|Bid||855.20 x 0|
|Ask||855.40 x 0|
|Day's range||850.80 - 867.80|
|52-week range||436.50 - 890.00|
|Beta (5Y monthly)||0.74|
|PE ratio (TTM)||32.26|
|Earnings date||15 Apr 2020|
|Forward dividend & yield||0.02 (0.20%)|
|Ex-dividend date||28 Nov 2019|
|1y target est||505.71|
Jabran Khan delves deeper into the growth of JD Sports Fashion amongst the so-called retail crisis.The post Why I think JD Sports’ 800% share price growth makes it an undisputed king of retail appeared first on The Motley Fool UK.
(Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.U.K. retailers’ holiday tale of woes continued as apparel chain Superdry Plc said lower-than-expected sales for the period could wipe out its annual profit, sending its shares reeling.Another retailer, JD Sports Fashion Plc, said Friday its full-year earnings will be in the upper range of previous guidance, but that was largely because of stronger performance outside the U.K.The updates follow downbeat reports from the likes of Marks & Spencer Group Plc and John Lewis Partnership Plc, which struggled over the holidays as shoppers shift from bricks-and-mortar stores to e-commerce and discounters take advantage of consumer jitters linked to the country’s recent political turmoil.The British Retail Consortium, a trade group, said earlier this week that 2019 was the worst year for U.K. retail on record.After the latest in a series of lower forecasts, Superdry’s shares fell as much as 24% in London, having lost more than four-fifths of their value in the past two years. JD Sports was little changed.Joules Group Plc, a small clothing designer that warned of disappointing results, plummeted 34%. B&M European Value Retail SA fell as much as 7.5% after the discount retailer reported sales growth that disappointed analysts.Founder ReturnsSuperdry said it had lower-than-anticipated retail sales since Black Friday and now expects adjusted pretax profit of zero to 10 million pounds ($13 million). The company, known for its faux-Japanese branding, said the period was marked by unprecedented levels of promotional activity and subdued consumer demand immediately after Christmas. Founder Julian Dunkerton returned last year to lead the chain after leading a campaign against the previous management team.JD said pretax profit for the year will be in the upper quartile of market expectations, which range from 403 million to 433 million pounds after adjustments for a transition to new accounting standards.Despite the challenges in the U.K. market, JD said sales rose on a like-for-like basis particularly overseas following an expansion drive that included the acquisition of Finish Line Inc. in the U.S. in 2018. The company, which relied on the U.K. for about four-fifths of its revenue five years ago, now gets about 55% of sales from abroad, especially from the U.S. and continental Europe.To contact the reporter on this story: Eric Pfanner in London at firstname.lastname@example.orgTo contact the editors responsible for this story: Eric Pfanner at email@example.com, Thomas MulierFor more articles like this, please visit us at bloomberg.com©2020 Bloomberg L.P.
The owner of Footpatrol and Cloggs expects annual headline pretax profit to be in the upper quartile of 403 million pounds ($527.16 million) and 433 million pounds after adjusting for the impact of transitioning to IFRS 16. The upbeat outlook comes against the backdrop of a struggling UK retail sector, caused by weakening consumer spending as Brexit looms, higher costs and more people shopping online. British fashion brand Superdry warned on its full-year profit on Friday after Christmas sales fell short of its expectations.
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll apply a...
(Bloomberg) -- In a year marked by political turmoil, U.K. stocks were widely shunned by investors awaiting clarity on Brexit. Some of the companies that fared best were ones that are most dependent on their home market.The FTSE All-Share Index is up 15% this year, trailing the 23% jump in the regional Stoxx Europe 600 gauge. Stock buyers returned after the mid-December election gave Prime Minister Boris Johnson’s Conservative Party an 80-seat House of Commons majority, strengthening his power to set terms for the U.K.’s separation from the European Union.Light-systems producer Luceco Plc gained the most in 2019 with a more than threefold surge, while news publishers and specialized consumer-oriented companies at least doubled in value.Shares in U.K. companies are due for a “period of valuation catch-up” against other developed markets, said Gervais Williams, the head of equities at fund manager Premier Miton Group Plc. “Overall, we expect the U.K. stock market to be one of the best performers going forward, especially within domestically focused businesses that are mainly outside the FTSE 100 Index.”Below we look at a curated list of some of the most interesting winner and loser stock stories in the FTSE All-Share Index in 2019.The WinnersLuceco Plc (+267%)The U.K. lighting manufacturer has been recovering from profit warnings in past years and winning some praise from analysts as it starts to rebuild a decent track record on earnings. Still, the stock remains 6.5% below its 130 pence-a-share initial public offering price in October 2016 after sinking below that level two years ago.Future Plc (+205%) and Reach Plc (+103%)These two companies are rare examples of publishers that are succeeding in the 21st century. Future, a digital magazine firm, has been consistently topping expectations and snapping up rivals in the sector. Analysts see a potential 14% gain in the stock in the next 12 months, bolstered by better margins and more takeover opportunities. Reach, the owner of the U.K. newspapers Daily Mirror and Daily Express, has also been buying more assets as it reaps the benefits of shoring up its finances in recent years.Pets at Home Group Plc (+142%); JD Sports Fashion Plc (+142%); Dunelm Group Plc (+117%)Three of the success stories of the