LON:TUNE

Focusrite (TUNE) Share Price, News & Analysis

GBX 360
+6.00 (+1.69%)
(As of 04/26/2024 ET)
Today's Range
350
365
50-Day Range
285
475
52-Week Range
245
610
Volume
67,418 shs
Average Volume
100,421 shs
Market Capitalization
£210.92 million
P/E Ratio
1,200.00
Dividend Yield
1.94%
Price Target
GBX 700

Focusrite MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
94.4% Upside
GBX 700 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.03mentions of Focusrite in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
£3.01 M 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.

2.48 out of 5 stars

TUNE stock logo

About Focusrite Stock (LON:TUNE)

Focusrite plc develops and markets hardware and software products primarily for audio professionals and amateur musicians in North America, Europe, the Middle East, Africa, and internationally. It operates through Focusrite, Novation, ADAM Audio, Martin Audio, Sonnox, and Sequential segments. The company provides audio interface and other products for musicians under the Focusrite and Focusrite Pro brands; and products that are used in the creation of electronic music using synthesizers, grooveboxes, keyboard and pad controllers, MIDI controllers, and software and apps under the Novation and Ampify brands. It also manufactures and distributes professional monitoring and loudspeaker technology under the ADAM Audio brand; performance ready systems for auditoriums under the Martin Audio brand; analogue synthesizers under the Oberheim brand; and sythesizers under the Sequential brand. The company sells its products through distributors, resellers, and system integrators, as well as directly to end users through its brands e-commerce sites. Focusrite plc was founded in 1985 and is headquartered in High Wycombe, the United Kingdom.

TUNE Stock Price History

TUNE Stock News Headlines

Focusrite Plc (TUNE.L)
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Focusrite Full Year 2023 Earnings: EPS Misses Expectations
See More Headlines
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Company Calendar

Last Earnings
5/12/2020
Ex-Dividend for 1/31 Dividend
12/28/2023
Dividend Payable
1/31/2024
Today
4/26/2024
Ex-Dividend for 6/10 Dividend
5/09/2024
Dividend Payable
6/10/2024

Industry, Sector and Symbol

Industry
Leisure
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
557
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 700
High Stock Price Target
GBX 700
Low Stock Price Target
GBX 700
Potential Upside/Downside
+95.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
£17.80 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£178.46 million
Cash Flow
GBX 9.68 per share
Book Value
GBX 202 per share

Miscellaneous

Free Float
N/A
Market Cap
£209.46 million
Optionable
Not Optionable
Beta
1.10
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Key Executives

  • Ms. Sally Ann Mckone (Age 56)
    CFO & Executive Director
    Comp: $483k
  • Mr. Philip Stephen Dudderidge (Age 75)
    Founder & Non-Executive Chairman
    Comp: $320k
  • Mr. Timothy Paul Carroll (Age 62)
    CEO & Executive Director
    Comp: $398k
  • Mr. Timothy Dingley (Age 43)
    Chief Operations Officer
  • Ms. Francine Godrich
    Group General Counsel & Company Secretary
  • Alicia Cousins
    Chief People Officer
  • Mr. Damian Hawley (Age 53)
    Chief Revenue Officer
  • Mr. Andy Land
    Head of Sustainability
  • Mr. Christian Hellinger
    Chief Executive Officer of ADAM Audio
  • Mr. Dominic Harter
    Chief Executive Officer of Martin Audio

TUNE Stock Analysis - Frequently Asked Questions

Should I buy or sell Focusrite stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Focusrite 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" TUNE shares.
View TUNE analyst ratings
or view top-rated stocks.

What is Focusrite's stock price target for 2024?

1 Wall Street research analysts have issued twelve-month price targets for Focusrite's shares. Their TUNE share price targets range from GBX 700 to GBX 700. On average, they expect the company's share price to reach GBX 700 in the next twelve months. This suggests a possible upside of 94.4% from the stock's current price.
View analysts price targets for TUNE
or view top-rated stocks among Wall Street analysts.

How have TUNE shares performed in 2024?

Focusrite's stock was trading at GBX 590 on January 1st, 2024. Since then, TUNE shares have decreased by 39.0% and is now trading at GBX 360.
View the best growth stocks for 2024 here
.

How were Focusrite's earnings last quarter?

Focusrite plc (LON:TUNE) posted its quarterly earnings results on Tuesday, May, 12th. The company reported $3.60 earnings per share for the quarter. Focusrite had a trailing twelve-month return on equity of 15.91% and a net margin of 9.97%.

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

Focusrite announced a dividend on Thursday, April 25th. Stockholders of record on Thursday, May 9th will be given a dividend of GBX 2.10 per share on Monday, June 10th. This represents a yield of 0.57%. The ex-dividend date is Thursday, May 9th. The official announcement can be viewed at this link.
Read our dividend analysis for TUNE
.

Is Focusrite a good dividend stock?

Focusrite (LON:TUNE) pays an annual dividend of GBX 7 per share and currently has a dividend yield of 2.00%. The dividend payout ratio is 2,333.33%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for TUNE.

What other stocks do shareholders of Focusrite own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Focusrite investors own include NetApp (NTAP), Twitter (TWTR), TiVo (TIVO), EMC (EMC), Eros STX Global (EROS), FDM Group (FDM), FD Technologies (FDP), QUALCOMM (QCOM) and Teekay (TK).

How do I buy shares of Focusrite?

Shares of TUNE 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:TUNE) was last updated on 4/26/2024 by MarketBeat.com Staff

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