|Bid||279.00 x 1065500|
|Ask||279.10 x 172600|
|Day's Range||277.30 - 283.06|
|52 Week Range||252.50 - 311.70|
|PE Ratio (TTM)||11.49|
|Forward Dividend & Yield||0.04 (1.25%)|
|1y Target Est||338.75|
The demise of Carillion came after construction companies took on major contracts at thin margins, leaving them nursing losses in the event of delays or problems. "Companies are starting to recover from what effectively was very low pricing in 2013 and 2014," Balfour Beatty Chief Executive Leo Quinn told Reuters. "I wouldn't brand the industry like Carillion," he added.
Two world-class businesses for the price of one? Or a much-needed opportunity to decide where in the world you really want to invest? First, we’ve had GKN selling the financial rationale behind a geographical ...
Annual profits at UK construction company Balfour Beatty almost tripled in 2017, as a turnround programme instituted after several difficult years continued to bear fruit. In the year to the end of December, ...
Balfour Beatty has named David Simonton vice president of operations in Charleston, S.C. and promoted Greg Kendrick to vice president of operations in Charlotte, N.C. The leadership appointments in Balfour Beatty’s Carolinas buildings operations align with the company’s continued commitment to investing in talent to meet the needs of its clients in strategic growth markets.
Balfour Beatty has promoted Ed Prendergast, Jr. to vice president and business unit leader for its buildings operations in central Texas. Having previously served as vice president of business acquisition for Texas operations, Prendergast’s promotion is aligned with Balfour Beatty’s commitment to meeting the expanding needs of its clients in the high-growth central Texas market.
Balfour Beatty has been awarded a $1.95 billion design-build-finance-operate-maintain contract by the Los Angeles World Airports for the construction of the Automated People Mover at Los Angeles International Airport .
The stake was sold to funds managed by Equitix Investment Management Ltd for an expected profit of 22 million pounds, Balfour said. Balfour Beatty has now sold a cumulative 25 percent of its original 40 percent holding in Connect Plus for a total of 207 million pounds. In December, Balfour agreed to sell an additional 7.5 percent stake in Connect Plus to Dalmore Capital, a week after it sold a 12.5 percent stake to the fund management company to reduce debt.
The design and build part of the contract has been awarded to a joint venture of construction groups, in which Balfour and Fluor Corp each have 30 percent stakes, while Flatiron West and Dragados USA each have 20 percent stakes. The contract will include designing and building a 2.25-mile (3.6 km) long, above ground airport transport system to connect LAX central terminal area to a rental car facility, six stations and a vehicle maintenance facility, Balfour said in a statement.
Britain's Balfour Beatty said on Friday its joint venture had won a $1.95 billion contract relating to building, financing and managing an airport transport system at Los Angeles International Airport (LAX) in the United States. The design and build part of the contract has been awarded to a joint venture of construction groups, in which Balfour and Fluor Corp each have 30 percent stakes, while Flatiron West and Dragados USA each have 20 percent stakes. The contract will include designing and building a 2.25-mile (3.6 km) long, above ground airport transport system to connect LAX central terminal area to a rental car facility, six stations and a vehicle maintenance facility, Balfour said in a statement.
Balfour Beatty was selected by Westdale and KDC to build The Epic, a 16-story office tower located in Dallas’ historic Deep Ellum neighborhood. With construction underway, the 290,000-square-foot office tower with 847-car garage, is the first phase of the planned 8-acre, mixed-use development that will combine Class A office, multifamily, retail and a boutique hotel.
Balfour Beatty has announced executive leadership updates, including the promotion of Leon Blondin to chief executive officer of U.S. buildings operations and the promotion of John Rempe, PE, to president and chief executive officer of U.S.
Stocks with market capitalization between $2B and $10B, such as Balfour Beatty plc (LSE:BBY) with a size of UK£1.83B, do not attract as much attention from the investing community asRead More...
The collapse of British construction and outsourcing giant Carillion was swinging focus on shares of rival companies as ripple effects from the failure started to emerge on Monday.
Four industry organizations have recognized Balfour Beatty for outstanding leadership and contributions that promote diversity and the advancement of women in the industry. Balfour Beatty is committed to investing the time, talent and resources to make lasting and sustained differences in local industry and community organizations.
Balfour Beatty plc (LSE:BBY) trades with a trailing P/E of 96.2x, which is higher than the industry average of 19.8x. While BBY might seem like a stock to avoid orRead More...
The profit on the sale to fund management company Dalmore Capital is expected to be 32 million pounds with the proceeds to be used to pay down debt, the company said. Last week Balfour agreed to sell a 12.5 percent stake in Connect to Dalmore for 103 million pounds with a view to reducing its debt. As a result of that sale Balfour had nudged up its expectations for its pretax profit in 2017 and its year-end net cash position.
Balfour Beatty has been awarded a $1.08 billion design-build contract by the Massachusetts Bay Transportation Authority for the Green Line Extension project serving Greater Boston.
Balfour Beatty PLC reached an agreement with Dalmore Capital to sell a 12.5% stake in Connect Plus, which operates the M25 motorway around London, for £103 million ($137.9 million).
The sale of the stake to British infrastructure-focused fund management company Dalmore Capital Limited was subject to Highways England consent and was expected to be completed before the end of the year, Balfour said on Thursday. Balfour's positive outlook contrasts with its closest peer Carillion (CLLN.L) -- which is fighting for its survival after costly contract delays and a downturn in new business. London-headquartered Balfour said the board had nudged up its expectations for 2017 pretax profit and year-end net cash as a result of windfall from the disposal, upgrading forecasts in a Dec. 12 trading update.
The Conference of Minority Transportation Officials’ Southern California Regional Chapter has honored Balfour Beatty with its Member of the Year award. A national advocacy organization, COMTO’s mission is to ensure opportunities and maximum participation for minority professionals and businesses in the transportation industry.
Dec 12 (Reuters) - Britain's FTSE 100 index is seen opening up 13 points, on Tuesday, according to financial bookmakers. * SKY: Comcast Corp dropped its bid for most of the assets of Twenty-First Century ...
Categories: Europe Stock Alerts Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Balfour Beatty Plc. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average Bearish ... Read more (Read more...)
Categories: Europe Stock Alerts Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Balfour Beatty Plc. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average Bearish ... Read more (Read more...)
Balfour Beatty has been selected by the Texas Facilities Commission as the construction manager-agent for the first phase of the $581 million State of Texas Capitol Complex Master Plan.