Bouygues (OTCMKTS:BOUYF) Sets New 1-Year High – What’s Next?

Bouygues (OTCMKTS:BOUYF) reached a new 52-week high during trading on Tuesday . The company traded as high as $59.3420 and last traded at $59.3420, with a volume of 236 shares. The stock had previously closed at $55.65.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Oddo Bhf upgraded shares of Bouygues to an “outperform” rating in a research note on Tuesday, May 5th. Citigroup reaffirmed a “neutral” rating on shares of Bouygues in a research note on Friday, May 1st. Finally, BNP Paribas Exane began coverage on Bouygues in a report on Wednesday, February 11th. They issued an “outperform” rating for the company. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Bouygues currently has an average rating of “Moderate Buy”.

Bouygues Stock Up 6.6%

The business has a 50 day moving average of $51.77 and a two-hundred day moving average of $49.49. The stock has a market capitalization of $112.44 billion, a PE ratio of 16.26 and a beta of 0.46. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.85 and a current ratio of 0.93.

Bouygues (OTCMKTS:BOUYF) last announced its earnings results on Thursday, May 7th. The company reported ($0.28) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.45) by $0.17. The company had revenue of $14.08 billion for the quarter, compared to analyst estimates of $14.31 billion. Bouygues had a return on equity of 8.47% and a net margin of 2.12%.

About Bouygues

Bouygues is a diversified French industrial group founded in 1952 by Francis Bouygues and headquartered in Paris. Over decades the company has expanded from its origins in construction into a multi?sector conglomerate, maintaining a significant presence in construction and civil engineering, property development, telecommunications and media. Leadership has remained in the Bouygues family, with Martin Bouygues succeeding the founder and guiding the group through its diversification and international expansion.

The group’s core business activities are organized around several principal subsidiaries and divisions.