TSCO.L - Tesco PLC
| Previous close | 229.80 |
| Open | 230.60 |
| Bid | 231.70 x 215000 |
| Ask | 229.80 x 175000 |
| Day's range | 229.86 - 233.60 |
| 52-week range | 187.05 - 266.80 |
| Volume | 13,138,282 |
| Avg. volume | 22,222,472 |
| Market cap | 22.584B |
| Beta (3Y monthly) | 1.16 |
| PE ratio (TTM) | 17.06 |
| EPS (TTM) | 13.60 |
| Earnings date | N/A |
| Forward dividend & yield | 0.06 (2.31%) |
| Ex-dividend date | 2019-05-16 |
| 1y target est | 269.93 |
- Reuters•2 days ago
Bank of England says it is watching mortgage price war 'like a hawk'
Regulators are watching a price war in mortgages "like a hawk" and may need to impose stricter minimum capital requirements on lenders, Bank of England Deputy Governor Sam Woods said on Friday. The price war over the past two years may be good news for consumers wanting to buy their first home, but it was less good for a bank or building society concentrated in mortgages, Woods told the Building Societies Association. High loan-to-value ratios and higher loan-to-income home loans can be well captured by the BoE's capital requirements.
- Fool.co.uk•2 days ago
What I’d do about the Tesco and Marks & Spencer share prices now
Tesco plc (LON: TSCO) pulls out of mortgages, while Marks and Spencer Group plc (LON: MKS) slashes its dividend. Do those make compelling reasons to invest?
- Fool.co.uk•4 days ago
How I’d handle Tesco’s shares following this recent news
Yesterday’s news adds just a little bit more weight to my conviction about the shares of Tesco plc (LON: TSCO).
- Reuters•5 days ago
UK's Tesco to sell $4.7 billion mortgage book as competition bites
Britain's biggest retailer Tesco will stop mortgage lending at its banking business because of tough market conditions, it said on Tuesday, as rival lender Nationwide Building Society reported a drop in profit margins. Tesco Bank, which serves more than 23,000 mortgage customers with total balances of 3.7 billion pounds ($4.7 billion), said it would stop new lending and seek to sell its existing portfolio of home loans. "In recent years, challenging market conditions have limited profitable growth opportunities," said Tesco Bank Chief Executive Gerry Mallon.
- Reuters - UK Focus•5 days ago
UK's Tesco to sell $4.7 bln mortgage book as competition bites
Britain's biggest retailer Tesco will stop mortgage lending at its banking business because of tough market conditions, it said on Tuesday, as rival lender Nationwide Building Society reported a drop in profit margins. Tesco Bank, which serves more than 23,000 mortgage customers with total balances of 3.7 billion pounds ($4.7 billion), said it would stop new lending and seek to sell its existing portfolio of home loans.
Reuters•5 days agoNew Brexit deal, Huawei reprieve boost FTSE 100
The FTSE 100 was up 0.3%, while the FTSE 250 rose 0.5%, with builder Galliford Try leading gains after announcing job cuts. After weeks of waiting for significant updates on Brexit, investors welcomed a "new deal" for Britain's departure from the European Union set out by Prime Minister Theresa May, which offered the prospect of a possible second referendum on the agreement.
- Reuters - UK Focus•5 days ago
Britain's Tesco to stop mortgage lending at bank unit
Britain's biggest supermarket chain Tesco plc said its banking unit will stop mortgage lending, amid cut-throat competition and tough market conditions that have pressured profits for lenders across the ...
- Reuters•6 days ago
Carrefour considers sale of stake in China business - sources
HONG KONG/PARIS/FRANKFURT (Reuters) - Carrefour, Europe largest retailer, is exploring the sale of a minority stake in its loss-making business in China and has started sounding out potential buyers, people familiar with the matter said. Carrefour's China business is valued at around $1 billion (£784 million) and the retailer is working with BNP Paribas on the deal, the sources said. A Carrefour spokeswoman said on Friday: "There is nothing particularly new to say about the matter", when asked about China.
- Fool.co.uk•9 days ago
Tesco shares? I’d rather buy this FTSE 100 dividend stock
Tesco plc (LON: TSCO) shares have done well this year, outperforming the FTSE 100 (INDEXFTSE: UKX). But this stock looks more attractive to Edward Sheldon.
- Simply Wall St.•9 days ago
Do Tesco PLC’s (LON:TSCO) Returns On Capital Employed Make The Cut?
Today we are going to look at Tesco PLC (LON:TSCO) to see whether it might be an attractive investment prospect. To be...
- Reuters•12 days ago
Carrefour and TerraCycle launch 'Loop' test in Paris to tackle waste
French retailer Carrefour and U.S. waste recycling company TerraCycle launched on Tuesday the test for their 'Loop' initiative which they hope will tackle the problems of plastic waste threatening to destroy the environment. The 'Loop' online platform will allow shoppers in the Paris area to buy orange juice, powder detergent or shampoo in reusable containers that do not result in waste. Users put down a refundable deposit via the Loop website when ordering products, which are delivered in reusable glass and metal bottles, and shipped in a tote bag to shoppers' doors.
