Bunzl (BZLFY) to Release Earnings on Monday

Bunzl (OTCMKTS:BZLFY) is expected to release its results before the market opens on Monday, March 2nd. Analysts expect Bunzl to post earnings of $1.34 per share and revenue of $8.1678 billion for the quarter.

Bunzl Stock Performance

Bunzl stock opened at $14.54 on Monday. The business has a 50 day simple moving average of $14.18 and a 200-day simple moving average of $15.14. Bunzl has a 12 month low of $13.32 and a 12 month high of $21.44. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.77 and a current ratio of 1.36.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Jefferies Financial Group upgraded shares of Bunzl to a “moderate sell” rating in a research note on Wednesday, December 17th. BNP Paribas Exane downgraded shares of Bunzl to a “neutral” rating in a research report on Monday, January 5th. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Bunzl has an average rating of “Moderate Buy”.

About Bunzl

Bunzl plc is a multinational distribution and outsourcing specialist headquartered in London, United Kingdom. The company focuses on the supply of non-food consumable products to a broad range of end markets, serving as an intermediary between manufacturers and end users. Through its global network, Bunzl leverages its scale and expertise in supply chain management to provide customers with streamlined procurement, inventory management and logistics services.

The company’s product portfolio spans several key categories, including disposable packaging materials, cleaning and hygiene supplies, personal protective equipment, catering disposables and retail point-of-sale items.