LON:KITW

Kitwave Group (KITW) Share Price, News & Analysis

GBX 380
+18.00 (+4.97%)
(As of 04:35 PM ET)
Today's Range
367
385.60
50-Day Range
293
373
52-Week Range
236.40
385.60
Volume
302,327 shs
Average Volume
155,252 shs
Market Capitalization
£266.42 million
P/E Ratio
1,461.54
Dividend Yield
2.89%
Price Target
GBX 422.50

Kitwave Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
11.2% Upside
GBX 422.50 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.46mentions of Kitwave Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
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.

1.31 out of 5 stars

KITW stock logo

About Kitwave Group Stock (LON:KITW)

Kitwave Group plc engages in the wholesale business in the United Kingdom. It operates in 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, and ready meals, as well as 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. Kitwave Group plc was founded in 1987 and is headquartered in North Shields, the United Kingdom.

KITW Stock Price History

KITW Stock News Headlines

Kitwave Group (LON:KITW) Trading Down 0.6%
World’s biggest multibillionaire investor is buying THIS by the ton [picture]
Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.
World’s biggest multibillionaire investor is buying THIS by the ton [picture]
Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.
Kitwave Group PLC 8R9
Kitwave Group PLC KITW
This nimble wholesaler can hold its own against large rivals
See More Headlines
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Company Calendar

Ex-Dividend for 4/26 Dividend
4/04/2024
Today
4/25/2024
Dividend Payable
4/26/2024

Industry, Sector and Symbol

Industry
Food Distribution
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 422.50
High Stock Price Target
GBX 455
Low Stock Price Target
GBX 390
Potential Upside/Downside
+11.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
£18.96 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£602.22 million
Cash Flow
GBX 17.06 per share
Book Value
GBX 121 per share

Miscellaneous

Free Float
N/A
Market Cap
£264.88 million
Optionable
Not Optionable
Beta
0.86
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Key Executives

  • Mr. Benjamin John Maxted A.C.A. (Age 41)
    CEO & Director
    Comp: $314.28k
  • Mr. David L. Brind F.C.A. (Age 52)
    CFO & Director
    Comp: $319.42k
  • Mr. Jay MacKay
    Managing Director of On-Trade Division - Foodservice
  • Mr. Mark Earl F.C.A.
    Group Financial Controller

KITW Stock Analysis - Frequently Asked Questions

Should I buy or sell Kitwave Group stock right now?

2 Wall Street equities 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 equities 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 equities research analysts have issued 1-year price targets for Kitwave Group's shares. Their KITW share price targets range from GBX 390 to GBX 455. On average, they anticipate the company's share price to reach GBX 422.50 in the next year. This suggests a possible upside of 11.2% 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 2024?

Kitwave Group's stock was trading at GBX 255 at the beginning of 2024. Since then, KITW stock has increased by 49.0% and is now trading at GBX 380.
View the best growth stocks for 2024 here
.

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

Kitwave Group declared a dividend on Wednesday, February 28th. Investors of record on Thursday, April 4th will be given a dividend of GBX 7.45 per share on Friday, April 26th. This represents a yield of 2.51%. The ex-dividend date of this dividend is Thursday, April 4th. This is an increase from the stock's previous dividend of GBX 3.75. The official announcement can be viewed 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 3.08%. The dividend payout ratio is 4,230.77%. 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 4/25/2024 by MarketBeat.com Staff

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