|Bid||2,120.00 x 0|
|Ask||2,122.00 x 0|
|Day's range||2,035.00 - 2,173.00|
|52-week range||1,367.50 - 3,328.00|
|Beta (5Y monthly)||1.09|
|PE ratio (TTM)||7.93|
|Earnings date||27 Feb 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||11 Jun 2020|
|1y target est||2,602.00|
Take advantage of the stock market crash to buy these two bargain FTSE 100 (INDEXFTSE:UKX) stocks in an ISA.The post Don't waste the stock market crash! I’d invest £2k in these 2 bargain FTSE 100 stocks in an ISA appeared first on The Motley Fool UK.
These two FTSE 100 (INDEXFTSE:UKX) shares could offer recovery potential, in Peter Stephens' opinion.The post These 2 FTSE 100 share prices have fallen by 30%+. Here’s why I’d buy them in an ISA today appeared first on The Motley Fool UK.
Andy Ross thinks the share price of this FTSE 100 industry leader looks too cheap to ignore and could offer massive returns for brave investors. The post This FTSE 100 share price has fallen by over 33%. I’m buying and here's why appeared first on The Motley Fool UK.
(Bloomberg Opinion) -- The U.K. housing market — that obsession of middle-class Brits — has been placed in suspended animation. Buyers and renters have been told to delay moving home to limit the spread of coronavirus. While a few transactions are still going through, a functioning market depends on prospective buyers and surveyors being able to view people’s homes. Mobility restrictions and distancing measures make that all but impossible.Set against the loss of life caused by the virus, the anticipated collapse in housing transactions for at least the next few months is a price worth paying. Still, the knock-on effect will be severe across the sector, from the mortgage lenders obliged to offer struggling customers three-month payment holidays to the home-builders like Persimmon Plc and Taylor Wimpey Plc who’ve closed construction sites. For estate agents, struggling even before the pandemic, the standstill will be particularly painful.Boris Johnson’s government is trying to cushion the blow by suspending property taxes for businesses and paying employee wages (yes, even for real estate agents). But smaller outfits, those with weak balance sheets or those that were mismanaged before coronavirus struck, face a very difficult year. In the 2008-2009 downturn thousands of estate agents left the industry.It won’t be just those forced to shutter high street branches that face a bleak period though; while employees of digital property portals such as Rightmove Plc and Zoopla can more easily work from home, they’re being drawn into a brutal price war.With the busy spring and summer selling season poised to start, the timing of the lockdown could hardly be worse. The U.K. property market has already endured a few tepid years of because Brexit worries, stamp duty changes and high house prices that make it harder for people to purchase a home. Now the much ballyhooed “Boris bounce” after his recent election win has been extinguished and 2020 looks like being a write-off, forcing estate agents to slash costs.Countrywide Plc, the country’s biggest estate agent, was already ailing, having piled on debt to fund expansion. Shareholders recapitalized the business in 2018 via a massively discounted rights issue. Its debt covenants were also amended. Now, a takeover by rival LSL Property Services Plc has been called off; an agreed 38 million pound sale of its commercial property arm also failed to complete. Including lease obligations it still has about 194 million pounds of net debt, or almost 6 times ebitda. That’s uncomfortably high.London-focused Foxtons Group Plc is also loss-making but it has no bank or bond debt and held 15.5 million pounds of cash at the end of December. It has since drawn down a 5 million pounds credit line. However, renting office space and the ubiquitous Minis that its agents drive around consumes about 12 million pounds annually, so it too must slash costs. Besides rent, another big outlay for agents is the cost of advertising properties for sale with online portals. On average market leader Rightmove Plc charges agents more than 1,000 pounds a month for each advertiser. Coronavirus has sparked a full-blown rebellion against such fees. Rightmove’s initial offer to defer part of those payments for six months was poorly received, forcing it to backtrack and offer a 75% discount for the next four months instead. This will cost about 70 million pounds, or about one-fifth of estimated revenues. But that’s not the end of it: Rival Zoopla, which was acquired by private equity firm SilverLake in 2018 for $3 billion, is offering agents nine months free if they quit Rightmove. On Friday Rightmove suspended its dividend and scrapped its financial guidance.Loss-making platform Purplebricks Group Plc says it plans to conduct viewings and valuations via Zoom, Facetime and Whatsapp. But its fixed-fee model (customers must pay even if their home doesn’t sell) could come under more pressure. The company is already reeling from a failed U.S. and Australian expansion. German media giant Axel Springer SE doubled its stake last year and now owns 26% of the group, but the shares have since lost about two-thirds of their value. It’s not all bad. The collapse in travel bookings has prompted people who usually let their homes on Airbnb in tourist hotpots like London and Edinburgh to advertise long term rentals instead. Eventually the wider property market should rebound, driven in part by the desire of those who are presently housebound deciding they really do need a bigger home or more green space.Yet the pace of that rebound, and the outlook for prices, will depend on whether government succeeds in preventing the temporary shock of coronavirus wreaking permanent economic damage. As elsewhere, unemployed Britons will be less inclined to purchase a home, and banks could tighten lending standards. Estate agents that survive the current drought will have to work even harder for their fees.This column does not necessarily reflect the opinion of Bloomberg LP and its owners.Chris Bryant is a Bloomberg Opinion columnist covering industrial companies. He previously worked for the Financial Times.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
These two bargain stocks could outpace the FTSE 100 (INDEXFTSE:UKX) when the stock market recovery kicks in.The post I reckon these 2 FTSE 100 bargains could spearhead the stock market recovery appeared first on The Motley Fool UK.
