LON:TATE

Tate & Lyle (TATE) Share Forecast, Price & News

GBX 756

-3.00 (-0.40%)

(As of 04:38 PM ET)

Compare

Today's Range: 749
▼
760.79
50-Day Range: 759
▼
831.50
52-Week Range: 647.80
▼
837.50

Volume: 2.31 million shs
Average Volume: 1.12 million shs
Market Capitalization: £3.04 billion

P/E Ratio: 2,438.71
Dividend Yield: 2.38%
Price Target: GBX 909

Profile Analyst Ratings Chart Competitors Dividend Insider Trades Headlines

Tate & Lyle MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 20.2% Upside
GBX 909 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.

1.19 out of 5 stars

2.3

Analyst's Opinion

Consensus Rating
Tate & Lyle 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 909, Tate & Lyle has a forecasted upside of 20.2% from its current price of GBX 756.
Amount of Analyst Coverage
Tate & Lyle has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for TATE.

0.8

Dividend Strength

Dividend Yield
Tate & Lyle pays a meaningful dividend of 2.34%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Tate & Lyle does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Tate & Lyle is 5,806.45%. 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 TATE.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 1 news article for Tate & Lyle this week, compared to 6 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tate & Lyle insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.44% of the stock of Tate & Lyle is held by insiders.
Percentage Held by Institutions
65.37% of the stock of Tate & Lyle is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Tate & Lyle is 2,438.71, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 136.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tate & Lyle is 2,438.71, which means that it is trading at a more expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 262.53.
Price to Earnings Growth Ratio
Tate & Lyle has a PEG Ratio of 2.88. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Tate & Lyle has a P/B Ratio of 2.53. 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 Tate & Lyle (LON:TATE) Stock

Tate & Lyle PLC, together with its subsidiaries, provides ingredients and solutions to the food, beverage, and other industries in the United States, the United Kingdom, other European countries, and internationally. It operates through three segments: Food & Beverage Solutions, Sucralose, and Primary Products. The company offers texturants; nutritive sweeteners, such as high fructose corn syrup and dextrose; health and wellness ingredients; and stabilizers. It also provides industrial starches for paper, packaging, and industrial adhesives; acidulants, such as citric acid; and commodities comprising corn gluten feed and meal for animal nutrition, as well as corn oil and ethanol. In addition, the company engages in the treasury and insurance businesses; and provision of research and development services. Tate & Lyle PLC was incorporated in 1903 and is headquartered in London, the United Kingdom.

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TATE Stock News Headlines

June 8, 2023 | finance.yahoo.com

TLYB.SG - Tate & Lyle PLC

May 28, 2023 | americanbankingnews.com

Tate & Lyle's (TATE) "Buy" Rating Reiterated at Numis Securities

June 9, 2023 | Chaikin Analytics (Ad)

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May 26, 2023 | americanbankingnews.com

Tate & Lyle plc (LON:TATE) Declares Dividend Increase - GBX 13.10 Per Share

May 25, 2023 | msn.com

Tate & Lyle plots dividend boost as profits soar after food and drink maker cashes in on 'mammoth' price hikes

May 25, 2023 | msn.com

Morning in the City: Live updates as Ofgem lowers price cap, results from AJ Bell, Young’s and Tate & Lyle

May 25, 2023 | marketwatch.com

Tate & Lyle FY Oper Pft GBP196M

May 25, 2023 | reuters.com

Sweetener maker Tate & Lyle posts 22% jump in annual profit

June 9, 2023 | Behind the Markets (Ad)

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May 25, 2023 | msn.com

Sweet treat for Tate & Lyle shareholders as profits jump north of £300m

May 25, 2023 | nasdaq.com

Tate & Lyle FY23 Profit Surges, Lifts Final Dividend; Sees Growth Ahead

May 25, 2023 | msn.com

Focus on healthier food options driving strong performance, says Tate & Lyle CEO

May 25, 2023 | finance.yahoo.com

European stocks fall; Germany enters recession after 1Q GDP falls

May 25, 2023 | finance.yahoo.com

UPDATE 2-Sweetener maker Tate & Lyle's annual profit jumps on price hikes

May 22, 2023 | americanbankingnews.com

Tate & Lyle plc (LON:TATE) Receives Consensus Recommendation of "Moderate Buy" from Analysts

