LON:MERMears Group Share Price, Forecast & News

GBX 167.50

-2.50 (-1.47 %)

(As of 05/26/2020 08:04 AM ET)

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Today's Range

167.43

Now: GBX 167.50▼

172.50

50-Day Range

123

MA: GBX 162.48▼

175

52-Week Range

115.40

Now: GBX 167.50▼

323

Volume4,011 shs

Average Volume179,226 shs

Market Capitalization£185.07 million

P/E Ratio7.79

Dividend Yield5.79%

BetaN/A

Mears Group PLC, through its subsidiaries, provides a range of outsourced services to the public and private sectors in the United Kingdom. It operates in two segments, Housing and Care. The company offers rapid response and planned maintenance services to local authorities and registered social landlords, including responsive repairs; gas and voids services; maintenance, repairs, capital works, and energy investment solution for public buildings; estate cleaning services; and grounds maintenance, hard landscaping, soft landscaping, and arboriculture. It also provides individual or archetypal energy and carbon assessments, and private sector finance; and installation services, such as insulation, glazing, heating, lighting, and renewable services; and monitoring and aftercare services. In addition, the company offers residential property management in partnership with landlords, investors, and local authorities; a range of new build development solutions on behalf of local authorities, ALMOs, and registered providers; and a range of home improvement services comprising advice and information, home improvements, disabled facilities grants, aids and adaptations, energy efficiency, small repairs, stairlifts, and home from hospital services, as well as minor adaptations that include ramps. Further, it provides facilities management and insourcing solutions; care services, which comprise personal care, cooking, cleaning, medication, or shopping for older and disabled people; and housing management, training, house building, insurance and professional services. The company was incorporated in 1996 and is headquartered in Gloucester, the United Kingdom.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Mears Group 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 337.50, Mears Group has a potential upside of 101.5% from its current price of GBX 167.50.
Amount of Analyst Coverage
Mears Group has only been the subject of 2 research reports in the past 90 days.

3.0 Community Rank

Outperform Votes
Mears Group has received 348 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Mears Group has received 234 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Mears Group has received 59.79% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Mears Group and other stocks. Vote “Outperform” if you believe MER will outperform the S&P 500 over the long term. Vote “Underperform” if you believe MER will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Mears Group is a leading dividend payer. It pays a dividend yield of 5.79%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Mears Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Mears Group is 0.33 %. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Mears Group insiders have not sold or bought any company stock.

1.9 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Mears Group is 7.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 13.95.
Price to Earnings Ratio vs. Sector
The P/E ratio of Mears Group is 7.79, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 11.38.
Price to Book Value per Share Ratio
Mears Group has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.13 out of 5 stars

Industry, Sector and Symbol

Stock Exchange LON

Industry Business Services

Sub-IndustryN/A

SectorIndustrials

Current SymbolLON:MER

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.mearsgroup.co.uk

Phone+44-87-06071400

Debt

Debt-to-Equity Ratio129.64

Current Ratio1.08

Quick Ratio0.88

Price-To-Earnings

Trailing P/E Ratio7.79

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales£915.34 million

Price / Sales0.20

Cash FlowGBX 37.07 per share

Price / Cash Flow4.52

Book ValueGBX 184.90 per share

Price / Book0.91

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees11,000

Outstanding Shares110,490,000

Market Cap£185.07 million

Next Earnings DateN/A

OptionableNot Optionable

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Mears Group (LON:MER) Frequently Asked Questions

How has Mears Group's stock been impacted by COVID-19 (Coronavirus)?

Mears Group's stock was trading at GBX 270 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MER stock has decreased by 38.0% and is now trading at GBX 167.50. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Mears Group?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mears Group in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Mears Group.

How were Mears Group's earnings last quarter?

Mears Group PLC (LON:MER) released its quarterly earnings data on Tuesday, August, 13th. The company reported $9.16 EPS for the quarter. View Mears Group's earnings history.

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

Mears Group declared a dividend on Tuesday, August 13th. Investors of record on Thursday, October 3rd will be given a dividend of GBX 3.65 per share on Thursday, October 24th. This represents a yield of 1.35%. The ex-dividend date of this dividend is Thursday, October 3rd. The official announcement can be accessed at this link. View Mears Group's dividend history.

What price target have analysts set for MER?

4 brokerages have issued 12 month target prices for Mears Group's shares. Their forecasts range from GBX 150 to GBX 450. On average, they anticipate Mears Group's stock price to reach GBX 337.50 in the next twelve months. This suggests a possible upside of 101.5% from the stock's current price. View analysts' price targets for Mears Group.

Has Mears Group been receiving favorable news coverage?

Headlines about MER stock have trended extremely negative recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Mears Group earned a media sentiment score of -5.0 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutMears Group.

Who are some of Mears Group's key competitors?

Some companies that are related to Mears Group include Smartgroup (SIQ), Smart Metering Systems (SMS), People (PEO), GDI Integrated Facility Services (GDI), ITE Group (ITE), James Fisher & Sons (FSJ), Capita (CPI), Equiniti Group (EQN), Calian Group (CGY), Restore (RST), Paypoint (PAY), Johnson Service Group (JSG), OFX Group Ltd Fully Paid Ord. Shrs (OFX), Knights Group (KGH) and ZCL Composites (ZCL). View all competitors.

What other stocks do shareholders of Mears Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Mears Group investors own include Topps Tiles (TPT), Vertu Motors (VTU), Dixons Carphone (DC), BT Group (BT), Connect Group (CNCT), Debenhams (DEB), Laird (LRD), Kier Group (KIE), Malibu Boats (MBUU) and Merchants Trust (MRCH).

Who are Mears Group's key executives?

Mears Group's management team includes the following people:

Mr. David J. Miles, CEO, COO & Director (Age 53)
Mr. Andrew C. M. Smith, Group Fin. Director & Exec. Director (Age 47)
Mr. Alan Long, Exec. Director (Age 56)
Mr. Ben Westran, Company Sec. (Age 42)
Ms. Bernadette Walsh, Chief Operating Officer of Mears Care (Age 57)

What is Mears Group's stock symbol?

Mears Group trades on the London Stock Exchange (LON) under the ticker symbol "MER."

How do I buy shares of Mears Group?

Shares of MER 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.

What is Mears Group's stock price today?

One share of MER stock can currently be purchased for approximately GBX 167.50.

How big of a company is Mears Group?

Mears Group has a market capitalization of £185.07 million and generates £915.34 million in revenue each year. Mears Group employs 11,000 workers across the globe.

What is Mears Group's official website?

The official website for Mears Group is www.mearsgroup.co.uk.

How can I contact Mears Group?

Mears Group's mailing address is 1390 Montpelier Court Gloucester Business Park, Brockworth, GLOUCESTER, GL3 4AH, United Kingdom. The company can be reached via phone at +44-87-06071400.

This page was last updated on 5/26/2020 by MarketBeat.com Staff