LON:REDD

Redde Northgate (REDD) Share Price, News & Analysis

GBX 382.50
+5.50 (+1.46%)
(As of 04/24/2024 ET)
Today's Range
376
384
50-Day Range
338
383
52-Week Range
310
395.74
Volume
214,647 shs
Average Volume
415,961 shs
Market Capitalization
£864.83 million
P/E Ratio
671.05
Dividend Yield
6.54%
Price Target
GBX 450

Redde Northgate MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
17.6% Upside
GBX 450 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.52mentions of Redde Northgate in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
£993,645 Bought Last Quarter
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.

3.00 out of 5 stars

REDD stock logo

About Redde Northgate Stock (LON:REDD)

Redde Northgate plc provides mobility solutions and automotive services in the United Kingdom, Spain, and Ireland. The company offers contact center support, sales, claim processing, customer service, and general insurance products; provides fleet management, rapid response, and recovery management services; and supplies and installs electric vehicle charging equipment. In addition, it provides personal injury law and legal advice services; light commercial vehicle hire services; used vans and cars for business, and private individuals; and automotive crash repair and accident administration services. Further, the company operates a fleet of approximately 130,000 owned and leased vehicles, and approximately 700,000 managed vehicles. Redde Northgate plc was formerly known as Northgate plc and changed its name to Redde Northgate plc in February 2020. The company was incorporated in 1897 and is headquartered in Darlington, the United Kingdom.

REDD Stock Price History

REDD Stock News Headlines

Redde Northgate PLC REDD
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Compare with Redde Northgate PLC (REDD)
Redde Northgate Plc - Holding(s) in Company
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Redde Northgate plc (REDD.L)
Redde Northgate PLC (REDD)
Redde Northgate Share Chat
Halfords talks over £1.3bn van firm tie-up
See More Headlines
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Industry, Sector and Symbol

Industry
Rental & Leasing Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
7,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 450
High Stock Price Target
GBX 450
Low Stock Price Target
GBX 450
Potential Upside/Downside
+18.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
£131.81 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£1.70 billion
Cash Flow
GBX 9.33 per share
Book Value
GBX 452 per share

Miscellaneous

Free Float
N/A
Market Cap
£858.96 million
Optionable
Not Optionable
Beta
1.65
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Key Executives

  • Mr. Martin Ward (Age 57)
    CEO & Director
    Comp: $1.46M
  • Mr. Philip James Vincent (Age 55)
    Group CFO & Executive Director
    Comp: $857k
  • Ms. Diane Hames
    Chief Information Officer
  • James Edward Spencer Kerton
    General Counsel & Company Secretary
  • Mr. Mark Tredwell
    Head of Development
  • Russell Smithers
    Managing Director
  • Mr. Harvey Stead
    Managing Director of Redde
  • Mr. Roberto Maestro
    Chief Financial Officer of Spain
  • Jorge Alarcon Alejandre
    Managing Director of Northgate Spain
  • Debbie MacMorran
    Managing Director of Equine Rescue Service

REDD Stock Analysis - Frequently Asked Questions

Should I buy or sell Redde Northgate stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Redde Northgate in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" REDD shares.
View REDD analyst ratings
or view top-rated stocks.

What is Redde Northgate's stock price target for 2024?

1 brokerages have issued 1-year price objectives for Redde Northgate's stock. Their REDD share price targets range from GBX 450 to GBX 450. On average, they predict the company's share price to reach GBX 450 in the next year. This suggests a possible upside of 17.6% from the stock's current price.
View analysts price targets for REDD
or view top-rated stocks among Wall Street analysts.

How have REDD shares performed in 2024?

Redde Northgate's stock was trading at GBX 363.50 on January 1st, 2024. Since then, REDD stock has increased by 5.2% and is now trading at GBX 382.50.
View the best growth stocks for 2024 here
.

How often does Redde Northgate pay dividends? What is the dividend yield for Redde Northgate?

Redde Northgate announced a dividend on Wednesday, December 6th. Stockholders of record on Thursday, December 14th will be paid a dividend of GBX 8.30 per share on Friday, January 12th. This represents a yield of 2.31%. The ex-dividend date of this dividend is Thursday, December 14th. The official announcement can be viewed at this link.
Read our dividend analysis for REDD
.

Is Redde Northgate a good dividend stock?

Redde Northgate (LON:REDD) pays an annual dividend of GBX 25 per share and currently has a dividend yield of 6.56%. REDD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 4,385.96%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for REDD.

What other stocks do shareholders of Redde Northgate own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Redde Northgate investors own include Tungsten (TUNG), Diageo (DGE), Entergy (ETR), GSK (GSK), United Utilities Group (UU), Avast (AVST), Asiamet Resources (ARS), ArcBest (ARCB) and American Renal Associates (ARA).

How do I buy shares of Redde Northgate?

Shares of REDD 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:REDD) was last updated on 4/24/2024 by MarketBeat.com Staff

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