Tritax Big Box REIT (LON:BBOX) Releases Quarterly Earnings Results

Tritax Big Box REIT (LON:BBOX) issued its quarterly earnings data on Friday. The company reported GBX 8.05 ($0.10) EPS for the quarter, Digital Look Earnings reports. Tritax Big Box REIT had a return on equity of 4.04% and a net margin of 60.46%.

Tritax Big Box REIT Price Performance

LON:BBOX opened at GBX 147.30 ($1.85) on Friday. The company has a current ratio of 0.54, a quick ratio of 0.42 and a debt-to-equity ratio of 43.99. The company has a market capitalization of £3.65 billion, a P/E ratio of 19.26, a P/E/G ratio of 2.05 and a beta of 0.89. Tritax Big Box REIT has a 12 month low of GBX 125.20 ($1.57) and a 12 month high of GBX 168.90 ($2.12). The business’s 50-day moving average is GBX 140.03 and its 200 day moving average is GBX 146.66.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “buy” rating on shares of Tritax Big Box REIT in a report on Tuesday, January 21st. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 191.75 ($2.41).

About Tritax Big Box REIT

Tritax Big Box REIT plc (ticker: BBOX) is the largest listed investor in high-quality logistics warehouse assets and controls the largest logistics-focused land platform in the UK. BBOX is committed to delivering attractive and sustainable returns for Shareholders by investing in and actively managing existing built investments and land suitable for logistics development.