8 ($0.10) during trading on Thursday, reaching GBX 601 ($7.74). 10,734 shares of the company’s stock traded hands, compared to its average volume of 241,802. 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 market capitalization of £671.58 million, a P/E ratio of 18.48, a PEG ratio of 1.36 and a beta of 0.38. The company has a current ratio of 1.87, a quick ratio of 1.99 and a debt-to-equity ratio of 2.62. The firm’s 50-day moving average is GBX 611.88 and its 200 day moving average is GBX 617.38.

A.G. BARR Increases Dividend

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

Analysts Set New Price Targets

Separately, Shore Capital reaffirmed a “house stock” rating on shares of A.G. BARR in a research 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.