Volex (VLX) Share Price, News & Analysis

Company Overview

Volex plc (AIM: VLX) is a driving force in integrated manufacturing for mission-critical applications and a global leader in power and data connectivity solutions. Our diverse operations support international blue-chip customers in five key sectors: Electric Vehicles, Consumer Electricals, Medical, Complex Industrial Technology and Off-Highway. Headquartered in the UK, we orchestrate operations across 28 advanced manufacturing facilities, uniting over 14,000 dynamic individuals from 25 different nations. Our extraordinary products find their way to market through our localised sales teams and authorised distributor partners, supporting Original Equipment Manufacturers and Electronic Manufacturing Services companies across the globe. In a world that grows more digitally complex by the day, customers trust us to deliver power and connectivity that drives everything from household essentials to life-saving medical equipment. Learn more at www.volex.com.

Key Stats

• Today's Range: 347 to 358
• 50-Day Range: 308 to 389
• 52-Week Range: 190 to 394
• Volume: 287,696 shs
• Average Volume: 593,383 shs
• Market Capitalization: £817.57 million
• P/E Ratio: 18.97
• Dividend Yield: 1.13%
• Price Target: GBX 400
• Consensus Rating: Buy

Volex Stock Analysis - MarketRank™

Volex scored higher than 42% 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: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Volex has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

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

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Volex is 19.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 28.78.

Price to Earnings Ratio vs. Sector

The P/E ratio of Volex is 19.00, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 26.11.

Price to Book Value per Share Ratio

Volex has a P/B Ratio of 1.86. 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 VLX.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Volex pays a meaningful dividend of 1.21%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Volex is 21.53%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for VLX.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.32

News Sentiment

Volex has a news sentiment score of 0.32. 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 lower news sentiment than the 0.81 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Volex this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for VLX on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

32.77% of the stock of Volex is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 34.96% of the stock of Volex is held by institutions.

VLX Stock Analysis - Frequently Asked Questions

How have VLX shares performed this year?

Volex's stock was trading at GBX 282 at the start of the year. Since then, VLX stock has increased by 25.2% and is now trading at GBX 353.

How do I buy shares of Volex?

Shares of VLX 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.

What other stocks do shareholders of Volex own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Volex investors own include Lloyds Banking Group (LLOY), GSK (GSK), boohoo group (BOO), JD Sports Fashion (JD), Vodafone Group Public (VOD), BP (BP) and Glencore (GLEN).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Industrials
• Industry: Electrical Equipment & Parts
• Sub-Industry: N/A
• Current Symbol: LON:VLX
• CIK: N/A
• Web: www.volex.com
• Phone: +44-20-33708830
• Fax: N/A
• Employees: 12,000
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Volex: GBX 400
• High Price Target: GBX 430
• Low Price Target: GBX 340
• Potential Upside/Downside: +13.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX 18.58
• Trailing P/E Ratio: 19.00
• Forward P/E Ratio: 11.41
• P/E Growth: N/A
• Net Income: £54.37 million
• Net Margins: 4.21%
• Pretax Margin: N/A
• Return on Equity: 12.97%
• Return on Assets: 6.30%

Debt

• Debt-to-Equity Ratio: 64.83
• Current Ratio: 1.53
• Quick Ratio: 1.04

Sales & Book Value

• Annual Sales: £1.29 billion
• Price / Sales: 0.63
• Cash Flow: GBX 21.42 per share
• Price / Cash Flow: 16.48
• Book Value: GBX 190 per share
• Price / Book: 1.86

Miscellaneous

• Outstanding Shares: 231,935,353
• Free Float: N/A
• Market Cap: £818.73 million
• Optionable: Not Optionable
• Beta: 1.03