Analysts forecast that Belmond Ltd. (NYSE:BEL) will announce $168.93 million in sales for the current quarter, according to Zacks. Two analysts have issued estimates for Belmond’s earnings, with estimates ranging from $165.27 million to $172.59 million. Belmond reported sales of $158.10 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 6.9%. The company is scheduled to report its next earnings report on Wednesday, August 2nd.

On average, analysts expect that Belmond will report full year sales of $168.93 million for the current financial year, with estimates ranging from $564.04 million to $575.62 million. For the next year, analysts expect that the business will post sales of $584.70 million per share, with estimates ranging from $581.32 million to $588.07 million. Zacks’ sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Belmond.

Belmond (NYSE:BEL) last announced its quarterly earnings results on Monday, May 8th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by $0.05. Belmond had a net margin of 3.61% and a return on equity of 1.74%. The business had revenue of $95.40 million during the quarter, compared to analysts’ expectations of $91.83 million.

BEL has been the topic of several analyst reports. Zacks Investment Research raised shares of Belmond from a “sell” rating to a “hold” rating in a research report on Tuesday, May 2nd. BidaskClub raised shares of Belmond from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. Finally, Telsey Advisory Group raised shares of Belmond from a “market perform” rating to an “outperform” rating and lifted their target price for the stock from $14.00 to $16.00 in a research report on Tuesday, June 6th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. Belmond presently has an average rating of “Hold” and an average price target of $14.60.

Hedge funds have recently bought and sold shares of the company. State of Alaska Department of Revenue boosted its stake in Belmond by 2.1% in the first quarter. State of Alaska Department of Revenue now owns 9,330 shares of the company’s stock valued at $112,000 after buying an additional 190 shares in the last quarter. A.R.T. Advisors LLC bought a new stake in Belmond during the fourth quarter valued at approximately $149,000. KCG Holdings Inc. bought a new stake in Belmond during the first quarter valued at approximately $198,000. BNP Paribas Arbitrage SA boosted its stake in Belmond by 12.9% in the first quarter. BNP Paribas Arbitrage SA now owns 19,288 shares of the company’s stock valued at $233,000 after buying an additional 2,206 shares in the last quarter. Finally, Mason Street Advisors LLC boosted its stake in Belmond by 7.1% in the first quarter. Mason Street Advisors LLC now owns 19,759 shares of the company’s stock valued at $239,000 after buying an additional 1,302 shares in the last quarter. Institutional investors and hedge funds own 75.45% of the company’s stock.

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Shares of Belmond (NYSE:BEL) opened at 13.10 on Friday. Belmond has a one year low of $9.60 and a one year high of $14.45. The stock has a market cap of $1.34 billion, a P/E ratio of 69.31 and a beta of 0.94. The firm has a 50 day moving average of $12.76 and a 200 day moving average of $12.92.

About Belmond

Belmond Ltd. (Belmond) is a hotel company and adventure travel operator. As of December 31, 2016, Belmond owned, partially-owned and/or operated 45 properties, consisting of 34 individual deluxe hotels, 29 of which are owned (including nine under long-term lease), five European tourist trains, two cruise ships in Myanmar (one of which is under long-term charter), one French canal cruise business consisting of five small canal boats, and one stand-alone restaurant in the United States.

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