Balfour Beatty (BBY)

Sector:

Construction and Building Materials

Index:

FTSE 250

227.20p
   
  • Change Today:
      4.40p
  • 52 Week High: 293.40
  • 52 Week Low: 189.60
  • Currency: UK Pounds
  • Shares Issued: 690.00m
  • Volume: 362,116
  • Market Cap: £1,567.68m
  • RiskGrade: 154

FTSE 250 movers: SIG slides, Clarkson climbs

By Duncan Ferris

Date: Monday 07 Oct 2019

LONDON (ShareCast) - (Sharecast News) - London's FTSE 250 was down 0.23% at 19,436.03 in afternoon trade on Monday, with SIG leading the index lower.
The building materials supplier tumbled after it warned on profits, citing deteriorating markets caused by Brexit worries and a weaker German economy as it said it now anticipated "significantly lower" full-year underlying profits in both its specialist distribution and roofing merchanting businesses.

SIG also announced the sale of its air handling division and building solutions business for a combined £235.8m, with most of the net cash proceeds set to be used to cut debt and reduce leverage.

Russ Mould, investment director at AJ Bell, said: "SIG has issued numerous profit warnings in the past few years as the UK construction market goes through a very difficult patch. Right-sizing its business now could be a sensible thing to do, particularly as it is managing to sell assets on decent valuation multiples."

Shares of Polypipe, Howden Joinery, Grafton, Travis Perkins and Balfour Beatty were all lower following the news.

Up at the other end of the index, shipping services provider Clarkson led the risers and Sabre Insurance edged higher as analysts at Canaccord reiterated their 'buy' rating of the stock.

Analysts argued that the latter was the "least exposed" insurer to potential pricing restrictions that the Financial Conduct Authority said it is considering in its delayed interim report.

Market Movers

FTSE 250 (MCX) 19,436.03 -0.23%


FTSE 250 - Risers

Clarkson (CKN) 2,547.75p 5.50%
Restaurant Group (RTN) 133.02p 3.19%
Hunting (HTG) 433.40p 2.22%
Genus (GNS) 2,953.21p 1.83%
Airtel Africa (AAF) 51.06p 1.81%
Telecom Plus (TEP) 1,240.00p 1.81%
Wizz Air Holdings (WIZZ) 3,587.00p 1.76%
VinaCapital Vietnam Opportunity Fund Ltd. (VOF) 340.86p 1.75%
Premier Oil (PMO) 75.63p 1.71%
Sabre Insurance Group (SBRE) 288.00p 1.59%

FTSE 250 - Fallers

SIG (SHI) 100.00p -16.32%
Polypipe Group (PLP) 394.40p -3.76%
Grafton Group Units (GFTU) 711.75p -3.69%
Howden Joinery Group (HWDN) 537.80p -3.10%
TI Fluid Systems (TIFS) 181.00p -2.69%
Micro Focus International (MCRO) 1,036.40p -2.50%
B&M European Value Retail S.A. (DI) (BME) 357.70p -2.48%
Travis Perkins (TPK) 1,224.00p -2.16%
Balfour Beatty (BBY) 211.80p -2.13%
Electrocomponents (ECM) 594.00p -2.11%

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Balfour Beatty Market Data

Currency UK Pounds
Share Price 227.20p
Change Today 4.40p
% Change 1.97 %
52 Week High 293.40
52 Week Low 189.60
Volume 362,116
Shares Issued 690.00m
Market Cap £1,567.68m
RiskGrade 154

Balfour Beatty Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
8.02% above the market average8.02% above the market average8.02% above the market average8.02% above the market average8.02% above the market average
10.53% below the sector average10.53% below the sector average10.53% below the sector average10.53% below the sector average10.53% below the sector average
Price Trend
1.31% below the market average1.31% below the market average1.31% below the market average1.31% below the market average1.31% below the market average
2.56% above the sector average2.56% above the sector average2.56% above the sector average2.56% above the sector average2.56% above the sector average
Income
38.89% below the market average38.89% below the market average38.89% below the market average38.89% below the market average38.89% below the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Growth
22.98% above the market average22.98% above the market average22.98% above the market average22.98% above the market average22.98% above the market average
12.82% below the sector average12.82% below the sector average12.82% below the sector average12.82% below the sector average12.82% below the sector average

What The Brokers Say

Strong Buy 5
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 6
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Balfour Beatty Dividends

  Latest Previous
  Interim Final
Ex-Div 24-Oct-19 16-May-19
Paid 06-Dec-19 05-Jul-19
Amount 2.10p 3.20p

Trades for 28-Sep-2020

Time Volume / Share Price
12:40 182 @ 227.20p
12:38 682 @ 227.00p
12:34 321 @ 227.00p
12:34 716 @ 227.00p
12:34 73 @ 226.80p

Balfour Beatty Key Personnel

CEO Leo Quinn
CFO Philip Harrison

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