B/E Aerospace Inc. (NASDAQ:BEAV)’s share price reached a new 52-week high on Thursday . The company traded as high as $51.38 and last traded at $51.36, with a volume of 742,731 shares. The stock had previously closed at $50.55.

A number of research firms have weighed in on BEAV. Jefferies Group restated a “hold” rating on shares of B/E Aerospace in a report on Monday, August 1st. Zacks Investment Research cut B/E Aerospace from a “buy” rating to a “hold” rating in a report on Wednesday, July 13th. Morgan Stanley began coverage on B/E Aerospace in a report on Thursday, June 23rd. They issued an “equal weight” rating for the company. Finally, JPMorgan Chase & Co. cut B/E Aerospace from an “overweight” rating to a “neutral” rating and set a $50.00 price target for the company. in a report on Thursday, May 26th. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $53.60.

The stock has a market cap of $5.19 billion and a PE ratio of 17.65. The stock has a 50-day moving average of $47.79 and a 200 day moving average of $46.97.

B/E Aerospace (NASDAQ:BEAV) last posted its quarterly earnings results on Tuesday, July 26th. The company reported $0.84 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.82 by $0.02. During the same period last year, the business earned $0.75 earnings per share. The firm had revenue of $753 million for the quarter, compared to analysts’ expectations of $714.04 million. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. On average, equities analysts predict that B/E Aerospace Inc. will post $3.26 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 9th. Investors of record on Monday, August 15th will be paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date of this dividend is Thursday, August 11th.

B/E Aerospace, Inc is a manufacturer of cabin interior products for commercial aircraft and business jets. The Company sells its products and provides services to various airlines and aerospace manufacturers across the world. It operates through two segments: commercial aircraft (CAS) and business jet (BJS).

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