Kingfisher (KGF)

Sector:

Retailers

Index:

FTSE 100

246.80p
   
  • Change Today:
      0.80p
  • 52 Week High: 262.60
  • 52 Week Low: 201.20
  • Currency: UK Pounds
  • Shares Issued: 1,874.40m
  • Volume: 269,853
  • Market Cap: £4,626.03m
  • RiskGrade: 158

Tuesday preview: October public borrowing figures in focus

By Alexander Bueso

Date: Monday 21 Nov 2016

LONDON (ShareCast) - (ShareCast News) - The economic agenda for Tuesday was exceedingly light although the corporate news-flow was set to pick-up noticeably.
Thus, the focus was expected to be on October´s official public finance figures from ONS, particularly as they would be the last set of data ahead of the Chancellor´s Autumn statement on the next day.

Economists at Barclays forecast the public sector´s net borrowing requirement (excluding bank interventions) would decline from £10.6bn in September to £6.7bn.

Nonetheless, Hammond´s room-to-manoeuvre on fiscal stimulus was expected to be rather limited given lower projections for economic growth going forward.

A reading on the state of manufacturing courtesy of the Confederation of British Industry´s Industrial Trends survey was also due to be published.

Acting as a backdrop, the House of Lords was set to debate on two reports from the European Union Select Committee, entitled 'The Invoking of Article 50' and 'Brexit: Parliamentary Scrutiny'.

Among the firms which were scheduled to update shareholders and the markets was DIY retailer Kingfisher.

Analaysts at Numis believed the market/weather backdrop in the UK had remained supportive in the third quarter, although recent figures from the French central bank had pointed to a "surprisingly tough month" in September.

Numis also pointed out how over the past twelve months the shares had outperformed the sector by 24%, especially since the Brexit vote, while consensus forecasts for profits before tax for the company in fiscal year 2018 had in fact reduced slightly since end-June.

That had pushed the stock´s 2017 price-to-earnings multiple to 15.4, for a 33% premium to its peer group.

INTERIMS
AO World, Assura , Big Yellow Group, CML Microsystems, De La Rue, Halma, Homeserve, Scapa Group, Solid State, Telecom Plus, ULS Technology , Victoria

INTERIM DIVIDEND PAYMENT DATE
Intu Properties

INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Consumer Confidence (EU) (15:00)
Existing Home Sales (US) (15:00)

Q3
Frutarom Industries Ltd GDR (Reg S)

FINALS
Cambria Automobiles, Compass Group, CYBG , Focusrite, Mitchells & Butlers, Renew Holdings

AGMS
Berkeley Energia Limited (DI), Dunelm Group

TRADING ANNOUNCEMENTS
Homeserve, Intertek Group, Kingfisher, Rotork, Spectris, Spirax-Sarco Engineering, SVG Capital

UK ECONOMIC ANNOUNCEMENTS
Public Sector Net Borrowing (09:30)

FINAL DIVIDEND PAYMENT DATE
Close Brothers Group

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Kingfisher Market Data

Currency UK Pounds
Share Price 246.80p
Change Today 0.80p
% Change 0.33 %
52 Week High 262.60
52 Week Low 201.20
Volume 269,853
Shares Issued 1,874.40m
Market Cap £4,626.03m
RiskGrade 158

Kingfisher Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.18% above the market average92.18% above the market average92.18% above the market average92.18% above the market average92.18% above the market average
94.74% above the sector average94.74% above the sector average94.74% above the sector average94.74% above the sector average94.74% above the sector average
Price Trend
24.80% above the market average24.80% above the market average24.80% above the market average24.80% above the market average24.80% above the market average
31.71% above the sector average31.71% above the sector average31.71% above the sector average31.71% above the sector average31.71% above the sector average
Income
72.47% above the market average72.47% above the market average72.47% above the market average72.47% above the market average72.47% above the market average
44.44% above the sector average44.44% above the sector average44.44% above the sector average44.44% above the sector average44.44% above the sector average
Growth
93.76% below the market average93.76% below the market average93.76% below the market average93.76% below the market average93.76% below the market average
70% below the sector average70% below the sector average70% below the sector average70% below the sector average70% below the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 7
Sell 5
Strong Sell 1
Total 16
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Kingfisher Dividends

  Latest Previous
  Final Interim
Ex-Div 16-May-24 12-Oct-23
Paid 25-Jun-24 17-Nov-23
Amount 8.60p 3.80p

Trades for 28-Mar-2024

Time Volume / Share Price
09:44 1,199 @ 246.80p
09:44 731 @ 246.80p
09:44 118 @ 246.80p
09:44 382 @ 246.80p
09:44 1,126 @ 246.80p

Kingfisher Key Personnel

Chair Andrew Cosslett
CEO Thierry Garnier
CFO Bernard Bot

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