British American Tobacco (LON:BATS) Releases Earnings Results

British American Tobacco (LON:BATS) posted its quarterly earnings results on Thursday. The company reported GBX 364.30 ($4.58) earnings per share (EPS) for the quarter, Digital Look Earnings reports. British American Tobacco had a negative return on equity of 25.94% and a negative net margin of 52.84%.

British American Tobacco Price Performance

Shares of BATS opened at GBX 3,078 ($38.68) on Friday. British American Tobacco has a 12-month low of GBX 2,228.78 ($28.01) and a 12-month high of GBX 3,416 ($42.93). The business’s fifty day moving average is GBX 3,023.89 and its 200 day moving average is GBX 2,869.91. The company has a quick ratio of 0.47, a current ratio of 0.88 and a debt-to-equity ratio of 74.63. The stock has a market cap of £67.72 billion, a P/E ratio of -4.97, a P/E/G ratio of 3.12 and a beta of 0.27.

British American Tobacco Increases Dividend

The company also recently announced a dividend, which was paid on Monday, February 3rd. Investors of record on Thursday, December 19th were issued a GBX 58.88 ($0.74) dividend. This is a boost from British American Tobacco’s previous dividend of $57.72. This represents a dividend yield of 2.54%. The ex-dividend date of this dividend was Thursday, December 19th. British American Tobacco’s dividend payout ratio (DPR) is currently -38.08%.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 2,800 ($35.19) price target on shares of British American Tobacco in a report on Thursday, December 12th.

British American Tobacco Company Profile

BAT was founded in 1902 and was first listed on the London Stock Exchange in 1912. A constituent of the FTSE 100 since its creation in 1984, we have evolved, becoming the only truly global company in our sector.

BAT is transforming and is well positioned with a global footprint and multi-category portfolio.