LON:VLX

Volex - VLX Share Forecast, Price & News

GBX 313

+0.50 (+0.16%)

(As of 08/18/2022 12:00 AM ET)

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Today's Range: 308.50
▼
314.47
50-Day Range: 228
▼
323.50
52-Week Range: 209
▼
494.70

Volume: 161,320 shs
Average Volume: 508,886 shs
Market Capitalization: £496.79 million

P/E Ratio: 2,086.67
Dividend Yield: 1.15%
Price Target: GBX 440

About Volex (LON:VLX) Stock

Volex plc manufactures and supplies power products and cable assemblies in North America, Europe, and Asia. It provides integrated manufacturing services, such as box builds, wire and cable harnesses, electrical control panels, electromechanical assemblies and systems, printed circuit board assemblies, and ruggedized harness and overmoulding, as well as high mix and low volume manufacturing. The company also offers high-speed copper interconnect/data transfer cables; electric vehicle charging solutions; data centre power cables and power cords; and power cords, plugs, connectors, and receptacles. Its products are used in complex industrial technology, consumer electronics, electric vehicle, and medical markets. The company sells its products through distributors to original equipment manufacturers and electronic manufacturing services companies. Volex plc was incorporated in 1919 and is headquartered in Basingstoke, the United Kingdom.

Volex Stock Down 1.1 %

Shares of LON:VLX opened at GBX 312.50 ($3.78) on Thursday. The company's 50 day moving average price is GBX 275.96 and its 200-day moving average price is GBX 269.30. The company has a debt-to-equity ratio of 59.66, a quick ratio of 0.98 and a current ratio of 1.69. Volex has a 52-week low of GBX 209 ($2.53) and a 52-week high of GBX 494.70 ($5.98). The company has a market capitalization of £496.00 million and a P/E ratio of 2,083.33.

Volex Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, August 26th. Shareholders of record on Thursday, July 21st will be issued a dividend of GBX 2.40 ($0.03) per share. This is an increase from Volex's previous dividend of $1.20. This represents a yield of 1.01%. The ex-dividend date of this dividend is Thursday, July 21st. Volex's dividend payout ratio (DPR) is presently 31.04%.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Canaccord Genuity Group decreased their price target on shares of Volex from GBX 510 ($6.16) to GBX 440 ($5.32) and set a "buy" rating for the company in a research report on Thursday, April 21st. Shore Capital reiterated a "not rated" rating on shares of Volex in a research report on Thursday, June 23rd.

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VLX Stock News Headlines

August 6, 2022 | americanbankingnews.com

Volex (LON:VLX) Share Price Passes Above 200-Day Moving Average of $267.86

August 1, 2022 | streetinsider.com

DSM: Net Asset Value(s) and Portfolio - StreetInsider.com

July 29, 2022 | fool.co.uk

How I'd invest £20k in a Stocks and Shares ISA to aim for a million - Motley Fool UK

July 12, 2022 | finance.yahoo.com

Here's What Volex plc's (LON:VLX) Shareholder Ownership Structure Looks Like

July 4, 2022 | fool.co.uk

3 top AIM stocks to buy before the market recovers - Motley Fool UK

June 23, 2022 | morningstar.co.uk

Volex records higher profit on strong organic growth; hike dividend - Morningstar

June 23, 2022 | marketwatch.com

Volex FY 2022 Boosted by Organic Growth, Acquisitions - MarketWatch

June 21, 2022 | finance.yahoo.com

Estimating The Fair Value Of Volex plc (LON:VLX)

May 20, 2022 | finance.yahoo.com

The 12% return this week takes Volex's (LON:VLX) shareholders five-year gains to 531%

May 19, 2022 | uk.finance.yahoo.com

Global Composite Decking Market Report 2022: Market to Reach $5.8 Billion by 2027 - Composite Decking Makers Set Focus on Chipping Away Wood Sales with Better Options - Yahoo Finance UK

May 19, 2022 | morningstar.co.uk

IN BRIEF: Volex Exec Director Nat Rothschild buys GBP80,000 in shares - Morningstar

May 5, 2022 | finance.yahoo.com

Do Volex's (LON:VLX) Earnings Warrant Your Attention?

April 22, 2022 | fool.co.uk

EV stocks aren't just listed in America, you know... - The Motley Fool UK - Motley Fool UK

April 21, 2022 | lse.co.uk

Canaccord Genuity lowers target price on Volex | Financial News - London South East

April 20, 2022 | fool.co.uk

Volex's share price just surged. But I'd still buy the stock today - The Motley Fool UK - Motley Fool UK

April 20, 2022 | marketwatch.com

Volex Shares Rise After It Expects FY 2022 Rev, Underlying Op Pft to Beat Market Views - MarketWatch

April 14, 2022 | finance.yahoo.com

The Global Pharmaceutical Processing Seals Market is expected to grow from USD 1.9 Billion in 2020 to USD 3.8 Billion by 2028, at a CAGR of 9.2% during the forecast period 2021-2028 : Greyviews - Yahoo Finance

April 14, 2022 | finance.yahoo.com

Volex plc's (LON:VLX) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?

