|Bid||682.40 x 168900|
|Ask||738.00 x 76000|
|Day's Range||714.60 - 726.40|
|52 Week Range||604.00 - 868.00|
|PE Ratio (TTM)||10.81|
|Earnings Date||Nov 21, 2018|
|Forward Dividend & Yield||0.29 (4.25%)|
|1y Target Est||911.50|
Babcock International said it was trading in line with expectations and was on course to deliver “low single digit” underlying revenue growth as the engineer sought to reassure investors after cutting its full-year targets in July. Around 87 per cent of revenue is now in place for 2018/19 and around 57 per cent for the year 2019/20, Babcock said. The trading update came after the company unnerved investors in July when it cut its full-year revenue targets.
In this analysis, my focus will be on developing a perspective on Babcock International Group plc’s (LON:BAB) latest ownership structure, a less discussed, but important factor. Ownership structure has beenRead More...
Examining Babcock International Group plc’s (LON:BAB) past track record of performance is a valuable exercise for investors. It enables us to understand whether the company has met or exceed expectations,Read More...
Capita is inviting employees to apply for up to two seats on the board of the British outsourcing firm in an attempt to improve its corporate culture and public image. The boardroom has long been the preserve of senior executives and external directors in Britain, although staff representation at the top of the company is common in other European countries. Drafting staff onto its board would be the first time a publicly-listed British company had made such appointments since the 1980s, a spokeswoman for Capita said on Wednesday, adding that those selected from among its 53,000 UK employees would keep their day jobs.
Defence and engineering firm Babcock (BAB.L) has failed to secure support from Britain's defence ministry for a proposal to add some services to an existing long-term armoured vehicle maintenance contract. "Value for money is always one of our key considerations and on that basis we have decided not to progress Babcock's proposal," the Ministry of Defence said in a statement. A defence ministry spokesman was not immediately able to confirm the value of the deal.
British engineering company Babcock Intl (BAB.L) said its expectations for underlying revenue and earnings were unchanged after it missed out on an armoured vehicle maintenance contract, adding that a Sunday Times article on the deal was "misleading". Britain's Ministry of Defence (MOD) said late on Saturday it had decided not to proceed with a proposal from Babcock related to armoured vehicles. Babcock said it had recently put forward a proposal related to a number of different vehicle types, but the MOD had not taken this up, instead deciding to focus on its core Defence Support Group (DSG) contract.
Defence and engineering firm Babcock (BAB.L) has missed out on a big armoured vehicle maintenance contract, Britain's defence ministry said late on Saturday, barely a week after the firm cut sales forecasts due to trouble in its marine division. "Value for money is always one of our key considerations and on that basis we have decided not to progress Babcock's proposal," the Ministry of Defence said in a statement. The Sunday Times newspaper said the contract to maintain 2,300 armoured vehicles would have been worth 1 billion pounds ($1.3 billion) to Babcock.
By Danilo Masoni MILAN (Reuters) - Earnings updates were the main focus on Thursday as Britain's top share index inched higher, but it stayed within recent tight ranges as caution over the outcome of Brexit ...
British engineer Babcock (BAB.L) cut its full-year revenue growth target on Thursday as delays in government spending on submarines hit its Marine division, sending its shares down more than 10 percent. Babcock, which provides specialist support and services to groups including Britain's defence ministry and governments around the world, also said it would sell two low-margin businesses and make further disposals through the year. The combination of the disposals and marine slowdown prompted Babcock, a FTSE 250 company with a market value of 4.1 billion pounds ($5.4 billion), to say it now expected to see "low single digit" underlying revenue growth for the full year.
The government, which awards 200 billion pounds of public contracts to private companies every year, plans to force those doing critical work for government departments to provide a "living will" agreement that would pass their work to another supplier in an emergency. Cabinet Office Minister David Lidington said earlier on Monday he was also seeking to make it easier for smaller companies, charities and social enterprises to take on large government contracts, and would demand more transparency and social awareness from public service providers. Carillion collapsed in January when its banks halted their funding, leading to the loss of thousands of jobs and a political row over Britain's outsourcing of public services to private companies.
