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LON:TSCO

Tesco (TSCO) Share Price, News & Analysis

GBX 327.10
+1.50 (+0.46%)
(As of 07/26/2024 ET)
Today's Range
323.35
328.60
50-Day Range
302.10
327.20
52-Week Range
244.50
328.60
Volume
10.67 million shs
Average Volume
19.84 million shs
Market Capitalization
£22.77 billion
P/E Ratio
1,308.40
Dividend Yield
3.67%
Price Target
GBX 313.33

Tesco MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
4.2% Downside
GBX 313.33 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.31mentions of Tesco in the last 14 days
Based on 39 Articles This Week
Insider Trading
Acquiring Shares
£13,728 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.

1.01 out of 5 stars

TSCO stock logo

About Tesco Stock (LON:TSCO)

Tesco PLC, together with its subsidiaries, operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary. It offers grocery products through its stores, as well as online. The company is also involved in the food and drink wholesaling activities. In addition, it provides banking and insurance, and mobile operating services. Further, the company operates a network of one stop convenience stores; and offers data science, technology, software, and consultancy services. Tesco PLC was founded in 1919 and is based in Welwyn Garden City, the United Kingdom.

TSCO Stock Price History

TSCO Stock News Headlines

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Tesco petrol station at Plymouth's Transit Way is closed
See More Headlines
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Company Calendar

Ex-Dividend for 6/28 Dividend
5/16/2024
Dividend Payable
6/28/2024
Today
7/26/2024

Industry, Sector and Symbol

Industry
Grocery Stores
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
330,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 313.33
High Stock Price Target
GBX 350
Low Stock Price Target
GBX 240
Potential Upside/Downside
-3.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
£1.76 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£68.19 billion
Cash Flow
GBX 78.56 per share
Book Value
GBX 167 per share

Miscellaneous

Outstanding Shares
6,960,000,000
Free Float
N/A
Market Cap
£22.67 billion
Optionable
Not Optionable
Beta
0.52
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Key Executives

  • Mr. Ken Murphy (Age 58)
    Group CEO & Executive Director
    Comp: $5.01M
  • Mr. Imran Nawaz (Age 51)
    CFO & Director
    Comp: $3.02M
  • Mr. Guus Dekkers (Age 59)
    Chief Technology Officer
  • Mr. Adrian Charles Morris (Age 57)
    Group General Counsel
  • Ms. Christine Heffernan
    Group Communications Director
  • Ms. Emma Taylor
    Chief People Officer
  • Mr. Ashwin Prasad
    Chief Commercial Officer
  • Ms. Sarah Lawler
    MD of Tesco Convenience
  • Kevin Tindall
    MD of Large Stores
  • Ms. Stephanie Wood
    MD of One Stop

Should I Buy Tesco Stock? TSCO Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Tesco PLC:

  • Tesco insider Ken Murphy has been consistently purchasing shares of the company, indicating confidence in its future performance. This can be seen as a positive signal for potential investors.
  • Analysts have set new price targets for Tesco, with some maintaining a "buy" rating on the stock. Positive analyst sentiment can attract investor interest and potentially drive the stock price higher.
  • Tesco recently increased its dividend, signaling financial strength and commitment to rewarding shareholders. A higher dividend yield can be attractive to income-focused investors.
  • Tesco's stock price has shown resilience and stability, with a 52-week high of GBX 316.10. This indicates potential for capital appreciation and a strong performance track record.
  • Tesco operates as a grocery retailer in multiple countries, providing geographic diversification and exposure to different markets, which can help mitigate risks associated with a single market.

Cons

Investors should be bearish about investing in Tesco PLC for these reasons:

  • JPMorgan Chase & Co. has reaffirmed an "Underweight" rating on Tesco stock, suggesting a cautious outlook on the company's performance. This may lead to lower investor confidence.
  • The stock's dividend payout ratio is currently at 4,800.00%, which indicates a high percentage of earnings being distributed as dividends. This could raise concerns about sustainability and future growth.
  • Tesco's debt-to-equity ratio is relatively high, standing at 127.23. High debt levels can pose risks during economic downturns and impact the company's financial flexibility.
  • The stock's PEG ratio is 0.07, which may indicate that the stock is overvalued relative to its earnings growth potential. Investors seeking growth opportunities might find this valuation metric unattractive.
  • While Tesco has a diverse geographic presence, operating in multiple countries can expose the company to geopolitical and economic risks specific to each region, potentially impacting overall performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these Tesco pros and cons to contact@marketbeat.com.

TSCO Stock Analysis - Frequently Asked Questions

How have TSCO shares performed this year?

Tesco's stock was trading at GBX 290.50 on January 1st, 2024. Since then, TSCO shares have increased by 12.6% and is now trading at GBX 327.10.
View the best growth stocks for 2024 here
.

How do I buy shares of Tesco?

Shares of TSCO 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 other stocks do shareholders of Tesco own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tesco investors own include Booker Group (BOK), Lloyds Banking Group (LLOY), Wm Morrison Supermarkets (MRW), Royal Bank of Scotland Group (RBS), Centamin (CEY), Barclays (BARC) and Glencore (GLEN).

This page (LON:TSCO) was last updated on 7/26/2024 by MarketBeat.com Staff

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