LON:GRG

Greggs - GRG Share Forecast, Price & News

GBX 2,379.57

+43.57 (+1.87%)

(As of 12/9/2022 03:56 PM ET)

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Today's Range: 2,330
▼
2,382
50-Day Range: 1,712
▼
2,384
52-Week Range: 1,650
▼
3,443

Volume: 100,210 shs
Average Volume: 322,957 shs
Market Capitalization: £2.43 billion

P/E Ratio: 2,033.82
Dividend Yield: 2.44%
Price Target: GBX 2,616.67

Greggs MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 10.8% Upside
GBX 2,616.67 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
£26,580 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.48 out of 5 stars

2.3

Analyst's Opinion

Consensus Rating
Greggs has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 2,616.67, Greggs has a forecasted upside of 10.8% from its current price of GBX 2,362.
Amount of Analyst Coverage
Greggs has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

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

1.7

Dividend Strength

Dividend Yield
Greggs pays a meaningful dividend of 2.44%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Greggs does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Greggs is 48.72%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

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

1.7

News and Social Media Coverage

News Sentiment
Greggs has a news sentiment score of 0.09. 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.
Search Interest
1 people have searched for GRG on MarketBeat in the last 30 days.
MarketBeat Follows
Only 2 people have added Greggs to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Greggs insiders have bought more of their company's stock than they have sold. Specifically, they have bought £265.80 in company stock and sold GBX 0 in company stock.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Greggs is 2,018.80, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 119.81.
Price to Earnings Ratio vs. Sector
The P/E ratio of Greggs is 2,018.80, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 194.21.
Price to Earnings Growth Ratio
Greggs has a PEG Ratio of 3.27. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Greggs has a P/B Ratio of 6.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Greggs (LON:GRG) Stock

Greggs 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.

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GRG Stock News Headlines

November 29, 2022 | finance.yahoo.com

Is Greggs plc's (LON:GRG) Recent Stock Performance Tethered To Its Strong Fundamentals?

November 11, 2022 | finance.yahoo.com

We Ran A Stock Scan For Earnings Growth And Greggs (LON:GRG) Passed With Ease

December 9, 2022 | Investing Trends (Ad)

Elon Musk Sees Serious Crisis

When Tesla's Elon Musk says there's a major shortage of a key material used in electric vehicles...and says prices for this material are "CRAZY"...you can bet there's an incredible investment opportunity in that crisis.

November 3, 2022 | fool.co.uk

Is the Greggs share price worth a bite?

October 28, 2022 | finance.yahoo.com

Greggs' (LON:GRG) five-year earnings growth trails the 12% YoY shareholder returns

October 18, 2022 | uk.finance.yahoo.com

2 FTSE 250 stocks I’m backing to boom in 2023 - Yahoo Finance UK

October 14, 2022 | bizjournals.com

Why Gregg Anderson of Mid City Truck is quitting the only job he ever wanted - Chicago Business Journal - The Business Journals

October 14, 2022 | finance.yahoo.com

With 88% ownership of the shares, Greggs plc (LON:GRG) is heavily dominated by institutional owners

December 9, 2022 | Investing Trends (Ad)

Nobel Prize Winner's Premonition About Nuclear Energy Comes True

Nobel Prize-winning physicist Dr. Burton Richter made a controversial statement 15 years ago. Despite skepticism, he predicted that more nuclear power was needed to help combat the damaging effects of a changing climate. As it turns out, he was correct... Experts now advise that nuclear power is the ONLY realistic way for the world to meet climate goals and achieve energy independence.

October 6, 2022 | globenewswire.com

Sandy Munro, Gregg Vane Join CyberLandr's Advisory Board - GlobeNewswire

October 4, 2022 | uk.finance.yahoo.com

UK's Greggs raises price of sausage roll again - Yahoo Finance UK

October 4, 2022 | reuters.com

UK shares record best day in months; Greggs surges on higher sales - Reuters

October 4, 2022 | fool.co.uk

Will Greggs shares be my investment of the decade? - Motley Fool UK

October 4, 2022 | bloomberg.com

FTSE News: BOE Eases Pressure on Pension Clients, L&G Update, Greggs, Made.com - Bloomberg

October 4, 2022 | reuters.com

Britain's Greggs shows resilience with quarterly sales rise - Reuters

October 3, 2022 | uk.finance.yahoo.com

You can get a free hot drink and bake from Greggs' - Find out how - Yahoo Finance UK

September 28, 2022 | washingtonpost.com

Gregg Berhalter, USMNT face tough task ahead of World Cup - The Washington Post

September 25, 2022 | wsj.com

The Fast-Food Chain With a Sold-Out Fashion Line - The Wall Street Journal

September 24, 2022 | finance.yahoo.com

Greggs (LON:GRG) Is Aiming To Keep Up Its Impressive Returns

September 15, 2022 | usatoday.com

USMNT coach Gregg Berhalter is educating his team on Qatar human rights issues - USA TODAY

