A.G. BARR (LON:BAG) Hits New 1-Year High – Here’s Why

A.G. BARR p.l.c. (LON:BAG)’s share price hit a new 52-week high on Friday . The stock traded as high as GBX 712 ($9.46) and last traded at GBX 711 ($9.44), with a volume of 29420 shares. The stock had previously closed at GBX 701 ($9.31).

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of A.G. BARR in a research note on Tuesday, March 25th.

A.G. BARR Price Performance

The company has a debt-to-equity ratio of 2.62, a current ratio of 1.87 and a quick ratio of 1.99. The stock has a market capitalization of £794.50 million, a P/E ratio of 21.86, a PEG ratio of 1.36 and a beta of 0.38. The company’s 50 day simple moving average is GBX 654.97 and its two-hundred day simple moving average is GBX 626.62.

A.G. BARR (LON:BAG) last announced its earnings results on Tuesday, March 25th. The company reported GBX 39.77 ($0.53) earnings per share (EPS) for the quarter. A.G. BARR had a net margin of 8.81% and a return on equity of 12.27%. As a group, equities analysts expect that A.G. BARR p.l.c. will post 43.7109104 EPS for the current fiscal year.

A.G. BARR Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, June 6th. Stockholders of record on Thursday, May 8th will be given a dividend of GBX 44.80 ($0.60) per share. This represents a dividend yield of 3.02%. This is a positive change from A.G. BARR’s previous dividend of $3.10. The ex-dividend date of this dividend is Thursday, May 8th. A.G. BARR’s dividend payout ratio is presently 49.20%.

Insider Transactions at A.G. BARR

In related news, insider Euan Sutherland bought 11,990 shares of A.G. BARR stock in a transaction dated Monday, April 28th. The shares were bought at an average cost of GBX 675 ($8.97) per share, for a total transaction of £80,932.50 ($107,508.63). Over the last three months, insiders have purchased 12,060 shares of company stock worth $8,138,116. Corporate insiders own 23.13% of the company’s stock.

About A.G. BARR

A.G. Barr is a UK-based branded multi beverage business focused on growth and the creation of long-term shareholder value.

Ambitious and value driven, with strong consumer focus, it is a brand owners and builder, offering a diverse and differentiated portfolio of brands that people love.

Established almost 150 years ago in Scotland, now operating across the UK and with export markets throughout the world, A.G.