April 7, 2022 | ca.finance.yahoo.com

Spectra7 and Volex Demonstrate 112G PAM4 Signaling over 4 Meters of 28AWG Copper Cable at DesignCon - Yahoo Canada Finance

March 31, 2022 | finance.yahoo.com

Sono Motors Technology Used for Munich’s First Solar Bus — MVG to Put Solar Bus Trailer Into Operation - Yahoo Finance

March 31, 2022 | streetinsider.com

Converge Technology Solutions Corp. Appoints Richard Lecoutre to Chief Financial Officer - StreetInsider.com

March 30, 2022 | finance.yahoo.com

Spectra7 Partners with Volex to Deliver Next Generation 800Gbps Data Center Interconnects - Yahoo Finance

March 15, 2022 | lse.co.uk

DIRECTOR DEALINGS: Indivior chief HR officer sells; Volex COO buys | Financial News - London South East

February 25, 2022 | finance.yahoo.com

Insiders may be rethinking their US$494k Volex plc (LON:VLX) investment now that the company has lost UK£43m in value

February 22, 2022 | fool.co.uk

2 stocks I'd buy before the Stocks and Shares ISA deadline - Motley Fool UK

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30 days | 90 days | 365 days | Advanced Chart

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VLX Company Calendar

Ex-Dividend for 8/26 Dividend: 7/21/2022
Today: 8/18/2022
Dividend Payable: 8/26/2022
Next Earnings (Estimated): 11/09/2022

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Industry, Sector and Symbol

Stock Exchange: LON
Industry: Diversified Electronics
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: LON:VLX
CUSIP: N/A
CIK: N/A
Web: www.volex.com
Phone: +44-20-33708830
Fax: N/A
Employees: 6,400
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: GBX 440
High Stock Price Forecast: GBX 440
Low Stock Price Forecast: GBX 440
Forecasted Upside/Downside: +40.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 2,086.67
Forward P/E Ratio: 12.56
P/E Growth: N/A
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: 59.66
Current Ratio: 1.69
Quick Ratio: 0.98

Sales & Book Value

Annual Sales: £614.60 million
Price / Sales: 0.81
Cash Flow: GBX 18.07 per share
Price / Cash Flow: 17.32
Book Value: GBX 126.70 per share
Price / Book: 2.47

Miscellaneous

Outstanding Shares: 158,719,000
Free Float: N/A
Market Cap: £496.79 million
Optionable: Not Optionable
Beta: N/A

Key Executives

Hon. Nathaniel Philip Victor James Rothschild (Age 51)
Exec. Chairman
Comp: $556.4k

Mr. Jonathan William Boaden (Age 42)
CFO & Exec. Director
Comp: $348k

Mr. Dom John Molloy (Age 76)
Chief Operating Officer

Christian Bedford
Group Gen. Counsel & Company Sec.

Mr. Alan Taylor
Group HR Director

Ms. Jessica Yu
COO of China & VP of Global Procurement

Mr. Paul Bullock
Chief Operating Officer of Europe

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

VLX Stock - Frequently Asked Questions

Should I buy or sell Volex stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Volex in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" VLX shares.
View VLX analyst ratings or view top-rated stocks.
What is Volex's stock price forecast for 2022?: 1 brokers have issued 1-year price targets for Volex's shares. Their VLX share price forecasts range from GBX 440 to GBX 440. On average, they anticipate the company's share price to reach GBX 440 in the next twelve months. This suggests a possible upside of 41.0% from the stock's current price.
View analysts price targets for VLX or view top-rated stocks among Wall Street analysts.
How have VLX shares performed in 2022?: Volex's stock was trading at GBX 344.50 at the beginning of the year. Since then, VLX stock has decreased by 9.4% and is now trading at GBX 312.05.
View the best growth stocks for 2022 here.
When is Volex's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 9th 2022.
View our VLX earnings forecast.
How often does Volex pay dividends? What is the dividend yield for Volex?: Volex announced a dividend on Thursday, June 23rd. Stockholders of record on Thursday, July 21st will be paid a dividend of GBX 2.40 per share on Friday, August 26th. This represents a dividend yield of 1.01%. The ex-dividend date is Thursday, July 21st. This is a positive change from the stock's previous dividend of GBX 1.20. The official announcement can be seen at this link.
Read our dividend analysis for VLX.
Is Volex a good dividend stock?: Volex (LON:VLX) pays an annual dividend of GBX 0.05 per share and currently has a dividend yield of 1.15%. The dividend payout ratio is 31.04%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for VLX.

What other stocks do shareholders of Volex own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Volex investors own include Haydale Graphene Industries (HAYD), Jet2 plc (DTG.L) (DTG), ITV (ITV), Petropavlovsk (POG), Vodafone Group Public (VOD), 17119603 (ARM.L) (ARM), A. O. Smith (AOS), Altitude Group (ALT), AK Steel (AKS) and Argentex Group (AGFX).
What is Volex's stock symbol?: Volex trades on the London Stock Exchange (LON) under the ticker symbol "VLX."
How do I buy shares of Volex?: Shares of VLX 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 Volex's stock price today?: One share of VLX stock can currently be purchased for approximately GBX 312.05.
How much money does Volex make?: Volex (LON:VLX) has a market capitalization of £495.28 million and generates £614.60 million in revenue each year.
How many employees does Volex have?: The company employs 6,400 workers across the globe.
How can I contact Volex?: Volex's mailing address is 10 Eastbourne Terrace, LONDON, W2 6LG, United Kingdom. The official website for the company is www.volex.com. The company can be reached via phone at +44-20-33708830.

This page (LON:VLX) was last updated on 8/18/2022 by MarketBeat.com Staff

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