Travis Perkins (TPK)

Sector:

Support

Index:

FTSE 250

1,024.00p
   
  • Change Today:
      3.50p
  • 52 Week High: 1,464.50
  • 52 Week Low: 738.00
  • Currency: UK Pounds
  • Shares Issued: 212.51m
  • Volume: 218,249
  • Market Cap: £2,176.10m
  • RiskGrade: 152
  • Beta: 0.05

Wednesday preview: US services PMIs, Taylor Wimpey in focus

By Alexander Bueso

Date: Wednesday 03 Aug 2022

LONDON (ShareCast) - (Sharecast News) - Investors' focus in the middle of the week, leaving geopolitics aside for the moment, will be on a raft of survey readings for services sector activity on both sides of the Pond.
Chief among those surveys will be the US Institute for Supply Management's Purchasing Managers' Index for the sector, at 1500 BST, with analysts anticipating that it will not weaken as markedly as a rival preliminary PMI from S&P Global released on 22 July.

Consensus is for the ISM measure to slip from 55.3 to 53.9. S&P Global will also release a final reading for its own gauge, albeit 15 minutes before the ISM.

Back in the UK, S&P Global is expected to confirm preliminary readings for its own services and so-called composite PMI for that same month of 53.3 and 52.8, respectively.

Across the Channel, final readings for the same survey compiler's services PMIs for the euro area's largest economies will be released shortly after the start of trading.

Also due out are reports for wholesale prices and retail sales in the single-currency bloc, but for the month of June, both at 1000 BST.

In the background, financial markets will also be keeping a close eye on the headlines around China and Taiwan.

For builders' merchant Taylor Wimpey's first half numbers, UBS analyst Marcus Cole has penciled in a 10% decline in sales to £1.98bn, leaving him well below consensus at £2.11bn.

Operating profit margins however were seen improving from 19.20% during the year ago half to 19.90%, helping to limit the decline in profits before tax, before exceptionals, to a 6% drop to reach £386m.

Cole's estimate for the company's bottom line was also below consensus with the latter anticipating £407m of profits.

"Key focus will be on recent demand trends, supply constraints (particularly planning) and outlook," the analyst said.

"[...] We think there could be caution on the 2023 volume outlook (UBSE -5%/VA consensus +6.5%) due to the weakening economy, affordability constraints and planning delays."

Wednesday 3 August

FINALS

Van Elle Holdings

INTERIMS

LSL Property Services, Taylor Wimpey, Ferrexpo, Endeavour Mining, IP Group

Q2

Endeavour Mining

AGMs

D4T4 Solutions, Riverfort Global Opportunities, Scirocco Energy, Block Energy, Sequoia Economic Infrastructure Income Fund Limited, Molten Ventures, Edenville Energy, JZ Capital Partners Ltd

FINAL DIVIDEND PAYMENT DATE

GB Group

SPECIAL DIVIDEND PAYMENT DATE

SLF Realisation Fund Limited NPV, SLF Realisation Fund Limited C Shs NPV

UK ECONOMIC ANNOUNCEMENTS

PMI Composite (10:00)

PMI Services (10:00)

INTERNATIONAL ECONOMIC ANNOPUNCEMENTS

PMI Services (GER) (08:55)

PMI Composite (GER) (08:55)

PMI Composite (EU) (09:00)

PMI Services (EU) (09:00)

Producer Price Index (EU) (10:00)

MBA Mortgage Applications (US) (12:00)

PMI Composite (US) (14:45)

PMI Services (US) (14:45)

ISM Prices Paid (US) (15:00)

ISM Services (US) (15:00)

Factory Orders (US) (15:00)

Crude Oil Inventories (US) (15:30)

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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.

 

Travis Perkins Market Data

Currency UK Pounds
Share Price 1,024.00p
Change Today 3.50p
% Change 0.34 %
52 Week High 1,464.50
52 Week Low 738.00
Volume 218,249
Shares Issued 212.51m
Market Cap £2,176.10m
Beta 0.05
RiskGrade 152

Travis Perkins Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
56.20% above the market average56.20% above the market average56.20% above the market average56.20% above the market average56.20% above the market average
60.78% above the sector average60.78% above the sector average60.78% above the sector average60.78% above the sector average60.78% above the sector average
Price Trend
20.34% below the market average20.34% below the market average20.34% below the market average20.34% below the market average20.34% below the market average
17.76% below the sector average17.76% below the sector average17.76% below the sector average17.76% below the sector average17.76% below the sector average
Income
30.66% above the market average30.66% above the market average30.66% above the market average30.66% above the market average30.66% above the market average
31.34% above the sector average31.34% above the sector average31.34% above the sector average31.34% above the sector average31.34% above the sector average
Growth
27.18% above the market average27.18% above the market average27.18% above the market average27.18% above the market average27.18% above the market average
20.39% above the sector average20.39% above the sector average20.39% above the sector average20.39% above the sector average20.39% above the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 12
Sell 4
Strong Sell 0
Total 20
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Travis Perkins Dividends

  Latest Previous
  Interim Final
Ex-Div 06-Oct-22 31-Mar-22
Paid 11-Nov-22 13-May-22
Amount 12.50p 26.00p

Trades for 09-Feb-2023

Time Volume / Share Price
12:04 40,553 @ 1,024.00p
12:04 78 @ 1,024.00p
12:04 115 @ 1,024.00p
12:04 6 @ 1,024.00p
12:04 78 @ 1,024.00p

Travis Perkins Key Personnel

CFO Alan Williams
CEO Nick Roberts

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