Wall Street brokerages expect that Belmond Ltd (NYSE:BEL) will report earnings per share (EPS) of ($0.06) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Belmond’s earnings, with the lowest EPS estimate coming in at ($0.16) and the highest estimate coming in at $0.05. Belmond also posted earnings per share of ($0.06) during the same quarter last year. The business is expected to announce its next earnings report after the market closes on Wednesday, February 27th.

According to Zacks, analysts expect that Belmond will report full-year earnings of $0.30 per share for the current fiscal year, with EPS estimates ranging from $0.20 to $0.40. For the next year, analysts forecast that the firm will report earnings of $0.36 per share, with EPS estimates ranging from $0.31 to $0.45. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that follow Belmond.

BEL has been the subject of a number of research reports. ValuEngine upgraded Belmond from a “buy” rating to a “strong-buy” rating in a report on Tuesday, October 16th. Jefferies Financial Group reiterated a “buy” rating and issued a $22.00 price target on shares of Belmond in a report on Thursday, November 8th. Finally, Zacks Investment Research lowered Belmond from a “buy” rating to a “hold” rating in a report on Friday, November 2nd. One analyst has rated the stock with a sell rating, two have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $19.25.

A number of institutional investors have recently bought and sold shares of the business. Citigroup Inc. lifted its holdings in Belmond by 1,607.6% during the fourth quarter. Citigroup Inc. now owns 372,950 shares of the company’s stock worth $9,335,000 after buying an additional 351,110 shares during the period. Wellington Shields & Co. LLC lifted its holdings in Belmond by 39.0% during the fourth quarter. Wellington Shields & Co. LLC now owns 146,200 shares of the company’s stock worth $3,659,000 after buying an additional 41,000 shares during the period. Wellington Shields Capital Management LLC lifted its holdings in Belmond by 51.4% during the fourth quarter. Wellington Shields Capital Management LLC now owns 121,700 shares of the company’s stock worth $3,046,000 after buying an additional 41,300 shares during the period. Texas Permanent School Fund lifted its holdings in shares of Belmond by 4.0% during the 4th quarter. Texas Permanent School Fund now owns 58,634 shares of the company’s stock valued at $1,468,000 after purchasing an additional 2,273 shares during the last quarter. Finally, GAM Holding AG purchased a new stake in shares of Belmond during the 4th quarter valued at $1,337,000. Institutional investors own 80.56% of the company’s stock.

Shares of NYSE BEL traded up $0.01 during trading hours on Tuesday, reaching $24.92. The stock had a trading volume of 58,061 shares, compared to its average volume of 1,263,296. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.20 and a current ratio of 1.31. The firm has a market capitalization of $2.57 billion, a price-to-earnings ratio of 207.67, a PEG ratio of 4.61 and a beta of 0.50. Belmond has a 52-week low of $10.30 and a 52-week high of $25.38.

Belmond Company Profile

Belmond Ltd. engages in the hotel and travel businesses. As of December 31, 2017, the company owned, invested in, or managed 36 deluxe hotels and resort properties in the United States, Mexico, The Caribbean, Europe, Southern Africa, South America, and Southeast Asia; 1 stand-alone restaurant in New York; 7 tourist trains in Europe, Southeast Asia, and Peru; 1 river cruise in Myanmar; and 1 canal boat business in France.

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