Several other equities research analysts have also commented on BOY. Barclays restated an overweight rating on shares of Bodycote in a research report on Tuesday, January 16th. Liberum Capital reiterated a buy rating and set a GBX 1,050 ($14.51) target price on shares of Bodycote in a research report on Wednesday, January 24th. Jefferies Group reiterated a buy rating and set a GBX 1,100 ($15.20) target price (up previously from GBX 980 ($13.54)) on shares of Bodycote in a research report on Thursday, February 22nd. Peel Hunt reiterated a buy rating and set a GBX 965 ($13.33) target price on shares of Bodycote in a research report on Tuesday, February 20th. Finally, Credit Suisse Group reiterated an outperform rating on shares of Bodycote in a research report on Monday, November 20th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of GBX 1,001.25 ($13.83).
LON:BOY remained flat at $GBX 895 ($12.37) during midday trading on Friday. Bodycote has a one year low of GBX 728.50 ($10.06) and a one year high of GBX 1,043 ($14.41). The company has a market cap of $1,780.00 and a price-to-earnings ratio of 1,864.58.
Bodycote (LON:BOY) last released its quarterly earnings data on Tuesday, March 6th. The company reported GBX 49.20 ($0.68) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of GBX 47.20 ($0.65) by GBX 2 ($0.03). Bodycote had a return on equity of 13.56% and a net margin of 12.61%. The business had revenue of £690.20 million for the quarter.
The business also recently announced a dividend, which will be paid on Friday, June 1st. Shareholders of record on Thursday, April 19th will be paid a GBX 37.10 ($0.51) dividend. The ex-dividend date is Thursday, April 19th. This is an increase from Bodycote’s previous dividend of $5.30. This represents a dividend yield of 3.96%.
In related news, insider Anne Quinn bought 9,000 shares of the business’s stock in a transaction on Tuesday, March 6th. The stock was acquired at an average cost of GBX 932 ($12.88) per share, with a total value of £83,880 ($115,888.37).
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Bodycote plc is a provider of thermal processing services. The Company has six operating segments, split between Aerospace, Defense and Energy (ADE) and Automotive and General Industrial (AGI) business areas: ADE-Western Europe; ADE-North America; ADE-Emerging markets; AGI-Western Europe; AGI-North America, and AGI-Emerging markets.
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