Metcash Limited Company Profile (ASX:MTS)

Analyst Ratings

Consensus Ratings for Metcash Limited (ASX:MTS) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Metcash Limited (ASX:MTS)
Show:
DateFirmActionRatingPrice TargetActions
10/30/2014Morningstar Inc.UpgradeReduce -> Hold$2.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/26/2014 forward)

Earnings

Earnings History for Metcash Limited (ASX:MTS)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Metcash Limited (ASX:MTS)
No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Dividend History for Metcash Limited (ASX:MTS)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Metcash Limited (ASX:MTS)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Metcash Limited (ASX:MTS)
DateHeadline
07/21/16 08:09 AMAustralian Competition and Consumer Commission : ACCC accepts Metcash undertaking paving way for Home Timber bid
07/21/16 08:09 AMIs Metcash Limited a buy after winning ACCC approval?
07/20/16 09:18 PMMetcash's Home Timber bid gets ACCC nod - [AAP] - The competition watchdog won't oppose Metcash's bid for Woolworths' Home Timber and Hardware business after the supermarket wholesaler promised to let stores buy products from other sources. Metcash, which already owns Mitre 10 hardware chain, made a court-enforceable undertaking to address the Australian Competition and Consumer Commission's concerns that the deal would leave it as the only full-service wholesale options for independent hardware and home improvement retailers. "We decided to accept Metcash's undertaking, which should provide independent retailers with the ability to bypass Metcash by using buying groups or negotiating directly with manufacturers.
07/20/16 06:00 PMCan the Burson Group Ltd share price hit $6 in 2016?
07/19/16 11:53 PMIGA boss vouches for ex-Dick Smith chair - [AAP] - The boss of Australia's largest independent supermarket operator has defended Metcash chairman Rob Murray in the face of calls for him to resign over his former role at Dick Smith. Ritchies IGA chief executive Fred Harrison has told AAP Mr Murray, the former chairman of the failed Dick Smith chain, is one of the "most ethical and straight shooting" businesspeople he knows. Mr Harrison said he would be disappointed if Mr Murray had to step down as the chairman of IGA supplier Metcash in the wake of Dick Smith's collapse, as called for by the Australian Shareholders' Association (ASA).
07/18/16 11:07 PMMetcash Ltd. breached its 50 day moving average in a Bullish Manner : MTS-AU : July 19, 2016 -
07/13/16 03:21 AMMetcash defends ex-Dick Smith chairman - [AAP] - IGA supplier Metcash is standing by its chairman Rob Murray who is facing pressure to step down for his involvement in the failure of iconic Australian brand Dick Smith. The Australian Shareholders Association (ASA) says Mr Murray, the former chairman of Dick Smith, should consider quitting or at least stand for re-election at the company's annual general meeting in August. The ASA issued its call on Wednesday as Dick Smith administrator McGrathNicol released its report to creditors, saying creditors of the collapse retailer stood to lose in excess of $260 million.
07/11/16 05:21 PMSupermarket shares could keep falling on margin pressures
07/05/16 02:04 AMMetcash Home Hardware offer under scrutiny - [AAP] - Australia's competition regulator is calling for comments on Metcash's draft undertaking to resolve competition concerns over its proposed acquisition of rival hardware wholesaler Home Timber & Hardware. Supermarket wholesaler Metcash owns Mitre 10, a staunch rival to retail giant Woolworths's Home Timber & Hardware chain. The Australian Competition and Consumer Commission said Mitre 10 and Home Timber & Hardware are the only full-service wholesale options for independent hardware and home improvement retailers.
06/30/16 12:30 AMACCC postpones hardware decision - [AAP] - The competition watchdog has postponed its decision on whether to allow the Metcash-owned Mitre 10 hardware chain to buy Woolworths' Home Timber and Hardware stores. The Australian Competition and Consumer Commission had been scheduled to announce its final decision on Thursday, but is considering an undertaking by Metcash in response to issues raised by the watchdog. The ACCC says it has not set a new deadline to rule on the possible fate of Home Timber and Hardware stores, which Woolworths is offloading as it exits the hardware sector.
