British American Tobacco (LON:BATS) Posts Quarterly Earnings Results

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

British American Tobacco Price Performance

LON:BATS traded down GBX 292 ($3.63) during midday trading on Thursday, hitting GBX 3,102 ($38.61). The company had a trading volume of 42,787,508 shares, compared to its average volume of 30,815,102. The stock’s fifty day moving average price is GBX 3,020.61 and its 200-day moving average price is GBX 2,866.23. British American Tobacco has a 52-week low of GBX 2,228.78 ($27.74) and a 52-week high of GBX 3,416 ($42.52). The company has a quick ratio of 0.47, a current ratio of 0.88 and a debt-to-equity ratio of 74.14. The company has a market capitalization of £68.55 billion, a PE ratio of -498.71, a P/E/G ratio of 3.12 and a beta of 0.27.

British American Tobacco Increases Dividend

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

Analyst Upgrades and Downgrades

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

British American Tobacco Company Profile

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.