LON:CGS Castings (CGS) Share Forecast, Price & News GBX 390 -3.00 (-0.76%) (As of 02:41 PM ET) Add Compare Share Share Today's Range 390▼ 41050-Day Range 332▼ 398.2452-Week Range 270▼ 410Volume6,649 shsAverage Volume36,223 shsMarket Capitalization£169.88 millionP/E RatioN/ADividend Yield4.10%Price TargetGBX 530 ProfileProfileAnalyst RatingsChartCompetitorsDividendInsider TradesHeadlinesProfileAnalyst RatingsChartCompetitorsDividendInsider TradesHeadlines Castings MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside35.9% UpsideGBX 530 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.67Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.98 out of 5 stars 3.5 Analyst's Opinion Consensus RatingCastings has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of GBX 530, Castings has a forecasted upside of 35.9% from its current price of GBX 390.Amount of Analyst CoverageCastings has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CGS. Previous Next 1.7 Dividend Strength Dividend LeadershipCastings is a leading dividend payer. It pays a dividend yield of 4.34%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCastings does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CGS. Previous Next 2.0 News and Social Media Coverage News SentimentCastings has a news sentiment score of 0.67. 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 higher news sentiment than the 0.33 average news sentiment score of Industrials companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Castings this week, compared to 3 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Castings insiders have not sold or bought any company stock.Percentage Held by Insiders17.60% of the stock of Castings is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions58.01% of the stock of Castings is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Castings is -40.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Castings is -40.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCastings has a P/B Ratio of 1.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Castings (LON:CGS) StockCastings P.L.C. engages in the iron casting and machining activities. It operates through Foundry Operations and Machining Operations segments. The company offers ductile iron, spheroidal graphite iron, austempered ductile iron, SiMo, grey iron, and Ni-resist castings. It also provides fertilising solution annealing, pearlitic quench and temper, temper softening, and austempering heat treatment services; automotive standard e-coat and powder coating, galvanising, plating, gas based surface treatment, and plastic and metal spray coating services; and assembly and insulation services. The company primarily serves the commercial vehicle, automotive, and other markets in the United Kingdom, Sweden, the Netherlands, Germany, rest of Europe, North and South America, and internationally. Castings P.L.C. was founded in 1835 and is based in Brownhills, the United Kingdom.Read More Receive CGS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Castings and its competitors with MarketBeat's FREE daily newsletter. Email Address CGS Stock News HeadlinesJune 8, 2023 | msn.comChina property: with new round of stimulus on the horizon, analysts differ on extent of Beijing’s speculated rescue packageJune 4, 2023 | finance.yahoo.comInvestors Met With Slowing Returns on Capital At Castings (LON:CGS)June 9, 2023 | Edge On The Street (Ad)All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A SupercycleMore automakers are pledging to go "fully electric" by 2035. NOW is the perfect time to get in on the "EV Revolution." And the best way to potentially do that, is to skip over the overvalued electric vehicle stocks...May 17, 2023 | marketwatch.comFerrous Castings Market Report Talks about Current Market Share 2023-2030May 17, 2023 | marketwatch.comAluminium Castings Market Current Report: Regional Market Size and Forecast 2030May 16, 2023 | marketwatch.comMineral Castings Market Research | 2023-2030May 15, 2023 | marketwatch.comGlobal Iron Casting [Ferrous Castings] Market: Rising Trends and Opportunities by Key Players 2023-2030May 11, 2023 | marketwatch.comThe Prospects of Municipal Castings Market 2023: Industry Trends and Challenges till 2030June 9, 2023 | Edge On The Street (Ad)All Electric Commitment From GM, Volkswagen, Could Put Lithium Sector In A SupercycleMore automakers are pledging to go "fully electric" by 2035. NOW is the perfect time to get in on the "EV Revolution." And the best way to potentially do that, is to skip over the overvalued electric vehicle stocks...May 11, 2023 | marketwatch.comAluminium Castings Market (Forecast 2023-2031)| Expert analysis by Marketreportsworlds.comMay 10, 2023 | marketwatch.comGlobal Gray Iron Castings Market Analysis of New Report 2023-2030May 8, 2023 | marketwatch.com2023 Mineral Castings Market: Trends and Forecast 2031 | A Detailed Sales Channel Analysis ReportMay 8, 2023 | marketwatch.com2023-2030 Municipal Castings Market Analysis with Latest Growth UpdatesMay 8, 2023 | marketwatch.comGlobal Ferrous Castings Market [2023-2030] | Industry Forecasted to Surpass USD 518650 Million with 5.8% CAGR GrowthMay 8, 2023 | bizjournals.comNew industrial buildings at former Columbus Castings site will deliver this summer, developer hopes to transform South High StreetMay 3, 2023 | marketwatch.comMalleable Iron Castings Market: A Comprehensive Market Study 2023 to 2031May 3, 2023 | marketwatch.com2023-2029 Aircraft Blades Aluminum Castings Market Sale, Growing Opportunities and Countries Analysis| Report Reviewed by ExpertsMay 3, 2023 | marketwatch.comThe report on the Aluminium Castings market size and its projected CAGR value of 12.3% from 2023 to 2030 examines