B&M European Value Retail (LON:BME) Hits New 1-Year Low – Time to Sell?

B&M European Value Retail S.A. (LON:BME) reached a new 52-week low on Wednesday . The company traded as low as GBX 298.20 ($3.76) and last traded at GBX 299.70 ($3.78), with a volume of 3203198 shares. The stock had previously closed at GBX 299.70 ($3.78).

Wall Street Analyst Weigh In

A number of analysts have recently commented on BME shares. Investec set a 495.00 price objective on B&M European Value Retail and gave the company a “hold” rating in a research report on Wednesday, October 30th. HSBC set a 640.00 price objective on shares of B&M European Value Retail and gave the stock a “buy” rating in a research report on Monday, November 18th. JPMorgan Chase & Co. dropped their target price on shares of B&M European Value Retail from GBX 349 ($4.40) to GBX 320 ($4.04) and set an “underweight” rating on the stock in a research report on Monday, January 13th. Citigroup reduced their price target on shares of B&M European Value Retail from GBX 540 ($6.81) to GBX 510 ($6.43) and set a “buy” rating for the company in a research report on Friday, November 22nd. Finally, Morgan Stanley set a 358.00 price objective on B&M European Value Retail and gave the stock an “underweight” rating in a report on Monday, November 18th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 552.94 ($6.98).

B&M European Value Retail Price Performance

The firm has a market capitalization of £2.98 billion, a PE ratio of 7.09 and a beta of 1.05. The company has a fifty day moving average price of GBX 337.43 and a two-hundred day moving average price of GBX 384.75. The company has a current ratio of 1.06, a quick ratio of 0.38 and a debt-to-equity ratio of 315.77.

B&M European Value Retail Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 14th. Investors of record on Thursday, January 16th were given a GBX 15 ($0.19) dividend. The ex-dividend date was Thursday, January 16th. This represents a yield of 4.75%. This is an increase from B&M European Value Retail’s previous dividend of $5.30. B&M European Value Retail’s dividend payout ratio (DPR) is presently 35.88%.

Insider Buying and Selling at B&M European Value Retail

In related news, insider Oliver Tant purchased 12,500 shares of the business’s stock in a transaction on Friday, December 6th. The shares were bought at an average price of GBX 361 ($4.55) per share, with a total value of £45,125 ($56,925.70). Also, insider Mike Schmidt sold 17,878 shares of B&M European Value Retail stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of GBX 353 ($4.45), for a total value of £63,109.34 ($79,613.14). 4.22% of the stock is currently owned by corporate insiders.

About B&M European Value Retail

B&M European Value Retail SA operates general merchandise and grocery stores. The company operates a chain of stores under the B&M, Heron Foods, and B&M Express in the United Kingdom; and stores under the B&M brand in France. It also provides property management services. The company was founded in 1978 and is based in Munsbach, Luxembourg.