Analysts at Oppenheimer initiated coverage on shares of Global Blue Group (NYSE:GB – Get Free Report) in a report issued on Thursday, Marketbeat Ratings reports. The brokerage set an “outperform” rating and a $6.00 price target on the stock. Oppenheimer’s price objective suggests a potential upside of 8.11% from the stock’s current price.
Global Blue Group Stock Performance
NYSE GB opened at $5.55 on Thursday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 5.92. Global Blue Group has a twelve month low of $4.10 and a twelve month high of $5.94. The stock has a 50-day moving average of $5.23 and a 200 day moving average of $5.05. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of 77.00 and a beta of 0.43.
Global Blue Group (NYSE:GB – Get Free Report) last announced its earnings results on Wednesday, August 28th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.03). Global Blue Group had a return on equity of 48.62% and a net margin of 7.32%. The business had revenue of $126.75 million for the quarter, compared to analyst estimates of $127.42 million. Sell-side analysts anticipate that Global Blue Group will post 0.36 EPS for the current fiscal year.
Institutional Trading of Global Blue Group
Global Blue Group Company Profile
Global Blue Group Holding AG, together with its subsidiaries, provides technology-enabled transaction processing services for merchants, banks, acquirers, governments, and travelers in Europe, the Asia Pacific, and internationally. The company operates in three segments: Tax Free Shopping Technology Solutions (TFSS), Added-Value Payment Solutions (AVPS), and Retail Tech Solutions (RTS).
See Also
- Five stocks we like better than Global Blue Group
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- Texas Roadhouse Stock Steering for New Highs This Year
- How to Invest in Insurance Companies: A GuideĀ
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- How to Invest in Tech StocksĀ and Top Tech Stocks to Consider
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
Receive News & Ratings for Global Blue Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Blue Group and related companies with MarketBeat.com's FREE daily email newsletter.