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LON:ABF

Associated British Foods (ABF) Share Price, News & Analysis

GBX 2,471.46
+0.46 (+0.02%)
(As of 04:03 AM ET)
Today's Range
2,458
2,481
50-Day Range
2,437
2,738
52-Week Range
1,907.50
2,770.66
Volume
1.54 million shs
Average Volume
1.02 million shs
Market Capitalization
£18.57 billion
P/E Ratio
1,594.49
Dividend Yield
2.18%
Price Target
GBX 2,250

Associated British Foods MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
8.9% Downside
GBX 2,250 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.11
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Acquiring Shares
£13.92 M Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.60 out of 5 stars

ABF stock logo

About Associated British Foods Stock (LON:ABF)

Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Ingredients, Agriculture, Sugar, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses. The Ingredients segment manufactures bakers' yeast, bakery ingredients, enzymes, lipids, yeast extracts, and cereal specialties. The Agriculture segment manufactures and sells animal feeds; and provides other products and services for the agriculture sector. The Sugar segment is involved in growing, processing, and selling sugar beet and sugar cane to industrial users. The Retail segment is involved in buying and merchandising clothing and accessories through the Primark and Penneys retail chains, which offer women's, men's, and kids wear, as well as beauty, homeware, and accessories. The company was incorporated in 1934 and is headquartered in London, the United Kingdom. Associated British Foods plc operates as a subsidiary of Wittington Investments Limited.

ABF Stock Price History

ABF Stock News Headlines

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Associated British Foods plc (ABF.L)
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Company Calendar

Last Earnings
4/21/2020
Ex-Dividend for 7/5 Dividend
5/30/2024
Dividend Payable
7/05/2024
Today
7/15/2024

Industry, Sector and Symbol

Industry
Packaged Foods
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
133,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 2,250
High Stock Price Target
GBX 2,250
Low Stock Price Target
GBX 2,250
Potential Upside/Downside
-8.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
£1.18 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£19.92 billion
Cash Flow
GBX 402.50 per share
Book Value
GBX 1,461 per share

Miscellaneous

Free Float
N/A
Market Cap
£18.56 billion
Optionable
Not Optionable
Beta
1.23
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Key Executives

  • Mr. George Garfield Weston (Age 60)
    CEO & Executive Director
    Comp: $2.3M
  • Mr. Eoin P. Tonge B Eng (Age 52)
    B.E., Finance Director & Director
    Comp: $3.83M
  • Ms. Sue Whalley (Age 60)
    Chief People & Performance Officer
  • Mr. Paul A. Lister L.L.B. (Age 60)
    Company Secretary
  • Mr. Paul Marchant
    Chief Executive Officer of Primark/Penneys
  • Ms. Lynne Walker
    Director of Primark Cares
  • Ms. Katharine Stewart
    Ethical Trade & Environmental Sustainability Director

Should I Buy Associated British Foods Stock? ABF Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Associated British Foods plc:

  • Associated British Foods insider buying activity indicates confidence in the company's future prospects. Insider buying can be a positive signal for investors, suggesting that those within the company believe the stock is undervalued or poised for growth.
  • Recent dividend payout by Associated British Foods provides investors with a source of income. Dividends are a portion of a company's earnings distributed to shareholders, offering a steady stream of passive income.
  • Analyst ratings, such as the "buy" rating from Shore Capital, can provide investors with additional confidence in the company's performance and growth potential.
  • Associated British Foods operates in multiple segments, including Grocery, Ingredients, Agriculture, Sugar, and Retail, providing diversification and exposure to different sectors of the economy.
  • Stable financial ratios like a current ratio of 1.79 and a quick ratio of 0.93 indicate the company's ability to meet its short-term obligations and manage liquidity effectively.

Cons

Investors should be bearish about investing in Associated British Foods plc for these reasons:

  • The high dividend payout ratio of 3,483.87% may raise concerns about the sustainability of dividend payments in the long term. A high DPR could indicate that the company is paying out more in dividends than it is earning.
  • The company's P/E ratio of 1,611.61 may suggest that the stock is overvalued compared to its earnings. A high P/E ratio could imply that investors are paying a premium for each unit of earnings.
  • Debt-to-equity ratio of 33.71 indicates a significant reliance on debt to finance operations, which can increase financial risk for investors. A high debt-to-equity ratio may lead to higher interest payments and potential financial instability.
  • Market capitalization of £18.77 billion may limit potential growth opportunities for the company. Larger market capitalizations can make it challenging for companies to achieve significant growth rates compared to smaller peers.
  • Recent stock price volatility and a beta of 1.23 suggest that Associated British Foods stock may be subject to market fluctuations and higher risk compared to the market average.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, July 1, 2024. Please send any questions or comments about these Associated British Foods pros and cons to contact@marketbeat.com.

ABF Stock Analysis - Frequently Asked Questions

How have ABF shares performed this year?

Associated British Foods' stock was trading at GBX 2,367 at the beginning of the year. Since then, ABF stock has increased by 4.4% and is now trading at GBX 2,471.
View the best growth stocks for 2024 here
.

How were Associated British Foods' earnings last quarter?

Associated British Foods plc (LON:ABF) released its quarterly earnings data on Tuesday, April, 21st. The company reported $61.80 earnings per share for the quarter, beating the consensus estimate of $61.20 by $0.60. Associated British Foods had a net margin of 5.92% and a trailing twelve-month return on equity of 10.69%.

How do I buy shares of Associated British Foods?

Shares of ABF 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.

What other stocks do shareholders of Associated British Foods own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Associated British Foods investors own include Intelsat (I), Fossil Group (FOSL), Chaarat Gold (CGH), Bank of America (BAC), AMC Entertainment (AMC), First Data (FDC) and HSBC (HSBA).

This page (LON:ABF) was last updated on 7/16/2024 by MarketBeat.com Staff

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