06/22/16 10:02 AMSupermarket crash! Metcash Limited vs Woolworths Limited
06/20/16 11:55 PMMetcash structurally challenged: UBS - [Other] - IGA supplier Metcash may struggle to sustain the food and grocery price cuts upon which it is relying to keep up with rival supermarkets. "We believe Metcash is structurally challenged and is facing significant headwinds, despite measures taken to level the playing field via price match," a report by UBS analysts said. The report said Metcash's turnaround strategy, which includes matching Coles' and Woolworths' prices on a core basket of goods, would deliver short-term results but that it may not be an effective long-term strategy.
06/20/16 11:05 PMMetcash Ltd. breached its 50 day moving average in a Bearish Manner : MTS-AU : June 21, 2016 - [at Capital Cube] - Click here to see latest analysis*Disclaimer : This is as of previous day’s closing price.Technical IndicatorsBelow is a quick look at 5 technical indicators for Metcash Ltd.. More studies are available on the Technical Chart.IndicatorSignalClosing Price above/below 50 Day Moving AverageBearishClosing Price above/below 200 Day Moving AverageBullish50 Day Moving Average above/below 200 Day Moving AverageBullishRSI […] (Read more...) The post Metcash Ltd. breached its 50 day moving average in a Bearish Manner : MTS-AU : June 21, 2016 appeared first on CapitalCube.
06/20/16 04:26 AMMarket Wrap: Aus shares close 1.82% higher
06/20/16 04:26 AMCRASH: Why Metcash Limited shares tanked 14%
06/20/16 02:11 AMSupermarket price war hurts Metcash - [AAP] - Supermarket wholesaler Metcash has taken a huge earnings hit to its core food and grocery business as it tries to keep up with Coles and Woolworths while fending off Aldi. Metcash, which supplies independent supermarkets, including IGA, Foodland and Foodworks stores, posted a $216.5 million annual net profit on Monday, bouncing back from a $384.2 million loss 12 months ago. The decline offset growth in the group's two other divisions, hardware and liquor, to drag Metcash's overall EBIT down 7.4 per cent to $275.4 million.
06/19/16 11:12 PMMetcash shares slump on outlook - [AAP] - Shares in Metcash have tumbled after its core food and grocery business suffered a significant fall in profit as it tries to keep up with the major supermarkets' price cuts. The group, which supplies independent supermarkets, including IGA, Foodland and Foodworks stores, has posted a $216.5 million annual net profit, bouncing back from a $384.2 million loss 12 months ago. Metcash shares initially rose on the good headline figure but fell as the market absorbed the details, with the stock plunging by up to 14 per cent.
06/19/16 07:56 PMMetcash swings into black - [AAP] - Metcash has returned to profit and plans to reinstate dividends as the company's transformation strategy starts to pay off. Metcash, which supplies independent supermarkets, including IGA, Foodland and Foodworks stores, has been matching the prices of Coles and Woolworths on a range of basket of goods as Aldi expands into South Australia and Western Australia. Chief executive Ian Morrice says the strong result means the group plans to reintroduce dividend payments after it stopped them in the 2014/15 year.
06/19/16 06:34 AMPreliminary 2016 Metcash Ltd Earnings Call scheduled for 8:30 pm ET today -
06/19/16 06:07 AMPreliminary 2016 Metcash Ltd Earnings Release - Before Market Open -
06/10/16 08:16 AMAustralia stocks lower at close of trade; S&P/ASX 200 down 0.93%
05/16/16 05:15 PMETF’s with exposure to Metcash Ltd. : May 16, 2016 -
05/13/16 11:02 PMMetcash Ltd. breached its 50 day moving average in a Bullish Manner : MTS-AU : May 14, 2016 - [at Capital Cube] - Click here to see latest analysis*Disclaimer : This is as of previous day’s closing price.Technical IndicatorsBelow is a quick look at 5 technical indicators for Metcash Ltd.. More studies are available on the Technical Chart.IndicatorSignalClosing Price above/below 50 Day Moving AverageBullishClosing Price above/below 200 Day Moving AverageBullish50 Day Moving Average above/below 200 Day Moving AverageBullishRSI […] (Read more...) The post Metcash Ltd. breached its 50 day moving average in a Bullish Manner : MTS-AU : May 14, 2016 appeared first on CapitalCube.
