Should I buy or sell Kitwave Group stock right now?

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

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

2 analysts have issued 1-year price objectives for Kitwave Group's shares. Their KITW share price targets range from GBX 390 to GBX 435. On average, they predict the company's share price to reach GBX 412.50 in the next year. This suggests a possible upside of 59.9% from the stock's current price. View analysts price targets for KITW or view top-rated stocks among Wall Street analysts .

How have KITW shares performed in 2023?

Kitwave Group's stock was trading at GBX 192 at the beginning of the year. Since then, KITW stock has increased by 34.4% and is now trading at GBX 258. View the best growth stocks for 2023 here .

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

Kitwave Group declared a dividend on Tuesday, July 4th. Stockholders of record on Thursday, July 13th will be given a dividend of GBX 3.75 per share on Friday, August 4th. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, July 13th. The official announcement can be accessed at this link . Read our dividend analysis for KITW .

Is Kitwave Group a good dividend stock?

Kitwave Group (LON:KITW) pays an annual dividend of GBX 11 per share and currently has a dividend yield of 4.05%. KITW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 KITW .

How do I buy shares of Kitwave Group?

Shares of KITW 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 .

Kitwave Group Share Price, News & Analysis (LON:KITW)

GBX 258

-1.00 (-0.39%)

(As of 04:35 PM ET)

Compare

Today's Range: 255
▼
264.04
50-Day Range: 244
▼
275.50
52-Week Range: 171
▼
341.57

Volume: 166,337 shs
Average Volume: 270,412 shs
Market Capitalization: £180.60 million

P/E Ratio: 1,172.73
Dividend Yield: 4.26%
Price Target: GBX 412.50

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

Kitwave Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 59.9% Upside
GBX 412.50 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
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.

2.01 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Kitwave 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.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 412.50, Kitwave Group has a forecasted upside of 59.9% from its current price of GBX 258.
Amount of Analyst Coverage
Kitwave 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 KITW.

1.7

Dividend Strength

Dividend Leadership
Kitwave Group is a leading dividend payer. It pays a dividend yield of 4.05%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Kitwave Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Kitwave Group is 5,000.00%. 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 KITW.

0.6

News and Social Media Coverage

MarketBeat Follows
1 people have added Kitwave Group to their MarketBeat watchlist in the last 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Kitwave Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
25.02% of the stock of Kitwave Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
74.10% of the stock of Kitwave 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 Kitwave Group is 1,172.73, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 119.03.
Price to Earnings Ratio vs. Sector
The P/E ratio of Kitwave Group is 1,172.73, which means that it is trading at a more expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 272.22.
Price to Book Value per Share Ratio
Kitwave Group has a P/B Ratio of 2.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Kitwave Group

Kitwave Group plc engages in the wholesale business in the United Kingdom. The company operates through three divisions: Ambient, Frozen & Chilled, and Foodservice. The Ambient division supplies confectionery, soft drinks, crisps and snacks, and tobacco. This division serves independent convenience stores, vending operators, national retailers, and other UK wholesalers. The Frozen & Chilled division offers ice creams, pizzas, chips, ready meals, and a range of chilled products. It serves independent convenience stores, leisure outlets, and UK wholesalers. The Foodservice division provides frozen, chilled, and ambient food, as well as alcohol and soft drinks to independent traditional foodservice outlets, including bars, restaurants, and leisure outlets, as well as customers in the care home and education sectors. The company was founded in 1987 and is headquartered in North Shields, the United Kingdom.

KITW Stock Price History

30 days | 90 days | 365 days | Advanced Chart

KITW Stock News Headlines

November 23, 2023 | morningstar.com

Kitwave Group PLC KITW

November 23, 2023 | finance.yahoo.com

Kitwave Group (LON:KITW) Is Reinvesting At Lower Rates Of Return

December 6, 2023 | DTI Trader (Ad)

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November 23, 2023 | finance.yahoo.com

Kitwave Group plc (LON:KITW) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?

