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Chemring (GB:CHG)
LSE:CHG
Chemring (CHG) Share Price & Analysis
22 Followers
CHG Stock Chart & Stats
Day’s Range0p - 0p
52-Week Range248.74p - 412.14p
Previous Close396p
Volume71.16K
Average Volume (3M)765.36K
Market Cap
£1.07B
Enterprise Value1.09B
Total Cash (Recent Filing)£6.40M
Total Debt (Recent Filing)£20.70M
Price to Earnings (P/E)206.3
Beta0.64
Next Earnings
Jun 04, 2024EPS Estimate
£0.1Last Dividend Ex-Date
Mar 21, 2024Dividend Yield1.75%
Share Statistics
EPS (TTM)0.02
Shares Outstanding276,480,410
10 Day Avg. Volume838,018
30 Day Avg. Volume765,357
Standard Deviation0.08
R-Squared0.08
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)172.58
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
408.25pPrice Target Upside3.75% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
Chemring News
PremiumCompany Announcements
Chemring Announces Share Capital and Voting Rights
PremiumCompany Announcements
Chemring Completes Share Buyback, Cancels SharesPremiumCompany Announcements
Chemring Completes Share Buyback and Cancellation
PremiumCompany Announcements
Chemring Executes Share Buyback and Cancellation
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe company's order book shows a robust increase, which supports the analyst's recommendation to buy, reflecting growing demand for Chemring's products and services.
Financial SupportChemring receives significant financial backing through grants amounting to close to £100m, significantly reducing expansionary capital expenditures for its Nobel facility in Norway, highlighting strong governmental support.
Strategic PositionChemring's strategic significance is emphasized with the reinforcement of its role as a NATO supplier, backed by grants from the European Commission and the Norwegian government.
Bears Say
Financial AssistanceThe grants only cover around 70% of capital expenditures, falling short of the full coverage that was previously anticipated.
LeverageThe company's leverage is projected to be higher than expected, reducing to only 0.6 times in the future fiscal year.
Operational DelaysUnfavorable weather conditions have pushed a significant portion of profits into the second half of the future fiscal year, causing some product deliveries to be delayed.
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Options Prices
Currently, No data available
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Ownership Overview
1.14% Insiders
8.76% Mutual Funds
7.00% Other Institutional Investors
83.09% Public Companies and
Individual Investors
CHG FAQ
What was Chemring’s price range in the past 12 months?
Chemring lowest share price was 248.74p and its highest was 412.14p in the past 12 months.
What is Chemring’s market cap?
Currently, no data Available
When is Chemring’s upcoming earnings report date?
Chemring’s upcoming earnings report date is Jun 04, 2024 which is in 10 days.
How were Chemring’s earnings last quarter?
Chemring released its earnings results on Dec 12, 2023. The company reported 0.119p earnings per share for the quarter, the consensus estimate of 0.119p by 0p.
Is Chemring overvalued?
According to Wall Street analysts Chemring’s price is currently Undervalued.
Does Chemring pay dividends?
Chemring pays a Annually dividend of 4.6p which represents an annual dividend yield of 1.75%. See more information on Chemring dividends here
What is Chemring’s EPS estimate?
Chemring’s EPS estimate is £0.1.
How many shares outstanding does Chemring have?
Chemring has 272,366,180 shares outstanding.
What happened to Chemring’s price movement after its last earnings report?
Chemring reported an EPS of 0.119p in its last earnings report, expectations of 0.119p. Following the earnings report the stock price went down -0.461%.
Which hedge fund is a major shareholder of Chemring?
Currently, no hedge funds are holding shares in GB:CHG
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Chemring Stock Smart Score
Outperform
1
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8
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10
Analyst Consensus
Moderate Buy
Average Price Target:
408.25p (3.75% Upside)
408.25p (3.75% Upside)
Insider Transactions
Sold Shares
Worth £902.7K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
51.70%
12-Months-Change
Fundamentals
Return on Equity
9.47%
Trailing 12-Months
Asset Growth
-3.82%
Trailing 12-Months
Company Description
Chemring
Chemring Group PLC is a defence technology company engaged in the development and manufacture of Countermeasures, Sensors, and Energetic Systems for the aerospace, defence and security markets. Its segments are Countermeasures, Sensors and Energetic Systems. The group has a product range including conventional flares, flares, special material decoys, chaff and naval countermeasures. The group is also a contract research and development supplier, trusted by government and industrial partners to solve technically challenging problems. The company has four business units in North America supplying mainly to the US Department of Defense and its prime contractors seven businesses in Europe, supplying NATO and non-NATO customers and one business in Asia Pacific.
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CHG Stock 12 Month Forecast
Average Price Target
408.25p
▲(3.75% Upside)
Technical Analysis
Best Analysts Covering CHG
1 Year
1 Year Success Rate
11/11 ratings generated profit
1 Year Average Return
+30.02%
assigned a buy rating 2 months ago
Copying David Farrell's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +30.02% per trade.
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