Should I buy or sell Chemring Group stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chemring Group in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CHG shares. View CHG analyst ratings or view top-rated stocks .

What is Chemring Group's stock price target for 2024?

2 brokers have issued 12 month target prices for Chemring Group's shares. Their CHG share price targets range from GBX 370 to GBX 370. On average, they anticipate the company's stock price to reach GBX 370 in the next year. This suggests a possible upside of 7.7% from the stock's current price. View analysts price targets for CHG or view top-rated stocks among Wall Street analysts .

How have CHG shares performed in 2024?

Chemring Group's stock was trading at GBX 350.50 at the beginning of the year. Since then, CHG shares have decreased by 2.0% and is now trading at GBX 343.50. View the best growth stocks for 2024 here .

How were Chemring Group's earnings last quarter?

Chemring Group PLC (LON:CHG) posted its quarterly earnings results on Thursday, January, 17th. The company reported $6.90 EPS for the quarter, missing the consensus estimate of $8.70 by $1.80. Chemring Group had a net margin of 1.14% and a trailing twelve-month return on equity of 9.47%.

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

Chemring Group announced a dividend on Thursday, December 12th. Investors of record on Thursday, March 21st will be given a dividend of GBX 4.60 per share on Friday, April 12th. This represents a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, March 21st. This is an increase from the stock's previous dividend of GBX 2.30. The official announcement can be viewed at this link . Read our dividend analysis for CHG .

Is Chemring Group a good dividend stock?

Chemring Group (LON:CHG) pays an annual dividend of GBX 7 per share and currently has a dividend yield of 1.92%. The dividend payout ratio is 5,384.62%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for CHG .

What other stocks do shareholders of Chemring Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Chemring Group investors own include Avon Protection (AVON) , KAZ Minerals (KAZ) , Barclays (BARC) , Celanese (CE) , Avesoro Resources (ASO) , Hawaiian (HA) , KCOM Group (KCOM) , Unilever (ULVR) and Alpine Immune Sciences (ALPN) .

How do I buy shares of Chemring Group?

Shares of CHG 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 .

LON:CHG

Chemring Group (CHG) Share Price, News & Analysis

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Free CHG Stock Alerts

GBX 343.50

-2.50 (-0.72%)

(As of 04/18/2024 ET)

Compare

Today's Range: 340.50
▼
348
50-Day Range: 342.50
▼
363.50
52-Week Range: 253.95
▼
373

Volume: 449,852 shs
Average Volume: 617,642 shs
Market Capitalization: £936.90 million

P/E Ratio: 2,642.31
Dividend Yield: 2.04%
Price Target: GBX 370

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

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Chemring Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 7.7% Upside
GBX 370 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.20
Based on 5 Articles This Week
Insider Trading: Selling Shares
£49.48 M Sold 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.

0.36 out of 5 stars

1.5

Analyst's Opinion

Consensus Rating
Chemring Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Chemring Group has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CHG.

0.8

Dividend Strength

Dividend Yield
Chemring Group pays a meaningful dividend of 1.92%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Chemring Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Chemring Group is 5,384.62%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CHG.

2.3

News and Social Media Coverage

News Sentiment
Chemring Group has a news sentiment score of 0.20. 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 lower news sentiment than the 0.39 average news sentiment score of Industrials companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Chemring Group this week, compared to 0 articles on an average week.
Search Interest
1 people have searched for CHG on MarketBeat in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Chemring Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought GBX 0 in company stock and sold £494,788.22 in company stock.
Percentage Held by Insiders
Only 1.77% of the stock of Chemring Group is held by insiders.
Percentage Held by Institutions
112.88% of the stock of Chemring Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Chemring Group is 2,642.31, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 142.54.
Price to Earnings Ratio vs. Sector
The P/E ratio of Chemring Group is 2,642.31, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 400.59.
Price to Earnings Growth Ratio
Chemring Group has a PEG Ratio of 1.99. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Chemring Group has a P/B Ratio of 2.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Chemring Group Stock (LON:CHG)

