Shares of BBX Capital Corp (NYSE:BBX) have earned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.
Brokerages have set a 12 month consensus price target of $11.25 for the company and are predicting that the company will post $0.06 EPS for the current quarter, according to Zacks. Zacks has also assigned BBX Capital an industry rank of 198 out of 256 based on the ratings given to related companies.
Separately, Zacks Investment Research upgraded shares of BBX Capital from a “sell” rating to a “hold” rating in a research note on Thursday, August 15th.
NYSE:BBX traded up $0.03 during trading hours on Wednesday, hitting $4.21. 145,000 shares of the company were exchanged, compared to its average volume of 216,648. BBX Capital has a 52-week low of $3.75 and a 52-week high of $7.60. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 0.43. The company’s 50 day moving average price is $4.31 and its 200-day moving average price is $5.22.
BBX Capital (NYSE:BBX) last released its earnings results on Wednesday, August 7th. The financial services provider reported ($0.12) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.14). The company had revenue of $251.33 million for the quarter, compared to analysts’ expectations of $246.02 million. BBX Capital had a return on equity of 1.83% and a net margin of 0.76%. Analysts anticipate that BBX Capital will post -0.04 EPS for the current year.
BBX Capital Company Profile
BBX Capital Corporation, formerly known as BFC Financial Corporation, is a private equity and venture capital firm specializing in investments and acquisitions of middle market companies. The firm also invests in mergers and acquisition, add-on acquisitions, divestiture, taking public companies private and private companies public, leveraged buyout, partnership, recapitalization, and restructuring.
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