PDG.L - Pendragon PLC

LSE - LSE Delayed price. Currency in GBp
6.20
-0.05 (-0.80%)
At close: 5:10PM BST
Stock chart is not supported by your current browser
Previous close6.25
Open5.75
Bid6.10 x 0
Ask6.17 x 0
Day's range5.75 - 6.25
52-week range4.02 - 27.20
Volume2,718,523
Avg. volume1,401,538
Market cap86.61M
Beta (5Y monthly)0.50
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield0.01 (22.40%)
Ex-dividend date18 Apr 2019
1y target estN/A
  • Is Pendragon’s (LON:PDG) dividend payment at risk?
    Stockopedia

    Is Pendragon’s (LON:PDG) dividend payment at risk?

    Dividend cuts are almost always preceded or succeeded by a painful decline in share price - so understanding how to screen out companies whose dividend payment8230;

  • Reuters

    Pendragon shares plunge as results disappoint, warns virus spread may hurt

    The company, which operates the Evans Halshaw, Stratstone, Quickco and Car Store brands, said it was delaying its capital expenditure programme and would make decisions depending on market conditions. "In a situation like this, (Chief Financial Officer) Mark Willis and I have to be able to make sure we've got a strong balance sheet and we can weather the storm," newly appointed Chief Executive Officer Bill Berman told Reuters on a call. Pendragon posted a pretax loss of 16.4 million pounds for the year ended Dec. 31, compared with a profit of 47.8 million in 2018, mainly due to poor performance in the first half.

  • ISA investors! Should you buy gold-backed assets, or this dirt-cheap turnaround stock?
    Fool.co.uk

    ISA investors! Should you buy gold-backed assets, or this dirt-cheap turnaround stock?

    Time to go safe-haven shopping? Or should you push the boat out with some cheap-looking cyclicals? Royston Wild gives the lowdown on a few investment choices.The post ISA investors! Should you buy gold-backed assets, or this dirt-cheap turnaround stock? appeared first on The Motley Fool UK.

  • Investors Who Bought Pendragon (LON:PDG) Shares Five Years Ago Are Now Down 66%
    Simply Wall St.

    Investors Who Bought Pendragon (LON:PDG) Shares Five Years Ago Are Now Down 66%

    While it may not be enough for some shareholders, we think it is good to see the Pendragon PLC (LON:PDG) share price...

  • Three reasons why the Pendragon dividend payment (LON:PDG) is at risk
    Stockopedia

    Three reasons why the Pendragon dividend payment (LON:PDG) is at risk

    Companies that can barely make their dividend payments are rarely doing anyone a favour. Making these payments to shareholders can distract management and prev8230;

  • PR Newswire

    PENDRAGON PLC - Holding(s) in Company

    TR-1: Standard form for notification of major holdings

  • Is Pendragon (LON:PDG) Using Debt Sensibly?
    Simply Wall St.

    Is Pendragon (LON:PDG) Using Debt Sensibly?

    Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

  • Reuters - UK Focus

    UPDATE 2-Lookers bosses leave as car dealer sounds another profit alarm

    British car dealership Lookers said on Friday its top boss and operations chief will step down immediately after weak sales led to a second profit warning in less than four months, sending its shares down as much as 30% and rattling peers. The London-listed firm which sells new and used vehicles made by multiple manufacturers, expects annual underlying profit to fall by more than two-thirds as the UK car market struggles with dwindling consumer confidence and margin pressures. As much as 60 million pounds was wiped from Lookers' stock market value, which fell to 136 million pounds as its shares tumbled.

  • Reuters - UK Focus

    UPDATE 2-UK watchdog proposes car finance commission crackdown

    Britain's markets watchdog has proposed banning auto dealers and brokers from receiving commission linked to interest rates on loans used to finance car purchases, a step it said would save consumers 165 million pounds ($208.4 million) annually. The Financial Conduct Authority (FCA) said some motor finance brokers receive commission linked to the interest rate that customers pay. "The broker can set that rate and the FCA found that the widespread use of this type of commission creates an incentive for brokers to act against customers' interests," the FCA said in a statement on Tuesday.

