LON:ABFAssociated British Foods Share Price, Forecast & News

GBX 1,931.50

-2.50 (-0.13 %)

(As of 04/8/2020 02:50 PM ET)

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Today's Range

1,886

Now: GBX 1,931.50▼

1,950

50-Day Range

1,607.50

MA: GBX 2,058.40▼

2,673

52-Week Range

1,554

Now: GBX 1,931.50▼

2,730

Volume840,197 shs

Average Volume972,940 shs

Market Capitalization£15.29 billion

P/E Ratio17.39

Dividend Yield2.50%

BetaN/A

Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Sugar, Agriculture, Ingredients, 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 Sugar segment is involved in growing, processing, and sale of sugar beet and sugar cane to industrial users. The Agriculture segment manufactures and sells animal feeds; and provides other products and services for the agriculture sector. The Ingredients segment manufactures bakers' yeast, bakery ingredients, enzymes, lipids, yeast extracts, and cereal specialties. The Retail segment is involved in buying and merchandising clothing and accessories through the Primark and Penneys retail chains, which offer womenswear, lingerie, children's wear, menswear, footwear, accessories, hosiery, beauty, and homeware. The company was founded in 1935 and is headquartered in London, the United Kingdom. Associated British Foods plc is a subsidiary of Wittington Investments Limited.

Beat the Market (BTM) Rank^™

4.4 Analyst's Opinion

Consensus Rating
Associated British Foods has received a consensus rating of Buy. The company's average rating score is 2.85, and is based on 12 buy ratings, no hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 2,634.17, Associated British Foods has a potential upside of 36.4% from its current price of GBX 1,931.50.
Amount of Analyst Coverage
Associated British Foods has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
Associated British Foods has received 1,094 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Associated British Foods has received 774 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Associated British Foods has received 58.57% “outperform” votes from our community.

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

2.5 Dividend Strength

Dividend Leadership
Associated British Foods is a leading dividend payer. It pays a dividend yield of 2.50%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Associated British Foods does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Associated British Foods is 0.41 %. This payout ratio is at a healthy, sustainable level, below 75%.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Associated British Foods insiders have bought more of their company's stock than they have sold. Specifically, they have bought £45,420 in company stock and sold GBX 0 in company stock.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Associated British Foods are expected to decrease by -100.00% in the coming year, from £142.98 to GBX 0 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Associated British Foods is 17.39, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 12.21.
Price to Earnings Ratio vs. Sector
The P/E ratio of Associated British Foods is 17.39, which means that it is trading at a less expensive P/E ratio than the Consumer Goods sector average P/E ratio of about 46.87.
Price to Book Value per Share Ratio
Associated British Foods has a P/B Ratio of 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.69 out of 5 stars

Industry, Sector and Symbol

Stock Exchange LON

Industry Food - Major Diversified

Sub-IndustryN/A

SectorConsumer Goods

Current SymbolLON:ABF

Previous Symbol

CUSIPN/A

CIKN/A

Webhttp://www.abf.co.uk/

Phone+44-20-73996500

Debt

Debt-to-Equity Ratio6.16

Current Ratio1.82

Quick Ratio0.91

Price-To-Earnings

Trailing P/E Ratio17.39

Forward P/E Ratio0.14

P/E GrowthN/A

Sales & Book Value

Annual Sales£15.82 billion

Price / Sales0.97

Cash FlowGBX 201.66 per share

Price / Cash Flow9.58

Book ValueGBX 1,198.10 per share

Price / Book1.61

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees137,000

Outstanding Shares791,673,984

Market Cap£15.29 billion

Next Earnings Date4/21/2020 (Estimated)

OptionableNot Optionable

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Associated British Foods (LON:ABF) Frequently Asked Questions

How has Associated British Foods' stock been impacted by COVID-19 (Coronavirus)?

Associated British Foods' stock was trading at GBX 2,005 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ABF shares have decreased by 3.7% and is now trading at GBX 1,931.50. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Associated British Foods?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Associated British Foods in the last year. There are currently 1 sell rating and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Associated British Foods.

