Speedy Hire (SDY)

Sector:

Support

Index:

FTSE Small Cap

25.40p
   
  • Change Today:
      0.40p
  • 52 Week High: 37.80
  • 52 Week Low: 23.40
  • Currency: UK Pounds
  • Shares Issued: 461.84m
  • Volume: 2,160,633
  • Market Cap: £117.31m
  • RiskGrade: 214

Liberum nudges up target price on Speedy Hire

By Iain Gilbert

Date: Tuesday 25 May 2021

LONDON (ShareCast) - (Sharecast News) - Analysts at Liberum nudged up their target price on construction tools and equipment hire firmn Speedy Hire from 82.0p to 90.0p on Tuesday, stating the group's strong balance sheet had boosted its outlook.
Liberum said Speedy's March results were 6% better than it had expected, driven by stronger than expected margins.

The broker also highlighted that Speedy has continued to outperform the market helped by superior service and continuing to win back smaller customers.

"Speedy should benefit from the favourable construction outlook, boosted by market outperformance and options from its strengthened balance sheet," said Liberum, which also reiterated its 'buy' rating on the stock.

"We see upside to our 90.0p target, set using ROCE/WACC, as returns improve and capital is redeployed."

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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.

 

Speedy Hire Market Data

Currency UK Pounds
Share Price 25.40p
Change Today 0.40p
% Change 1.60 %
52 Week High 37.80
52 Week Low 23.40
Volume 2,160,633
Shares Issued 461.84m
Market Cap £117.31m
RiskGrade 214

Speedy Hire Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
48.94% above the market average48.94% above the market average48.94% above the market average48.94% above the market average48.94% above the market average
71.11% above the sector average71.11% above the sector average71.11% above the sector average71.11% above the sector average71.11% above the sector average
Price Trend
60% below the market average60% below the market average60% below the market average60% below the market average60% below the market average
70.3% below the sector average70.3% below the sector average70.3% below the sector average70.3% below the sector average70.3% below the sector average
Income
85.37% above the market average85.37% above the market average85.37% above the market average85.37% above the market average85.37% above the market average
75.38% above the sector average75.38% above the sector average75.38% above the sector average75.38% above the sector average75.38% above the sector average
Growth
12.69% below the market average12.69% below the market average12.69% below the market average12.69% below the market average12.69% below the market average
16% below the sector average16% below the sector average16% below the sector average16% below the sector average16% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 3
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Speedy Hire Dividends

  Latest Previous
  Interim Final
Ex-Div 07-Dec-23 10-Aug-23
Paid 19-Jan-24 22-Sep-23
Amount 0.80p 1.80p

Trades for 28-Mar-2024

Time Volume / Share Price
16:36 5,000 @ 25.40p
16:35 41,864 @ 25.40p
16:35 8,372 @ 25.40p
16:35 1,477 @ 25.40p
16:35 4,230 @ 25.40p

Speedy Hire Key Personnel

CEO Dan Evans
CFO Paul A Rayner

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