  • Reuters - UK Focus

    UPDATE 2-UK stocks recoil as Brexit optimism fades; buyout spurs Sophos

    London-listed companies with exposure to the domestic economy retreated on Monday as last week's euphoric optimism gave way to doubts over whether a timely Brexit deal could be clinched, while cybersecurity firm Sophos surged 36% after a buyout offer. The FTSE 250 ended slightly off the day's lows but still shed 0.6%, handing back part of the more than 4% gain it had recorded in the previous session which was its best in nearly a decade. JP Morgan's UK domestic plays index, tracking about 30 UK stocks that make all or most of their revenue at home, pulled back nearly 1%.

  • Reuters - UK Focus

    LIVE MARKETS-Defensives down, cyclicals up!

    SMI down 0.4%, DAX down 0.1 * BAML starts coverage of airlines: IAG, Wizz, RyanAir, Air France top picks * Ferguson top gainer on FTSE 100 after profit beat * Greggs sinks more than 8% after trading update 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. BAML analysts turn "overweight" on the sector saying the sector has been priced for an outright Euro area recession, which we think is unlikely.

  • Reuters - UK Focus

    UPDATE 1-FTSE 100 lingers in the red ahead of Fed meeting

    London's main index see-sawed in early Wednesday trading as investors awaited the outcome of the U.S. Federal Reserve meeting to get a sense of how far policymakers in the world's largest economy will go to tackle a global slowdown. The Federal Reserve is set to conclude its latest policy meeting later in the session, with expectations that it will cut interest rates for the second time this year as it looks to cushion the economy from an ongoing trade war with China. "The question facing the market is how many more (rate cuts) there are to come," Markets.com analyst Neil Wilson wrote.

  • Reuters - UK Focus

    UPDATE 2-Car dealership Pendragon scraps dividend as Brexit dims outlook

    British auto dealer Pendragon cancelled its dividend and issued a dismal forecast for the year after deep price cuts to offload used car inventory pushed it to a first-half loss and sent shares down 13% on Wednesday. In the latest abrupt management change this year, the car dealership chain named a new executive chairman to oversee the two senior executives running the company in the absence of a CEO and said its non-executive chairman would step down. The company, which operates the Evans Halshaw, Stratstone, Quickco and Car Store brands, has already seen two CEOs leave this year - the last after just three months in the position.

  • Car dealership Pendragon scraps dividend as Brexit dims outlook
    Reuters

    Car dealership Pendragon scraps dividend as Brexit dims outlook

    In the latest abrupt management change this year, the car dealership chain named a new executive chairman to oversee the two senior executives running the company in the absence of a CEO and said its non-executive chairman would step down. The company, which operates the Evans Halshaw, Stratstone, Quickco and Car Store brands, has already seen two CEOs leave this year - the last after just three months in the position. It has also felt the pain of the wider British car industry, which has seen vehicle sales fall amid uncertainty over Britain's impending exit from the European Union, stricter emissions regulations and a shift towards sales of electric or hybrid cars.

  • Reuters - UK Focus

    UPDATE 3-British dealership Lookers hit by crumbling car demand

    British car dealership Lookers warned on full-year profit on Friday, saying trading was increasingly challenging and prompting a 30% fall it its already weak shares. The British car industry has been hit by lower vehicle sales amid uncertainty caused by stricter emissions regulations, Britain's impending exit from the European Union and a shift towards sales of electric or hybrid cars. "The more recent challenging conditions are likely to continue into H2, exacerbated by continued weakness in consumer confidence in light of wider political and economic uncertainty, and further pressure on used car margins," Lookers said.

