Analysts expect British American Tobacco PLC (NYSE:BTI) to announce earnings per share (EPS) of $2.02 for the current fiscal quarter, Zacks reports. Zero analysts have issued estimates for British American Tobacco’s earnings. The business is scheduled to issue its next quarterly earnings report on Thursday, February 28th.
According to Zacks, analysts expect that British American Tobacco will report full year earnings of $3.98 per share for the current fiscal year, with EPS estimates ranging from $3.73 to $4.20. For the next financial year, analysts forecast that the business will post earnings of $4.35 per share, with EPS estimates ranging from $4.06 to $4.63. Zacks’ EPS averages are a mean average based on a survey of research analysts that cover British American Tobacco.
BTI has been the topic of a number of research analyst reports. Piper Jaffray Companies raised British American Tobacco from a “neutral” rating to an “overweight” rating in a report on Tuesday, January 29th. Cowen lowered British American Tobacco from an “outperform” rating to a “market perform” rating in a report on Monday, January 7th. Zacks Investment Research lowered British American Tobacco from a “hold” rating to a “sell” rating in a report on Tuesday, December 18th. UBS Group lowered British American Tobacco from a “hold” rating to a “sell” rating in a report on Thursday, October 18th. Finally, Royal Bank of Canada upgraded British American Tobacco from an “underperform” rating to a “sector perform” rating in a research report on Thursday, November 29th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company’s stock. British American Tobacco has a consensus rating of “Hold” and an average target price of $66.00.
Several institutional investors have recently bought and sold shares of BTI. Foyston Gordon & Payne Inc increased its holdings in British American Tobacco by 10.4% during the 4th quarter. Foyston Gordon & Payne Inc now owns 136,359 shares of the company’s stock valued at $4,344,000 after purchasing an additional 12,896 shares in the last quarter. Doyle Wealth Management acquired a new stake in shares of British American Tobacco during the fourth quarter worth $105,000. LPL Financial LLC grew its stake in shares of British American Tobacco by 17.3% during the fourth quarter. LPL Financial LLC now owns 230,256 shares of the company’s stock worth $7,336,000 after purchasing an additional 34,030 shares during the period. Toronto Dominion Bank grew its stake in shares of British American Tobacco by 57.2% during the fourth quarter. Toronto Dominion Bank now owns 24,000 shares of the company’s stock worth $764,000 after purchasing an additional 8,728 shares during the period. Finally, Lindbrook Capital LLC acquired a new stake in shares of British American Tobacco during the fourth quarter worth $54,000. Institutional investors and hedge funds own 7.17% of the company’s stock.
Shares of NYSE BTI traded up $0.26 during mid-day trading on Monday, reaching $35.41. 33,847 shares of the company traded hands, compared to its average volume of 3,271,558. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.41 and a current ratio of 0.81. The firm has a market cap of $74.90 billion, a price-to-earnings ratio of 9.62, a P/E/G ratio of 0.93 and a beta of 0.90. British American Tobacco has a fifty-two week low of $30.67 and a fifty-two week high of $63.04.
About British American Tobacco
British American Tobacco p.l.c. provides cigarettes and other tobacco products worldwide. It manufactures vapour and tobacco heating products; oral tobacco and nicotine products, such as snus and moist snuff; cigars; and e-cigarettes. The company offers its products under the Dunhill, Kent, Lucky Strike, Pall Mall, Rothmans, Vogue, Viceroy, Kool, Peter Stuyvesant, Craven A, Benson & Hedges, John Player Gold Leaf, State Express 555, and Shuang Xi brands.
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