IMI (IMI)

Sector:

Engineering

Index:

FTSE 100

1,877.00p
   
  • Change Today:
    -5.00p
  • 52 Week High: 1,892.00p
  • 52 Week Low: 1,445.00p
  • Currency: UK Pounds
  • Shares Issued: 261.47m
  • Volume: 627,841
  • Market Cap: £4,907.73m
  • RiskGrade: 142

Friday preview: Global factory PMIs, IMI in focus

By Alexander Bueso

Date: Thursday 28 Feb 2019

LONDON (ShareCast) - (Sharecast News) - Barring surprises, the spotlight at the end of the week is expected to be on Caixin's closely-followed factory sector Purchasing Managers' Index for the month of February.
A reading on the manufacturing sector is also due out in Britain, with IHS Markit expected to announce a retreat in its own gauge from a print of 52.8 for January to 52.0 in December.

That PMI will come alongside UK consumer credit and mortgage lending data for the month of January, at 0930 GMT, courtesy of ONS.

In the States meanwhile, the equivalent ISM factory PMI is due out at 1500 GMT and may move markets in so far as it swings the pendulum of market opinion in favour - or not - of those who worry that a sharp slowdown might unfold in the States.

The University of Michigan is also due to release a final reading on US consumer confidence, covering the month of February.



Among those London-listed firms which are slated to publish results are IMI and the London Stock Exchange.

Consensus is calling for the engineer to post full-year profits before tax of £247m, up from £224m in 2017, although Numis's David Larkam is anticipating an improvement to £252m for earnings per share of 72.7p.

According to the analyst, the spotlight would fall on the company's Precision unit, given its 55% contribution to the group's operating earnings on an EBIT basis, the fact that it has the shortest visibility out of all the group's businesses and that it is the most exposed to the industrial cycle.

"Interesting potential in Critical recovery, but questions remain on Precision given the weaker economic outlook coming through this intact will be key for investor views that the recent restructuring/investment has delivered a better business," he said.



As for LSE, in a recent research note analysts at UBS pegged the exchange operator's gross revenues for the back half of 2018 at £1.06bn or flat versus the first six months, while gross profits were seen 7% higher year-on-year.

Both its LCH and indexing arms were seen reporting 10% increases year-on-year to reach £248m and £421m, respectively.

Adjusted EBITDA on the other was anticipated to be down by 4% versus the first half of the year to £523m.

Friday March 01

INTERIMS

Revolution Bars Group

INTERIM DIVIDEND PAYMENT DATE

CPL Resources

QUARTERLY PAYMENT DATE

APQ Global Limited, Funding Circle SME Income Fund, ICG Enterprise Trust, JPMorgan Claverhouse Inv Trust, SQN Asset Finance Income Fund Limited, SQN Asset Finance Income Fund Limited 'C Shares'

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Auto Sales (US) (20:30)

Construction Spending (US) (15:00)

Import Price Index (GER) (07:00)

ISM Manufacturing (US) (15:00)

ISM Prices Paid (US) (15:00)

Personal Income (US) (13:30)

Personal Spending (US) (13:30)

PMI Manufacturing (GER) (08:30)

PMI Manufacturing (EU) (08:00)

PMI Manufacturing (US) (14:45)

Unemployment Rate (EU) (10:00)

Unemployment Rate (GER) (08:55)

FINALS

Coats Group, Essentra, IMI, Jupiter Fund Management , London Stock Exchange Group, Man Group, Mail.ru Group Ltd GDR (Reg S), Rightmove, Robert Walters, William Hill, WPP

AGMS

Actual Experience , AFH Financial Group , PJSC Magnitogorsk Iron & Steel Works GDR (Reg S)

UK ECONOMIC ANNOUNCEMENTS

Consumer Credit (09:30)

M4 Money Supply (09:30)

Mortgage Approvals (09:30)

PMI Manufacturing (08:30)

FINAL DIVIDEND PAYMENT DATE

Blackstone /GSO Loan Financing Limited C Shs NPV, Gooch & Housego, Sage Group, Sanderson Group, Stock Spirits 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.

 

IMI Market Data

Currency UK Pounds
Share Price 1,877.00p
Change Today -5.00p
% Change -0.27 %
52 Week High 1,892.00p
52 Week Low 1,445.00p
Volume 627,841
Shares Issued 261.47m
Market Cap £4,907.73m
RiskGrade 142

IMI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
93.92% below the market average93.92% below the market average93.92% below the market average93.92% below the market average93.92% below the market average
69.7% below the sector average69.7% below the sector average69.7% below the sector average69.7% below the sector average69.7% below the sector average
Price Trend
73.94% above the market average73.94% above the market average73.94% above the market average73.94% above the market average73.94% above the market average
48.57% above the sector average48.57% above the sector average48.57% above the sector average48.57% above the sector average48.57% above the sector average
Income
79.32% below the market average79.32% below the market average79.32% below the market average79.32% below the market average79.32% below the market average
52.94% below the sector average52.94% below the sector average52.94% below the sector average52.94% below the sector average52.94% below the sector average
Growth
26.71% below the market average26.71% below the market average26.71% below the market average26.71% below the market average26.71% below the market average
57.58% below the sector average57.58% below the sector average57.58% below the sector average57.58% below the sector average57.58% below the sector average

What The Brokers Say

Strong Buy 6
Buy 6
Neutral 4
Sell 0
Strong Sell 0
Total 16
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

IMI Dividends

  Latest Previous
  Final Interim
Ex-Div 04-Apr-24 10-Aug-23
Paid 17-May-24 15-Sep-23
Amount 19.20p 9.10p

Trades for 17-May-2024

Time Volume / Share Price
16:36 50,000 @ 1,874.88p
16:35 99,748 @ 1,877.00p
16:35 179 @ 1,877.00p
16:35 392 @ 1,877.00p
16:35 24 @ 1,877.00p

IMI Key Personnel

CEO Roy Twite
Finance Director Daniel Shook
Chair Smith of Kelvin

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