B&M European Value Retail (LON:BME) Insider Buys £99,297 in Stock

B&M European Value Retail S.A. (LON:BME) insider Tjeerd Jegen acquired 53,100 shares of the company’s stock in a transaction on Monday, June 22nd. The stock was purchased at an average cost of GBX 187 per share, for a total transaction of £99,297.

B&M European Value Retail Stock Up 12.7%

Shares of BME stock traded up GBX 23.70 on Wednesday, reaching GBX 210.40. 811,351,563 shares of the stock were exchanged, compared to its average volume of 46,642,242. The company has a market capitalization of £2.11 billion, a price-to-earnings ratio of 12.91 and a beta of 1.09. The business’s 50 day moving average price is GBX 178.06 and its 200 day moving average price is GBX 174.68. The company has a current ratio of 1.42, a quick ratio of 0.38 and a debt-to-equity ratio of 306.52. B&M European Value Retail S.A. has a twelve month low of GBX 140 and a twelve month high of GBX 288.93.

B&M European Value Retail (LON:BME) last posted its quarterly earnings results on Wednesday, June 3rd. The company reported GBX 16.30 earnings per share for the quarter. The company had revenue of GBX 577.50 billion for the quarter. B&M European Value Retail had a return on equity of 21.74% and a net margin of 2.84%. As a group, sell-side analysts expect that B&M European Value Retail S.A. will post 38.4814815 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

BME has been the topic of a number of research analyst reports. Shore Capital Group cut shares of B&M European Value Retail to a “hold” rating and set a GBX 215 price objective on the stock. in a report on Tuesday, June 16th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 165 price objective on shares of B&M European Value Retail in a report on Thursday, June 4th. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of GBX 204.38.

About B&M European Value Retail

B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Munsbach, Luxembourg.