PensionBee Group (LON:PBEE) Issues Quarterly Earnings Results

PensionBee Group (LON:PBEE) released its quarterly earnings results on Thursday. The company reported GBX (1.20) EPS 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 Trading Down 4.0%

Shares of PensionBee Group stock opened at GBX 144 on Friday. The company’s fifty day simple moving average is GBX 159.54 and its 200-day simple moving average is GBX 158.53. The company has a market cap of £342.59 million, a price-to-earnings ratio of -76.60, a PEG ratio of -0.09 and a beta of 0.37. The company has a current ratio of 9.34, a quick ratio of 7.03 and a debt-to-equity ratio of 0.35. PensionBee Group has a 1 year low of GBX 131 and a 1 year high of GBX 175.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 217 target price on shares of PensionBee Group in a research note on Thursday. Berenberg Bank reissued a “buy” rating and set a GBX 210 target price on shares of PensionBee Group in a research report on Thursday. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, PensionBee Group currently has an average rating of “Moderate Buy” and a consensus price target of GBX 199.

About PensionBee Group

PensionBee is creating a global leader in the consumer retirement market with approximately £7 billion in assets on behalf of c.300,000 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 $10 trillion in savings between them.