Big FTSE 100 dividends are being cut as coronavirus fallout spreads, but which will be next? I predict both of these will slip.The post Will these be the next FTSE 100 dividends to fall in the 2020 crash? appeared first on The Motley Fool UK.
London shares gained on Wednesday as an enormous U.S. stimulus package and evidence of moves by companies to deal with the financial effects of the coronavirus crisis offset the impact on markets of a surge in cases domestically. The blue-chip FTSE 100, down 30% in the past month, on Tuesday saw its best day since the swings of the financial crisis of 2008. Businesses listed more damage, with housebuilder Persimmon Plc down 2% after saying it was starting an orderly shutdown of its construction sites with only essential work taking place.
My expectation is that these three FTSE 100 stocks will climb out of their holes and exceed previous highs.The post 3 FTSE 100 shares I reckon look set to outperform their index appeared first on The Motley Fool UK.
Royston Wild talks up a FTSE 100 income hero that he thinks is too good to miss at recent prices.The post A P/E ratio of 8 times and a HUGE 11% yield! This FTSE 100 dividend stock is on my radar today appeared first on The Motley Fool UK.
As the FTSE 100 crash continues, I'm seeing tons of top quality shares to buy cheap. And I think the Taylor Wimpey share price is starting to look irresistible.The post Why I think the Taylor Wimpey share price could be the FTSE 100's best buy appeared first on The Motley Fool UK.
These two FTSE 100 (INDEXFTSE:UKX) stocks could offer long-term growth potential, in Peter Stephens' opinion.The post Forget buy-to-let! I’d buy these 2 FTSE 100 stocks today to get rich and retire early appeared first on The Motley Fool UK.
Persimmon Plc (LON:PSN) is about to trade ex-dividend in the next 3 days. You will need to purchase shares before the...
Recent market declines have thrown up some bargains in the FTSE 100, including these income champions. The post I’d buy these 2 FTSE 100 dividend stocks yielding 8% right now appeared first on The Motley Fool UK.
Here’s a cyclical stock that I believe can hold investors in good stead. The post The FTSE 100 has fallen 11% in a week. Here’s my contrarian pick appeared first on The Motley Fool UK.
These two stocks are worth considering for your watchlist as stock markets fall, I believe.The post Property prices rise but housebuilders fall. I'm seeing a buying opportunity appeared first on The Motley Fool UK.
As its CEO says he will step down, can an improved image translate to stronger Persimmon shares?The post Will a ‘culture overhaul’ translate to a stronger Persimmon share price? appeared first on The Motley Fool UK.
Persimmon plc (LON:PSN) is a favourite with income hunters. But are dividends now looking vulnerable?The post Profits drop at Persimmon. Is that big dividend yield at risk? appeared first on The Motley Fool UK.
Full-year results are due from Persimmon and Rio Tinto next week. Should dividend investors continue to hold the stocks or even top-up now?The post I like these 2 high-dividend-yield stocks that are about to report earnings appeared first on The Motley Fool UK.
Buy-to-let can be filled with hidden costs and dangers. I prefer the stock market for wealth generation.The post I'd avoid buy-to-let and consider these FTSE 100 dividend stocks instead appeared first on The Motley Fool UK.
High-quality companies outperform junk companies in the stock market. From Robert Novy-Marx to Joseph Piotroski, the world’s foremost investment academics have8230;