Big Yellow Group (LON:BYG) Releases Earnings Results

Big Yellow Group (LON:BYG) announced its earnings results on Monday. The company reported GBX 63.80 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Big Yellow Group had a return on equity of 5.06% and a net margin of 63.14%.The firm had revenue of £209.08 million for the quarter.

Big Yellow Group Trading Down 0.6%

Big Yellow Group stock traded down GBX 5 during midday trading on Monday, reaching GBX 829. The stock had a trading volume of 11,549,180 shares, compared to its average volume of 2,610,336. Big Yellow Group has a twelve month low of GBX 820.50 and a twelve month high of GBX 1,208. The stock has a market capitalization of £1.62 billion, a PE ratio of 12.52, a price-to-earnings-growth ratio of 2.40 and a beta of 0.96. The company has a debt-to-equity ratio of 17.84, a quick ratio of 0.29 and a current ratio of 0.26. The stock’s 50-day simple moving average is GBX 893.71 and its 200 day simple moving average is GBX 999.20.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Berenberg Bank reissued a “buy” rating and set a GBX 1,383 target price on shares of Big Yellow Group in a research note on Tuesday, January 20th. The Goldman Sachs Group downgraded Big Yellow Group to a “sell” rating and decreased their target price for the stock from GBX 1,140 to GBX 860 in a research report on Monday, March 30th. Finally, Jefferies Financial Group upgraded Big Yellow Group to a “buy” rating and boosted their target price for the stock from GBX 1,200 to GBX 1,225 in a research report on Monday, January 26th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 1,227.17.

Insiders Place Their Bets

In related news, insider Nicholas Vetch sold 54,731 shares of Big Yellow Group stock in a transaction on Thursday, March 19th. The stock was sold at an average price of GBX 913, for a total value of £499,694.03. Insiders own 12.87% of the company’s stock.

Big Yellow Group Company Profile

Big Yellow is the UK’s brand leader in self storage.
Our diverse customer base, strong brand and location of our 109 stores helps us deliver a resilient performance.
We are committed to innovation in customer engagement, harnessing technology and investing in the development of our store teams. This dedication puts exceptional customer service at the heart of what we do, whilst ensuring we continue to operate a sustainable business.