B&M European Value Retail (LON:BME) Releases Quarterly Earnings Results

B&M European Value Retail (LON:BME) issued its quarterly earnings results on Wednesday. The company reported GBX 31.80 ($0.43) EPS for the quarter, Digital Look Earnings reports. B&M European Value Retail had a return on equity of 43.85% and a net margin of 5.81%.

B&M European Value Retail Trading Down 1.6%

LON BME opened at GBX 278.80 ($3.78) on Thursday. B&M European Value Retail has a twelve month low of GBX 254.60 ($3.45) and a twelve month high of GBX 505 ($6.84). The company has a quick ratio of 0.38, a current ratio of 1.06 and a debt-to-equity ratio of 315.77. The company has a market cap of £2.81 billion, a price-to-earnings ratio of 6.67 and a beta of 1.05. The business’s fifty day moving average is GBX 318.92 and its 200 day moving average is GBX 319.20.

Wall Street Analyst Weigh In

BME has been the subject of several recent analyst reports. Shore Capital reaffirmed a “not rated” rating on shares of B&M European Value Retail in a research report on Tuesday, April 15th. Citigroup restated a “buy” rating and issued a GBX 456 ($6.18) target price on shares of B&M European Value Retail in a research report on Friday, March 28th. Finally, Canaccord Genuity Group cut their price target on shares of B&M European Value Retail from GBX 545 ($7.39) to GBX 490 ($6.64) and set a “buy” rating for the company in a report on Tuesday, February 25th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, B&M European Value Retail presently has an average rating of “Moderate Buy” and an average target price of GBX 538.76 ($7.30).

B&M European Value Retail Company Profile

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.