May 20, 2023 | americanbankingnews.com

Tate & Lyle's (TATE) "Hold" Rating Reaffirmed at Jefferies Financial Group

May 17, 2023 | marketwatch.com

Global Starch Market Forecast 2023-2030 | Top Key-Players in the Industry are - Venus, Tate & Lyle, Vijaya, Everest

May 16, 2023 | marketwatch.com

2023-2030 Glucose (Dextrose) Market: Highlights with Growth Data

May 16, 2023 | marketwatch.com

Cross-Linked Starch Market 2023: Development, Growth, Key Factors And Forecast To 2029 by Key Players | Cargill , Tate & Lyle , ADM , Ingredion

May 16, 2023 | marketwatch.com

Crystalline Fructose for Food Market Size and Research Overview 2023-2030

May 15, 2023 | marketwatch.com

Food Rheology Modifiers Market 2023 Growing Demand, Size and Business Outlook – Kerry Group, Royal DSM, Cargill, Tate and Lyle

May 15, 2023 | marketwatch.com

Bakery Brown Sugar Market Emerging Trends and Size Estimation 2023-2029 – Sudzucker, Tate and Lyle, Imperial Sugar, Nordic Sugar A/S

May 12, 2023 | marketwatch.com

Bulk Food Ingredients Market Business Overview 2023, and Forecast to 2030 | Tate & Lyle, Archer Daniels Midland Company, E. I. Du Pont

May 11, 2023 | marketwatch.com

Bakery Inclusions Market Size, Status, Demand and Global Outlook-ADM, Barry Callebaut, Tate and Lyle

May 10, 2023 | marketwatch.com

Organic Allulose Powder Market Industry Prognosticated For A Ravishing Growth By 2030 Ingredion, Tate & Lyle, Johnson & Johnson

May 10, 2023 | marketwatch.com

Constipation Nutraceuticals Market in 2031: Insights, Strategies, and Projections

May 10, 2023 | marketwatch.com

Industrial Modified Starch Market Projected to Reach Significant Growth Value by 2031

See More Headlines

TATE Price History

30 days | 90 days | 365 days | Advanced Chart

TATE Company Calendar

Today: 6/09/2023
Ex-Dividend for 8/2 Dividend: 6/22/2023
Dividend Payable: 8/02/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Industry: Packaged Foods
Sub-Industry: N/A
Sector: Consumer Defensive
Current Symbol: LON:TATE
CUSIP: N/A
CIK: N/A
Web: www.tateandlyle.com
Phone: +44-20-72572100
Fax: N/A
Employees: 4,441
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: GBX 909
High Stock Price Forecast: GBX 975
Low Stock Price Forecast: GBX 810
Forecasted Upside/Downside: +19.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.31
Trailing P/E Ratio: 2,445.74
Forward P/E Ratio: 13.96
P/E Growth: 2.88
Net Income: £127 million
Net Margins: 10.85%
Pretax Margin: N/A
Return on Equity: 9.04%
Return on Assets: 4.89%

Debt

Debt-to-Equity Ratio: 59.92
Current Ratio: 2.24
Quick Ratio: 1.77

Sales & Book Value

Annual Sales: £1.75 billion
Price / Sales: 1.74
Cash Flow: GBX 130.95 per share
Price / Cash Flow: 5.79
Book Value: GBX 299 per share
Price / Book: 2.54

Miscellaneous

Outstanding Shares: 401,660,000
Free Float: N/A
Market Cap: £3.05 billion
Optionable: Not Optionable
Beta: 0.46

Key Executives

Mr. Nick Hampton M.A. (Age 55)
MA (Hons), CEO & Exec. Director
Comp: $1.49M

Ms. Dawn Amanda Allen (Age 54)
CFO & Director

Ms. Melissa Law (Age 48)
Pres of Global Operations

Mr. Christopher Marsh
VP of Investor Relations

Ms. Lindsay Beardsell (Age 46)
Exec. VP & Gen. Counsel

Esyllt Dafydd
Global Corp. PR Mang.

