BRBY.L - Burberry Group plc
| Previous close | 2,060.00 |
| Open | 2,058.00 |
| Bid | 2,118.00 x 0 |
| Ask | 2,121.00 x 0 |
| Day's range | 2,051.00 - 2,135.00 |
| 52-week range | 1,618.50 - 2,362.00 |
| Volume | 1569219 |
| Avg. volume | 1,630,371 |
| Market cap | 8.7B |
| Beta (5Y Monthly) | 0.57 |
| PE ratio (TTM) | 24.48 |
| EPS (TTM) | 86.60 |
| Earnings date | 14 Nov 2019 |
| Forward dividend & yield | 0.43 (2.08%) |
| Ex-dividend date | 2019-12-19 |
| 1y target est | 1,915.22 |
- Simply Wall St.
Calculating The Fair Value Of Burberry Group plc (LON:BRBY)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Burberry Group plc...
- Reuters - UK Focus
UPDATE 2-FTSE 100 enjoys best day since July
Banks and miners propelled London's FTSE 100 to its best day in more than four months on Friday as optimism around the Sino-U.S. trade talks rose, but recent mixed signals on prospects of a deal still led the index to its worst week in two months. The more domestically-focussed FTSE 250 rose 1.1% and bagged its sixth straight week of gains. U.S. President Donald Trump's comments that the trade talks were "moving right along" and China's decision to waive imports tariffs for some soybeans and pork from the United States lifted sentiment as a torrid week drew to a close.
- Reuters - UK Focus
LIVE MARKETS-How to trade the trade?
- Yahoo Finance UK
Moncler shares jump as Gucci-owner eyes takeover
Analysts said a takeover by Kering would make sense and could be embraced by shareholders of both businesses.
- Bloomberg
How Much Is a Moncler Puffer Jacket Worth?
(Bloomberg Opinion) -- Moncler SpA’s hotline just blinged. The brand, sported by Drake in his video for the popular song of that name, is being courted by Kering SA, according to Bloomberg News.Moncler has been a fashion-hit maker itself. If Francois-Henri Pinault’s Kering wants to get its hands on it, the Gucci owner will have to pay a price as rich as that commanded by one of its $1,000-plus down jackets.The Italian brand, with a market capitalization of 11 billion euros ($12.2 billion), would bring a sizable name that’s still capable of growth to Kering, valued at 69 billion euros. It would also usefully reduce the French group’s reliance on Gucci, which now accounts for more than 60% of group sales and 80% of operating profit.Moncler has scope to add further stores, particularly flagship locations, in China. While it has successfully expanded its range of products from its core down jackets into knitwear, there is an opportunity in bags and accessories. Kering’s expertise would bolster these ambitions. Digital marketing skills and the French company’s focus on sustainability could be useful too, as younger luxury buyers’ concerns about natural resources, such as down and fur, shape their buying habits.But Moncler won’t come cheap. Assuming a 25% premium over Wednesday’s closing price, a takeover would cost about 12 billion euros, adjusting for estimated net cash of 550 million euros. That equates to about 20.5 times this year’s likely Ebitda, exceeding the multiple that Kering’s French arch-rival LVMH has offered for the iconic diamond and jewelry brand Tiffany & Co.With Moncler forecast to make about 750 million euros of operating profit in 2023, the returns from a deal would be a mere 5% after tax, unless Kering could turbocharge the business. Given that the target is already well run under Remo Ruffini, its chief executive officer and biggest shareholder, that looks like a tall order. Moncler's operating margin is already strong at about 30%.This wouldn’t be a case of taking a tired brand and rejuvenating it. So the pressure would be on Kering to engineer ways of achieving higher sales in order to earn returns at closer to the 7%-8% level that would make a deal easier to justify.The French house can afford Moncler. Assuming an all-cash deal, net debt would increase from 0.4 times Ebitda to 2.4 times. That’s manageable. Kering also has a 16% stake in sportswear maker Puma SE, worth about 1.6 billion euros, to play with. But a deal would wrap up much of Kering’s acquisition firepower up in a puffer jacket, leaving little room to expand into other areas, such as jewelry.There is better value to be found elsewhere, for example in Britain’s Burberry Group Plc, whose recovery plan has yet to pay off. Kering could also bring the skills it used to reinvigorate the Gucci brand to Prada SpA or Salvatore Ferragamo SpA. While this could mean more upfront investment, there is a much bigger turnaround potential.Although Burberry has no controlling family, Prada and Ferragamo do. So far, they have shown no indications of wanting to sell. A reshuffle of Moncler’s ownership recently reduced Ruffini’s stake to 22.5%Even so, Moncler’s down jackets are best known for keeping out the cold. The company has plenty to help it repel a predator, or more likely, make them pay a bulky price.\--With assistance from Chris Hughes.To contact the author of this story: Andrea Felsted at afelsted@bloomberg.netTo contact the editor responsible for this story: Melissa Pozsgay at mpozsgay@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
- Reuters - UK Focus
UPDATE 2-FTSE trails Europe as exporters dip, Glencore tumbles
London's FTSE 100 slid on Thursday due to a 9% plunge in Glencore after news of a bribery investigation and as dollar earners fell with sterling gaining on growing hopes that the upcoming election will not result in a hung parliament. The blue-chip FTSE 100 index ended 0.7% lower, lagging its peers in Europe and on Wall Street. The more domestically focused mid-cap index, the FTSE 250 , added 0.2%, led higher by a near 20% surge in home furnishings retailer Dunelm after it raised profit expectations.
