ASX:PPCPeet Stock Price, Forecast & News

A$0.71

+0.01 (+1.43 %)

(As of 05/12/2020)

Add

Compare

Today's Range

A$0.71

Now: A$0.71▼

A$0.73

50-Day Range

A$0.71

MA: A$0.74▼

A$0.82

52-Week Range

A$0.56

Now: A$0.71▼

A$1.45

Volume1.79 million shs

Average Volume108,433 shs

Market Capitalization$341.93 million

P/E Ratio11.60

Dividend Yield4.00%

BetaN/A

Peet Limited acquires, develops, and markets residential land in Australia. The company operates through Funds Management, Company-Owned Projects, and Joint Arrangements segments. The Funds Management segment provides underwriting, capital raising, and asset identification services. The Company-Owned Projects segment acquires parcels of land for residential development purpose, as well as produces non-residential blocks of land. The Joint Arrangements segment undertakes the development of land through joint arrangements with government, statutory authorities, and private landowners. As of June 30, 2018, it managed and marketed a land bank of approximately 49,000 lots. Peet Limited was founded in 1895 and is based in Perth, Australia.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Peet.

2.6 Community Rank

Outperform Votes
Peet has received 71 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Peet has received 65 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Peet has received 52.21% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Peet and other stocks. Vote “Outperform” if you believe PPC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PPC will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Peet is a leading dividend payer. It pays a dividend yield of 4.00%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Peet does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Peet is 65.57 %. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Peet insiders have sold 33,323.77% more of their company's stock than they have bought. Specifically, they have bought A$1,843.00 in company stock and sold A$616,000.00 in company stock.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Peet are expected to decrease by -100.00% in the coming year, from A$0.08 to A$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Peet is 11.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.35.
Price to Earnings Ratio vs. Sector
The P/E ratio of Peet is 11.60, which means that it is trading at a more expensive P/E ratio than the Real Estate sector average P/E ratio of about 10.04.
Price to Book Value per Share Ratio
Peet has a P/B Ratio of 0.64. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.27 out of 5 stars

Industry, Sector and Symbol

Stock Exchange ASX

Industry Real Estate - General

Sub-IndustryN/A

SectorReal Estate

Current SymbolASX:PPC

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.peet.com.au

Phone+61-8-94201111

Debt

Debt-to-Equity Ratio53.51

Current Ratio1.79

Quick Ratio0.54

Price-To-Earnings

Trailing P/E Ratio11.60

Forward P/E Ratio8.85

P/E GrowthN/A

Sales & Book Value

Annual Sales$228.76 million

Price / Sales1.49

Cash FlowA$0.06 per share

Price / Cash Flow11.79

Book ValueA$1.10 per share

Price / Book0.64

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees250

Outstanding Shares483,300,000

Market Cap$341.93 million

Next Earnings DateN/A

OptionableOptionable

Receive PPC News and Ratings via Email

Sign-up to receive the latest news and ratings for PPC and its competitors with MarketBeat's FREE daily newsletter.

Peet (ASX:PPC) Frequently Asked Questions

How has Peet's stock been impacted by COVID-19 (Coronavirus)?

Peet's stock was trading at A$1.10 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PPC shares have decreased by 35.7% and is now trading at A$0.71. View which stocks have been most impacted by Coronavirus.

How were Peet's earnings last quarter?

Peet Limited (ASX:PPC) issued its quarterly earnings data on Tuesday, February, 26th. The company reported $0.05 earnings per share for the quarter. View Peet's earnings history.

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

Peet announced a Interim dividend on Thursday, February 27th. Shareholders of record on Thursday, April 9th will be paid a dividend of 0.005 per share on Thursday, April 9th. This represents a dividend yield of 0.38%. The ex-dividend date of this dividend is Thursday, March 19th. View Peet's dividend history.

Has Peet been receiving favorable news coverage?

News coverage about PPC stock has trended negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Peet earned a media sentiment score of -2.5 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutPeet.

Who are some of Peet's key competitors?

Some companies that are related to Peet include Countryside Properties (CSP), DIC Asset (DIC), Lifestyle Communities (LIC), WCM Beteiligungs und Grundbesitz (WCMK), Harworth Group (HWG), Melcor Developments (MRD), Consolidated-Tomoka Land (CTO), Raven Property Group (RAV), Finbar Group (FRI), Sunland Group (SDG), Halmont Properties (HMT), Macau Property Opportunities Fund (MPO), Income Opportunity Realty Investors (IOR), OnTheMarket (OTMP) and Terra Firma Capital (TII). View all competitors.

What other stocks do shareholders of Peet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Peet investors own include Medlab Clinical (MDC), Kindred Healthcare (KND), FBR (FBR), Evolve Education Group (EVO), Dacian Gold (DCN), Centurylink (CTL), CCP Technologies (CT1), Bingo Industries (BIN), Afterpay Touch Group (APT) and Alkane Resources (ALK).

Who are Peet's key executives?

Peet's management team includes the following people:

Mr. Brendan David Gore B.Comm, FCPA, FCIS, FGIA, FAICD, MD, CEO & Director
Mr. Brett C. Fullarton, Chief Financial Officer
Mr. Peter James Dumas M App Fin, BEc, Chief Investment Officer
Mr. Dom Scafetta B.Comm, CA, Group Company Sec.
Ms. Anna Ross-Adjie, HR Mang.

What is Peet's stock symbol?

Peet trades on the ASX under the ticker symbol "PPC."

What is Peet's stock price today?

One share of PPC stock can currently be purchased for approximately A$0.71.

How big of a company is Peet?

Peet has a market capitalization of $341.93 million and generates $228.76 million in revenue each year. Peet employs 250 workers across the globe.

What is Peet's official website?

The official website for Peet is www.peet.com.au.

How can I contact Peet?

Peet's mailing address is Mt Newman House, L 7 200 St Georges Tce, PERTH, WAS 6000, Australia. The company can be reached via phone at +61-8-94201111.

This page was last updated on 6/1/2020 by MarketBeat.com Staff