LON:NXR

Norcros (NXR) Share Forecast, Price & News

GBX 171.50

-0.75 (-0.44%)

(As of 09:48 AM ET)

Compare

Today's Range: 170.25
▼
171.50
50-Day Range: 170
▼
195
52-Week Range: 165
▼
256

Volume: 10,895 shs
Average Volume: 54,027 shs
Market Capitalization: £153.10 million

P/E Ratio: 635.19
Dividend Yield: 5.83%
Price Target: GBX 365

Profile Analyst Ratings Chart Competitors Dividend Insider Trades Headlines

Norcros MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 112.8% Upside
GBX 365 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.

2.22 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Norcros 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 365, Norcros has a forecasted upside of 112.8% from its current price of GBX 171.50.
Amount of Analyst Coverage
Norcros 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 NXR.

1.7

Dividend Strength

Dividend Leadership
Norcros is a leading dividend payer. It pays a dividend yield of 5.88%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Norcros does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Norcros is 3,703.70%. 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 NXR.

2.7

News and Social Media Coverage

News Sentiment
Norcros has a news sentiment score of 0.88. 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 higher news sentiment than the 0.33 average news sentiment score of Industrials companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Norcros this week, compared to 0 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Norcros insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 9.32% of the stock of Norcros is held by insiders.
Percentage Held by Institutions
64.44% of the stock of Norcros is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Norcros is 635.19, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 126.09.
Price to Earnings Ratio vs. Sector
The P/E ratio of Norcros is 635.19, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 557.16.
Price to Book Value per Share Ratio
Norcros has a P/B Ratio of 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Norcros (LON:NXR) Stock

Norcros plc, together with its subsidiaries, designs, manufactures, and distributes bathroom and kitchen products in the United Kingdom and South Africa. The company manufactures and distributes electric and mixer showers, and accessories under the Triton brand name; shower enclosures and trays to the residential, commercial, and hospitality sectors under the Merlyn brand; taps, mixer showers, bathroom accessories, and valves under the Vado brand name; and accessories and furniture for the bathroom, such as toilet seats, wall-mounted cupboards, vanity units, shower rods, rails, and curtains to retail and trade customers under the Croydex brand name. It also offers kitchen taps, sinks, and instant hot water taps under the Abode brand name; ceramic wall and floor tiles under the Johnson Tiles brand name; and adhesives, grouts, and surface preparation products under the Norcros Adhesives brand name for fixing ceramic and porcelain tiles, mosaics, natural stones, and marbles. In addition, the company provides tile adhesives, pourable floor coverings, and tiling tools for various types of ceramic, porcelain, or natural stone tiles; and various products for the preparation of floors before the installation of hard and soft floor coverings, including primers, additives, patching and repair compounds, and screeds and self-levelling screeds, as well as waterproofing systems under the TAL brand name, as well as specialist plumbing materials under the House of Plumbing brand name. Further, it manufactures waterproof decorative bathroom wall panels under the Home of Multipanel brand name; and retails wall and floor tiles, adhesives, showers, sanitaryware, and bathroom fittings under the Tile Africa brand name. The company serves consumers, architects, designers, developers, retailers, and wholesalers. Norcros plc was incorporated in 1999 and is headquartered in Wilmslow, the United Kingdom.

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NXR Stock News Headlines

May 30, 2023 | marketwatch.com

Norcros Names Steve Good as New Chairman

May 21, 2023 | finance.yahoo.com

iWOW Technology Limited (NXR.SI)

June 1, 2023 | Edge On The Street (Ad)

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AI, or Artificial Intelligence, is all the rage right now. AI technologies are empowering users in every industry to increase sales, efficiency, and productivity. It's truly a case of adapt or fail.

