Big Yellow Group (LON:BYG) Posts Earnings Results

Big Yellow Group (LON:BYG) posted its earnings results on Monday. The company reported GBX 63.80 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Big Yellow Group had a return on equity of 4.81% and a net margin of 59.74%.The firm had revenue of £209.08 million for the quarter.

Big Yellow Group Trading Down 0.3%

Big Yellow Group stock opened at GBX 809.50 on Wednesday. Big Yellow Group has a 12 month low of GBX 800.50 and a 12 month high of GBX 1,208. The company has a market capitalization of £1.59 billion, a price-to-earnings ratio of 12.23, a price-to-earnings-growth ratio of 2.40 and a beta of 1.12. The business’s fifty day simple moving average is GBX 888.57 and its two-hundred day simple moving average is GBX 994.70. The company has a current ratio of 0.31, a quick ratio of 0.29 and a debt-to-equity ratio of 19.31.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on BYG shares. Jefferies Financial Group raised shares of Big Yellow Group to a “buy” rating and raised their target price for the stock from GBX 1,200 to GBX 1,225 in a research report on Monday, January 26th. The Goldman Sachs Group downgraded shares of Big Yellow Group to a “sell” rating and decreased their price target for the stock from GBX 1,140 to GBX 860 in a research note on Monday, March 30th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 1,323 price objective on shares of Big Yellow Group in a report on Tuesday. Five investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Big Yellow Group currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,217.17.

Insider Buying and Selling at Big Yellow Group

In other news, insider Michael O’Donnell acquired 4,000 shares of Big Yellow Group stock in a transaction on Tuesday, May 19th. The stock was acquired at an average cost of GBX 827 per share, for a total transaction of £33,080. Also, insider Nicholas Vetch sold 54,731 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of GBX 913, for a total transaction of £499,694.03. Insiders have bought 58,731 shares of company stock valued at $51,050,282 over the last 90 days. Corporate insiders own 12.87% of the company’s stock.

About Big Yellow Group

Big Yellow is the UK’s brand leader in self storage.
Our diverse customer base, strong brand and location of our 109 stores helps us deliver a resilient performance.
We are committed to innovation in customer engagement, harnessing technology and investing in the development of our store teams. This dedication puts exceptional customer service at the heart of what we do, whilst ensuring we continue to operate a sustainable business.