- Fool.co.uk
£3k to invest? I’d buy and hold this FTSE 100 dividend stock forever
With its world-leading brand and track record of creating value for shareholders, this FTSE 100 stock is a great buy-and-forget candidate.
- Reuters - UK Focus
LIVE MARKETS-Opening snapshot: Luxury stocks steal the stage
Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Joice Alves. Luxury stocks are taking the stage in Europe after reports the owner of Gucci and Balenciaga Kering is in talks to acquire Italy's Moncler. Shares in Moncler jumped over 11% and hit record high after the report of Kering's interest.
- Reuters - UK Focus
REFILE-UPDATE 3-Moncler plays down possible Kering tie-up amid luxury merger wave
PARIS/MILAN, Dec 5 (Reuters) - The chief executive and top shareholder of puffer jacket maker Moncler played down speculation around a takeover by Gucci-owner Kering on Thursday, saying the two firms sometimes talked but that there was no deal in the works. Shares in the Italian label, which has become a luxury industry darling in recent years after a makeover under CEO Remo Ruffini, surged earlier after Bloomberg reported that it had held exploratory discussions with Kering.
- Fool.co.uk
Why I’d ditch buy-to-let property and buy these 2 FTSE 100 growth shares today
I think that these two FTSE 100 (INDEXFTSE:UKX) shares could offer long-term growth potential.
- Reuters - UK Focus
UPDATE 2-UK shares tumble as Trump tariff tweet triggers trade fears
UK shares handed back gains to close lower on Monday as a combination of U.S. President Donald Trump setting off global trade worries and disappointing data from the world's biggest economy doused the morning's cheer. The FTSE 100 ended down 0.8% on its third session in the red, after rising by the same level earlier in the day, while the mid-cap FTSE 250 dipped 0.5%. Trump's surprise plans to restore tariffs on U.S. steel and aluminium imports from Brazil and Argentina dragged most other stocks in to the red.
- Fool.co.uk
Why I believe Burberry will outperform in 2020
I like its preparedness for a potentially uncertain future.
- Reuters - UK Focus
LIVE MARKETS-Closing snapshot: An inch away from record highs
* European shares cruise higher * STOXX 600 climbs back to April 2015 highs * Trump says U.S. China trade deal near * Wall St at record levels on trade hopes, economic data Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Joice Alves. Reach her on Messenger to share your thoughts on market moves: rm://joice.alves.thomsonreuters.com@reuters.net CLOSING SNAPSHOT: AN INCH AWAY FROM RECORD HIGHS (1642 GMT) European shares are less than 6 little points away from their highest level ever! The STOXX 600 closed at 409.71, a high not seen since April 2015 when on the 15th of that month, it touched its life record of 415.18 points.
- Reuters - UK Focus
LIVE MARKETS-More luxury M&A after LVMH/Tiffany?
* European shares cruise higher * STOXX 600 climbs back to April 2015 highs, up 0.3% * Trump says U.S. China trade deal near * Wall St at record levels on trade hopes, economic data Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Joice Alves. The takeover of Tiffany is surely a big deal - the biggest ever for the acquisitive French giant - but the feeling among traders and executives is that luxury M&A has more room to go.
- Reuters - UK Focus
UPDATE 2-Recharged trade hopes boost FTSE, mid-caps hit 15-month high
Britain's FTSE 100 rose on Monday on renewed hopes an initial Sino-U.S. trade deal may be clinched this year while further signs the Conservatives are set to win an election next month drove mid-caps to their highest since September 2018. The main index climbed 1%, boosted by miners and Asia-focused financial stocks HSBC and Prudential after the U.S. national security adviser said a preliminary trade deal was possible this year. The index, which jumped more than 1% in the previous session, was also supported by a 3% gain in Burberry after rival LVMH agreed to buy U.S. jeweller Tiffany for $16.2 billion.
- Fool.co.uk
Looking for shares to buy for Brexit and the general election? Here’s how you could beat the FTSE 100!
This market sector could survive Brexit and political chaos, writes Thomas Carr.
- Fool.co.uk
Forget Ted Baker! This stock could be a better fit for your ISA
Are shares in Burberry worth picking up, or is Ted Baker a bargain at a better price? Let's have a look
- Simply Wall St.
Burberry Group plc Just Beat EPS By 16%: Here's What Analysts Think Will Happen Next
Investors in Burberry Group plc (LON:BRBY) had a good week, as its shares rose 5.3% to close at UK£21.52 following the...
- Fool.co.uk
How should I invest £10k? The 3 shares I’d buy today
These FTSE 100 dividend stocks could help you build a retirement fund, says Roland Head.
- Reuters - UK Focus
LIVE MARKETS-Closing snapshot: red
- Reuters - UK Focus
LIVE MARKETS-Armageddon: When market gurus get it wrong
* European shares drop on economic growth concerns * STOXX 600 down 0.1%; DAX -0.2%; FTSE -0.4% * German economy narrowly escapes recession Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Reach him on Messenger to share your thoughts on market moves: rm://julien.ponthus.thomsonreuters.com@reuters.net ARMAGEDDON: WHEN MARKET GURUS GET IT WRONG (1524 GMT) In 2010, just two years after the brutal financial crisis, a host of market experts and money managers started coming out with predictions on the next blow-up, some forecasting wild scenarios, such as a 90% stock market drop.
- Reuters
Burberry aims to woo more customers in China with Tencent tie-up
Burberry said it will open a so-called "social retail" store in Shenzhen in China's technology hub powered by Tencent technology in the first half of next year that will blend retail and social media to create digital and physical spaces aimed at attracting customers. Few other details were given.
