Share Name Share Symbol Market Type Share ISIN Share Description
Balfour Beatty Plc LSE:BBY London Ordinary Share GB0000961622 ORD 50P
  Price Change % Change Share Price Shares Traded Last Trade
  2.40 0.94% 256.60 941,617 16:35:26
Bid Price Offer Price High Price Low Price Open Price
257.20 257.40 260.20 248.80 248.80
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 8,263.00 87.00 21.30 12.0 1,621
Last Trade Time Trade Type Trade Size Trade Price Currency
17:56:12 O 47,749 257.799 GBX

Balfour Beatty (BBY) Latest News (2)

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Balfour Beatty Investors    Balfour Beatty Takeover Rumours

Balfour Beatty (BBY) Discussions and Chat

Balfour Beatty Forums and Chat

Date Time Title Posts
16/4/202212:29Balfour Beatty with Charts2,764
28/2/201915:14Any opinions on BBY, a buy?43
15/10/201415:36TipTV: Balfour Beatty: Higher Gap?-
04/9/201412:51balfour beatty686
31/7/201416:57Zak Mir goes over the BBY chart on TipTv1

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Balfour Beatty (BBY) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2022-07-01 16:21:24257.2713,28934,188.21O
2022-07-01 16:20:28257.6821,71655,958.66O
2022-07-01 16:15:36256.6119,89551,053.16O
2022-07-01 16:07:16257.633,0007,729.02O
2022-07-01 15:35:26256.607,52319,304.02AT
View all Balfour Beatty trades in real-time

