LON:KITW

Kitwave Group (KITW) Share Price, News & Analysis

GBX 378
-2.00 (-0.53%)
(As of 04:38 PM ET)
Today's Range
377.50
382
50-Day Range
330
406.50
52-Week Range
236.40
409.50
Volume
142,446 shs
Average Volume
174,803 shs
Market Capitalization
£265.02 million
P/E Ratio
1,453.85
Dividend Yield
2.91%
Price Target
GBX 455
KITW stock logo

About Kitwave Group Stock (LON:KITW)

Kitwave Group plc engages in the wholesale business in the United Kingdom. It operates in three divisions: Ambient, Frozen & Chilled, and Foodservice. The Ambient division supplies confectionery, soft drinks, crisps and snacks, and tobacco. This division serves independent convenience stores, vending operators, national retailers, and other UK wholesalers. The Frozen & Chilled division offers ice creams, pizzas, chips, and ready meals, as well as a range of chilled products. It serves independent convenience stores, leisure outlets, and UK wholesalers. The Foodservice division provides frozen, chilled, and ambient food, as well as alcohol and soft drinks to independent traditional foodservice outlets, including bars, restaurants, and leisure outlets, as well as customers in the care home and education sectors. Kitwave Group plc was founded in 1987 and is headquartered in North Shields, the United Kingdom.

KITW Stock Price History

KITW Stock News Headlines

Kitwave Group PLC 8R9
Kitwave Group PLC KITW
This nimble wholesaler can hold its own against large rivals
See More Headlines
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Company Calendar

Ex-Dividend for 4/26 Dividend
4/04/2024
Dividend Payable
4/26/2024
Today
5/16/2024

Industry, Sector and Symbol

Industry
Food Distribution
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 455
High Stock Price Target
GBX 455
Low Stock Price Target
GBX 455
Potential Upside/Downside
+20.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
£18.96 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£602.22 million
Cash Flow
GBX 17.04 per share
Book Value
GBX 121 per share

Miscellaneous

Free Float
N/A
Market Cap
£264.67 million
Optionable
Not Optionable
Beta
0.86
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Key Executives

  • Mr. Benjamin John Maxted A.C.A. (Age 41)
    CEO & Director
    Comp: $314.28k
  • Mr. David L. Brind F.C.A. (Age 52)
    CFO & Director
    Comp: $319.42k
  • Mr. Jay MacKay
    Managing Director of On-Trade Division - Foodservice
  • Mr. Mark Earl F.C.A.
    Group Financial Controller

KITW Stock Analysis - Frequently Asked Questions

Should I buy or sell Kitwave Group stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kitwave Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" KITW shares.
View KITW analyst ratings
or view top-rated stocks.

What is Kitwave Group's stock price target for 2024?

1 analysts have issued 1-year price objectives for Kitwave Group's stock. Their KITW share price targets range from GBX 455 to GBX 455. On average, they expect the company's stock price to reach GBX 455 in the next year. This suggests a possible upside of 20.4% from the stock's current price.
View analysts price targets for KITW
or view top-rated stocks among Wall Street analysts.

How have KITW shares performed in 2024?

Kitwave Group's stock was trading at GBX 255 at the start of the year. Since then, KITW stock has increased by 48.2% and is now trading at GBX 378.
View the best growth stocks for 2024 here
.

How often does Kitwave Group pay dividends? What is the dividend yield for Kitwave Group?

Kitwave Group announced a dividend on Wednesday, February 28th. Shareholders of record on Thursday, April 4th will be paid a dividend of GBX 7.45 per share on Friday, April 26th. This represents a dividend yield of 2.51%. The ex-dividend date is Thursday, April 4th. This is an increase from the stock's previous dividend of GBX 3.75. The official announcement can be viewed at this link.
Read our dividend analysis for KITW
.

Is Kitwave Group a good dividend stock?

Kitwave Group (LON:KITW) pays an annual dividend of GBX 11 per share and currently has a dividend yield of 2.88%. The dividend payout ratio is 4,230.77%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for KITW.

How do I buy shares of Kitwave Group?

Shares of KITW stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:KITW) was last updated on 5/16/2024 by MarketBeat.com Staff

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