the primary market drivers.May 2, 2023 | marketwatch.comFerrous Castings Market Growth Status and Foresight till 2030May 2, 2023 | marketwatch.comExploring the Growth Potential of the Ductile Iron Castings Market till 2031April 30, 2023 | americanbankingnews.comCanaccord Genuity Group Reiterates "Buy" Rating for Castings (LON:CGS)April 28, 2023 | lse.co.ukTRADING UPDATES: Castings beats market view; Zoo Digital buys in JapanApril 28, 2023 | marketwatch.comMineral Castings Market 2023-2030: Latest Growth Opportunity with Future TrendsApril 28, 2023 | marketwatch.comCastings Market Share by 2031April 27, 2023 | marketwatch.comGray Iron Castings Market Business Report [2023-2030]April 26, 2023 | marketwatch.comGlobal Mineral Castings Market [2023-2030]: Opportunities and ChallengesApril 26, 2023 | marketwatch.comMalleable Iron Castings Market Development Strategies Explained in Detail 2023See More Headlines CGS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CGS Company Calendar Last Earnings6/10/2020Today6/09/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeLON Industry Diversified Machinery Sub-IndustryN/A SectorIndustrials Current SymbolLON:CGS CUSIPN/A CIKN/A Webwww.castings.plc.uk Phone+44-1543-374341FaxN/AEmployees1,191Year FoundedN/APrice Target and Rating Average Stock Price ForecastGBX 530 High Stock Price ForecastGBX 530 Low Stock Price ForecastGBX 530 Forecasted Upside/Downside+34.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)GBX (9.71) Trailing P/E RatioN/A Forward P/E Ratio12.21 P/E GrowthN/ANet Income£10.21 million Net Margins6.21% Pretax MarginN/A Return on Equity8.03% Return on Assets5.60% Debt Debt-to-Equity RatioN/A Current Ratio3.77 Quick Ratio2.76 Sales & Book Value Annual Sales£164.44 million Price / Sales1.04 Cash FlowGBX 65.91 per share Price / Cash Flow5.96 Book ValueGBX 288 per share Price / Book1.36Miscellaneous Outstanding Shares43,560,000Free FloatN/AMarket Cap£171.19 million OptionableNot Optionable Beta0.62 Key ExecutivesMr. Adam Vicary M.Sc. (Age 55)BEng, MSc, FICME, CEO, MD of Brownhills & Exec. Director Comp: $376kMr. Steve J. Mant B.Com. (Age 47)BSocSc (Hons), F.C.A., FCA, Financial Director, Company Sec. & Exec. Director Comp: $295kKey CompetitorsNorthbridge Industrial ServicesLON:NBIGoodwinLON:GDWNAccsys TechnologiesLON:AXSRyanairLON:RYANorcrosLON:NXRView All CompetitorsInsidersBrian J CookeBought 3,000 shares on 6/15/2022Total: £927,000.00 ($309.00/share)View All Insider Transactions CGS Stock - Frequently Asked Questions Should I buy or sell Castings stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Castings in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CGS shares. View CGS analyst ratings or view top-rated stocks. What is Castings' stock price forecast for 2023? 1 Wall Street analysts have issued 12-month price targets for Castings' shares. Their CGS share price forecasts range from GBX 530 to GBX 530. On average, they anticipate the company's stock price to reach GBX 530 in the next year. This suggests a possible upside of 34.9% from the stock's current price. View analysts price targets for CGS or view top-rated stocks among Wall Street analysts. How have CGS shares performed in 2023? Castings' stock was trading at GBX 346 at the start of the year. Since then, CGS stock has increased by 13.6% and is now trading at GBX 393. View the best growth stocks for 2023 here. How were Castings' earnings last quarter? Castings P.L.C. (LON:CGS) announced its quarterly earnings results on Wednesday, June, 10th. The company reported $23.05 earnings per share for the quarter, missing the consensus estimate of $24.80 by $1.75. Castings had a net margin of 6.21% and a trailing twelve-month return on equity of 8.03%. How often does Castings pay dividends? What is the dividend yield for Castings? Castings declared a dividend on Wednesday, November 16th. Stockholders of record on Thursday, November 24th will be paid a dividend of GBX 3.84 per share on Thursday, January 5th. This represents a yield of 1.08%. The ex-dividend date is Thursday, November 24th. The official announcement can be seen at this link. Read our dividend analysis for CGS. Is Castings a good dividend stock? Castings (LON:CGS) pays an annual dividend of GBX 16 per share and currently has a dividend yield of 4.34%. CGS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for CGS. What other stocks do shareholders of Castings own? Based on aggregate information from My MarketBeat watchlists, some companies that other Castings investors own include Autodesk (ADSK), Merck & Co., Inc. (MRK), Avation (AVAP) and Alaska Air Group (ALK). What is Castings' stock symbol? Castings trades on the London Stock Exchange (LON) under the ticker symbol "CGS." How do I buy shares of Castings? Shares of CGS 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 is Castings' stock price today? One share of CGS stock can currently be purchased for approximately GBX 393. How much money does Castings make? Castings (LON:CGS) has a market capitalization of £171.19 million and generates £164.44 million in revenue each year. The company earns £10.21 million in net income (profit) each year or GBX (9.71) on an earnings per share basis. How many employees does Castings have? The company employs 1,191 workers across the globe. How can I contact Castings? Castings' mailing address is Gatehouse Trading Estate, Lichfield Road, BROWNHILLS, WS8 6JZ, United Kingdom. The official website for the company is www.castings.plc.uk. The company can be reached via phone at +44-1543-374341. This page (LON:CGS) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Castings P.L.C. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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