Balfour Beatty (LON:BBY) Reaches New 12-Month High – Time to Buy?

Balfour Beatty plc (LON:BBY)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 800 and last traded at GBX 757, with a volume of 25744578 shares traded. The stock had previously closed at GBX 702.

Trending Headlines about Balfour Beatty

Here are the key news stories impacting Balfour Beatty this week:

• Positive Sentiment: Berenberg raised its price target to GBX 870 and maintained a “buy” rating, supporting upside expectations for BBY. Broker Ratings
• Positive Sentiment: Balfour Beatty reported strong results and said the uplifts in infrastructure demand have driven a record order book, which management cites as lifting earnings visibility. Record order book
• Positive Sentiment: Market reaction was upbeat after the results and buyback announcement, with coverage noting a surge in the stock following the releases. Surges after results
• Positive Sentiment: Analysts/industry press highlight structural support from ongoing grid expansion, providing a favourable backdrop for future contracts and revenue. Grid expansion support
• Neutral Sentiment: The full H2 FY2025 earnings call transcript is available for deeper detail on guidance, margins and backlog — useful for investors who want management commentary. Earnings call transcript
• Neutral Sentiment: Quarterly results showed EPS of GBX 47.60 with ROE 16.7% and net margin ~2.1%; slides and call recording are posted for investors to verify forward outlook and one-off items. Slide deck
• Neutral Sentiment: The board authorized a share buyback program (open market repurchases). The initial public note cited the authorization but provided no concrete repurchase size in the release, leaving details and timing open. Buyback authorization
• Negative Sentiment: Despite positives, shares are down today — likely reflecting profit-taking after recent gains, high intraday volume (well above average), and lingering valuation/margin scrutiny; investors should watch whether guidance or buyback sizing ease those concerns.

Analysts Set New Price Targets

A number of research analysts recently issued reports on BBY shares. Berenberg Bank lifted their target price on Balfour Beatty from GBX 800 to GBX 870 and gave the company a “buy” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft upped their price target on Balfour Beatty from GBX 650 to GBX 715 and gave the stock a “buy” rating in a report on Thursday, December 4th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of GBX 792.50.

Balfour Beatty Stock Down 1.4%

The company has a current ratio of 1.02, a quick ratio of 0.84 and a debt-to-equity ratio of 89.50. The company has a market cap of £3.63 billion, a price-to-earnings ratio of 21.22, a PEG ratio of 3.75 and a beta of 0.64. The firm’s fifty day simple moving average is GBX 735.74 and its 200 day simple moving average is GBX 687.87.

Balfour Beatty (LON:BBY) last announced its quarterly earnings data on Wednesday, March 11th. The company reported GBX 47.60 EPS for the quarter. Balfour Beatty had a net margin of 2.77% and a return on equity of 23.73%. Sell-side analysts predict that Balfour Beatty plc will post 43.3100698 earnings per share for the current year.

Balfour Beatty declared that its Board of Directors has approved a share repurchase program on Wednesday, March 11th that permits the company to buyback 0 shares. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its stock is undervalued.

About Balfour Beatty

Balfour Beatty is a leading international infrastructure group. With 26,000 employees across the UK, US and Hong Kong, we’re leading the transformation of our industry to meet the challenges of the future.

Trusted by our customers to deliver sustainable solutions and strengthen communities, we finance, develop, build, maintain and operate the increasingly complex and critical infrastructure that supports national economies and deliver projects at the heart of local communities.

Collaborating with governments, our customers and partners, we deliver powerful new solutions, shape thinking, create skylines and inspire a new generation of talent to be the change-makers of tomorrow.