LON:TSCO

Tesco - TSCO Share Forecast, Price & News

GBX 267.90

+1.70 (+0.64%)

(As of 08/16/2022 12:00 AM ET)

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Today's Range: 265.85
▼
268.40
50-Day Range: 246.10
▼
267
52-Week Range: 239
▼
304.10

Volume: 7.22 million shs
Average Volume: 19.32 million shs
Market Capitalization: £20.07 billion

P/E Ratio: 1,339.50
Dividend Yield: 4.14%
Price Target: GBX 321

Tesco MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.86 Rating Score
Upside/Downside: 19.8% Upside
GBX 321 Price Target
Short Interest: N/A
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
£13,727 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.

1.78 out of 5 stars

2.4

Analyst's Opinion

Consensus Rating
Tesco has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of GBX 321, Tesco has a forecasted upside of 19.8% from its current price of GBX 267.90.
Amount of Analyst Coverage
Tesco has only been the subject of 4 research reports in the past 90 days.

N/A

Short Interest

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

2.5

Dividend Strength

Dividend Leadership
Tesco is a leading dividend payer. It pays a dividend yield of 4.14%, 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 45.75%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TSCO.

1.5

News and Social Media Coverage

News Sentiment
Tesco has a news sentiment score of -0.30. 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 0.33 average news sentiment score of Consumer Defensive companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Tesco this week, compared to 2 articles on an average week.
Search Interest
37 people have searched for TSCO on MarketBeat in the last 30 days. This is an increase of 164% compared to the previous 30 days.
MarketBeat Follows
Only 8 people have added Tesco to their MarketBeat watchlist in the last 30 days. This is a decrease of -58% compared to the previous 30 days.

1.7

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 £137.27 in company stock and sold GBX 0 in company stock.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Tesco is 1,339.50, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 125.72.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tesco is 1,339.50, which means that it is trading at a more expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 271.93.
Price to Earnings Growth Ratio
Tesco has a PEG Ratio of 1.01. PEG Ratios around 1 indicate that a company is correctly valued.
Price to Book Value per Share Ratio
Tesco has a P/B Ratio of 1.30. 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 (LON:TSCO) Stock

Tesco PLC, together with its subsidiaries, engages in retailing and retail banking activities. It provides food products through approximately 4,752 stores in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary, as well as through online. The company is also involved in the food and drink wholesaling activities. In addition, it offers banking and insurance services in the United Kingdom. Further, the company operates a network of one stop convenience stores; and provides data science, technology, software, and consultancy services. Tesco PLC was founded in 1919 and is headquartered in Welwyn Garden City, the United Kingdom.

Tesco Stock Up 1.1 %

Shares of LON:TSCO opened at GBX 266.20 ($3.22) on Tuesday. The business's 50 day simple moving average is GBX 257.99 and its two-hundred day simple moving average is GBX 270.31. The firm has a market cap of £19.94 billion and a P/E ratio of 1,333.61. The company has a debt-to-equity ratio of 98.17, a quick ratio of 0.58 and a current ratio of 0.76. Tesco has a 52-week low of GBX 239 ($2.89) and a 52-week high of GBX 304.10 ($3.67).

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Barclays reaffirmed an "overweight" rating and issued a GBX 325 ($3.93) price objective on shares of Tesco in a report on Monday, May 30th. Shore Capital reaffirmed a "hold" rating on shares of Tesco in a report on Thursday, July 14th. Berenberg Bank reissued a "buy" rating and set a GBX 320 ($3.87) price target on shares of Tesco in a report on Tuesday, July 5th. UBS Group reissued a "buy" rating and set a GBX 330 ($3.99) price target on shares of Tesco in a report on Friday, June 17th. Finally, JPMorgan Chase & Co. set a GBX 330 ($3.99) price target on Tesco in a report on Friday, June 17th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, Tesco has a consensus rating of "Moderate Buy" and an average price target of GBX 321 ($3.88).

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TSCO Stock News Headlines

August 10, 2022 | bloomberg.com

Retailers Urge UK Police to Prioritize Shoplifting as Costs Rise - Bloomberg

August 8, 2022 | msn.com

Tesco issues Clubcard warning as Brits have weeks until their vouchers expire

August 8, 2022 | msn.com

Tesco apologises as store forced to bin 'trollies' full of food due to fridge failure

August 8, 2022 | msn.com

Tesco reveals what tasty treats are on its Christmas food menu

August 8, 2022 | pymnts.com

How Loyalty Programs Can Help UK Shoppers Fully Embrace Mobile-Assisted Retail Experience - PYMNTS.com

August 8, 2022 | nypost.com

UK retailer Tesco accused of racism for burglar-proofing dark-skinned makeup - New York Post

August 3, 2022 | bloomberg.com

Morrisons Cuts UK Petrol Prices, Joining Tesco and Sainsbury - Bloomberg

July 31, 2022 | americanbankingnews.com

Tesco PLC (LON:TSCO) Receives GBX 321 Consensus Price Target from Analysts

July 25, 2022 | fool.co.uk

Here's the Tesco dividend forecast for 2022 to 2024 | The Motley Fool UK - Motley Fool UK

July 20, 2022 | msn.com

We tried cheap sun cream from Aldi, Tesco, Asda and Morrisons and a £3.20 bottle impressed us

July 20, 2022 | msn.com

Jobs on way as Hanley's new Tesco to open on site of old curry house

July 20, 2022 | msn.com

Tesco shoppers issued warning over fake scam as Cost of Living crisis hits

July 20, 2022 | msn.com

Tesco warns millions of shoppers over voucher scam that preys on cost of living crisis