U.K. retail industry this year -- pet-products seller Pets at Home, sneaker merchant JD Sports and home wares chain Dunelm -- have all consistently beaten expectations. JD Sports even has the auspicious title of the FTSE All-Share’s best stock of the decade. All three are reaping the benefits of tailoring their offerings to customers, including Pets at Home’s addition of veterinary surgeries and JD Sports’ successful loyalty program.IWG Plc (+109%)Even as the archetypal U.S. flexible-office firm WeWork crashed and burned, its older U.K. peer thrived. IWG, owner of the Regus brand, switched strategies to a franchise-focused model and is now looking to acquire smaller players struggling in the shadow that WeWork has cast over the sub-sector.The LosersMetro Bank Plc (-87%)The high-street lender’s annus horribilis included plunging after reporting it had misclassified assets, briefly becoming the center of M&A speculation and spending a good portion of the year trying to shore up finances with bond sales and an equity issue. It will start 2020 with a new boss.Sirius Minerals Plc (-83%); Petra Diamonds Ltd. (-77%)The business of digging up potash and diamonds proved tough gigs for two stocks in 2019. Sirius, betting on building a huge potash mine in Yorkshire, plunged after financing for the project fell through. For Petra, it has been a rough year to be in the diamond game as an inventory glut has hit prices, and there are warnings this will remain the case in 2020.Kier Group Plc (-76%)The U.K. construction and infrastructure company ended 2018 on a poor note, and its woes continued into 2019, with the stock crashing because of concerns about debt and an outlook cut. Those ultimately resulted in job cuts and suspended dividends as Kier worked to fix its balance sheet.Ted Baker Plc (-73%)Beginning with a scandal involving the conduct of its founder in late 2018, fashion retailer Ted Baker has been battered by sales missing expectations and inventory write-offs. The company will begin searching for a new chief executive officer in January following the resignation of its top management almost three weeks ago.Intu Properties Plc (-70%)The shopping-mall operator faces concerns about debt and strategy amid the structural decline of its brick-and-mortar store formats in a world increasingly dominated by online shopping, and analysts won’t get on board. It concluded 2019 with an agreement to sell a Spanish shopping center in a move to reduce leverage.\--With assistance from Jan-Patrick Barnert.To contact the reporter on this story: Sam Unsted in London at firstname.lastname@example.orgTo contact the editors responsible for this story: Beth Mellor at email@example.com, Tom LavellFor more articles like this, please visit us at bloomberg.com©2020 Bloomberg L.P.
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
* U.S. futures flat with focus on tariff deadline, Fed Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Thyagaraju Adinarayan. Who will win tomorrow's UK election?
* U.S. futures flat with focus on tariff deadline, Fed Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Thyagaraju Adinarayan. Granted, there's currently a little feeling of unease creeping inside the UK midcap space while we wait for the polls to open on Thursday. Another asset telling us that the consensus is discarding a hung parliament is gold.
* U.S. futures flat with focus on tariff deadline, Fed Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Thyagaraju Adinarayan. It's bloodbath in the FTSE midcap index mainly led by stocks exposed to the domestic economy and all thanks to yesterday's opinion polls which planted worries of a hung parliament among investors. The recent rally in housebuilders, domestic retailers and banks are all reversing a bit today with sterling, raising concerns that if Conservatives fall short of a majority tomorrow, this could unravel a fresh downside for those sectors and pound.
* U.S. stock index futures lower Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Thyagaraju Adinarayan. UK HUNG PARLIAMENT – WHAT IF? The latest YouGov poll showing that the UK election race has tightened markedly has raised the spectre of a hung parliament - a scenario that many believe is the worst one because it would drag out even further that Brexit uncertainty that has already caused a massive outflow from UK equities.
* U.S. stock index futures lower Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Thyagaraju Adinarayan. Global growth will edge up in 2020 giving some relief to investors and pushing away recession risks: This is the outlook for next year from BlackRock. "Even though it's not a massive growth that is pencilled in, it is very important for markets because it will take away concerns about a recession being around the corner," Elga Bartsch, head of macro research at BlackRock Investment Institute, told reporters.
Stocks most exposed to the British economy slipped on Wednesday on growing expectations of a close election outcome, while JD Sports dropped 10% after its top investor cut its stake. The exporter-heavy FTSE 100 ended flat as gains due to a weakening of the pound were offset by steep losses in oil firms after a surprise build-up of U.S. crude inventories.
European shares were a bit lower on Wednesday as investors intently waited for a pivotal British election on Thursday to decide the fate of Brexit, with attention also focused on central bank meetings in the United States and euro zone this week. The pan-European STOXX 600 index ticked down 0.2% in volatile trading. "European markets do remain cheap, versus history or other markets," said Chris Bailey, European strategist at Raymond James.
European shares fell today as many investors stayed on the sidelines ahead of a number of key events this week that could have a big impact on financial markets in the months to come. On Wednesday the Federal Reserve meets and on Thursday the UK holds its general election and new ECB chief Lagarde holds her first policy meeting.