Tritax Big Box REIT (LON:BBOX) Posts Earnings Results

Tritax Big Box REIT (LON:BBOX) announced its earnings results on Friday. The company reported GBX 8.05 ($0.10) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Tritax Big Box REIT had a net margin of 60.46% and a return on equity of 4.04%.

Tritax Big Box REIT Stock Performance

Shares of LON:BBOX traded up GBX 3.60 ($0.05) during mid-day trading on Friday, reaching GBX 147.30 ($1.86). 23,532,465 shares of the company traded hands, compared to its average volume of 13,592,144. The company’s 50 day moving average price is GBX 139.68 and its 200-day moving average price is GBX 146.66. The firm has a market cap of £3.65 billion, a PE ratio of 19.26, a PEG ratio of 2.05 and a beta of 0.89. Tritax Big Box REIT has a 52 week low of GBX 125.20 ($1.58) and a 52 week high of GBX 168.90 ($2.13). The company has a debt-to-equity ratio of 43.99, a current ratio of 0.54 and a quick ratio of 0.42.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “buy” rating on shares of Tritax Big Box REIT in a research note on Tuesday, January 21st. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, Tritax Big Box REIT has a consensus rating of “Buy” and an average target price of GBX 191.75 ($2.42).

Tritax Big Box REIT Company Profile

Tritax Big Box REIT plc (ticker: BBOX) is the largest listed investor in high-quality logistics warehouse assets and controls the largest logistics-focused land platform in the UK. BBOX is committed to delivering attractive and sustainable returns for Shareholders by investing in and actively managing existing built investments and land suitable for logistics development.