|Bid||114.40 x 0|
|Ask||114.80 x 0|
|Day's range||110.80 - 125.00|
|52-week range||66.90 - 489.50|
|Beta (5Y monthly)||2.17|
|PE ratio (TTM)||8.97|
|Earnings date||10 Mar 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||17 Oct 2019|
|1y target est||779.33|
Among the biggest providers of fuelling, ground handling, lounge services and maintenance, Menzies said its volumes had dropped 20% in the past two weeks as airlines ground flights in response to faltering demand and government curbs on movement. "John Menzies Plc has existed since 1833 and been listed since 1962, but never have we faced such difficult and unpredictable times," Chief Executive Giles Wilson said in a statement. Menzies, which employs over 32,000 employees at more than 200 airports worldwide, said it has reduced headcount by more than 17,500 and that the reductions are being supported by some countries' government schemes.
To the annoyance of some shareholders, John Menzies (LON:MNZS) shares are down a considerable 79% in the last month...
Whilst it may not be a huge deal, we thought it was good to see that the John Menzies plc (LON:MNZS) Deputy Chairman...
There's been a major selloff in John Menzies plc (LON:MNZS) shares in the week since it released its full-year report...
John Menzies said last month it would take a hit of between 6 million and 9 million pounds due to the coronavirus outbreak, assuming the impact of the virus subsides towards the end of the second quarter.
Menzies, which offers ground handling, fuelling and cargo handling services for airlines, said the biggest disruption would be seen at its operations in Macau, where the company handles Chinese carriers. "The situation is still evolving, and we only have limited visibility of what flight schedules are being impacted into March and beyond, so it is difficult to assess how extensive the impact could be at this point," the company said. John Menzies, which has already been hurt by the fallout from the global grounding of Boeing Co's 737 MAX jets, said "mitigation actions" are in place, and it was trying to control costs and expenses.
Dividend paying stocks like John Menzies plc (LON:MNZS) tend to be popular with investors, and for good reason - some...