April 30, 2023 | americanbankingnews.com

Norcros (LON:NXR) Stock Price Crosses Above 200 Day Moving Average of $191.13

April 24, 2023 | nasdaq.com

Norcros (LSE:NXR) Price Target Decreased by 14.31% to 332.78

April 20, 2023 | wsj.com

Norcros PLC

April 16, 2023 | americanbankingnews.com

Norcros' (NXR) "Buy" Rating Reaffirmed at Shore Capital

April 9, 2023 | finance.yahoo.com

With 81% ownership of the shares, Norcros plc (LON:NXR) is heavily dominated by institutional owners

June 1, 2023 | Edge On The Street (Ad)

AI is Unstoppable. Now Is The Time!

AI, or Artificial Intelligence, is all the rage right now. AI technologies are empowering users in every industry to increase sales, efficiency, and productivity. It's truly a case of adapt or fail.

March 19, 2023 | ca.finance.yahoo.com

Nexus Industrial REIT (NXR-UN.TO)

March 19, 2023 | finance.yahoo.com

Investors in Norcros (LON:NXR) have made a notable return of 45% over the past three years

March 3, 2023 | msn.com

The spectacular Norcros Adhesives collapse that's cost 70 Stokies their jobs

February 25, 2023 | finance.yahoo.com

At UK£2.10, Is It Time To Put Norcros plc (LON:NXR) On Your Watch List?

February 3, 2023 | finance.yahoo.com

Norcros plc's (LON:NXR) Intrinsic Value Is Potentially 95% Above Its Share Price

January 13, 2023 | finance.yahoo.com

Norcros plc's (LON:NXR) Stock Is Going Strong: Is the Market Following Fundamentals?

November 12, 2022 | finance.yahoo.com

Norcros (LON:NXR) Is Paying Out A Larger Dividend Than Last Year

November 11, 2022 | finance.yahoo.com

Norcros First Half 2023 Earnings: EPS: UK£0.13 (vs UK£0.16 in 1H 2022)

October 30, 2022 | finance.yahoo.com

With 81% ownership, Norcros plc (LON:NXR) boasts of strong institutional backing

October 9, 2022 | finance.yahoo.com

Despite delivering investors losses of 34% over the past 1 year, Norcros (LON:NXR) has been growing its earnings

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

Norcros plc (NXR.L)

September 1, 2022 | finance.yahoo.com

These 4 Measures Indicate That Norcros (LON:NXR) Is Using Debt Safely

August 14, 2022 | reuters.com

NXR.L - Norcros plc | Stock Price & Latest News | Reuters

July 19, 2022 | marketwatch.com

Norcros 1Q Performance Was Robust But UK Revenue Hurt by Customer Destocking

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

Three reasons why the Norcros dividend looks solid

June 15, 2022 | uk.finance.yahoo.com

The Norcros share price - is the market missing something?

June 9, 2022 | finance.yahoo.com

Norcros posts record revenues as homeowners upgrade properties

June 9, 2022 | marketwatch.com

Norcros FY 2022 Pretax Profit Rose on Higher Revenue

See More Headlines

NXR Price History

30 days | 90 days | 365 days | Advanced Chart

Industry, Sector and Symbol

Stock Exchange: LON
Industry: General Building Materials
Sub-Industry: N/A
Sector: Industrials
Current Symbol: LON:NXR
CUSIP: N/A
CIK: N/A
Web: www.norcros.com
Phone: +44-1625-549010
Fax: N/A
Employees: 2,100
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: GBX 365
High Stock Price Forecast: GBX 365
Low Stock Price Forecast: GBX 365
Forecasted Upside/Downside: +112.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.27
Trailing P/E Ratio: 635.19
Forward P/E Ratio: 5.56
P/E Growth: N/A
Net Income: £23.40 million
Net Margins: 5.63%
Pretax Margin: N/A
Return on Equity: 12.26%
Return on Assets: 5.64%

Debt

Debt-to-Equity Ratio: 53.80
Current Ratio: 1.88
Quick Ratio: 0.91

Sales & Book Value

Annual Sales: £415.30 million
Price / Sales: 0.37
Cash Flow: GBX 32.88 per share
Price / Cash Flow: 5.22
Book Value: GBX 240 per share
Price / Book: 0.71

Miscellaneous

Outstanding Shares: 89,270,000
Free Float: N/A
Market Cap: £153.10 million
Optionable: Not Optionable
Beta: 1.30

Key Executives

Mr. Nicholas P. Kelsall A.C.A. (Age 65)
CEO & Exec. Director
Comp: $865.79k

Mr. James Eyre
CFO & Exec. Director

Mr. Richard H. Collins (Age 60)
Group Counsel & Company Sec.

