Bunzl (BZLFY) Expected to Announce Earnings on Monday

Bunzl (OTCMKTS:BZLFY) is expected to announce its results before the market opens on Monday, March 2nd. Analysts expect the company to announce earnings of $1.34 per share and revenue of $8.1678 billion for the quarter.

Bunzl Trading Up 1.6%

BZLFY stock opened at $14.83 on Friday. The business’s 50-day moving average is $14.19 and its two-hundred day moving average is $15.12. The company has a quick ratio of 0.77, a current ratio of 1.36 and a debt-to-equity ratio of 0.69. Bunzl has a 1 year low of $13.32 and a 1 year high of $21.34.

Analyst Upgrades and Downgrades

BZLFY has been the topic of several analyst reports. BNP Paribas Exane cut shares of Bunzl to a “neutral” rating in a report on Monday, January 5th. Jefferies Financial Group raised shares of Bunzl to a “moderate sell” rating in a research report on Wednesday, December 17th. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

About Bunzl

Bunzl plc is a multinational distribution and outsourcing specialist headquartered in London, United Kingdom. The company focuses on the supply of non-food consumable products to a broad range of end markets, serving as an intermediary between manufacturers and end users. Through its global network, Bunzl leverages its scale and expertise in supply chain management to provide customers with streamlined procurement, inventory management and logistics services.

The company’s product portfolio spans several key categories, including disposable packaging materials, cleaning and hygiene supplies, personal protective equipment, catering disposables and retail point-of-sale items.