Brambles (BXBLY) to Post Quarterly Earnings on Thursday

Brambles (OTCMKTS:BXBLY) is anticipated to issue its results before the market opens on Thursday, August 20th. Analysts expect the company to announce earnings of $0.6370 per share and revenue of $3.5047 billion for the quarter.

Brambles Stock Down 0.9%

OTCMKTS BXBLY opened at $27.39 on Wednesday. Brambles has a 1-year low of $22.70 and a 1-year high of $36.00. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.67 and a quick ratio of 0.64. The business’s fifty day moving average price is $27.04 and its 200-day moving average price is $29.60.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Zacks Research upgraded shares of Brambles from a “strong sell” rating to a “hold” rating in a research report on Monday, July 20th. UBS Group upgraded shares of Brambles from a “hold” rating to a “buy” rating in a research report on Monday, May 18th. Finally, The Goldman Sachs Group upgraded shares of Brambles to a “neutral” rating and set a $19.34 target price on the stock in a research note on Tuesday, May 19th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Brambles currently has an average rating of “Hold” and an average price target of $19.34.

Brambles Company Profile

Brambles Limited (OTCMKTS:BXBLY) is a global supply-chain logistics company headquartered in Sydney, Australia, best known for its pooled pallet and reusable packaging services. The company operates the CHEP brand for pallets and larger load-carrier solutions and the IFCO brand for reusable plastic crates, offering customers standardized, shared assets that move goods through retail, grocery, manufacturing and other supply chains.

Brambles’ core activities include the management, distribution and maintenance of pooled pallets, crates and containers; repair and refurbishment services; and logistics support such as asset tracking and inventory management.