Norcros (NXR) Share Price, News & Analysis

Company Overview

Norcros is a market leading group of brands providing design led, high quality bathroom and kitchen products with operations primarily in the UK and South Africa. Based in the UK, Norcros operates under six brands: · Triton – Market leader in the manufacture and marketing of showers in the UK · Merlyn – UK and Ireland's No.1 supplier of shower enclosures and trays to the residential, commercial, and hospitality sectors · Grant Westfield – Leading manufacturer of high-end waterproof bathroom wall panels · Vado – Leading manufacturer and supplier of taps, mixer showers, bathroom accessories, and valves · Croydex – Market-leading, innovative designer, manufacturer, and distributor of high-quality bathroom furnishings and accessories · Abode – Leading niche designer and distributor of high-quality kitchen taps, bathroom taps, and kitchen sinks Based in South Africa, Norcros operates under four brands: · Tile Africa – Chain of retail stores focused on ceramic and porcelain tiles and associated products such as sanitaryware, showers, and adhesives · Johnson Tiles South Africa – Manufacturer of ceramic and porcelain tiles · TAL – Leading manufacturer of ceramic and building adhesives in South Africa · House of Plumbing – Market-leading supplier of specialist plumbing materials Norcros is headquartered in Wilmslow, Cheshire and employs around 2,100 people. The Company is listed on the London Stock Exchange. For further information please visit the Company website: http://www.norcros.com

Key Stats

• Today's Range: 294 to 310
• 50-Day Range: 287 to 321
• 52-Week Range: 262 to 374
• Volume: 72,570 shs
• Average Volume: 150,153 shs
• Market Capitalization: £262.65 million
• P/E Ratio: 980.00
• Dividend Yield: 3.77%
• Price Target: GBX 470
• Consensus Rating: Buy

Norcros Stock Analysis - MarketRank™

Norcros scored higher than 62% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.9 / 5
• Analyst Rating: Buy

Consensus Rating

Norcros has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no strong buy ratings, 2 buy ratings, no hold ratings, and no sell ratings.

Upside Potential

Norcros has a consensus price target of GBX 470, representing about 51.6% upside from its current price of GBX 310.

Amount of Analyst Coverage

Norcros has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Norcros is 1,033.33, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.43.

Price to Earnings Ratio vs. Sector

The P/E ratio of Norcros is 1,033.33, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 32.45.

Price to Book Value per Share Ratio

Norcros has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for NXR.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Norcros is a leading dividend payer. It pays a dividend yield of 3.77%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Norcros does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Norcros is 3,533.33%. Payout ratios above 75% are not desirable because they may not be sustainable.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: N/A

News Sentiment

Norcros has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Norcros this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Norcros insiders have not sold or bought any company stock.

Percentage Held by Insiders

35.31% of the stock of Norcros is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

70.10% of the stock of Norcros is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Industrials
• Industry: Building Products
• Sub-Industry: Building Products
• Current Symbol: LON:NXR
• CIK: N/A
• Web: www.norcros.com
• Phone: +44-1625-549010
• Fax: N/A
• Employees: 2,400
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Norcros: GBX 470
• High Price Target: GBX 630
• Low Price Target: GBX 340
• Potential Upside/Downside: +59.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX 0.30
• Trailing P/E Ratio: 983.33
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: £26.81 million
• Net Margins: 0.08%
• Pretax Margin: N/A
• Return on Equity: 0.15%
• Return on Assets: 6.15%

Debt

• Debt-to-Equity Ratio: 65.07
• Current Ratio: 1.92
• Quick Ratio: 0.91

Sales & Book Value

• Annual Sales: £393.40 million
• Price / Sales: 0.67
• Cash Flow: GBX 56.56 per share
• Price / Cash Flow: 5.22
• Book Value: GBX 248.77 per share
• Price / Book: 1.19

Miscellaneous

• Outstanding Shares: 89,338,000
• Free Float: N/A
• Market Cap: £263.55 million
• Optionable: Not Optionable
• Beta: 1.05