ASX:REHReece Stock Price, Forecast & News

A$8.22

-0.04 (-0.48 %)

(As of 05/13/2020)

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Today's Range

A$8.06

Now: A$8.22▼

A$8.32

50-Day Range

A$7.93

MA: A$8.55▼

A$10.24

52-Week Range

A$7.70

Now: A$8.22▼

A$11.91

Volume240,065 shs

Average VolumeN/A

Market Capitalization$5.26 billion

P/E Ratio20.05

Dividend Yield2.32%

BetaN/A

Reece Limited engages in importing, wholesaling, distributing, marketing, and retailing plumbing, bathroom, heating, ventilation, air-conditioning, and refrigeration products in Australia and New Zealand. It also provides specialized services; and supplies plumbing and bathroom products to volume home builders and commercial developers, as well as specialized products and services for irrigation contractors, landscape designers, pool builders, and home owners. In addition, the company offers specialized products and services for civil construction works, including water mains, sewerage, drainage, fire services, gas mains, and telecommunications; and specialized equipment, parts, and supplies for the commercial heating, ventilation, air conditioning, and refrigeration industries. It serves customers in the trade, retail, professional, and commercial markets through its approximately 615 stores. The company was formerly known as Reece Australia Limited and changed its name to Reece Limited in November 2015. Reece Limited was founded in 1919 and is based in Burwood, Australia.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Reece.

2.4 Community Rank

Outperform Votes
Reece has received 13 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Reece has received 14 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Reece has received 51.85% “underperform” votes from our community.

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

2.5 Dividend Strength

Dividend Leadership
Reece is a leading dividend payer. It pays a dividend yield of 2.32%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Reece does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Reece is 48.78 %. 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, Reece insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Reece are expected to decrease by -100.00% in the coming year, from A$2.12 to A$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Reece is 20.05, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.89.
Price to Earnings Ratio vs. Sector
The P/E ratio of Reece is 20.05, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 11.02.
Price to Book Value per Share Ratio
Reece has a P/B Ratio of 2.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

0.98 out of 5 stars

Industry, Sector and Symbol

Stock Exchange ASX

Industry Industrial Distribution

Sub-IndustryN/A

SectorIndustrials

Current SymbolASX:REH

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.reecegroup.com.au

Phone61 3 9274 0000

Debt

Debt-to-Equity Ratio121.87

Current Ratio2.20

Quick Ratio1.09

Price-To-Earnings

Trailing P/E Ratio20.05

Forward P/E Ratio3.87

P/E GrowthN/A

Sales & Book Value

Annual Sales$5.71 billion

Price / Sales0.92

Cash FlowA$0.18 per share

Price / Cash Flow44.67

Book ValueA$3.60 per share

Price / Book2.28

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares639,772,992

Market Cap$5.26 billion

Next Earnings DateN/A

OptionableNot Optionable

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Reece (ASX:REH) Frequently Asked Questions

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

Reece's stock was trading at A$10.89 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, REH shares have decreased by 24.5% and is now trading at A$8.22. View which stocks have been most impacted by Coronavirus.

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

Reece announced a Interim dividend on Friday, February 28th. Stockholders of record on Thursday, March 26th will be paid a dividend of 0.06 per share on Thursday, March 26th. This represents a dividend yield of 0.52%. The ex-dividend date of this dividend is Tuesday, March 17th. View Reece's dividend history.

Has Reece been receiving favorable news coverage?

News stories about REH stock have been trending somewhat negative this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Reece earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutReece.

Who are some of Reece's key competitors?

Some companies that are related to Reece include Ferguson (FERG), Toromont Industries (TIH), Hardwoods Distribution (HDI), SIG (SHI), Wajax (WJX), Rocky Mountain Dealerships (RME), Austin Engineering (ANG), Flowtech Fluidpower (FLO), Coventry Group (CYG), Boom Logistics (BOL), T.F & J.H. Braime (BMT), Saferoads (SRH), BRA& JHHL/PAR VTG FPD 0.25 (BMTO), FTI Foodtech International (FTI) and Augusta Industries (AAO). View all competitors.

Who are Reece's key executives?

Reece's management team includes the following people:

Mr. Leslie Alan Wilson, Exec. Chairman (Age 78)
Mr. Peter J. Wilson, CEO, MD & Exec. Director (Age 51)
Mr. Gavin W. Street, CFO & Company Sec. (Age 50)
Adrian Palumbo, Chief Marketing & Supply Officer

What is Reece's stock symbol?

Reece trades on the ASX under the ticker symbol "REH."

What is Reece's stock price today?

One share of REH stock can currently be purchased for approximately A$8.22.

How big of a company is Reece?

Reece has a market capitalization of $5.26 billion and generates $5.71 billion in revenue each year.

What is Reece's official website?

The official website for Reece is www.reecegroup.com.au.

How can I contact Reece?

The company can be reached via phone at 61 3 9274 0000.

This page was last updated on 5/31/2020 by MarketBeat.com Staff