Bovis Homes Group plc (BVS) Issues Quarterly Earnings Results, Misses Expectations By $0.26 EPS
Bovis Homes Group plc (LON:BVS) released its quarterly earnings results on Thursday. The company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.51 by $0.26, reports. Bovis Homes Group plc had a net margin of 11.21% and a return on equity of 14.49%.
Bovis Homes Group plc (LON BVS) opened at 1139.00 on Friday. The stock has a 50 day moving average price of GBX 1,018.93 and a 200 day moving average price of GBX 928.64. Bovis Homes Group plc has a 52-week low of GBX 740.50 and a 52-week high of GBX 1,167.00. The stock’s market cap is GBX 1.53 billion.
In related news, insider Earl Sibley acquired 5,409 shares of the company’s stock in a transaction that occurred on Tuesday, June 20th. The shares were bought at an average price of GBX 922 ($11.91) per share, with a total value of £49,870.98 ($64,407.83). In the last ninety days, insiders have purchased 5,441 shares of company stock worth $5,017,183.
Several research firms recently weighed in on BVS. J P Morgan Chase & Co reiterated a “neutral” rating on shares of Bovis Homes Group plc in a report on Friday. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 1,334 ($17.23) price target on shares of Bovis Homes Group plc in a report on Friday. Liberum Capital reissued a “hold” rating and set a GBX 965 ($12.46) price objective on shares of Bovis Homes Group plc in a research report on Monday, September 4th. Numis Securities Ltd raised Bovis Homes Group plc to a “buy” rating and raised their price objective for the company from GBX 1,085 ($14.01) to GBX 1,275 ($16.47) in a research report on Thursday. Finally, Peel Hunt reissued a “hold” rating on shares of Bovis Homes Group plc in a research report on Thursday. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the company. Bovis Homes Group plc has an average rating of “Hold” and an average target price of GBX 995.75 ($12.86).
About Bovis Homes Group plc
Bovis Homes Group PLC is a United Kingdom-based company, which is engaged in designing, building and sale of houses for both private customers and Registered Social Landlords. The Company offers a portfolio of properties, including one bedroom apartments, two bedroom apartments, five bedroom apartments and six bedroom detached family homes.
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