PensionBee Group (LON:PBEE) Reaches New 1-Year Low – Here’s Why

PensionBee Group plc (LON:PBEE)’s share price reached a new 52-week low during trading on Wednesday. The stock traded as low as GBX 117 and last traded at GBX 120, with a volume of 95,743 shares traded. The stock had previously closed at GBX 128.

Analyst Ratings Changes

PBEE has been the topic of a number of recent analyst reports. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 217 price objective on shares of PensionBee Group in a research note on Friday, August 14th. Berenberg Bank reiterated a “buy” rating and set a GBX 210 price objective on shares of PensionBee Group in a report on Thursday, July 23rd. Finally, Royal Bank Of Canada restated an “outperform” rating and set a GBX 175 target price on shares of PensionBee Group in a report on Friday, August 14th. Three investment analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of GBX 200.67.

PensionBee Group Stock Performance

The company has a current ratio of 7.16, a quick ratio of 7.03 and a debt-to-equity ratio of 0.08. The company has a 50-day moving average price of GBX 133.64 and a two-hundred day moving average price of GBX 135.48. The stock has a market capitalization of £286.73 million, a P/E ratio of 28.57, a price-to-earnings-growth ratio of -0.09 and a beta of 0.44.

PensionBee Group (LON:PBEE) last announced its earnings results on Thursday, August 13th. The company reported GBX 3.45 earnings per share (EPS) for the quarter. PensionBee Group had a return on equity of 25.24% and a net margin of 20.77%. On average, equities analysts forecast that PensionBee Group plc will post -9.39 earnings per share for the current year.

About PensionBee Group

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.