LON:PNN

Pennon Group - PNN Share Forecast, Price & News

GBX 930

-16.00 (-1.69%)

(As of 02/3/2023 12:00 AM ET)

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Today's Range: 922
▼
952.50
50-Day Range: 871
▼
971
52-Week Range: 735
▼
1,124

Volume: 673,327 shs
Average Volume: 635,794 shs
Market Capitalization: £2.43 billion

P/E Ratio: 5,166.67
Dividend Yield: 4.26%
Price Target: GBX 1,100.83

Pennon Group MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 18.4% Upside
GBX 1,100.83 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: -0.82
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: Acquiring Shares
£45,064 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.

1.59 out of 5 stars

2.3

Analyst's Opinion

Consensus Rating
Pennon Group has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 1,100.83, Pennon Group has a forecasted upside of 18.4% from its current price of GBX 930.
Amount of Analyst Coverage
Pennon 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 PNN.

1.7

Dividend Strength

Dividend Leadership
Pennon Group is a leading dividend payer. It pays a dividend yield of 4.26%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Pennon Group does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Pennon Group is 214.06%. Payout ratios above 75% are not desirable because they may not be sustainable.

4.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Pennon Group has received a 55.20% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Water management equipment control software", "Drinking water distribution engineering", "Drinking water distribution services", and "Wastewater management equipment" products. See details.
Environmental Sustainability
The Environmental Impact score for Pennon Group is -0.82.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Pennon Group this week, compared to 0 articles on an average week.
MarketBeat Follows
Only 1 people have added Pennon Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Pennon Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought £450.64 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 Pennon Group is 5,166.67, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 132.43.
Price to Earnings Ratio vs. Sector
The P/E ratio of Pennon Group is 5,166.67, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 101.66.
Price to Earnings Growth Ratio
Pennon Group has a PEG Ratio of 23.65. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Pennon Group has a P/B Ratio of 2.05. 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 Pennon Group (LON:PNN) Stock

Pennon Group Plc provides clean water and wastewater services in the United Kingdom. It provides water and wastewater services for customers in Cornwall, Devon, and parts of Dorset and Somerset; water-only services in the areas of Dorset, Hampshire, and Wiltshire; and water and wastewater retail services to non-household customers in Great Britain. The company also offers regulated water to approximately 1.2 million customers in the Bristol region. It serves approximately 50 million household and non-household customers. The company was incorporated in 1989 and is based in Exeter, the United Kingdom.

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PNN Stock News Headlines

January 30, 2023 | americanbankingnews.com

Analysts Set Pennon Group Plc (LON:PNN) Target Price at GBX 1,077

December 4, 2022 | finance.yahoo.com

Pennon Group Plc Just Beat Revenue By 5.1%: Here's What Analysts Think Will Happen Next

February 5, 2023 | Wall Street Watch Dogs (Ad)

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November 30, 2022 | msn.com

UK's FTSE 100 rises with Fed policy cues in focus

November 30, 2022 | msn.com

Water utility Pennon eyes more recruits, apprentices by 2030

November 6, 2022 | finance.yahoo.com

Is Pennon Group Plc (LON:PNN) Worth UK£8.7 Based On Its Intrinsic Value?

October 16, 2022 | finance.yahoo.com

Based On Its ROE, Is Pennon Group Plc (LON:PNN) A High Quality Stock?

September 30, 2022 | marketwatch.com

Pennon Says 1H Performance In Line With Expectations

February 5, 2023 | Investor Place Media (Ad)

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September 30, 2022 | reuters.com

Water utility Pennon expects annual power costs to surge

August 22, 2022 | fool.co.uk

LSE:PNN (Pennon Group)

June 29, 2022 | proactiveinvestors.com

Pennon's South West Water faces regulatory action over sewage spills

May 30, 2022 | proactiveinvestors.com

Pennon's interest-linked payments and B&M European's consumer appeal in focus on Tuesday

May 9, 2022 | finance.yahoo.com

Is Pennon Group Plc's (LON:PNN) ROE Of 2.7% Concerning?

April 1, 2022 | finance.yahoo.com

Pennon Group (LON:PNN) shareholders notch a 9.4% return over 1 year, yet earnings have been shrinking

March 31, 2022 | proactiveinvestors.com.au

UK households get the bad news tomorrow, US jobs and Pennon also due

March 25, 2022 | proactiveinvestors.com

It's time for Bellway, AG Barr, S4 Capital, Pennon and Team17 next week after clocks go forward

January 13, 2022 | reuters.com

Deals of the day Mergers and acquisitions

January 13, 2022 | reuters.com

UK watchdog may accept Pennon's remedies to allay Bristol Water deal woes

January 1, 2022 | markets.businessinsider.com

Pennon Group PLC : Price Monitoring Extension

January 1, 2022 | finance.yahoo.com

Pennon Group (LON:PNN) Is Increasing Its Dividend To UK£0.12

December 5, 2021 | ft.com

Investors’ Chronicle: Future Group, Pennon, Greencore

December 1, 2021 | lse.co.uk

Pennon's interim revenue and profit almost rise by third

November 17, 2021 | finance.yahoo.com

Are Poor Financial Prospects Dragging Down Pennon Group Plc (LON:PNN Stock?

