PensionBee Group (LON:PBEE) Releases Quarterly Earnings Results

PensionBee Group (LON:PBEE) issued its earnings results on Thursday. The company reported GBX (1.20) earnings per share (EPS) for the quarter, Digital Look Earnings reports. PensionBee Group had a negative net margin of 12.33% and a negative return on equity of 13.61%.

PensionBee Group Stock Performance

Shares of PensionBee Group stock opened at GBX 154.37 on Thursday. The business’s fifty day simple moving average is GBX 160.17 and its 200 day simple moving average is GBX 158.73. The company has a current ratio of 5.13, a quick ratio of 7.03 and a debt-to-equity ratio of 0.66. PensionBee Group has a 12 month low of GBX 131 and a 12 month high of GBX 175. The firm has a market capitalization of £367.27 million, a P/E ratio of -82.11, a price-to-earnings-growth ratio of -0.09 and a beta of 0.37.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on PBEE shares. Berenberg Bank reaffirmed a “buy” rating and set a GBX 210 price target on shares of PensionBee Group in a report on Thursday. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 217 price target on shares of PensionBee Group in a research note on Thursday. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 199.

PensionBee Group Company Profile

PensionBee is creating a global leader in the consumer retirement market with approximately £7 billion in assets on behalf of c.300,000 customers.

Founded in 2014, we aspire to make as many people as possible pension confident so that everyone can enjoy a happy retirement. We help our customers to combine their retirement savings into a new online account, which they can manage from the palm of their hand.

PensionBee accounts are invested by the world’s largest investment managers, collectively looking after more than $10 trillion in savings between them.