B&M European Value Retail (LON:BME) Insider Acquires 29,000 Shares

B&M European Value Retail S.A. (LON:BME) insider Tjeerd Jegen purchased 29,000 shares of the stock in a transaction on Wednesday, November 19th. The stock was acquired at an average price of GBX 164 per share, with a total value of £47,560.

Tjeerd Jegen also recently made the following trade(s):

• On Tuesday, November 18th, Tjeerd Jegen bought 31,850 shares of B&M European Value Retail stock. The shares were acquired at an average cost of GBX 155 per share, with a total value of £49,367.50.
• On Monday, November 17th, Tjeerd Jegen purchased 31,450 shares of B&M European Value Retail stock. The stock was bought at an average cost of GBX 158 per share, for a total transaction of £49,691.
• On Friday, November 14th, Tjeerd Jegen purchased 31,650 shares of B&M European Value Retail stock. The shares were bought at an average price of GBX 161 per share, with a total value of £50,956.50.
• On Wednesday, September 17th, Tjeerd Jegen acquired 50,400 shares of B&M European Value Retail stock. The shares were bought at an average price of GBX 250 per share, with a total value of £126,000.
• On Friday, September 12th, Tjeerd Jegen bought 61,500 shares of B&M European Value Retail stock. The stock was bought at an average price of GBX 242 per share, for a total transaction of £148,830.
• On Tuesday, September 9th, Tjeerd Jegen bought 79,500 shares of B&M European Value Retail stock. The shares were bought at an average cost of GBX 250 per share, with a total value of £198,750.
• On Tuesday, September 2nd, Tjeerd Jegen purchased 43,480 shares of B&M European Value Retail stock. The shares were bought at an average price of GBX 228 per share, with a total value of £99,134.40.
• On Wednesday, September 3rd, Tjeerd Jegen purchased 22,500 shares of B&M European Value Retail stock. The stock was bought at an average cost of GBX 231 per share, for a total transaction of £51,975.

B&M European Value Retail Stock Performance

LON BME traded down GBX 0.71 on Thursday, hitting GBX 165.14. 6,501,972 shares of the stock traded hands, compared to its average volume of 15,274,489. The company has a debt-to-equity ratio of 315.77, a quick ratio of 0.38 and a current ratio of 1.06. The business’s fifty day moving average is GBX 211.76 and its two-hundred day moving average is GBX 249.07. B&M European Value Retail S.A. has a 12 month low of GBX 154 and a 12 month high of GBX 378.50. The firm has a market capitalization of £1.66 billion, a price-to-earnings ratio of 5.19 and a beta of 1.05.

B&M European Value Retail (LON:BME) last issued its quarterly earnings results on Thursday, November 13th. The company reported GBX 7.20 EPS for the quarter. B&M European Value Retail had a return on equity of 43.85% and a net margin of 5.81%. As a group, equities analysts anticipate that B&M European Value Retail S.A. will post 38.4814815 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft decreased their price objective on B&M European Value Retail from GBX 250 to GBX 235 and set a “buy” rating on the stock in a research note on Wednesday, November 12th. Berenberg Bank decreased their price target on shares of B&M European Value Retail from GBX 590 to GBX 450 and set a “buy” rating on the stock in a report on Thursday, October 9th. Jefferies Financial Group reduced their price objective on B&M European Value Retail from GBX 260 to GBX 175 and set a “hold” rating on the stock in a research report on Thursday. Canaccord Genuity Group dropped their target price on B&M European Value Retail from GBX 395 to GBX 245 and set a “buy” rating for the company in a research report on Wednesday, October 22nd. Finally, Shore Capital reissued a “buy” rating on shares of B&M European Value Retail in a research note on Thursday, November 13th. Eight analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, B&M European Value Retail has a consensus rating of “Moderate Buy” and a consensus price target of GBX 281.11.

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.