Capita, which raised 701 million pounds ($922 million) from investors in May after a series of profit warnings, said the sale of Supplier Assessment Services would help strengthen the company. "This transaction marks a further step in executing the strategy announced in April aimed at simplifying and strengthening the business to deliver future success," Chief Executive Jonathan Lewis said. Analysts also welcomed the contract win, the first major deal awarded by the government since the collapse of Carillion, a construction and outsourcing partner to the government which went out of business in January, rocking the sector.
As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health toRead More...
Babcock International Group plc’s (LSE:BAB) latest earnings announcement in March 2018 signalled that the business experienced a slight tailwind, eventuating to a single-digit earnings growth of 7.86%. Below is aRead More...
Babcock (BAB.L) said a number of major contract wins in Britain and abroad had increased its confidence that the British engineer would deliver steady organic revenue growth in the year ahead, helping to lift its shares on Wednesday. Babcock, which provides specialist support and services to groups including Britain's Defence Ministry, reported a 2.8 percent rise in underlying revenue to 5.4 billion pounds, in line with forecasts and which it described as a record performance. "The biggest factor that is holding us back is the headwinds of the aircraft carrier step down which was significant," Chief Executive Archie Bethel told Reuters.
For long-term investors, assessing earnings trend over time and against industry benchmarks is more beneficial than examining a single earnings announcement at a point in time. Investors may find myRead More...
Over the past 10 years Babcock International Group plc (LSE:BAB) has grown its dividend payouts from £0.09 to £0.28. With a market cap of UK£3.40B, Babcock International Group pays outRead More...
European shares hit their lowest level since August 2017 on Tuesday as a global sell-off in equities deepened and volatility spiked on growing worries over inflation and rising bond yields. All sectoral indexes were trading in negative territory, pushing the pan-European STOXX 600 (.STOXX) index to fall for the seventh straight session, down as much as 3.2 percent, while the euro STOXX volatility (.V2TX) posted its biggest ever daily percentage gain, up 60 percent. The STOXX index recovered some ground through the session and closed down 2.3 percent with confidence in the region's economic recovery partly offsetting concerns about the rising volatility.
British engineer Babcock (BAB.L) trimmed its 2017-18 revenue forecast on Tuesday due to slower demand in the oil, gas and defence sectors, the latest blow to the country's outsourcing industry. Its shares were down 2.2 percent at 0900 GMT, after a 20 percent slide in the past three months and against a near 3 percent fall in Britain's main FTSE 100 share index (.FTSE). Babcock says its focus on large public contracts which provide essential services protect it to a large extent from uncertainty, and mean it is more dependent on maintenance work with current contract-holders than additional new spending.
The FTSE 100 (.FTSE) fell on Wednesday as shares in outsourcer Capita (CPI.L) tanked after a profit warning, further weighing on the monthly performance of the UK's blue-chip index. Earnings updates were the main focus on Wednesday, none more so than Capita's. The mid-cap company's shares tumbled by 47 percent, its biggest one-day loss, after it issued a profit warning, suspended its dividend and announced a rights issue. Peers Babcock (BAB.L) and Serco (SRP.L) fell 2.5 percent and 6.3 percent respectively.
Babcock International Group plc (LSE:BAB) is trading with a trailing P/E of 11.5x, which is lower than the industry average of 19.5x. While BAB might seem like an attractive stockRead More...
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Babcock International Group Plc Here are 5 ETFs with the largest exposure to BAB-GB. Comparing the performance and risk of Babcock International Group Plc with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower ... Read more (Read more...)
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing Babcock International Group Plc with the following peers – Aeroports de Paris SA, Serco Group plc, Cohort plc and Ricardo plc (ADP-FR, SRP-GB, CHRT-GB and RCDO-GB). Dividend Quality Overview Dividend quality trend has not been consistent over the last five years. Dividends were paid during ... Read more (Read more...)