November 7, 2021 | lse.co.uk

CMA partly clears Pennon's acquisition of Bristol Water

September 28, 2021 | proactiveinvestors.com

Pennon sees record demand for water pushing revenues higher

August 23, 2021 | proactiveinvestors.com

Is it time to cash in your Pennon shares? This international investment bank thinks the stock will underperform

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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PNN Company Calendar

Last Earnings: 6/04/2020
Ex-Dividend for 4/5 Dividend: 1/26/2023
Today: 2/05/2023
Dividend Payable: 4/05/2023

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Industry, Sector and Symbol

Stock Exchange: LON
Industry: Utilities - Regulated Water
Sub-Industry: N/A
Sector: Utilities
Current Symbol: LON:PNN
CUSIP: N/A
CIK: N/A
Web: www.pennon-group.co.uk
Phone: +44-1392-446677
Fax: N/A
Employees: 2,500
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: GBX 1,100.83
High Stock Price Forecast: GBX 1,300
Low Stock Price Forecast: GBX 880
Forecasted Upside/Downside: +18.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 5,166.67
Forward P/E Ratio: 26.47
P/E Growth: 23.65
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: 263.07
Current Ratio: 1.82
Quick Ratio: 1.54

Sales & Book Value

Annual Sales: £827.50 million
Price / Sales: 2.94
Cash Flow: GBX 73.25 per share
Price / Cash Flow: 12.70
Book Value: GBX 454.30 per share
Price / Book: 2.05

Miscellaneous

Outstanding Shares: 261,265,000
Free Float: N/A
Market Cap: £2.43 billion
Optionable: Not Optionable
Beta: N/A

Key Executives

Ms. Susan Jane Davy A.C.A. (Age 52)
ACA, B.Sc., Bsc Hons, Group CEO & Exec. Director
Comp: $741k

Mr. Paul Boote B.Sc.
F.C.A., Group CFO & Director

Jennifer Cooke
Group Investor Relations Mang.

Mr. Andrew Sheldon Garard (Age 55)
Group Gen. Counsel & Company Sec.

Ms. Adele Barker B.A.
Group Chief People Officer

Ms. Laura Flowerdew
Chief Customer & Digital Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions

PNN Stock - Frequently Asked Questions

Should I buy or sell Pennon Group stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pennon Group in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PNN shares.
View PNN analyst ratings or view top-rated stocks.
What is Pennon Group's stock price forecast for 2023?: 6 brokerages have issued 1-year target prices for Pennon Group's stock. Their PNN share price forecasts range from GBX 880 to GBX 1,300. On average, they anticipate the company's stock price to reach GBX 1,100.83 in the next twelve months. This suggests a possible upside of 18.4% from the stock's current price.
View analysts price targets for PNN or view top-rated stocks among Wall Street analysts.
How have PNN shares performed in 2023?: Pennon Group's stock was trading at GBX 888.50 at the start of the year. Since then, PNN shares have increased by 4.7% and is now trading at GBX 930.
View the best growth stocks for 2023 here.
How were Pennon Group's earnings last quarter?: Pennon Group Plc (LON:PNN) posted its earnings results on Thursday, June, 4th. The company reported $61.70 earnings per share for the quarter, beating the consensus estimate of $56.40 by $5.30.
How often does Pennon Group pay dividends? What is the dividend yield for Pennon Group?: Pennon Group declared a dividend on Thursday, November 30th. Shareholders of record on Thursday, January 26th will be paid a dividend of GBX 12.96 per share on Wednesday, April 5th. This represents a dividend yield of 1.42%. The ex-dividend date is Thursday, January 26th. The official announcement can be seen at this link.
Read our dividend analysis for PNN.
Is Pennon Group a good dividend stock?: Pennon Group (LON:PNN) pays an annual dividend of GBX 0.39 per share and currently has a dividend yield of 4.26%. PNN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 214.06%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for PNN.

What other stocks do shareholders of Pennon Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Pennon Group investors own include The Berkeley Group (BKG), Barclays (BARC), BP (BP), Glencore (GLEN), HSBC (HSBA), Legal & General Group (LGEN), Prudential (PRU), Unilever (ULVR), Howden Joinery Group (HWDN) and Lloyds Banking Group (LLOY).
What is Pennon Group's stock symbol?: Pennon Group trades on the London Stock Exchange (LON) under the ticker symbol "PNN."
How do I buy shares of Pennon Group?: Shares of PNN 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 Pennon Group's stock price today?: One share of PNN stock can currently be purchased for approximately GBX 930.
How much money does Pennon Group make?: Pennon Group (LON:PNN) has a market capitalization of £2.43 billion and generates £827.50 million in revenue each year.
How many employees does Pennon Group have?: The company employs 2,500 workers across the globe.
How can I contact Pennon Group?: Pennon Group's mailing address is Peninsula House, Rydon Lane, EXETER, EX2 7HR, United Kingdom. The official website for the company is www.pennon-group.co.uk. The company can be reached via phone at +44-1392-446677.

This page (LON:PNN) was last updated on 2/5/2023 by MarketBeat.com Staff

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Pennon Group - PNN Share Forecast, Price & News

Pennon Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Pennon Group (LON:PNN) Stock

PNN Stock News Headlines

PNN Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

PNN Stock - Frequently Asked Questions

Overall MarketRank^™