September 15, 2022 | usatoday.com

San Antonio Spurs Gregg Popovich visits with Las Vegas Aces - USA TODAY

September 8, 2022 | nytimes.com

‘I’m Enough’: Gregg Mozgala on His Debut in ‘Cost of Living - The New York Times

September 3, 2022 | businessinsider.com

Gibson Dunn Hires Appeals Judge Gregg Costa in Houston - Business Insider

September 3, 2022 | foxnews.com

Biden will use the 'full force of the federal government' against you if you dare oppose him: Gregg Jarrett - Fox News

September 1, 2022 | washingtonpost.com

USMNT roster remains unsettled for Gregg Berhalter - The Washington Post

August 30, 2022 | foxnews.com

Gregg Jarrett: FBI has used power to 'target people for political reasons' - Fox News

August 24, 2022 | fool.co.uk

Here's 1 FTSE stock that could be recession-proof! - Motley Fool UK

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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GRG Company Calendar

Last Earnings: 7/28/2020
Ex-Dividend for 10/7 Dividend: 9/08/2022
Dividend Payable: 10/07/2022
Today: 12/09/2022

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Industry, Sector and Symbol

Stock Exchange: LON
Industry: Grocery Stores
Sub-Industry: N/A
Sector: Business Services
Current Symbol: LON:GRG
CUSIP: N/A
CIK: N/A
Web: www.greggs.co.uk
Phone: +44-191-2817721
Fax: N/A
Employees: 25,174
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: GBX 2,616.67
High Stock Price Forecast: GBX 3,000
Low Stock Price Forecast: GBX 1,950
Forecasted Upside/Downside: +10.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 2,033.82
Forward P/E Ratio: 19.41
P/E Growth: 3.27
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 74.29
Current Ratio: 1.04
Quick Ratio: 0.88

Sales & Book Value

Annual Sales: £1.38 billion
Price / Sales: 1.76
Cash Flow: GBX 143.23 per share
Price / Cash Flow: 16.61
Book Value: GBX 385.60 per share
Price / Book: 6.17

Miscellaneous

Outstanding Shares: 102,095,000
Free Float: N/A
Market Cap: £2.43 billion
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Richard John Hutton F.C.A. (Age 53)
FCA, Fin. Director & Exec. Director
Comp: $812.75k

Mr. Roger Whiteside O.B.E. (Age 64)
Exec. Officer
Comp: $1.41M

Ms. Roisin Currie
CEO & Exec. Director

Mr. Jonathan D. Jowett LL.M (Age 59)
Gen. Counsel & Company Sec.

Emma Walton
People Director & Head of People

Mr. Tony Rowson
Head of Retail

Mr. Raymond Reynolds (Age 62)
Property & Bus. Devel. Director

Malcolm Copland
Commercial Director

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GRG Stock - Frequently Asked Questions

Should I buy or sell Greggs stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Greggs in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GRG shares.
View GRG analyst ratings or view top-rated stocks.
What is Greggs' stock price forecast for 2023?: 4 brokers have issued 1 year price targets for Greggs' stock. Their GRG share price forecasts range from GBX 1,950 to GBX 3,000. On average, they predict the company's stock price to reach GBX 2,616.67 in the next year. This suggests a possible upside of 11.5% 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 2022?: Greggs' stock was trading at GBX 3,337 at the start of the year. Since then, GRG stock has decreased by 29.7% and is now trading at GBX 2,346.
View the best growth stocks for 2022 here.
How were Greggs' earnings last quarter?: Greggs plc (LON:GRG) released its quarterly earnings results on Tuesday, July, 28th. The company reported ($53.40) EPS for the quarter.
How often does Greggs pay dividends? What is the dividend yield for Greggs?: Greggs declared a dividend on Tuesday, August 2nd. Investors of record on Thursday, September 8th will be paid a dividend of GBX 15 per share on Friday, October 7th. This represents a dividend yield of 0.72%. The ex-dividend date is Thursday, September 8th. The official announcement can be viewed at this link.
Read our dividend analysis for GRG.
Is Greggs a good dividend stock?: Greggs (LON:GRG) pays an annual dividend of GBX 0.57 per share and currently has a dividend yield of 2.43%. The dividend payout ratio is 48.72%. This payout ratio is at a healthy, sustainable level, below 75%.
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 2,346.
How much money does Greggs make?: Greggs (LON:GRG) has a market capitalization of £2.40 billion and generates £1.38 billion in revenue each year.
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 12/9/2022 by MarketBeat.com Staff

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Greggs - GRG Share Forecast, Price & News

Greggs MarketRank™ Forecast

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

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Greggs (LON:GRG) Stock

GRG Stock News Headlines

GRG Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

GRG Stock - Frequently Asked Questions

Overall MarketRank^™