Balfour Beatty (BBY) Top Chat Posts

Balfour Beatty Daily Update: Balfour Beatty Plc is listed in the Construction & Materials sector of the London Stock Exchange with ticker BBY. The last closing price for Balfour Beatty was 254.20p.
Balfour Beatty Plc has a 4 week average price of 244p and a 12 week average price of 232.60p.
The 1 year high share price is 322.20p while the 1 year low share price is currently 207.80p.
There are currently 631,759,860 shares in issue and the average daily traded volume is 896,944 shares. The market capitalisation of Balfour Beatty Plc is £1,621,095,800.76.
essentialinvestor: BBY looks in better shape than for many years, as their asset book is worth comfortably over £1 bn with the support services business on top of that, their construction operation is valued at a very modest amount given the current market cap. BBY may be worth watching.
buywell3: The problem with a lot of construction companies is that they can take considerable time to complete During this time material costs can rise unexpectedly and supply chain issues can add to problems and cause further delays Clients can ask for different contract quotations at the time of tendering -- for example a fixed price contract or a cost plus uplift contract Clients that saw the current troubles coming would imo have chosen fixed price contracts and would have scrutinized and dictated any allowed small print clauses dyor The picture tells the story free stock charts from
essentialinvestor: "..The risk profile continues to decrease at UK Construction, where at year end only 14% of the order book is from fixed price contracts (2020: 20%; HY 2018: 50%)..." That looks the key. Which may also indicate some competitors taking a bath on fixed priced worked they declined.
essentialinvestor: Anyone have an insight in to how they are managing to preserve margin with labour and material and wider cost inflation hitting double digits for this industry?.
dekle: The £50m fine should have already been in the current share price
scotches: hTTps:// Balfour Beatty ‘unusually cheap’ despite fraud woes Balfour Beatty (BBY) has reached an agreement with the US Department of Justice (DoJ) after pleading guilty to fraud committed against the US military, and Liberum says the payout is more than expected. Analyst Joe Brent retained his buy recommendation and target price of 360p on the stock, which closed up 0.9%, or 2.4p, at 274p on Wednesday. The construction firm will pay £49m to the DoJ after it fraudulently claimed it had completed repairs to military housing in order to gain bonus payments. ‘Closure on the issue is welcomed, despite the consideration payable being more than we might have anticipated,’ said Brent. ‘We leave our 2021 average net cash estimate of £650m unchanged but reduce our [2022 financial year] estimate from £620m to £580m assuming that the fine will be paid in January 2022.’ In spite of the problems at Balfour Beatty, Brent said the current year 2022 price/earnings ratio of 10.2x was ‘unusually cheap given the public-private partnership portfolio and low real yields’.
imastu pidgitaswell: Found guilty of fraud - and up goes the share price... 😳 It's all about you how spin it - see the RNS. Whereas The Times went with: hTTps:// Balfour Beatty has pleaded guilty to defrauding the US military after a two-and-half year investigation by special agents of the armed forces and the FBI and has been told to return fraudulently claimed payments and pay penalties totalling nearly £50 million. The FBI and one of America’s top federal prosecutors said the company had been greedy and that fraud and lying in a division of Balfour Beatty was widespread. They accused the subsidiary of having a “broken corporate culture” and of putting its own profits ahead of the welfare of members of the US armed services and their families. Balfour, Britain’s largest construction company, has substantial interests in the United States that account for more than half the group’s annual revenues of £7.3 billion. These include, for much of the past decade, being the landlord of and providing property maintenance services to 55 military housing complexes around the US for tens of thousands of army, navy and airforce personnel and their families. It includes Fort Gordon in Georgia, the US centre of cybersecurity, and Fort Bliss in Texas, the US Army’s largest camp. For the past two-and-half years, however, the company has been under investigation by federal special agents over the misappropriation of money linked to those contracts. Balfour Beatty finally admitted on Wednesday that its people had been on the fiddle and that the company had banked performance payments that it should not have claimed. It has pleaded guilty in a Washington DC criminal court to one count of fraud, has agreed to pay back $31.8 million in restitution and has further agreed to pay $33.6 million in penalties. The US Department of Justice said the company’s division, Balfour Beatty Communities, based in Pennsylvania, was now on a three-year “probation”. It said that the company had also agreed to the appointment of an independent compliance monitor for the next three years, a similar arrangement to that applied to Serco and G4S in the UK when they were found to have fiddled the British taxpayer. Lisa Monaco, the US deputy attorney-general, said: “Instead of promptly repairing housing for US service members as required, Balfour Beatty Communities lied about the repairs to pocket millions of dollars in performance bonuses. This pervasive fraud was a consequence of Balfour Beatty Communities’ broken corporate culture, which valued profit over the welfare of service members.” Paul Abbate, deputy director of the FBI, said: “In defrauding our country’s military services, [the Balfour Beatty division] took advantage of their unique position as a military housing provider and put greed and personal profit above our service members.” The investigations found that Balfour Beatty managers had falsified documentation claiming that work had been completed in order to trigger incentive payments. In a statement Balfour Beatty confessed to “misconduct” by its personnel and said that the wrongdoing that took place was “completely contrary to the way the company expects its people to behave”. It is understood that two executives at the centre of the fraud and investigated by US agents have since been sacked by Balfour Beatty. A review of its US business has also prompted Balfour Beatty to now appoint a chief compliance officer and has sent workers on ethics training courses. Shares in Balfour Beatty rose 3 per cent, or 7½p, to 263p.
sphere25: Fallen a long way but has it fallen too far? Statement doesn't look as bad as the price fall suggests. The price is trying to break the downtrend with a move higher. It is sat bang on the 50 day moving average. The market isn't falling over itself to buy early here though, but maybe one to keep an eye on if someone does decide to buy heavy. All imo DYOR
dickbush: Very rare to see a buy back these day that enhances the NAV. It's supposed to increase the share price because a. It decreases the outstanding/supply of its shares b. It increases eps because cash is earning very little. These days, nothing. Just be glad we don't own shares in a company that is borrowing to boost its share price and make the company executives rich while destabilising its viability e.g many companies in the US just before the outbreak of covid-19.
dekle: Looks like the buy back has had a negative effect on the share price. Never in favour of a buy back unless it enhances the net asset value. I doubt if it does that in this case unless I'm wrong. On the other hand if they managed to sell the treasury shares for a profit without depressing the share price I could see a benefit in a share buy back. Please offer an opinion, thank you, Dekle
Balfour Beatty share price data is direct from the London Stock Exchange
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