PensionBee Group (LON:PBEE) Announces Quarterly Earnings Results

PensionBee Group (LON:PBEE) posted its earnings results on Thursday. The company reported GBX (1.20) earnings per share for the quarter, Digital Look Earnings reports. PensionBee Group had a negative net margin of 12.33% and a negative return on equity of 13.61%.

PensionBee Group Price Performance

Shares of PBEE opened at GBX 147.52 on Friday. The company has a debt-to-equity ratio of 0.66, a current ratio of 5.13 and a quick ratio of 7.03. PensionBee Group has a 1 year low of GBX 131 and a 1 year high of GBX 175. The company has a market capitalization of £350.96 million, a price-to-earnings ratio of -78.47, a price-to-earnings-growth ratio of -0.09 and a beta of 0.37. The business has a 50-day moving average of GBX 159.99 and a 200-day moving average of GBX 158.69.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on PBEE shares. Berenberg Bank reaffirmed a “buy” rating and set a GBX 210 target price on shares of PensionBee Group in a report on Thursday. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 217 target price on shares of PensionBee Group in a report on Thursday. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 199.

PensionBee Group Company Profile

PensionBee is creating a global leader in the consumer retirement market with approximately £7 billion in assets on behalf of c.300,000 customers.

Founded in 2014, we aspire to make as many people as possible pension confident so that everyone can enjoy a happy retirement. We help our customers to combine their retirement savings into a new online account, which they can manage from the palm of their hand.

PensionBee accounts are invested by the world’s largest investment managers, collectively looking after more than $10 trillion in savings between them.