PensionBee Group (LON:PBEE) Announces Quarterly Earnings Results

PensionBee Group (LON:PBEE) released its earnings results on Thursday. The company reported GBX 3.45 earnings per share 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 Price Performance

LON PBEE traded down GBX 4 during trading on Thursday, reaching GBX 141. 119,689 shares of the company traded hands, compared to its average volume of 157,126. PensionBee Group has a 1-year low of GBX 119 and a 1-year high of GBX 171.53. The company has a market cap of £336.80 million, a price-to-earnings ratio of -117.50, a P/E/G ratio of -0.09 and a beta of 0.44. The stock’s 50 day moving average price is GBX 130.89 and its two-hundred day moving average price is GBX 142.22. The company has a debt-to-equity ratio of 0.35, a quick ratio of 7.03 and a current ratio of 9.34.

Analyst Ratings Changes

Several brokerages have recently issued reports on PBEE. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 175 price target on shares of PensionBee Group in a research report on Tuesday, July 28th. Berenberg Bank reissued a “buy” rating and set a GBX 210 price objective on shares of PensionBee Group in a research report on Thursday, July 23rd. Finally, Canaccord Genuity Group restated a “buy” rating and set a GBX 217 target price on shares of PensionBee Group in a research note on Thursday, July 23rd. 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 an average 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.