British American Tobacco (LON:BATS) Issues Quarterly Earnings Results

British American Tobacco (LON:BATS) posted its earnings results on Thursday. The company reported GBX 364.30 ($4.53) EPS for the quarter, Digital Look Earnings reports. British American Tobacco had a negative net margin of 52.84% and a negative return on equity of 21.50%.

British American Tobacco Stock Performance

Shares of BATS stock traded down GBX 292 ($3.63) on Thursday, hitting GBX 3,102 ($38.61). 42,787,508 shares of the stock were exchanged, compared to its average volume of 30,815,102. British American Tobacco has a one year low of GBX 2,228.78 ($27.74) and a one year high of GBX 3,416 ($42.52). The firm’s 50 day moving average is GBX 3,020.61 and its two-hundred day moving average is GBX 2,866.23. The firm has a market capitalization of £68.55 billion, a PE ratio of -498.71, a P/E/G ratio of 3.12 and a beta of 0.27. The company has a current ratio of 0.88, a quick ratio of 0.47 and a debt-to-equity ratio of 74.14.

British American Tobacco Increases Dividend

The company also recently declared a dividend, which was paid on Monday, February 3rd. Stockholders of record on Thursday, December 19th were given a dividend of GBX 58.88 ($0.73) per share. This represents a dividend yield of 2.54%. The ex-dividend date was Thursday, December 19th. This is a boost from British American Tobacco’s previous dividend of $57.72. British American Tobacco’s dividend payout ratio is currently -3,794.21%.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 2,800 ($34.85) price objective on shares of British American Tobacco in a research report on Thursday, December 12th.

About British American Tobacco

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.