Should I buy or sell Tesco stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tesco in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TSCO shares. View TSCO analyst ratings or view top-rated stocks .

What is Tesco's stock price target for 2024?

4 Wall Street analysts have issued 12-month price targets for Tesco's stock. Their TSCO share price targets range from GBX 240 to GBX 335. On average, they expect the company's share price to reach GBX 295 in the next twelve months. This suggests a possible upside of 4.9% from the stock's current price. View analysts price targets for TSCO or view top-rated stocks among Wall Street analysts .

How have TSCO shares performed in 2023?

Tesco's stock was trading at GBX 224.20 on January 1st, 2023. Since then, TSCO stock has increased by 25.4% and is now trading at GBX 281.20. View the best growth stocks for 2023 here .

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

Tesco announced a dividend on Wednesday, October 4th. Stockholders of record on Thursday, October 12th will be given a dividend of GBX 3.85 per share on Friday, November 24th. This represents a dividend yield of 1.48%. The ex-dividend date of this dividend is Thursday, October 12th. The official announcement can be accessed at this link . Read our dividend analysis for TSCO .

Is Tesco a good dividend stock?

Tesco (LON:TSCO) pays an annual dividend of GBX 11 per share and currently has a dividend yield of 3.88%. The dividend payout ratio is 5,500.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for TSCO .

What other stocks do shareholders of Tesco own?

Based on aggregate information from My MarketBeat watchlists, some companies that other 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) , Glencore (GLEN) , Bank of America (BAC) , Tesco (TSCDY) and BP (BP) .

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 .

Tesco Share Price, News & Analysis (LON:TSCO)

GBX 281.20

+1.60 (+0.57%)

(As of 12/4/2023 09:23 PM ET)

Compare

Today's Range: 277.80
▼
282.30
50-Day Range: 259.60
▼
285.80
52-Week Range: 219.96
▼
287

Volume: 11.84 million shs
Average Volume: 17.11 million shs
Market Capitalization: £19.91 billion

P/E Ratio: 1,406.00
Dividend Yield: 3.91%
Price Target: GBX 295

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

Tesco MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 4.9% Upside
GBX 295 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.25
Based on 3 Articles This Week
Insider Trading: Acquiring Shares
£13,974 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.

1.44 out of 5 stars

1.4

Analyst's Opinion

Consensus Rating
Tesco has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 295, Tesco has a forecasted upside of 4.9% from its current price of GBX 281.20.
Amount of Analyst Coverage
Tesco 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 TSCO.

1.7

Dividend Strength

Dividend Leadership
Tesco is a leading dividend payer. It pays a dividend yield of 3.88%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Tesco does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Tesco is 5,500.00%. 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 TSCO.

2.4

News and Social Media Coverage

News Sentiment
Tesco has a news sentiment score of 0.25. 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 lower news sentiment than the 0.45 average news sentiment score of Consumer Defensive companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Tesco this week, compared to 9 articles on an average week.
Search Interest
26 people have searched for TSCO on MarketBeat in the last 30 days. This is an increase of 44% compared to the previous 30 days.
MarketBeat Follows
6 people have added Tesco to their MarketBeat watchlist in the last 30 days. This is an increase of 20% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tesco insiders have bought more of their company's stock than they have sold. Specifically, they have bought £139.74 in company stock and sold GBX 0 in company stock.
Percentage Held by Insiders
Only 2.06% of the stock of Tesco is held by insiders.
Percentage Held by Institutions
65.74% of the stock of Tesco 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 Tesco is 1,406.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 119.18.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tesco is 1,406.00, which means that it is trading at a more expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 278.42.
Price to Earnings Growth Ratio
Tesco has a PEG Ratio of 3.64. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Tesco has a P/B Ratio of 1.64. 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 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 headquartered in Welwyn Garden City, the United Kingdom.

TSCO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TSCO Stock News Headlines

November 30, 2023 | uk.investing.com

FTSE 100 Live: Stocks jump as US inflation cools; Lloyds eyes Tesco's banking arm

November 30, 2023 | msn.com

UK regulator to review supermarket loyalty scheme prices

December 5, 2023 | DTI Trader (Ad)

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November 30, 2023 | msn.com

Down 55% since 2007, can the Tesco share price turn around?

