LON:CGS

Castings (CGS) Share Price, News & Analysis

GBX 368
-1.00 (-0.27%)
(As of 05/3/2024 ET)
Today's Range
367
374
50-Day Range
324
378
52-Week Range
320
428
Volume
21,280 shs
Average Volume
37,273 shs
Market Capitalization
£159.93 million
P/E Ratio
1,051.43
Dividend Yield
4.89%
Price Target
GBX 550

Castings MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
49.5% Upside
GBX 550 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.08mentions of Castings in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
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.

2.17 out of 5 stars

CGS stock logo

About Castings Stock (LON:CGS)

Castings 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, 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, Germany, Sweden, the Netherlands, 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.

CGS Stock Price History

CGS Stock News Headlines

Could Your Accounts Be Frozen?
The US Dollar Is "Finished" A deteriorating economy, global instability, and a weakened banking system have pushed the U.S. financial system to the brink, imperiling the value of your savings and investments.
Cogstate Ltd CGS
Could Your Accounts Be Frozen?
The US Dollar Is "Finished" A deteriorating economy, global instability, and a weakened banking system have pushed the U.S. financial system to the brink, imperiling the value of your savings and investments.
Castings PLC (CGS)
Castings PLC
See More Headlines
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Company Calendar

Last Earnings
6/10/2020
Today
5/05/2024

Industry, Sector and Symbol

Industry
Specialty Industrial Machinery
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
1,251
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 550
High Stock Price Target
GBX 550
Low Stock Price Target
GBX 550
Potential Upside/Downside
+49.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
£15.44 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£226.72 million
Cash Flow
GBX 61.72 per share
Book Value
GBX 291 per share

Miscellaneous

Free Float
N/A
Market Cap
£159.93 million
Optionable
Not Optionable
Beta
0.58
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Key Executives

  • Mr. Adam Vicary BEng (Age 56)
    FICME, M.Sc., CEO, MD of Brownhills & Executive Director
    Comp: $414k
  • Mr. Steve J. Mant B.Com. (Age 49)
    BSocSc (Hons), F.C.A., Financial Director, Company Secretary & Executive Director
    Comp: $328k

CGS Stock Analysis - Frequently Asked Questions

Should I buy or sell Castings stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Castings in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CGS shares.
View CGS analyst ratings
or view top-rated stocks.

What is Castings' stock price target for 2024?

2 Wall Street analysts have issued 1 year price targets for Castings' stock. Their CGS share price targets range from GBX 550 to GBX 550. On average, they expect the company's stock price to reach GBX 550 in the next twelve months. This suggests a possible upside of 49.5% 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 2024?

Castings' stock was trading at GBX 365 at the beginning of 2024. Since then, CGS shares have increased by 0.8% and is now trading at GBX 368.
View the best growth stocks for 2024 here
.

How were Castings' earnings last quarter?

Castings P.L.C. (LON:CGS) issued its quarterly earnings data on Wednesday, June, 10th. The company reported $23.05 EPS for the quarter, missing analysts' consensus estimates of $24.80 by $1.75. Castings had a trailing twelve-month return on equity of 12.26% and a net margin of 6.81%.

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

Castings announced a dividend on Tuesday, November 14th. Shareholders of record on Thursday, November 23rd will be given a dividend of GBX 4.13 per share on Thursday, January 4th. This represents a yield of 1.12%. The ex-dividend date of this dividend is Thursday, November 23rd. The official announcement can be accessed at this link.
Read our dividend analysis for CGS
.

Is Castings a good dividend stock?

Castings (LON:CGS) pays an annual dividend of GBX 18 per share and currently has a dividend yield of 5.25%. CGS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 5,142.86%. Payout ratios above 75% are not desirable because they may not be sustainable.
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).

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.

This page (LON:CGS) was last updated on 5/5/2024 by MarketBeat.com Staff

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