LON:GRG Greggs (GRG) Share Forecast, Price & News GBX 2,677 -17.00 (-0.63%) (As of 04:03 PM ET) Add Compare Share Share Today's Range 2,636▼ 2,684.8050-Day Range 2,654▼ 2,90452-Week Range 1,650▼ 2,914Volume36,984 shsAverage Volume276,050 shsMarket Capitalization£2.73 billionP/E Ratio2,268.64Dividend Yield2.20%Price TargetGBX 2,862.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendInsider TradesHeadlinesProfileAnalyst RatingsChartCompetitorsDividendInsider TradesHeadlines Greggs MarketRank™ ForecastAnalyst RatingHold2.40 Rating ScoreUpside/Downside7.2% UpsideGBX 2,862.50 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.30Based on 2 Articles This WeekInsider TradingSelling Shares£16.98 M Sold Last QuarterProj. 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.1.03 out of 5 stars 1.2 Analyst's Opinion Consensus RatingGreggs has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of GBX 2,862.50, Greggs has a forecasted upside of 7.2% from its current price of GBX 2,669.20.Amount of Analyst CoverageGreggs has only been the subject of 4 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for GRG. Previous Next 0.8 Dividend Strength Dividend YieldGreggs pays a meaningful dividend of 2.16%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthGreggs does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Greggs is 5,000.00%. 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 GRG. Previous Next 1.3 News and Social Media Coverage News SentimentGreggs has a news sentiment score of 0.30. 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 0.46 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Greggs this week, compared to 2 articles on an average week. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Greggs insiders have sold more of their company's stock than they have bought. Specifically, they have bought GBX 0 in company stock and sold £169,753.60 in company stock.Percentage Held by InsidersOnly 6.22% of the stock of Greggs is held by insiders.Percentage Held by Institutions70.94% of the stock of Greggs 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 Greggs is 2,262.03, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 134.00.Price to Earnings Ratio vs. SectorThe P/E ratio of Greggs is 2,262.03, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 237.13.Price to Earnings Growth RatioGreggs has a PEG Ratio of 3.39. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioGreggs has a P/B Ratio of 6.05. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Greggs (LON:GRG) StockGreggs plc operates as a bakery food-on-the-go retailer in the United Kingdom. It offers a range of fresh and frozen bakery products, sandwiches, and drinks. The company sells products to franchise and wholesale partners for sale in their own outlets. It is also involved in the property holding, non-trading, and trustee businesses. The company operates approximately 2,200 shops and 375 franchise locations. Greggs plc was founded in 1939 and is headquartered in Newcastle upon Tyne, the United Kingdom.Read More Receive GRG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Greggs and its competitors with MarketBeat's FREE daily newsletter. Email Address GRG Stock News HeadlinesJune 9, 2023 | uk.finance.yahoo.com1 FTSE 250 stock I’d buy right nowJune 7, 2023 | fool.comGreggs Plc (LSE: GRG)June 9, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.June 7, 2023 | msn.comIf I’d invested £1000 in Greggs shares 5 years ago, here’s how much I’d have nowMay 25, 2023 | finance.yahoo.comShould You Investigate Greggs plc (LON:GRG) At UK£26.54?May 20, 2023 | americanbankingnews.comGreggs' (GRG) Hold Rating Reiterated at Shore CapitalMay 20, 2023 | americanbankingnews.comGreggs (LON:GRG) Rating Reiterated by Peel HuntMay 19, 2023 | americanbankingnews.comGreggs (LON:GRG) Downgraded by Liberum Capital to "Hold"June 9, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.May 18, 2023 | msn.comLiberum Capital Downgrades Greggs (LSE:GRG)May 18, 2023 | msn.comShore Capital Reiterates Greggs (LSE:GRG) Hold RecommendationMay 17, 2023 | ca.finance.yahoo.comGreggs reaches deal over sausage roll ban just days before court trial was due to beginMay 17, 2023 | mirror.co.ukPrimark opens its latest Greggs café - featuring a giant sausage roll swingMay 16, 2023 | msn.comUK bakers Greggs sees more growth as shoppers seek valueMay 16, 2023 | msn.comGreggs predicts further growth as Britons seek value food optionsMay 8, 2023 | finance.yahoo.comGreggs plc's (LON:GRG) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?May 4, 2023 | americanbankingnews.comGreggs (LON:GRG) Hits New 52-Week High on Analyst UpgradeMay 4, 2023 | americanbankingnews.comGreggs (LON:GRG) Price Target Raised to GBX 3,200 at Berenberg BankApril 26, 2023 | americanbankingnews.comGreggs (LON:GRG) Hits New 52-Week High at $2,823.12April 13, 2023 | finance.yahoo.comGreggs Full Year 2022 Earnings: EPS Misses ExpectationsApril 12, 2023 | nytimes.comTrack Covid-19 in Gregg County, TexasApril 6, 2023 | finance.yahoo.comThose who invested in Greggs (LON:GRG) five years ago are up 146%April 3, 2023 | americanbankingnews.comInsider Selling: Greggs plc (LON:GRG) Insider Sells 6,080 Shares of StockMarch 23, 2023 | finance.yahoo.comInstitutional investors have a lot riding on Greggs plc (LON:GRG) with 88% ownershipMarch 8, 2023 | yahoo.comFTSE 250: Greggs profit boost hands workers £17m bonusMarch 8, 2023 | msn.comBaker Greggs sees more growth as Britons 'seek value'March 8, 2023 | msn.comThis FTSE 250 stock has risen 40% over the past 6 months. Should I buy in now?See More