04/28/16 11:02 PMMetcash Ltd. breached its 50 day moving average in a Bullish Manner : MTS-AU : April 29, 2016 - [at Capital Cube] - Click here to see latest analysis*Disclaimer : This is as of previous day’s closing price.Technical IndicatorsBelow is a quick look at 5 technical indicators for Metcash Ltd.. More studies are available on the Technical Chart.IndicatorSignalClosing Price above/below 50 Day Moving AverageBullishClosing Price above/below 200 Day Moving AverageBullish50 Day Moving Average above/below 200 Day Moving AverageBullishRSI […] (Read more...) The post Metcash Ltd. breached its 50 day moving average in a Bullish Manner : MTS-AU : April 29, 2016 appeared first on CapitalCube.
04/09/16 01:01 PMShould You Buy Metcash Limited at This Price? - Money Morning Australia - Should You Buy Metcash Limited at This Price?Money Morning AustraliaThe Metcash Limited [ASX:MTS] share price lost marginally today, while the Aussie stock index struggled for gains. The rebound in the energy market overnight has not helped the commodity stocks very much, and that has been a drag for the entire market ...
04/02/16 01:51 PM3 reasons to watch out for Wesfarmers Ltd shares - Motley Fool Australia - 3 reasons to watch out for Wesfarmers Ltd sharesMotley Fool AustraliaThe company's long-standing and experienced management team have campaigned well against rivals Woolworths Limited (ASX: WOW) and Metcash Limited (ASX: MTS) for many years. It now appears best placed to deal with competition from the likes of ...
04/02/16 01:51 PM3 reasons to watch out for Wesfarmers Ltd shares - and Metcash Limited (ASX: MTS) for many years. It now appears best placed to deal with competition from the likes of Aldi and Costco. So although it is far from a gangbusters growth stock, it’s certainly not void of growth, either. Wesfarmers has a ...
03/30/16 11:03 PMMetcash Ltd. breached its 50 day moving average in a Bearish Manner : MTS-AU : March 31, 2016 - [at Capital Cube] - Click here to see latest analysis*Disclaimer : This is as of previous day’s closing price.Technical IndicatorsBelow is a quick look at 5 technical indicators for Metcash Ltd.. More studies are available on the Technical Chart.IndicatorSignalClosing Price above/below 50 Day Moving AverageBearishClosing Price above/below 200 Day Moving AverageBullish50 Day Moving Average above/below 200 Day Moving AverageBullishRSI […] (Read more...) The post Metcash Ltd. breached its 50 day moving average in a Bearish Manner : MTS-AU : March 31, 2016 appeared first on CapitalCube.
03/08/16 11:01 PMMetcash Ltd. breached its 50 day moving average in a Bullish Manner : MTS-AU : March 9, 2016 - [Other] - Click here to see latest analysis*Disclaimer : This is as of previous day’s closing price.Technical IndicatorsBelow is a quick look at 5 technical indicators for Metcash Ltd.. More studies are available on the Technical Chart.IndicatorSignalClosing Price above/below 50 Day Moving AverageBullishClosing Price above/below 200 Day Moving AverageBullish50 Day Moving Average above/below 200 Day Moving AverageBullishRSI […] (Read more...) The post Metcash Ltd. breached its 50 day moving average in a Bullish Manner : MTS-AU : March 9, 2016 appeared first on CapitalCube.
02/26/16 11:03 PMMetcash Ltd. breached its 50 day moving average in a Bearish Manner : MTS-AU : February 27, 2016 - [Other] - Click here to see latest analysis*Disclaimer : This is as of previous day’s closing price.Technical IndicatorsBelow is a quick look at 5 technical indicators for Metcash Ltd.. More studies are available on the Technical Chart.IndicatorSignalClosing Price above/below 50 Day Moving AverageBearishClosing Price above/below 200 Day Moving AverageBullish50 Day Moving Average above/below 200 Day Moving AverageBullishRSI […] (Read more...) The post Metcash Ltd. breached its 50 day moving average in a Bearish Manner : MTS-AU : February 27, 2016 appeared first on CapitalCube.