July 20, 2022 | msn.com

Tesco customer 'humiliated' after being shamed by staff for the top she was wearing

July 19, 2022 | msn.com

Message to Tesco, Asda, BP, Shell and Texaco customers filling up fuel in two weeks

July 19, 2022 | msn.com

Tesco apologises after customer in bikini top confronted by staff member

July 19, 2022 | msn.com

ASDA, Tesco, Aldi, Sainsbury's, Morrisons and Lidl shoppers given £454 warning over grocery bills

July 19, 2022 | msn.com

Co-op store forced to SHUT and Tesco fridges break as Greater Manchester swelters in heatwave

July 19, 2022 | money.usnews.com

Amazon Takes on Britain's Tesco With Price Match Scheme

July 19, 2022 | msn.com

Tesco self-serve tills come under fire as 218,000 sign petition

July 19, 2022 | msn.com

Tesco apologises as woman confronted for wearing bikini top while shopping

July 19, 2022 | reuters.com

Amazon takes on Britain's Tesco with price match scheme - Reuters.com

July 18, 2022 | bloomberg.com

Amazon Is Starting to Price Match Tesco in Aggressive UK Grocery Push - Bloomberg

July 9, 2022 | bbc.com

Dalmarnock Tesco superstore evacuated after woman stabbed - BBC

July 6, 2022 | bbc.com

River Wye pollution: Tesco urged to help reduce Wye pollution - BBC

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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TSCO Company Calendar

Ex-Dividend for 6/24 Dividend: 5/19/2022
Dividend Payable: 6/24/2022
Today: 8/16/2022
Next Earnings (Estimated): 10/05/2022

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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: 360,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: GBX 321
High Stock Price Forecast: GBX 330
Low Stock Price Forecast: GBX 300
Forecasted Upside/Downside: +19.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.86
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 1,339.50
Forward P/E Ratio: 9.92
P/E Growth: 1.01
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: 98.17
Current Ratio: 0.76
Quick Ratio: 0.58

Sales & Book Value

Annual Sales: £61.34 billion
Price / Sales: 0.33
Cash Flow: GBX 58.56 per share
Price / Cash Flow: 4.57
Book Value: GBX 206.40 per share
Price / Book: 1.30

Miscellaneous

Outstanding Shares: 7,491,288,000
Free Float: N/A
Market Cap: £20.07 billion
Optionable: Optionable
Beta: N/A

Key Executives

Mr. Ken Murphy (Age 55)
Group CEO & Exec. Director
Comp: $4.75M
Mr. Imran Nawaz (Age 47)
CFO & Director
Comp: $5.53M
Mr. Guus Dekkers (Age 57)
Chief Technology Officer
Mr. Adrian Charles Morris (Age 55)
Group Gen. Counsel
Ms. Christine Heffernan
Group Communications Director
Emma Taylor
Chief People Officer
Ms. Sarah Fitzgerald
Head of Buying
Duncan Hoy
Managing Director of Large Stores
Mr. Nick Ashley
Head of Media & Campaign Planning
Ms. Alessandra Bellini
Chief Customer Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TSCO Stock - Frequently Asked Questions

Should I buy or sell Tesco stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tesco in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TSCO shares.
View TSCO analyst ratings or view top-rated stocks.
What is Tesco's stock price forecast for 2022?: 7 brokerages have issued 1 year price objectives for Tesco's stock. Their TSCO share price forecasts range from GBX 300 to GBX 330. On average, they expect the company's stock price to reach GBX 321 in the next year. This suggests a possible upside of 19.8% 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 2022?: Tesco's stock was trading at GBX 289.90 on January 1st, 2022. Since then, TSCO stock has decreased by 7.6% and is now trading at GBX 267.90.
View the best growth stocks for 2022 here.
When is Tesco's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 5th 2022.
View our TSCO earnings forecast.
How often does Tesco pay dividends? What is the dividend yield for Tesco?: Tesco announced a dividend on Wednesday, April 13th. Stockholders of record on Thursday, May 19th will be given a dividend of GBX 7.70 per share on Friday, June 24th. This represents a dividend yield of 2.85%. The ex-dividend date of this dividend is Thursday, May 19th. This is a boost from the stock's previous dividend of GBX 3.20. The official announcement can be seen at this link.
Read our dividend analysis for TSCO.
Is Tesco a good dividend stock?: Tesco (LON:TSCO) pays an annual dividend of GBX 0.09 per share and currently has a dividend yield of 4.14%. TSCO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 45.75%. This payout ratio is at a healthy, sustainable level, below 75%.
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).
What is Tesco's stock symbol?: Tesco trades on the London Stock Exchange (LON) under the ticker symbol "TSCO."
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 is Tesco's stock price today?: One share of TSCO stock can currently be purchased for approximately GBX 267.90.
How much money does Tesco make?: Tesco (LON:TSCO) has a market capitalization of £20.07 billion and generates £61.34 billion in revenue each year.
How many employees does Tesco have?: The company employs 360,000 workers across the globe.
How can I contact Tesco?: Tesco's mailing address is Cirrus a, Shire Park, Kestrel Way, WELWYN GARDEN CITY, AL7 1GA, United Kingdom. The official website for the company is www.tescoplc.com. The retailer can be reached via phone at +44-1992-632222.

This page (LON:TSCO) was last updated on 8/16/2022 by MarketBeat.com Staff

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Tesco - TSCO Share Forecast, Price & News

Tesco 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 Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Tesco (LON:TSCO) Stock

Tesco Stock Up 1.1 %

Analyst Ratings Changes

TSCO Stock News Headlines

TSCO Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

TSCO Stock - Frequently Asked Questions

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™