November 26, 2023 | msn.com

If I’d put £1k in Tesco shares at their 52-week low, here’s how much I’d have now!

November 26, 2023 | msn.com

Is the Tesco share price overpriced, or a bargain in plain sight?

November 25, 2023 | americanbankingnews.com

Tesco (LON:TSCO) Share Price Crosses Above 200 Day Moving Average of $264.08

November 24, 2023 | msn.com

Up 23%, will Tesco shares keep climbing?

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November 22, 2023 | msn.com

£5k in an ISA? I’d buy Tesco shares for dividends in 2024

November 21, 2023 | uk.finance.yahoo.com

Tesco trials 'scan-free' checkouts to save shoppers time

November 20, 2023 | msn.com

We tried all the Christmas sandwiches at Aldi, M&S, Tesco and Sainsbury's and this was the best

November 20, 2023 | uk.style.yahoo.com

The sky’s the limit for Tesco fundraising campaign to help life-saving air ambulance

November 20, 2023 | yahoo.com

Tesco Christmas advert 2023: Watch in full as enthusiastic father tries to get son in the festive spirit

November 20, 2023 | mirror.co.uk

Tesco, Asda and Morrisons shoppers urged to return products as 'do not eat' warning issued

November 20, 2023 | msn.com

Tesco Christmas advert 2023 review: has this slice of festive fun sprung from the mind of Franz Kafka?

November 20, 2023 | mirror.co.uk

Tesco introduces new 'magic tills' in huge shake up for supermarket checkouts

November 19, 2023 | msn.com

Like passive income? Here are 3 top dividend shares to consider

November 17, 2023 | reuters.com

Exclusive: Barclays explores deal for Tesco banking business - sources

November 16, 2023 | uk.movies.yahoo.com

What does the future hold for the Tesco share price?

November 14, 2023 | msn.com

Tesco shares are rising! Is now the time to buy?

November 11, 2023 | msn.com

Tesco issues three-week warning to every Clubcard user in the UK

November 10, 2023 | msn.com

UK supermarket Booths to scrap most self-service tills

November 9, 2023 | msn.com

Is the Tesco share price too cheap to ignore?

November 9, 2023 | msn.com

Tesco issues three-week warning to anyone who uses a Clubcard

November 8, 2023 | msn.com

Tesco issues £16,000,000 warning to anyone who uses a Clubcard

November 6, 2023 | msn.com

Tesco shoppers hit with eight-week warning

See More Headlines

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Company Calendar

Ex-Dividend for 11/24 Dividend: 10/12/2023
Dividend Payable: 11/24/2023
Today: 12/04/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Industry: Grocery Stores
Sub-Industry: N/A
Sector: Consumer Defensive
Current Symbol: LON:TSCO
CUSIP: N/A
CIK: N/A
Web: www.tescoplc.com
Phone: +44-1992-632222
Fax: N/A
Employees: 330,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 295
High Stock Price Target: GBX 335
Low Stock Price Target: GBX 240
Potential Upside/Downside: +4.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.20
Trailing P/E Ratio: 1,406.00
Forward P/E Ratio: 12.24
P/E Growth: 3.67
Net Income: £1.43 billion
Net Margins: 2.13%
Pretax Margin: N/A
Return on Equity: 11.11%
Return on Assets: 3.68%

Debt

Debt-to-Equity Ratio: 129.69
Current Ratio: 0.74
Quick Ratio: 0.60

Sales & Book Value

Annual Sales: £67.39 billion
Price / Sales: 0.30
Cash Flow: GBX 67.83 per share
Price / Cash Flow: 4.15
Book Value: GBX 171 per share
Price / Book: 1.64

Miscellaneous

Outstanding Shares: 7,080,000,000
Free Float: N/A
Market Cap: £19.91 billion
Optionable: Not Optionable
Beta: 0.58

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Key Executives

Mr. Ken Murphy (Age 56)
Group CEO & Executive Director
Comp: $4.44M
Mr. Imran Nawaz (Age 48)
CFO & Director
Comp: $3.04M
Mr. Guus Dekkers (Age 58)
Chief Technology Officer
Mr. Adrian Charles Morris (Age 56)
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

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

Should I Buy Tesco Stock? TSCO Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Tesco was last updated on Tuesday, November 28, 2023 at 10:24 PM.

