PensionBee Group (LON:PBEE) Releases Earnings Results

PensionBee Group (LON:PBEE) announced 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 return on equity of 8.36% and a negative net margin of 6.69%.

PensionBee Group Price Performance

Shares of LON PBEE opened at GBX 138.50 on Friday. PensionBee Group has a 1-year low of GBX 119 and a 1-year high of GBX 171.50. The company has a current ratio of 9.34, a quick ratio of 7.03 and a debt-to-equity ratio of 0.35. The stock has a fifty day simple moving average of GBX 130.98 and a two-hundred day simple moving average of GBX 142.07. The firm has a market cap of £330.82 million, a price-to-earnings ratio of -115.42, a price-to-earnings-growth ratio of -0.09 and a beta of 0.44.

Wall Street Analyst Weigh In

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

About PensionBee Group

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.