August 23, 2023 | uk.finance.yahoo.com

This nimble wholesaler can hold its own against large rivals

August 23, 2023 | finance.yahoo.com

Kitwave Group plc (LON:KITW) is largely controlled by institutional shareholders who own 62% of the company

See More Headlines

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Industry, Sector and Symbol

Stock Exchange: LON
Industry: Food Distribution
Sub-Industry: N/A
Sector: Consumer Defensive
Current Symbol: LON:KITW
CUSIP: N/A
CIK: N/A
Web: www.kitwave.co.uk
Phone: 44 19 1259 2277
Fax: N/A
Employees: 1,500
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 412.50
High Stock Price Target: GBX 435
Low Stock Price Target: GBX 390
Potential Upside/Downside: +59.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.22
Trailing P/E Ratio: 1,177.27
Forward P/E Ratio: 8.84
P/E Growth: N/A
Net Income: £16.27 million
Net Margins: 2.93%
Pretax Margin: N/A
Return on Equity: 23.71%
Return on Assets: 7.03%

Debt

Debt-to-Equity Ratio: 90.32
Current Ratio: 1.13
Quick Ratio: 0.65

Sales & Book Value

Annual Sales: £554.73 million
Price / Sales: 0.33
Cash Flow: GBX 11.69 per share
Price / Cash Flow: 22.15
Book Value: GBX 105 per share
Price / Book: 2.47

Miscellaneous

Outstanding Shares: 70,000,000
Free Float: N/A
Market Cap: £181.30 million
Optionable: Not Optionable
Beta: 0.93

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Key Executives

Mr. Paul Young A.C.M.A. (Age 65)
Founder, Chief Executive Officer & Director
Comp: $364.81k
Mr. David L. Brind F.C.A. (Age 49)
CFO & Director
Comp: $252.22k
Mr. Benjamin John Maxted A.C.A. (Age 40)
COO, Group Operations Director, MD of Frozen & Chilled Division and Director
Comp: $225.41k
Mr. Jay MacKay
Managing Director of On-Trade Division - Foodservice
Roger Rossignol
Managing Director of Foodservice
Garreth Wilson
Managing Director of Foodservice
Sean Trow
Managing Director of Frozen & Chilled
Linda Wilson
Managing Director of Ambient
Sud Patel
Managing Director of Ambient
Nathan Glover
Managing Director of Ambient

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

KITW Stock Analysis - Frequently Asked Questions

Should I buy or sell Kitwave Group stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Kitwave Group in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" KITW shares.
View KITW analyst ratings or view top-rated stocks.
What is Kitwave Group's stock price target for 2024?: 2 analysts have issued 1-year price objectives for Kitwave Group's shares. Their KITW share price targets range from GBX 390 to GBX 435. On average, they predict the company's share price to reach GBX 412.50 in the next year. This suggests a possible upside of 59.9% from the stock's current price.
View analysts price targets for KITW or view top-rated stocks among Wall Street analysts.
How have KITW shares performed in 2023?: Kitwave Group's stock was trading at GBX 192 at the beginning of the year. Since then, KITW stock has increased by 34.4% and is now trading at GBX 258.
View the best growth stocks for 2023 here.
How often does Kitwave Group pay dividends? What is the dividend yield for Kitwave Group?: Kitwave Group declared a dividend on Tuesday, July 4th. Stockholders of record on Thursday, July 13th will be given a dividend of GBX 3.75 per share on Friday, August 4th. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, July 13th. The official announcement can be accessed at this link.
Read our dividend analysis for KITW.

Is Kitwave Group a good dividend stock?: Kitwave Group (LON:KITW) pays an annual dividend of GBX 11 per share and currently has a dividend yield of 4.05%. KITW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 KITW.
How do I buy shares of Kitwave Group?: Shares of KITW 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:KITW) was last updated on 12/6/2023 by MarketBeat.com Staff

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Kitwave Group Share Price, News & Analysis (LON:KITW)

Kitwave 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

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Kitwave Group

KITW Stock Price History

KITW Stock News Headlines

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

KITW Stock Analysis - Frequently Asked Questions

Overall MarketRank^™