Pros

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

Tesco PLC, a grocery retailer, operates in multiple countries including the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and others. This diversification provides potential for growth and stability.
Tesco PLC has a strong market presence and brand recognition in the grocery retail industry. This can lead to customer loyalty and increased sales.
The company has a wide range of products and services, including groceries, clothing, electronics, and financial services. This diversification can help Tesco PLC capture different consumer segments and generate additional revenue streams.
Tesco PLC has been investing in technology and digital initiatives to enhance its online shopping experience and improve operational efficiency. This can lead to increased customer satisfaction and cost savings.
Recent developments and partnerships in the science, technology, software, and consultancy services sectors indicate Tesco PLC's commitment to innovation and staying ahead of industry trends. This can position the company for future growth and competitive advantage.

Cons

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

Competition in the grocery retail industry is intense, with both traditional retailers and online platforms vying for market share. This can put pressure on Tesco PLC's profitability and market position.
The company operates in multiple countries, which exposes it to geopolitical and economic risks. Changes in government policies, currency fluctuations, and economic downturns can impact Tesco PLC's financial performance.
Tesco PLC faces regulatory challenges and compliance requirements in the countries it operates in. Non-compliance or legal issues can result in financial penalties and reputational damage.
The COVID-19 pandemic has disrupted the global economy and consumer behavior. Uncertainty surrounding the duration and impact of the pandemic can affect Tesco PLC's sales and operations.
Investors should consider the current stock price and perform thorough financial analysis before making investment decisions. Stock prices can be volatile and influenced by various factors such as market conditions, industry trends, and company performance.

TSCO Stock Analysis - Frequently Asked Questions

Should I buy or sell Tesco stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tesco in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TSCO shares.
View TSCO analyst ratings or view top-rated stocks.
What is Tesco's stock price target for 2024?: 4 Wall Street analysts have issued 12-month price targets for Tesco's stock. Their TSCO share price targets range from GBX 240 to GBX 335. On average, they expect the company's share price to reach GBX 295 in the next twelve months. This suggests a possible upside of 4.9% from the stock's current price.
View analysts price targets for TSCO or view top-rated stocks among Wall Street analysts.
How have TSCO shares performed in 2023?: Tesco's stock was trading at GBX 224.20 on January 1st, 2023. Since then, TSCO stock has increased by 25.4% and is now trading at GBX 281.20.
View the best growth stocks for 2023 here.
How often does Tesco pay dividends? What is the dividend yield for Tesco?: Tesco announced a dividend on Wednesday, October 4th. Stockholders of record on Thursday, October 12th will be given a dividend of GBX 3.85 per share on Friday, November 24th. This represents a dividend yield of 1.48%. The ex-dividend date of this dividend is Thursday, October 12th. The official announcement can be accessed at this link.
Read our dividend analysis for TSCO.

Is Tesco a good dividend stock?: Tesco (LON:TSCO) pays an annual dividend of GBX 11 per share and currently has a dividend yield of 3.88%. The dividend payout ratio is 5,500.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for TSCO.
What other stocks do shareholders of Tesco own?: Based on aggregate information from My MarketBeat watchlists, some companies that other 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), Glencore (GLEN), Bank of America (BAC), Tesco (TSCDY) and BP (BP).
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.

This page (LON:TSCO) was last updated on 12/5/2023 by MarketBeat.com Staff

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Tesco Share Price, News & Analysis (LON:TSCO)

Tesco MarketRank™ Stock Analysis

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

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Tesco Stock (LON:TSCO)

TSCO Stock Price History

TSCO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

Should I Buy Tesco Stock? TSCO Pros and Cons Explained

Pros

Cons

TSCO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™