Bouygues SA to Post FY2023 Earnings of $3.36 Per Share, Jefferies Financial Group Forecasts (OTCMKTS:BOUYF)

Bouygues SA (OTCMKTS:BOUYFGet Rating) – Equities research analysts at Jefferies Financial Group decreased their FY2023 EPS estimates for shares of Bouygues in a research note issued on Wednesday, April 13th. Jefferies Financial Group analyst J. Dellis now expects that the company will earn $3.36 per share for the year, down from their previous estimate of $3.72. Jefferies Financial Group also issued estimates for Bouygues’ FY2024 earnings at $3.80 EPS and FY2025 earnings at $4.16 EPS.

BOUYF has been the topic of several other research reports. Morgan Stanley lowered Bouygues from an “overweight” rating to an “equal weight” rating in a research note on Monday, March 28th. JPMorgan Chase & Co. lifted their target price on Bouygues from €47.00 ($51.09) to €48.00 ($52.17) in a research note on Friday, February 25th. Zacks Investment Research lowered Bouygues from a “hold” rating to a “sell” rating in a research note on Thursday. Finally, Barclays cut their target price on Bouygues from €36.00 ($39.13) to €35.00 ($38.04) in a research note on Friday, April 8th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $42.24.

Shares of Bouygues stock opened at $35.01 on Thursday. The firm has a market cap of $66.50 billion, a P/E ratio of 10.06 and a beta of 1.18. The company has a current ratio of 1.04, a quick ratio of 0.91 and a debt-to-equity ratio of 0.45. Bouygues has a 12 month low of $32.01 and a 12 month high of $43.07. The stock’s fifty day moving average price is $35.26 and its 200-day moving average price is $36.44.

Bouygues (OTCMKTS:BOUYFGet Rating) last announced its quarterly earnings results on Thursday, February 24th. The company reported $0.96 EPS for the quarter. The firm had revenue of $11.52 billion for the quarter, compared to analyst estimates of $11.06 billion. Bouygues had a return on equity of 9.15% and a net margin of 2.98%.

Bouygues Company Profile (Get Rating)

Bouygues SA, together with its subsidiaries, operates in the construction, telecom, and media sectors in France and internationally. The company designs, builds, renovates, operates, and deconstructs building, infrastructure, and industrial projects; develops urban planning, residential, and commercial projects; constructs and maintains roads and motorways, airport runways, ports, industrial logistics and commercial hubs, urban roads and amenities, external works, reserved-lane public transport facilities, leisure facilities, and environmental amenities, as well as undertakes civil engineering activities; produces and recycles construction materials; and distributes bitumen.

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Earnings History and Estimates for Bouygues (OTCMKTS:BOUYF)

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