Ms. Tamsin Vine
Chief HR Officer

Mr. Rowan Adams
Exec. VP of Corp. Affairs

Mr. Andrew Taylor
Pres of Asia, Middle East, Africa & Latin America

Ms. Susanna Palatucci
Global Head of Health & Wellness, Innovation & Commercial Devel.

Key Competitors

View All Competitors

TATE Stock - Frequently Asked Questions

Should I buy or sell Tate & Lyle stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tate & Lyle in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TATE shares.
View TATE analyst ratings or view top-rated stocks.
What is Tate & Lyle's stock price forecast for 2023?: 6 equities research analysts have issued 12-month price objectives for Tate & Lyle's stock. Their TATE share price forecasts range from GBX 810 to GBX 975. On average, they expect the company's stock price to reach GBX 909 in the next twelve months. This suggests a possible upside of 19.9% from the stock's current price.
View analysts price targets for TATE or view top-rated stocks among Wall Street analysts.
How have TATE shares performed in 2023?: Tate & Lyle's stock was trading at GBX 711.20 at the beginning of the year. Since then, TATE stock has increased by 6.6% and is now trading at GBX 758.18.
View the best growth stocks for 2023 here.
How often does Tate & Lyle pay dividends? What is the dividend yield for Tate & Lyle?: Tate & Lyle declared a dividend on Thursday, May 25th. Investors of record on Thursday, June 22nd will be paid a dividend of GBX 13.10 per share on Wednesday, August 2nd. This represents a dividend yield of 1.67%. The ex-dividend date of this dividend is Thursday, June 22nd. This is a positive change from the stock's previous dividend of GBX 5.40. The official announcement can be seen at this link.
Read our dividend analysis for TATE.
Is Tate & Lyle a good dividend stock?: Tate & Lyle (LON:TATE) pays an annual dividend of GBX 18 per share and currently has a dividend yield of 2.34%. The dividend payout ratio is 5,806.45%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for TATE.
What other stocks do shareholders of Tate & Lyle own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Tate & Lyle investors own include Barclays (BARC), Legal & General Group (LGEN), Unilever (ULVR), HSBC (HSBA), Royal Dutch Shell (RDSA), Coca-Cola HBC (CCH), Diageo (DGE), Mondelez International (MDLZ), National Grid (NG) and Sirius Minerals (SXX).

What is Tate & Lyle's stock symbol?: Tate & Lyle trades on the London Stock Exchange (LON) under the ticker symbol "TATE."
How do I buy shares of Tate & Lyle?: Shares of TATE 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 Tate & Lyle's stock price today?: One share of TATE stock can currently be purchased for approximately GBX 758.18.
How much money does Tate & Lyle make?: Tate & Lyle (LON:TATE) has a market capitalization of £3.05 billion and generates £1.75 billion in revenue each year. The company earns £127 million in net income (profit) each year or GBX 0.31 on an earnings per share basis.
How many employees does Tate & Lyle have?: The company employs 4,441 workers across the globe.
How can I contact Tate & Lyle?: Tate & Lyle's mailing address is 1 Kingsway, LONDON, WC2B 6AT, United Kingdom. The official website for the company is www.tateandlyle.com. The company can be reached via phone at +44-20-72572100.

This page (LON:TATE) was last updated on 6/9/2023 by MarketBeat.com Staff

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Tate & Lyle (TATE) Share Forecast, Price & News

Tate & Lyle 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 Coverage This Week

Company Ownership

Earnings and Valuation

About Tate & Lyle (LON:TATE) Stock

TATE Stock News Headlines

TATE Price History

TATE Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

TATE Stock - Frequently Asked Questions

Overall MarketRank^™