B&M European Value Retail (LON:BME – Get Free Report) posted its quarterly earnings data on Wednesday. The company reported GBX 31.80 ($0.43) earnings per share for the quarter, Digital Look Earnings reports. B&M European Value Retail had a net margin of 5.81% and a return on equity of 43.85%.
B&M European Value Retail Price Performance
LON:BME opened at GBX 278.80 ($3.78) on Thursday. The company has a market cap of £2.81 billion, a P/E ratio of 6.67 and a beta of 1.05. The firm’s fifty day moving average price is GBX 318.92 and its two-hundred day moving average price is GBX 319.20. B&M European Value Retail has a one year low of GBX 254.60 ($3.45) and a one year high of GBX 505 ($6.84). The company has a debt-to-equity ratio of 315.77, a current ratio of 1.06 and a quick ratio of 0.38.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on BME shares. Shore Capital reissued a “not rated” rating on shares of B&M European Value Retail in a research note on Tuesday, April 15th. Citigroup reissued a “buy” rating and set a GBX 456 ($6.18) price objective on shares of B&M European Value Retail in a report on Friday, March 28th. Finally, Canaccord Genuity Group dropped their target price on shares of B&M European Value Retail from GBX 545 ($7.39) to GBX 490 ($6.64) and set a “buy” rating for the company in a research note on Tuesday, February 25th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 538.76 ($7.30).
About B&M European Value Retail
B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Munsbach, Luxembourg.
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