  • Boss of one of UK's biggest car dealers quits three months into job
    The Guardian

    Boss of one of UK's biggest car dealers quits three months into job

    Mark Herbert’s background was in selling new cars but the board wanted to focus on used cars. Photograph: Andrew Matthews/PAThe boss of Pendragon, one of Britain’s biggest car dealers, is leaving less than three months into the job after clashing with the board over its focus on the used-car market. Mark Herbert was appointed as chief executive on 1 April and tasked with carrying out a strategic review of the business in an effort to return it to profitability in a tough market.But on Thursday the company, which trades under the Evans Halshaw, Stratstone and Car Store brands, said Herbert will leave “by mutual agreement” on 30 June.“As a result of the change to the management team, it is envisaged that the strategic update originally scheduled for late September will now be postponed until the appointment of a new chief executive officer is concluded,” Pendragon said in the statement.It is understood that Herbert, the former boss of Jardine Motors Group UK who most recently ran a pan-Asian retailer as part of Jardine Matheson, clashed with Pendragon’s board over strategy. Herbert’s background is in new cars and the franchised market, while the board wants to focus on used cars and online selling through its Car Store website.Until a new chief executive is found, Martin Casha, the longstanding chief operating officer, and Mark Willis, the new chief financial officer who joined from Ten Entertainment in April, will run the business, reporting to Chris Chambers, the chairman.Analysts at Liberum said: “At the time of appointment, it was clear that the new CEO’s role was not about a wholesale review of the strategy … We think it unlikely that a CEO from a listed peer would want to make the move, particularly without a mandate to review the whole strategy.”Sign up to the daily Business Today email or follow Guardian Business on Twitter at @BusinessDeskPendragon declined to say whether Herbert would receive a payoff. He joined without a probation period.The firm’s performance has worsened due to falling prices in the used-car market. Two weeks ago, Pendragon shares crashed after it warned it would be “significantly loss-making” in the first half and predicted a small pre-tax loss for 2019 as a whole. Analysts had been expecting a profit of almost £35m.Like other dealers, the company, which sells all the main marques, has been forced to slash used-car prices to shift excess stock. It has 177 franchised dealerships and has opened 32 stores that sell only used cars.

  • Reuters

    Pendragon boss quits after just three months steering UK car dealer

    Pendragon, which operates the Evans Halshaw, Stratstone and Quickco brands, said that a strategic update scheduled to be announced in September will be delayed until a new CEO is named. Herbert has stepped down by mutual agreement and will leave the company on June 30, the company said in a statement. Shares in the company, which have fallen about 37 percent since Herbert took over as CEO on April 1, fell another 4% in early trading.

  • Reuters - UK Focus

    UPDATE 2-FTSE 100 slips on uncertain U.S.-China trade prospects

    London's FTSE 100 ended lower on Thursday as initial investor optimism gave way to uncertainty amid conflicting reports on whether Washington and Beijing would commit to a trade truce, while Glencore skidded after a mine collapse in Congo. The FTSE 100 closed 0.2% lower, after slipping as much as 0.5%. Markets had initially welcomed signs of progress in the trade talks after the South China Morning Post, citing sources, said the United States and China had agreed to a truce before leaders of the two nations meet at the G20 summit.

  • Reuters - UK Focus

    UPDATE 2-Pendragon boss quits after just three months steering UK car dealer

    Pendragon Plc's Chief Executive Mark Herbert is leaving the car dealership after only three months in charge during which the company warned it would make a loss this year. Pendragon, which operates the Evans Halshaw, Stratstone and Quickco brands, said that a strategic update scheduled to be announced in September will be delayed until a new CEO is named. Herbert has stepped down by mutual agreement and will leave the company on June 30, the company said in a statement.

  • Car dealership giant Pendragon issues profit warning
    Sky News

    Car dealership giant Pendragon issues profit warning

    Shares in car dealership giant Pendragon slumped by a fifth on Wednesday, after it warned that the first half of 2019 is "expected to be significantly loss making". The company behind the Evans Halshaw and Stratstone car dealerships said it will see a full-year pre-tax loss for 2019, as excess stocks of used cars dragged on growth, in a "challenging market".

By using Yahoo, you agree that we and our partners can use cookies for purposes such as customising content and advertising. See our Privacy Policy to learn more