Chemring Group PLC provides countermeasures, sensors, information, and energetic products in the United States, the United Kingdom, Europe, the Asia pacific, and internationally. The company offers sensors and information products, such as point chemical detector, sensor, JSLSCAD, and I-SCAD; miniature radar altimeter, R Visor, 3D radars, husky mounted detection system, groundshark, MDS-10, and groundhunters; resolve, locate, LOCATE-T, and viper products; and advisory, research, and design and engineering services. It also provides countermeasures and energetics products, including aerodynamic and kinematic flare; chaf cart and pack; seduction and distraction cart; initiator, separation and explosive bolts, nuts, and pin pullers and pushers; initiators, actuators, retractors and systems, time delay devices, ejection handles and sequencers, gas generators, cutters, canopy remover thruster, and thermal battery; wing, fin, elevon deployment actuators, wing and tail retention systems, separation nuts, pyrovalves, and safe and arm devices; joint combined aircrew system, system communication and oxygen, and altitude combined aircrew system tester; HMX, RDX, NTO, Alkyl-NENA, and acetic acid; and advanced performance bangalore torpedo, SX4, PE8, charge demolition user filled conical and linear, igniter safety fuze electric, detonating cord booster, demolition detonator electric and non-electric, detonating cord, and safety fuze. In addition, the company offers metron actuators and gas generators; igniters and fuzeheads, and canopy severance cords and explosive transmission cords; extruded double base propellant for ejection systems and rocket motors; and PED MK 2, breach MC, shrike exploder, mini shrike, long range initiation system, WASP, pigstick, hotrod, mini and midi disruptor, freeze neutralizing kit, fuse extractor, and rocket wrench. Chemring Group PLC was incorporated in 1905 and is headquartered in Romsey, the United Kingdom.

CHG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CHG Stock News Headlines

March 26, 2024 | insidertrades.com

Chemring Group PLC (LON:CHG) Insider Michael Ord Sells 138,209 Shares

April 16, 2024 | finance.yahoo.com

Chapters Group AG (CHG.BE)

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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April 13, 2024 | ft.com

Directors’ Deals: Chemring chief cashes in

April 13, 2024 | finance.yahoo.com

Those who invested in Chemring Group (LON:CHG) five years ago are up 161%

April 12, 2024 | americanbankingnews.com

Chemring Group (LON:CHG) Stock Price Passes Above Two Hundred Day Moving Average of $328.29

April 12, 2024 | americanbankingnews.com

Chemring Group (LON:CHG) Stock Price Passes Above 200-Day Moving Average of $328.29

March 25, 2024 | lse.co.uk

DIRECTOR DEALINGS: Chemring Director Ord sells GBP500,000 in shares

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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March 20, 2024 | seekingalpha.com

Chemring Group PLC goes ex dividend tomorrow

March 18, 2024 | lse.co.uk

Chemring awarded GBP57 million as EU boosts defence production

March 17, 2024 | finance.yahoo.com

Chemring Group PLC (LON:CHG) Stock Goes Ex-Dividend In Just Three Days

February 23, 2024 | lse.co.uk

London close: FTSE rises on back of StanChart cheer

February 23, 2024 | marketwatch.com

Chemring Group Expectations Unchanged Despite Bad Weather Delaying Orders

February 23, 2024 | lse.co.uk

Chemring remains on track despite bad weather disrupting deliveries

February 7, 2024 | finance.yahoo.com

Chemring Group PLC's (LON:CHG) Stock Is Going Strong: Is the Market Following Fundamentals?

February 6, 2024 | uk.finance.yahoo.com

Chemring Group plc (CHG.L)

February 6, 2024 | msn.com

If I’d invested £1,000 in Chemring shares five years ago, this is how much I’d have

January 11, 2024 | finance.yahoo.com

Chemring Group (LON:CHG) Is Increasing Its Dividend To £0.046

January 4, 2024 | finance.yahoo.com

Chemring Group Insider Ups Holding By 183% During Year

December 19, 2023 | msn.com

Here’s an alternative FTSE 250 defence stock that could soar in 2024!

December 15, 2023 | ft.com

Investors’ Chronicle: Chemring, RWS Holdings, Wincanton

December 13, 2023 | uk.finance.yahoo.com

Is this the best FTSE 250 growth stock to buy before 2024?

December 12, 2023 | lse.co.uk

Chemring helped by global defence markets as revenue grows; ups payout

December 12, 2023 | fxstreet.com

Inflation readings and central bank decisions in focus, German ZEW expectations helped by rate cut hopes

November 6, 2023 | finance.yahoo.com

Returns On Capital Are Showing Encouraging Signs At Chemring Group (LON:CHG)

October 3, 2023 | finance.yahoo.com

Chemring Group PLC's (LON:CHG) Intrinsic Value Is Potentially 46% Above Its Share Price

See More Headlines

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Company Calendar

Last Earnings: 1/17/2019
Ex-Dividend for 4/12 Dividend: 3/21/2024
Dividend Payable: 4/12/2024
Today: 4/18/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Sector: Industrials
Industry: Aerospace & Defense
Sub-Industry: N/A
Current Symbol: LON:CHG
CUSIP: N/A
CIK: N/A
Web: www.chemring.co.uk
Phone: +44-1794-833901
Fax: N/A
Employees: 2,600
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 370
High Stock Price Target: GBX 370
Low Stock Price Target: GBX 370
Potential Upside/Downside: +7.7%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.13
Trailing P/E Ratio: 2,642.31
Forward P/E Ratio: 17.58
P/E Growth: 1.99
Net Income: £37.70 million
Net Margins: 1.14%
Pretax Margin: N/A
Return on Equity: 9.47%
Return on Assets: 7.16%

Debt

Debt-to-Equity Ratio: 5.49
Current Ratio: 1.29
Quick Ratio: 0.71

Sales & Book Value

Annual Sales: £472.60 million
Price / Sales: 1.98
Cash Flow: GBX 3.96 per share
Price / Cash Flow: 86.71
Book Value: GBX 135 per share
Price / Book: 2.54

Miscellaneous

Outstanding Shares: 272,750,000
Free Float: N/A
Market Cap: £936.90 million
Optionable: Not Optionable
Beta: 0.70

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Key Executives

Mr. Michael Ord (Age 57)
Group Chief Executive & Director
Comp: $1.39M
Ms. Sarah Louise Ellard FCIS (Age 54)
Group Legal Director, Company Secretary & Executive Director
Comp: $647k
Mr. James Mortensen (Age 45)
CFO & Director
Mr. Bill Currer
President of US Operations
Helge Husby
Managing Director of Nobel
Mr. Steven Messam
Group HSE Director

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

CHG Stock Analysis - Frequently Asked Questions

Should I buy or sell Chemring Group stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chemring Group in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CHG shares.
View CHG analyst ratings or view top-rated stocks.
What is Chemring Group's stock price target for 2024?: 2 brokers have issued 12 month target prices for Chemring Group's shares. Their CHG share price targets range from GBX 370 to GBX 370. On average, they anticipate the company's stock price to reach GBX 370 in the next year. This suggests a possible upside of 7.7% from the stock's current price.
View analysts price targets for CHG or view top-rated stocks among Wall Street analysts.
How have CHG shares performed in 2024?: Chemring Group's stock was trading at GBX 350.50 at the beginning of the year. Since then, CHG shares have decreased by 2.0% and is now trading at GBX 343.50.
View the best growth stocks for 2024 here.
How were Chemring Group's earnings last quarter?: Chemring Group PLC (LON:CHG) posted its quarterly earnings results on Thursday, January, 17th. The company reported $6.90 EPS for the quarter, missing the consensus estimate of $8.70 by $1.80. Chemring Group had a net margin of 1.14% and a trailing twelve-month return on equity of 9.47%.

How often does Chemring Group pay dividends? What is the dividend yield for Chemring Group?: Chemring Group announced a dividend on Thursday, December 12th. Investors of record on Thursday, March 21st will be given a dividend of GBX 4.60 per share on Friday, April 12th. This represents a dividend yield of 1.4%. The ex-dividend date of this dividend is Thursday, March 21st. This is an increase from the stock's previous dividend of GBX 2.30. The official announcement can be viewed at this link.
Read our dividend analysis for CHG.
Is Chemring Group a good dividend stock?: Chemring Group (LON:CHG) pays an annual dividend of GBX 7 per share and currently has a dividend yield of 1.92%. The dividend payout ratio is 5,384.62%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CHG.
What other stocks do shareholders of Chemring Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Chemring Group investors own include Avon Protection (AVON), KAZ Minerals (KAZ), Barclays (BARC), Celanese (CE), Avesoro Resources (ASO), Hawaiian (HA), KCOM Group (KCOM), Unilever (ULVR) and Alpine Immune Sciences (ALPN).
How do I buy shares of Chemring Group?: Shares of CHG 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:CHG) was last updated on 4/18/2024 by MarketBeat.com Staff

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Chemring Group (CHG) Share Price, News & Analysis

Chemring Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Chemring Group Stock (LON:CHG)

CHG Stock Price History

CHG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

CHG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™