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Greggs PLC (GB:GRG)
LSE:GRG
Greggs plc (GRG) Share Price & Analysis
176 Followers
GRG Stock Chart & Stats
Day’s Range0p - 0p
52-Week Range2,174.58p - 2,836.00p
Previous Close2,810p
Volume8.22K
Average Volume (3M)220.12K
Market Cap
£2.83B
Enterprise Value2.99B
Total Cash (Recent Filing)£195.30M
Total Debt (Recent Filing)£319.60M
Price to Earnings (P/E)20.0
Beta1.20
Next Earnings
Jul 30, 2024EPS EstimateN/A
Last Dividend Ex-Date
Apr 25, 2024Dividend Yield2.13%
Share Statistics
EPS (TTM)1.40
Shares Outstanding102,255,675
10 Day Avg. Volume379,115
30 Day Avg. Volume220,117
Standard Deviation0.11
R-Squared0.19
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)5.61
Price to Sales (P/S)120.47
Price to Cash Flow (P/CF)6.80
P/FCF Ratio14.10
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
3,220.83pPrice Target Upside15.86% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
Greggs plc News
PremiumCompany Announcements
Greggs plc Reports Strong Early 2024 Growth
PremiumCompany Announcements
Greggs Executive Joins Howden Joinery BoardPremiumCompany Announcements
Greggs plc to Reveal Q1 Trading Update
PremiumGlobal Markets
Greggs Shares Rise on Impressive Q4 Update
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe company's recent performance has exceeded expectations with a reported profit before tax that showcases a solid year-on-year growth, underpinned by a robust rise in like-for-like sales and a sizeable special dividend, signaling strong financial health.
Growth StrategyAnalyst recommends the stock as a strong buy due to the company's consistent market share gains, driven by strategic initiatives like store openings, evening and delivery services, and effective pricing strategies, keeping the company on track to double its revenue by FY26.
Innovation And ExpansionThe introduction of new, VAT-exempt iced drinks is anticipated to boost near-term sales volumes and profit margins, aligning with the company's innovative efforts to expand its product offerings and enhance shareholder value.
Bears Say
Margin ChallengesGross margin is 'structurally different' to pre-pandemic levels.
Operating Margin PressureFY24 is likely to see a broadly flat operating margin.
Profitability ConcernGrowth set to be driven by top-line, not margin leverage.
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Options Prices
Currently, No data available
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Ownership Overview
0.64% Insiders
12.42% Mutual Funds
6.95% Other Institutional Investors
79.99% Public Companies and
Individual Investors
GRG FAQ
What was Greggs PLC’s price range in the past 12 months?
Greggs PLC lowest share price was 2174.58p and its highest was 2836.00p in the past 12 months.
What is Greggs PLC’s market cap?
Currently, no data Available
When is Greggs PLC’s upcoming earnings report date?
Greggs PLC’s upcoming earnings report date is Jul 30, 2024 which is in 77 days.
How were Greggs PLC’s earnings last quarter?
Greggs PLC released its earnings results on Mar 05, 2024. The company reported 0.65p earnings per share for the quarter, beating the consensus estimate of N/A by 0.65p.
Is Greggs PLC overvalued?
According to Wall Street analysts Greggs PLC’s price is currently Undervalued.
Does Greggs PLC pay dividends?
Greggs PLC pays a Annually dividend of 46p which represents an annual dividend yield of 2.13%. See more information on Greggs PLC dividends here
What is Greggs PLC’s EPS estimate?
Greggs PLC’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Greggs PLC have?
Greggs PLC has 102,255,680 shares outstanding.
What happened to Greggs PLC’s price movement after its last earnings report?
Greggs PLC reported an EPS of 0.65p in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 2.135%.
Which hedge fund is a major shareholder of Greggs PLC?
Currently, no hedge funds are holding shares in GB:GRG
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Greggs plc Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
3,220.83p (15.86% Upside)
3,220.83p (15.86% Upside)
Blogger Sentiment
Bullish
GB:GRG Sentiment 100%
Sector Average 66%
Sector Average 66%
Insider Transactions
Sold Shares
Worth £684.7K over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.63%
12-Months-Change
Fundamentals
Return on Equity
29.17%
Trailing 12-Months
Asset Growth
15.94%
Trailing 12-Months
Company Description
Greggs PLC
Greggs PLC is a U.K.-based company that is principally engaged in manufacturing, distributing, and retailing bakery goods, sandwiches, and drinks under the Greggs brand. The company focuses on the food-on-the-go market. It has a vertically integrated supply network, with its own bakeries and delivery network. Its shops are located primarily in retail and industrial parks, motorway service stations, and travel hubs, to meet the demands of busy customers. The company generates all its revenue from the United Kingdom.
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GRG Stock 12 Month Forecast
Average Price Target
3,220.83p
▲(15.86% Upside)
Technical Analysis
Best Analysts Covering GRG
1 Year
1 Year Success Rate
9/10 ratings generated profit
1 Year Average Return
+20.17%
reiterated a buy rating 19 hours ago
Copying Andrew Wade's trades and holding each position for 1 Year would result in 90.00% of your transactions generating a profit, with an average return of +20.17% per trade.
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