PensionBee Group (LON:PBEE) Reaches New 1-Year Low – Here’s Why

PensionBee Group plc (LON:PBEE) hit a new 52-week low on Wednesday . The stock traded as low as GBX 131 and last traded at GBX 134, with a volume of 37210 shares changing hands. The stock had previously closed at GBX 135.50.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Royal Bank Of Canada raised PensionBee Group to a “sector perform” rating and upped their target price for the stock from GBX 170 to GBX 175 in a research report on Tuesday, May 19th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 210 target price on shares of PensionBee Group in a research report on Thursday, April 23rd. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 217 target price on shares of PensionBee Group in a research report on Thursday, March 12th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, PensionBee Group currently has a consensus rating of “Moderate Buy” and an average price target of GBX 200.67.

PensionBee Group Price Performance

The company has a quick ratio of 7.03, a current ratio of 9.34 and a debt-to-equity ratio of 0.35. The business has a 50-day moving average price of GBX 142.47 and a two-hundred day moving average price of GBX 152.27. The company has a market capitalization of £319.81 million, a price-to-earnings ratio of -111.67, a price-to-earnings-growth ratio of -0.09 and a beta of 0.43.

PensionBee Group (LON:PBEE) last released its quarterly earnings results on Thursday, March 12th. The company reported GBX (1.20) EPS for the quarter. PensionBee Group had a negative net margin of 6.69% and a negative return on equity of 8.36%. As a group, research analysts anticipate that PensionBee Group plc will post -9.3899999 EPS for the current year.

About PensionBee Group

PensionBee is creating a global leader in the consumer retirement market with approximately £7.5 billion (approximately $10 billion) in assets on behalf of approximately 315,000 customers.

Founded in 2014, we aspire to make as many people as possible pension confident so that everyone can enjoy a happy retirement. We help our customers to combine their retirement savings into a new online account, which they can manage from the palm of their hand.

PensionBee accounts are invested by the world’s largest investment managers, collectively looking after more than $10 trillion in savings between them.