Bakkavor Group (LON:BAKK) Sets New 1-Year High – Should You Buy?

Posted by Alphonse Anthony on Apr 2nd, 2025

Bakkavor Group plc (LON:BAKK – Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 193.40 ($2.50) and last traded at GBX 190.35 ($2.46), with a volume of 2267557 shares changing hands. The stock had previously closed at GBX 177.80 ($2.30).

Analyst Ratings Changes

Separately, Royal Bank of Canada reissued an “outperform” rating and set a GBX 170 ($2.20) price target on shares of Bakkavor Group in a research report on Thursday, March 13th.

Check Out Our Latest Stock Analysis on Bakkavor Group

Bakkavor Group Stock Up 7.3 %

The company has a quick ratio of 0.43, a current ratio of 0.62 and a debt-to-equity ratio of 53.92. The firm has a market capitalization of £1.12 billion, a price-to-earnings ratio of 17.37, a P/E/G ratio of 0.61 and a beta of 0.63. The stock has a 50 day moving average of GBX 150.49 and a 200 day moving average of GBX 147.97.

Bakkavor Group (LON:BAKK – Get Free Report) last issued its quarterly earnings results on Tuesday, March 4th. The company reported GBX 9.60 ($0.12) earnings per share for the quarter. Bakkavor Group had a return on equity of 10.43% and a net margin of 2.86%. As a group, analysts expect that Bakkavor Group plc will post 11.5761689 earnings per share for the current fiscal year.

Bakkavor Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Thursday, April 24th will be given a GBX 4.80 ($0.06) dividend. This is an increase from Bakkavor Group’s previous dividend of $3.20. This represents a dividend yield of 3%. The ex-dividend date of this dividend is Thursday, April 24th. Bakkavor Group’s dividend payout ratio (DPR) is presently 72.85%.

Bakkavor Group Company Profile

(Get Free Report)

We are the leading provider of fresh prepared food in the UK, and our presence in the US and China positions the Group well in these high-growth markets. We leverage our consumer insight and scale to provide innovative food that offers quality, choice, convenience, and freshness. Around 18,000 colleagues operate from 43 sites across our three markets supplying a portfolio of over 3,000 products across meals, pizza & bread, salads and desserts to leading grocery retailers in the UK and US, and international food brands in China.