PensionBee Group (LON:PBEE) Issues Quarterly Earnings Results

PensionBee Group (LON:PBEE) issued its quarterly earnings results on Thursday. The company reported GBX 3.45 EPS for the quarter, Digital Look Earnings reports. PensionBee Group had a negative net margin of 6.69% and a negative return on equity of 8.36%.

PensionBee Group Stock Performance

PBEE traded down GBX 3 during trading on Friday, hitting GBX 137. The stock had a trading volume of 76,791 shares, compared to its average volume of 157,236. The company has a 50 day moving average price of GBX 131 and a 200-day moving average price of GBX 142.03. The firm has a market cap of £327.24 million, a price-to-earnings ratio of -114.17, a P/E/G ratio of -0.09 and a beta of 0.44. PensionBee Group has a one year low of GBX 119 and a one year high of GBX 171.50. The company has a debt-to-equity ratio of 0.35, a current ratio of 9.34 and a quick ratio of 7.03.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Berenberg Bank reaffirmed a “buy” rating and set a GBX 210 price target on shares of PensionBee Group in a research report on Thursday, July 23rd. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 217 price target on shares of PensionBee Group in a research report on Friday. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 175 price target on shares of PensionBee Group in a research note on Tuesday, July 28th. Three equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, PensionBee Group currently has a consensus rating of “Buy” and a consensus price target of GBX 200.67.

PensionBee Group Company Profile

PensionBee is creating a global leader in the consumer retirement market with approximately £8.6 billion (approximately $11 billion) in assets on behalf of approximately 327,000 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 $11 trillion in savings between them.