Mr. Chris Mulligan
Director of Corp. Devel. & Strategy

Mr. Stephen Dixon
Managing Director of Johnson Tiles

Mr. David Tutton
Managing Director of Triton

Mr. Charlie Soden
Managing Director of Merlyn

Mr. Matthew Pitt
Managing Director of Abode

Mr. Kevin Swan
Managing Director of South Africa

Andy Baines
Managing Director of VADO

Key Competitors

View All Competitors

Insiders

Nick Kelsall
Sold 25,222 shares
Total: £5.67 M ($225.00/share)

View All Insider Transactions

NXR Stock - Frequently Asked Questions

Should I buy or sell Norcros stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Norcros in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NXR shares.
View NXR analyst ratings or view top-rated stocks.
What is Norcros' stock price forecast for 2023?: 2 analysts have issued 1 year target prices for Norcros' stock. Their NXR share price forecasts range from GBX 365 to GBX 365. On average, they expect the company's stock price to reach GBX 365 in the next twelve months. This suggests a possible upside of 112.8% from the stock's current price.
View analysts price targets for NXR or view top-rated stocks among Wall Street analysts.
How have NXR shares performed in 2023?: Norcros' stock was trading at GBX 180 at the beginning of 2023. Since then, NXR shares have decreased by 4.7% and is now trading at GBX 171.50.
View the best growth stocks for 2023 here.
How often does Norcros pay dividends? What is the dividend yield for Norcros?: Norcros declared a dividend on Wednesday, November 9th. Investors of record on Thursday, November 24th will be paid a dividend of GBX 3.40 per share on Tuesday, January 10th. This represents a dividend yield of 1.94%. The ex-dividend date of this dividend is Thursday, November 24th. The official announcement can be seen at this link.
Read our dividend analysis for NXR.
Is Norcros a good dividend stock?: Norcros (LON:NXR) pays an annual dividend of GBX 10 per share and currently has a dividend yield of 5.88%. NXR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 3,703.70%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for NXR.
What other stocks do shareholders of Norcros own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Norcros investors own include Photo-Me International (PHTM), Lloyds Banking Group (LLOY), Sirius Minerals (SXX), Babcock International Group (BAB), Telford Homes (TEF), Cineworld Group (CINE), Collagen Solutions plc (COS.L) (COS), Debenhams (DEB), International Consolidated Airlines Group (IAG) and ITV (ITV).

What is Norcros' stock symbol?: Norcros trades on the London Stock Exchange (LON) under the ticker symbol "NXR."
How do I buy shares of Norcros?: Shares of NXR 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 Norcros' stock price today?: One share of NXR stock can currently be purchased for approximately GBX 171.50.
How much money does Norcros make?: Norcros (LON:NXR) has a market capitalization of £153.10 million and generates £415.30 million in revenue each year. The company earns £23.40 million in net income (profit) each year or GBX 0.27 on an earnings per share basis.
How many employees does Norcros have?: The company employs 2,100 workers across the globe.
How can I contact Norcros?: Norcros' mailing address is Ladyfield House, Station Road, WILMSLOW, SK9 1BU, United Kingdom. The official website for the company is www.norcros.com. The company can be reached via phone at +44-1625-549010.

This page (LON:NXR) was last updated on 6/1/2023 by MarketBeat.com Staff

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Norcros (NXR) Share Forecast, Price & News

Norcros 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

News Coverage This Week

Company Ownership

Earnings and Valuation

About Norcros (LON:NXR) Stock

NXR Stock News Headlines

NXR Price History

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

NXR Stock - Frequently Asked Questions

Overall MarketRank^™