When is Associated British Foods' next earnings date?

Associated British Foods is scheduled to release its next quarterly earnings announcement on Tuesday, April 21st 2020. View our earnings forecast for Associated British Foods.

How were Associated British Foods' earnings last quarter?

Associated British Foods plc (LON:ABF) issued its quarterly earnings results on Wednesday, April, 24th. The company reported $61.10 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $62.00 by $0.90. View Associated British Foods' earnings history.

How often does Associated British Foods pay dividends? What is the dividend yield for Associated British Foods?

Associated British Foods declared a dividend on Tuesday, November 5th. Stockholders of record on Thursday, December 12th will be given a dividend of GBX 34.30 per share on Friday, January 10th. This represents a dividend yield of 1.44%. The ex-dividend date is Thursday, December 12th. This is a positive change from Associated British Foods's previous dividend of $12.05. The official announcement can be accessed at this link. View Associated British Foods' dividend history.

What price target have analysts set for ABF?

13 analysts have issued 12 month price objectives for Associated British Foods' stock. Their forecasts range from GBX 1,800 to GBX 3,200. On average, they anticipate Associated British Foods' share price to reach GBX 2,634.17 in the next year. This suggests a possible upside of 36.4% from the stock's current price. View analysts' price targets for Associated British Foods.

Has Associated British Foods been receiving favorable news coverage?

Headlines about ABF stock have been trending very negative recently, InfoTrie reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Associated British Foods earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news articles 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 stock's share price in the near term. View the latest news aboutAssociated British Foods.

Who are some of Associated British Foods' key competitors?

Some companies that are related to Associated British Foods include Saputo (SAP), Maple Leaf Foods (MFI), Premium Brands (PBH), Cranswick (CWK), Devro (DVO), Premier Foods (PFD), Anpario (ANP), Finsbury Food Group (FIF), Glanbia (GLB), Zambeef Products (ZAM), Ginger Beef (GB), Hot Mama's Foods (HOTF) and Parmalat (PLT).

What other stocks do shareholders of Associated British Foods own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Associated British Foods investors own include Intelsat (I), Fossil Group (FOSL), Chaarat Gold (CGH), Bank of America (BAC), AMC Entertainment (AMC), First Data (FDC), tronc (TRNC), Apollo Global Management (APO), China Unicom (Hong Kong) (CHU) and Ciena (CIEN).

Who are Associated British Foods' key executives?

Associated British Foods' management team includes the following people:

Mr. George Garfield Weston, CEO & Exec. Director (Age 55)
Mr. John George Bason, Fin. Director & Exec. Director (Age 61)
Mr. Des Pullen, Group HR Director
Ms. Flic Howard-Allen, Head of External Affairs (Age 58)
Ms. Julie Withnall, Group Head of Reward

What is Associated British Foods' stock symbol?

Associated British Foods trades on the London Stock Exchange (LON) under the ticker symbol "ABF."

How do I buy shares of Associated British Foods?

Shares of ABF 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 is Associated British Foods' stock price today?

One share of ABF stock can currently be purchased for approximately GBX 1,931.50.

How big of a company is Associated British Foods?

Associated British Foods has a market capitalization of £15.29 billion and generates £15.82 billion in revenue each year. Associated British Foods employs 137,000 workers across the globe. View additional information about Associated British Foods.

What is Associated British Foods' official website?

The official website for Associated British Foods is http://www.abf.co.uk/.

How can I contact Associated British Foods?

Associated British Foods' mailing address is Weston Centre, 10 Grosvenor Street, LONDON, W1K 4QY, United Kingdom. The company can be reached via phone at +44-20-73996500.

This page was last updated on 4/8/2020 by MarketBeat.com Staff

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LON:ABFAssociated British Foods Share Price, Forecast & News

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Beat the Market (BTM) Rank™

4.4 Analyst's Opinion

Consensus Rating

Price Target Upside/Downside

Amount of Analyst Coverage