02/24/16 01:43 PMWesfarmers Ltd's share price falls on resources crash - Motley Fool Australia - Wesfarmers Ltd's share price falls on resources crashMotley Fool AustraliaThe same cannot be said for Metcash Limited (ASX: MTS) (owner of IGA) and Woolworths Limited (ASX: WOW). Wesfarmers' shares are a little expensive for my liking, but investors could do worse than add it to their long-term watchlists, in my opinion.and more »
02/18/16 12:46 PM4 ASX shares thumping the market today - Motley Fool Australia - 4 ASX shares thumping the market todayMotley Fool AustraliaAn overnight surge in oil prices appears to be the only explanation for the surge in the LNG Ltd share price. Indeed, LNG Ltd did not release any material news today, but is seeking to construct tolling and export facilities which turn natural gas into ...and more »
02/18/16 12:46 PMWhy the Burson Group Ltd share price jumped today - Motley Fool Australia - Why the Burson Group Ltd share price jumped todayMotley Fool AustraliaWhile it was only operating as a parts and components distributor then, it has since expanded into the wholesale, chain workshops and retail distribution sections of the supply model thanks to its acquisition of Metcash Limited's (ASX: MTS) automotive ...and more »
02/12/16 02:31 PMMetcash Ltd. – Value Analysis (ASX:MTS) : February 12, 2016 -
02/11/16 11:06 PMMetcash Ltd. breached its 50 day moving average in a Bullish Manner : February 12, 2016 -
02/11/16 12:06 PMIs the Burson share price headed above $5.00? - Motley Fool Australia - Is the Burson share price headed above $5.00?Motley Fool AustraliaIn June last year, Burson agreed to purchase the Automotive division from Metcash Limited (ASX: MTS) for $275 million. That gave Burson an additional wholesale and distribution capability, with 10 distribution centres distributing 130,000 items to ...and more »
02/10/16 12:14 PMAre Carsales.Com Ltd, Greencross Limited, and Flight Centre Travel Group Ltd set to crash this reporting season? - Motley Fool Australia - Are Carsales.Com Ltd, Greencross Limited, and Flight Centre Travel Group Ltd set to crash this reporting season?Motley Fool AustraliaWhile Flight Centre, Greencross and Carsales show that even successful companies can catch the eye of short sellers, struggling companies may be even less fortunate. Short interest in Myer Ltd (ASX: MYR), Metcash Limited (ASX: MTS), and Monadelphous ...
02/05/16 11:25 AMAldi could smash the profits of Woolworths Limited and Metcash Limited - Motley Fool Australia - Aldi could smash the profits of Woolworths Limited and Metcash LimitedMotley Fool AustraliaShould Woolworths Limited (ASX: WOW), Coles – operated by Wesfarmers Ltd (ASX: WES), and Metcash Limited (ASX: MTS) be worried, or is there room for four players in the industry? Being from Britain, Aldi supermarkets are nothing new to me and not ...and more »
01/25/16 10:18 AMThese 5 shares are crushing the S&P/ASX 200 in 2016 - Motley Fool Australia - These 5 shares are crushing the S&P/ASX 200 in 2016Motley Fool Australia... included premium revenue growth of between 4.5% and 5% (previously “above 5.5%”), and a management expense ratio of 8.5% (previously “8.3%”). Metcash Limited (ASX: MTS) had an outstanding week last week, beating the S&P/ASX 200 by 15.5%.and more »
01/22/16 10:08 AMResignation of Group General Counsel & Company Secretary - It appears you do not have Adobe Reader or PDF support in your web browser. Download this announcement via the 'Download' link above instead. Global fund managers are downbeat on prospects for the US and global economy over the next 12 months and have ...
01/21/16 05:22 PMAre Metcash Limited shares cheap? - Motley Fool Australia - Are Metcash Limited shares cheap?Motley Fool AustraliaShares in Metcash Limited (ASX: MTS) have barely budged so far this year and found themselves down just short of 1% from where they closed at in 2015. This is a comparatively good performance for the distributor to brands including IGA, Foodland, Mitre ...and more »
01/20/16 10:36 PMAre Metcash Limited shares cheap? - [Other] - Metcash Limited (ASX:MTS) is trading at a low PE ratio, but is it cheap?
01/19/16 09:47 AMPost Masters Exit, Woolworths Challenges Remain - The main beneficiaries of the decision to exit are considered to be rival hardware store owners, primarily Bunnings, as well as Metcash ((MTS)) which supplies the ... with some synergies likely, and, with limited bidding tension in Macquarie's view ...
