Workspace Group (WKP) Share Price, News & Analysis

Company Overview

Workspace is London's leading owner and operator of flexible workspace, currently managing 4.7 million sq. ft. of sustainable space at 79 locations in London and the South East. We are home to some 4,000 of London's fastest growing and established brands from a diverse range of sectors. Our purpose, to give businesses the freedom to grow, is based on the belief that in the right space, teams can achieve more. That in environments they tailor themselves, free from constraint and compromise, teams are best able to collaborate, build their culture and realise their potential. We have a unique combination of a highly effective and scalable operating platform, a portfolio of distinctive properties, and an ownership model that allows us to offer true flexibility. We provide customers with blank canvas space to create a home for their business, alongside leases that give them the freedom to easily scale up and down within our well-connected, extensive portfolio. We are inherently sustainable - we invest across the capital, breathing new life into old buildings and creating hubs of economic activity that help flatten London's working map. We work closely with our local communities to ensure we make a positive and lasting environmental and social impact, creating value over the long term. Workspace was established in 1987, has been listed on the London Stock Exchange since 1993, is a FTSE 250 listed Real Estate Investment Trust (REIT) and a member of the European Public Real Estate Association (EPRA). Workspace is a registered trademark of Workspace Group PLC, London, UK.

Key Stats

• Today's Range: 348.60 to 354.80
• 50-Day Range: 330.40 to 374
• 52-Week Range: 312 to 434.38
• Volume: 51,465 shs
• Average Volume: 2.06 million shs
• Market Capitalization: £679.28 million
• P/E Ratio: N/A
• Dividend Yield: 7.37%
• Price Target: GBX 407.50
• Consensus Rating: Moderate Buy

Workspace Group Stock Analysis - MarketRank™

Workspace Group scored higher than 31% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.0 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Workspace Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on no strong buy ratings, 3 buy ratings, 3 hold ratings, and no sell ratings.

Upside Potential

Workspace Group has a consensus price target of GBX 407.50, representing about 16.9% upside from its current price of GBX 348.60.

Amount of Analyst Coverage

Workspace Group has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Workspace Group is -5.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Workspace Group is -5.57, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Workspace Group has a PEG Ratio of 1.54. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Workspace Group has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for WKP.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Workspace Group is a leading dividend payer. It pays a dividend yield of 7.37%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Workspace Group does not have a long track record of dividend growth.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Workspace Group this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Workspace Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

5.29% of the stock of Workspace Group is held by insiders.

Percentage Held by Institutions

40.88% of the stock of Workspace Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Real Estate
• Industry: Office REITs
• Sub-Industry: Office REITs
• Current Symbol: LON:WKP
• CIK: N/A
• Web: www.workspacegroupplc.co.uk
• Phone: +44-20-71383300
• Fax: N/A
• Employees: 293
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Workspace Group: GBX 407.50
• High Price Target: GBX 500
• Low Price Target: GBX 350
• Potential Upside/Downside: +15.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): GBX (62.60)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: 1.54
• Net Income: -£192.71 million
• Net Margins: -66.32%
• Pretax Margin: N/A
• Return on Equity: -8.83%
• Return on Assets: 2.35%

Debt

• Debt-to-Equity Ratio: 59.71
• Current Ratio: 0.42
• Quick Ratio: 0.11

Sales & Book Value

• Annual Sales: £181.40 million
• Price / Sales: 3.74
• Cash Flow: GBX 8.57 per share
• Price / Cash Flow: 41.15
• Book Value: GBX 807.66 per share
• Price / Book: 0.44

Miscellaneous

• Outstanding Shares: 192,649,000
• Free Float: N/A
• Market Cap: £679.28 million
• Optionable: Not Optionable
• Beta: 1.09