Headlines GRG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GRG Company Calendar Last Earnings7/28/2020Ex-Dividend for 5/26 Dividend4/27/2023Dividend Payable5/26/2023Today6/09/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeLON Industry Grocery Stores Sub-IndustryN/A SectorBusiness Services Current SymbolLON:GRG CUSIPN/A CIKN/A Webwww.greggs.co.uk Phone+44-191-2817721FaxN/AEmployees25,174Year FoundedN/APrice Target and Rating Average Stock Price ForecastGBX 2,862.50 High Stock Price ForecastGBX 3,200 Low Stock Price ForecastGBX 2,500 Forecasted Upside/Downside+6.3%Consensus RatingHold Rating Score (0-4)2.40 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)GBX 1.18 Trailing P/E Ratio2,283.05 Forward P/E Ratio22.49 P/E Growth3.39Net Income£120.30 million Net Margins7.95% Pretax MarginN/A Return on Equity27.49% Return on Assets10.36% Debt Debt-to-Equity Ratio67.56 Current Ratio1.16 Quick Ratio0.88 Sales & Book Value Annual Sales£1.51 billion Price / Sales1.82 Cash FlowGBX 163.81 per share Price / Cash Flow16.45 Book ValueGBX 441 per share Price / Book6.11Miscellaneous Outstanding Shares102,120,000Free FloatN/AMarket Cap£2.75 billion OptionableNot Optionable Beta1.35 Key ExecutivesMr. Richard John Hutton F.C.A. (Age 53)FCA, Fin. Director & Exec. Director Comp: $812.75kMr. Roger Whiteside O.B.E. (Age 64)Exec. Officer Comp: $1.41MMs. Roisin CurrieCEO & Exec. DirectorMr. Jonathan D. Jowett LL.M (Age 59)Gen. Counsel & Company Sec. Emma WaltonPeople Director & Head of PeopleMr. Tony RowsonHead of RetailMr. Raymond Reynolds (Age 62)Property & Bus. Devel. Director Malcolm CoplandCommercial DirectorMore ExecutivesKey CompetitorsOcado GroupLON:OCDOJ SainsburyLON:SBRYWm Morrison SupermarketsLON:MRWEntertainment OneLON:ETOITVLON:ITVView All CompetitorsInsidersRichard HuttonSold 6,080 sharesTotal: £16.98 M ($2,792.00/share)Roisin CurrieBought 15 shares on 10/12/2022Total: £26,580.00 ($1,772.00/share)Matthew DaviesBought 2,000 shares on 8/2/2022Total: £4.25 M ($2,126.00/share)Roisin CurrieBought 38 shares on 6/20/2022Total: £73,530.00 ($1,935.00/share)Lynne WeedallBought 1,000 shares on 6/16/2022Total: £1.90 M ($1,901.00/share)View All Insider Transactions GRG Stock - Frequently Asked Questions Should I buy or sell Greggs stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Greggs in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" GRG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GRG, but not buy additional shares or sell existing shares. View GRG analyst ratings or view top-rated stocks. What is Greggs' stock price forecast for 2023? 5 brokerages have issued 12-month price targets for Greggs' shares. Their GRG share price forecasts range from GBX 2,500 to GBX 3,200. On average, they predict the company's stock price to reach GBX 2,862.50 in the next twelve months. This suggests a possible upside of 6.3% from the stock's current price. View analysts price targets for GRG or view top-rated stocks among Wall Street analysts. How have GRG shares performed in 2023? Greggs' stock was trading at GBX 2,346 at the start of the year. Since then, GRG shares have increased by 14.8% and is now trading at GBX 2,694. View the best growth stocks for 2023 here. How were Greggs' earnings last quarter? Greggs plc (LON:GRG) announced its earnings results on Tuesday, July, 28th. The company reported ($53.40) earnings per share for the quarter. Greggs had a trailing twelve-month return on equity of 27.49% and a net margin of 7.95%. How often does Greggs pay dividends? What is the dividend yield for Greggs? Greggs declared a dividend on Tuesday, March 7th. Investors of record on Thursday, April 27th will be given a dividend of GBX 44 per share on Friday, May 26th. This represents a yield of 1.6%. The ex-dividend date is Thursday, April 27th. This is a boost from the stock's previous dividend of GBX 15. The official announcement can be seen at this link. Read our dividend analysis for GRG. Is Greggs a good dividend stock? Greggs (LON:GRG) pays an annual dividend of GBX 59 per share and currently has a dividend yield of 2.16%. The dividend payout ratio is 5,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for GRG. What other stocks do shareholders of Greggs own? Based on aggregate information from My MarketBeat watchlists, some companies that other Greggs investors own include Intelsat (I), Associated British Foods (ABF), Chaarat Gold (CGH), Fossil Group (FOSL), Bank of America (BAC), AMC Entertainment (AMC), China Unicom (Hong Kong) (CHU), easyJet (EZJ), First Data (FDC) and Air Canada (AC). What is Greggs' stock symbol? Greggs trades on the London Stock Exchange (LON) under the ticker symbol "GRG." How do I buy shares of Greggs? Shares of GRG 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 Greggs' stock price today? One share of GRG stock can currently be purchased for approximately GBX 2,694. How much money does Greggs make? Greggs (LON:GRG) has a market capitalization of £2.75 billion and generates £1.51 billion in revenue each year. The company earns £120.30 million in net income (profit) each year or GBX 1.18 on an earnings per share basis. How many employees does Greggs have? The company employs 25,174 workers across the globe. How can I contact Greggs? Greggs' mailing address is Greggs House, Quorum Business Park, NEWCASTLE UPON TYNE, NE12 8BU, United Kingdom. The official website for the company is www.greggs.co.uk. The company can be reached via phone at +44-191-2817721. This page (LON:GRG) 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. 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