Sky News•13 days agoTesco, Sainsbury's, Waitrose and Nestle to halve food waste by 2030
Tesco, Sainsbury's, Waitrose and Nestle will pledge to help halve food waste by 2030, ministers have announced. The major food retailers will join about 300 other businesses and individuals at a symposium on Monday to adopt a package of commitments to help slash food waste. Britain currently wastes 10.2 million tonnes of food every year - with 1.8 million tonnes coming from food manufacture, one million tonnes from the hospitality sector, 260,000 tonnes from retail and the rest from households, according to the Department for Environment, Food and Rural Affairs.
- Fool.co.uk•16 days ago
The Tesco share price is a cheap FTSE 100 dividend prospect I’d buy for my ISA today
I think Tesco plc (LON: TSCO) offers an improving income outlook that could help it to beat the FTSE 100 (INDEXFTSE:UKX).
- Fool.co.uk•16 days ago
Have Tesco shares got their mojo back?
Good leadership and great recents have driven Tesco plc (LON:TSCO)’s share price, but competition from discounters remains a thorny issue.
- Fool.co.uk•21 days ago
Are Tesco, Morrisons and Sainsbury’s shares great value?
G A Chester weighs up supermarket stocks Tesco plc (LON:TSCO), WM Morrison Supermarkets plc (LON:MRW) and J Sainsbury plc (LON:SBRY).
- Barrons.com•23 days ago
Resurgent Tesco Stock Could Have More Good News Ahead
After stumbling badly amid an accounting scandal, a horse-meat disaster, and a bungled foreign expansion, the British grocer has successfully returned to its local roots. The company’s coming investor day should offer more good news.
- Simply Wall St.•23 days ago
Do You Know What Tesco PLC's (LON:TSCO) P/E Ratio Means?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Today, we'll introduce the concept of the P/E ratio for those who are learning about investing...
Reuters•26 days agoSainsbury's poor trading heightens grief over Asda deal
Sainsbury's, reeling from last week's decision by the regulator to block its takeover of rival Asda, was alone among Britain's big four supermarket groups in seeing sales fall in the latest 12-week period, industry data showed on Tuesday. Sainsbury's wanted to buy Walmart owned Asda to boost its scale and buying power, as well as to compete better with market leader Tesco and fast growing German-owned discounters Aldi and Lidl. Sainsbury's is due to publish full year results on Wednesday with Chief Executive Mike Coupe under pressure to reassure investors he has the plan to arrest the sales decline.
Reuters•27 days agoTesco says new accounting standard would have increased 2018-19 operating profit
Tesco, Britain's biggest retailer, said on Monday a new accounting standard related to the treatment of leases would have increased its operating profit and margin in the last financial year, while decreasing pretax profit and earnings per share. Tesco is introducing IFRS 16, the new financial reporting standard on accounting for leases, for its new 2019-20 financial year. It has no impact on how the business is run and no bearing on the plans or financial ambitions Tesco detailed in October 2016.
- Fool.co.uk•last month
The Tesco share price is rising: is it time to buy?
After a 30% gain so far in 2019, can the Tesco plc (LON: TSCO) share price keep on going?
- Reuters•last month
UK regulator blocks Sainsbury's $9.4 billion takeover of Walmart's ASDA
LONDON/BENTONVILLE, Ark. (Reuters) - Britain's competition regulator on Thursday blocked Sainsbury's proposed 7.3 billion pound ($9.4 billion) takeover of Walmart-owned Asda - a huge blow to the supermarket groups who wanted to combine to overtake market leader Tesco. The Competition and Markets Authority (CMA) ruling is also a major setback for Sainsbury's Chief Executive Mike Coupe, the architect of the deal and the group's boss since 2014. For Walmart , the deal was a way to exit Britain, one of the weakest performers in its global portfolio, as it moves to revamp its international operations.
- Reuters - UK Focus•last month
UK regulator blocks Sainsbury's $9.4 bln takeover of Walmart's ASDA
LONDON/BENTONVILLE, Ark., April 25 (Reuters) - Britain's competition regulator on Thursday blocked Sainsbury's proposed 7.3 billion pound ($9.4 billion) takeover of Walmart-owned Asda - a huge blow to the supermarket groups who wanted to combine to overtake market leader Tesco. The Competition and Markets Authority (CMA) ruling is also a major setback for Sainsbury's Chief Executive Mike Coupe, the architect of the deal and the group's boss since 2014.
Reuters•last monthCompetition regulator blocks Sainsbury's £7.3 billion takeover of Walmart's ASDA
LONDON/BENTONVILLE, Ark. (Reuters) - Britain's competition regulator on Thursday blocked Sainsbury's proposed £7.3 billion takeover of Walmart-owned Asda - a huge blow to the supermarket groups who wanted to combine to overtake market leader Tesco. The Competition and Markets Authority (CMA) ruling is also a major setback for Sainsbury's Chief Executive Mike Coupe, the architect of the deal and the group's boss since 2014. For Walmart, the deal was a way to exit Britain, one of the weakest performers in its global portfolio, as it moves to revamp its international operations.