01/19/16 09:47 AMCeasing to be a substantial holder-J.P.Morgan - It appears you do not have Adobe Reader or PDF support in your web browser. Download this announcement via the 'Download' link above instead. The Aussie dollar took a brief knock on Tuesday afternoon after new data showed China's economy grew at the ...
01/18/16 09:44 AMHow Bunnings could benefit from the failure of Masters - Motley Fool Australia - How Bunnings could benefit from the failure of MastersMotley Fool Australia... early stage, it is unclear whether long-term shareholders will be winners from the decision or not, but there are two clear beneficiaries: Bunnings Warehouse, owned by Wesfarmers Ltd (ASX: WES), as well as Mitre 10, owned by Metcash Limited (ASX ...and more »
01/18/16 09:44 AMHere's why these 4 shares smashed the market today - Motley Fool Australia - Here's why these 4 shares smashed the market todayMotley Fool AustraliaMetcash Limited (ASX: MTS) shares gained 5.9% to $1.60 today, likely as a result of Woolworths' announcement – Metcash owns Mitre 10, a competing hardware chain. It's a rare piece of news that lifts both Metcash's and Woolworths' share price, but it ...and more »
01/18/16 06:55 AMAustralia's Wesfarmers takes DIY prowess to Britain with $1.2 bln deal - [Reuters] - Australia's biggest retail group Wesfarmers Ltd unveiled on Monday a A$1.7 billion ($1.2 billion) expansion into Britain's hardware sector, betting on an extension of the DIY craze that turned its Bunnings stores into the market leader at home. Wesfarmers, which also owns the Coles supermarket chain, said in a stock exchange filing that it plans to buy the Homebase unit of Britain's Home Retail Group Plc for A$705 million and then spend another 500 million pounds ($714.85 million) refurbishing its 265 stores. Last week, Home Retail Group said it was in advanced talks to sell Homebase as part of a "transformation" plan, and warned its annual profit was likely to come in at the bottom of a 92 million-118 million pound range ($131.31 million-$168.42 million).
01/16/16 06:29 PMThe investing lessons to learn from the Dick Smith Holdings Ltd failure - Motley Fool Australia - The investing lessons to learn from the Dick Smith Holdings Ltd failureMotley Fool AustraliaThe failure of Dick Smith Holdings Ltd (ASX: DSH) just two years after listing on the ASX has been labelled by others as a debacle, a failure, a heist, and a disgrace, however investors need to use opportunities like this to reflect on what we can ...and more »
11/29/15 06:27 PMMetcash Limited 2016 Half Year Financial Report - [at noodls] - a62aef91-b6a7-4628-ab56-226b89954f65.pdf METCASH LIMITED ABN 32 112 073 480 1 THOMAS HOLT DRIVE MACQUARIE PARK NSW 2113 AUSTRALIA 30 November 2015 Market Announcements Office Australian Securities Exchange ...
11/29/15 05:30 PMInterim 2016 Metcash Ltd Earnings Presentation Call scheduled for 6:30 pm ET today -

Social

About Metcash Limited

Metcash Limited logoMetcash Limited (Metcash) is a wholesale distribution and marketing company. The Company specializes in grocery, fresh food, liquor, hardware and automotive parts, and accessories. The Company's operating segments include Food & Grocery, Liquor, and Hardware & Automotive. The Company's Food & Grocery segment is engaged in the distribution of grocery, perishable and general merchandise supplies to retail outlets. The Company's Liquor segment is engaged in the distribution of liquor products to retail outlets and hotels. The Company's Hardware & Automotive segment is engaged in the distribution of hardware supplies and automotive parts to retail outlets. Metcash's customers are independently owned grocery and liquor stores, and also include hardware and automotive part stores, which operate under its portfolio of brands, including IGA, Mitre 10, Cellarbrations and Autobarn. Its other brands include Bottle-O, Autopro, 7-Eleven, BP and Liquormart.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: ASX
  • Symbol: MTS
  • CUSIP:
Key Metrics:
  • Previous Close: $1.62
  • 50 Day Moving Average: $1.98
  • 200 Day Moving Average: $1.80
  • P/E Ratio: 9.18
  • P/E Growth: 0.00
  • Market Cap: $1.99B
  • Current Year EPS Consensus Estimate: $ EPS
  • Next Year EPS Consensus Estimate: $ EPS
Additional Links: