LON:DSCV discoverIE Group (DSCV) Share Forecast, Price & News GBX 913 +116.00 (+14.55%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range 809▼ 91350-Day Range 729▼ 91352-Week Range 586▼ 927Volume290,016 shsAverage Volume142,628 shsMarket Capitalization£879.77 millionP/E Ratio5,072.22Dividend Yield1.20%Price TargetGBX 1,030 ProfileProfileAnalyst RatingsChartCompetitorsDividendInsider TradesHeadlinesProfileAnalyst RatingsChartCompetitorsDividendInsider TradesHeadlines discoverIE Group MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside12.8% UpsideGBX 1,030 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.34Based on 5 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.1.53 out of 5 stars 2.3 Analyst's Opinion Consensus RatingdiscoverIE Group has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of GBX 1,030, discoverIE Group has a forecasted upside of 12.8% from its current price of GBX 913.Amount of Analyst CoveragediscoverIE Group has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for DSCV. Previous Next 0.8 Dividend Strength Dividend YielddiscoverIE Group pays a meaningful dividend of 1.39%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthdiscoverIE Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of discoverIE Group is 6,111.11%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DSCV. Previous Next 3.0 News and Social Media Coverage News SentimentdiscoverIE Group has a news sentiment score of 1.34. 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 0.49 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 5 news articles for discoverIE Group this week, compared to 0 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, discoverIE Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.48% of the stock of discoverIE Group is held by insiders.Percentage Held by Institutions68.49% of the stock of discoverIE Group 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 discoverIE Group is 5,072.22, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 145.50.Price to Earnings Ratio vs. SectorThe P/E ratio of discoverIE Group is 5,072.22, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 351.70.Price to Book Value per Share RatiodiscoverIE Group has a P/B Ratio of 2.78. 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 discoverIE Group (LON:DSCV) StockdiscoverIE Group plc designs, manufactures, and supplies components for electronic applications worldwide. It operates in two segments, Magnetics & Controls, and Sensing & Connectivity. The company offers magnetic and power components, embedded computing and interface controls, and sensing and connectivity components for industrial applications. It serves customers in renewable energy, transportation, medical, and industrial and connectivity markets. The company was formerly known as Acal plc and changed its name to discoverIE Group plc in November 2017. discoverIE Group plc was incorporated in 1986 and is headquartered in Guildford, the United Kingdom.Read More Receive DSCV Stock News and Ratings via Email Sign-up to receive the latest news and ratings for discoverIE Group and its competitors with MarketBeat's FREE daily newsletter. Email Address DSCV Stock News HeadlinesJune 7, 2023 | finance.yahoo.comDiscoverIE Group expecting "higher contribution from acquisitions" this yearJune 7, 2023 | americanbankingnews.comdiscoverIE Group (LON:DSCV) Earns "Hold" Rating from Shore CapitalJune 8, 2023 | Behind the Markets (Ad)WARNING TO ALL U.S. INVESTORSMay 16, 2023... The Day That Will Financially Paralyze 181 Million American Investors... Here are 3 steps to prepare yourself >>>May 19, 2023 | finance.yahoo.comdiscoverIE Group plc's (LON:DSCV) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?April 22, 2023 | americanbankingnews.comBerenberg Bank Reaffirms Buy Rating for discoverIE Group (LON:DSCV)April 22, 2023 | proactiveinvestors.com.audiscoverIE Group shares jump 2.3% on the back of trading updateApril 22, 2023 | msn.comBerenberg Bank Reiterates DiscoverIE Group (LSE:DSCV) Buy RecommendationApril 1, 2023 | finance.yahoo.comSlowing Rates Of Return At discoverIE Group (LON:DSCV) Leave Little Room For ExcitementJune 8, 2023 | Behind the Markets (Ad)WARNING TO ALL U.S. INVESTORSMay 16, 2023... The Day That Will Financially Paralyze 181 Million American Investors... Here are 3 steps to prepare yourself >>>March 29, 2023 | finance.yahoo.comdiscoverIE Group PLC (DSCV.AQ)March 5, 2023 | finance.yahoo.comQuite a few insiders invested in discoverIE Group plc (LON:DSCV) last year which is positive news for shareholdersJanuary 17, 2023 | finance.yahoo.comIs It Time To Consider Buying discoverIE Group plc (LON:DSCV)?January 3, 2023 | finance.yahoo.comThose who invested in discoverIE Group (LON:DSCV) five years ago are up 105%December 10, 2022 | finance.yahoo.comDoes discoverIE Group plc's (LON:DSCV) Weak Fundamentals Mean A Downturn In Its Stock Should Be Expected?December 5, 2022 | uk.finance.yahoo.comdiscoverIE Group (DSCV): Focused on sustainable growthNovember 26, 2022 | finance.yahoo.comdiscoverIE Group's (LON:DSCV) Upcoming Dividend Will Be Larger Than Last Year'sOctober 23, 2022 | yahoo.comHere's What To Make Of discoverIE Group's (LON:DSCV) Decelerating Rates Of ReturnSeptember 26, 2022 | finance.yahoo.comMultiple insiders bought discoverIE Group plc (LON:DSCV) stock earlier this year, a positive sign for shareholdersAugust 20, 2022 | reuters.comdiscoverIE Group plcAugust 10, 2022 | finance.yahoo.comIs Now The Time To Look At Buying discoverIE Group plc (LON:DSCV)?July 27, 2022 | finance.yahoo.comdiscoverIE Group (LON:DSCV) shareholders have earned a 18% CAGR over the last five yearsJuly 6, 2022 | marketwatch.comDiscoverIE Group Buys CDT Group for GBP5 Mln -- Deal DigestJune 21, 2022 | finance.yahoo.comAre discoverIE Group plc's (LON:DSCV) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?June 14, 2022 | reuters.comFTSE 100 falls for six straight sessions on rising rate-hike betsJune 14, 2022 | lse.co.ukDiscoverie Grp. Share ChatJune 9, 2022 | fool.co.ukWhy I’d buy this growth stock as it crushes the FTSE 100’s performanceMay 16, 2022 | finance.yahoo.comdiscoverIE Group (LON:DSCV) Hasn't Managed To Accelerate Its ReturnsSee More Headlines DSCV Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DSCV Company Calendar Today6/07/2023Ex-Dividend for 8/1 Dividend6/22/2023Dividend Payable8/01/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeLON Industry Electronic Components Sub-IndustryN/A SectorComputer and Technology Current SymbolLON:DSCV CUSIPN/A CIKN/A Webwww.discoverieplc.com Phone+44-1483-544500FaxN/AEmployees4,500Year FoundedN/APrice Target and Rating Average Stock Price ForecastGBX 1,030 High Stock Price ForecastGBX 1,030 Low Stock Price ForecastGBX 1,030 Forecasted Upside/Downside+12.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)GBX 0.18 Trailing P/E Ratio5,072.22 Forward P/E Ratio26.35 P/E GrowthN/ANet Income£17.40 million Net Margins6.99% Pretax MarginN/A Return on Equity5.97% Return on Assets3.60% Debt Debt-to-Equity Ratio32.42 Current Ratio1.72 Quick Ratio0.96 Sales & Book Value Annual Sales£424.60 million Price / Sales2.07 Cash FlowGBX 40.97 per share Price / Cash Flow22.28 Book ValueGBX 328 per share Price / Book2.78Miscellaneous Outstanding Shares96,360,000Free FloatN/AMarket Cap£879.77 million OptionableNot Optionable Beta0.96 Key ExecutivesMr. Nicholas J. Jefferies (Age 57)Group Chief Exec. & Exec. Director Comp: $1.31MMr. Simon M. Gibbins ACA (Age 56)Group Fin. Director & Exec. Director Comp: $766kDr. Greg DavidsonGroup Gen. Counsel & Company Sec.Mr. Jeremy J. MorcomGroup Head of Corp. Devel.Key CompetitorsFW ThorpeLON:TFWStrix GroupLON:KETLLucecoLON:LUCEFDM GroupLON:FDMGB GroupLON:GBGView All CompetitorsInsidersSimon GibbinsBought 3,297 shares on 6/23/2022Total: £1.98 M ($601.00/share)View All Insider Transactions DSCV Stock - Frequently Asked Questions Should I buy or sell discoverIE Group stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for discoverIE Group in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DSCV shares. View DSCV analyst ratings or view top-rated stocks. What is discoverIE Group's stock price forecast for 2023? 2 analysts have issued 1-year price objectives for discoverIE Group's shares. Their DSCV share price forecasts range from GBX 1,030 to GBX 1,030. On average, they anticipate the company's share price to reach GBX 1,030 in the next twelve months. This suggests a possible upside of 12.8% from the stock's current price. View analysts price targets for DSCV or view top-rated stocks among Wall Street analysts. How have DSCV shares performed in 2023? discoverIE Group's stock was trading at GBX 731 at the start of the year. Since then, DSCV shares have increased by 24.9% and is now trading at GBX 913. View the best growth stocks for 2023 here. How often does discoverIE Group pay dividends? What is the dividend yield for discoverIE Group? discoverIE Group declared a dividend on Wednesday, June 7th. Investors of record on Thursday, June 22nd will be given a dividend of GBX 7.90 per share on Tuesday, August 1st. This represents a yield of 0.99%. The ex-dividend date is Thursday, June 22nd. This is a positive change from the stock's previous dividend of GBX 3.55. The official announcement can be viewed at this link. Read our dividend analysis for DSCV. Is discoverIE Group a good dividend stock? discoverIE Group (LON:DSCV) pays an annual dividend of GBX 11 per share and currently has a dividend yield of 1.39%. The dividend payout ratio is 6,111.11%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for DSCV. What other stocks do shareholders of discoverIE Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other discoverIE Group investors own include Anglo American (AAL), Hastings Group Holdings plc (HSTG.L) (HSTG), Renishaw (RSW), Spirent Communications (SPT), Rotork (ROR), Hiscox (HSX), Anglo American (NGLOY), Rio Tinto Group (RIO), DiamondCorp (DCP) and Polar Capital (POLR). What is discoverIE Group's stock symbol? discoverIE Group trades on the London Stock Exchange (LON) under the ticker symbol "DSCV." How do I buy shares of discoverIE Group? Shares of DSCV 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 discoverIE Group's stock price today? One share of DSCV stock can currently be purchased for approximately GBX 913. How much money does discoverIE Group make? discoverIE Group (LON:DSCV) has a market capitalization of £879.77 million and generates £424.60 million in revenue each year. The company earns £17.40 million in net income (profit) each year or GBX 0.18 on an earnings per share basis. How many employees does discoverIE Group have? The company employs 4,500 workers across the globe. How can I contact discoverIE Group? discoverIE Group's mailing address is 2 Chancellor Court Occam Road Surrey Research Park, GUILDFORD, GU2 7AH, United Kingdom. The official website for the company is www.discoverieplc.com. The company can be reached via phone at +44-1483-544500. This page (LON:DSCV) was last updated on 6/8/2023 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 discoverIE Group plc Please log in to your account or sign up in order to add this asset to your watchlist. 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