Morgan Sindall Group (MGNS)

Sector:

Construction and Building Materials

Index:

FTSE 250

2,255.00p
   
  • Change Today:
    -35.00p
  • 52 Week High: 2,370.00
  • 52 Week Low: 1,676.00
  • Currency: UK Pounds
  • Shares Issued: 47.36m
  • Volume: 301,518
  • Market Cap: £1,068.00m
  • RiskGrade: 151

Liberum reiterates 'hold' rating on 'fairly valued' Morgan Sindall

By Iain Gilbert

Date: Thursday 20 Feb 2020

LONDON (ShareCast) - (Sharecast News) - Analysts at Liberum reiterated their 'hold rating on shares of British construction and regeneration group Morgan Sindall on Thursday, stating that the shares remained "fairly valued" despite a hike in their estimates for the company's earnings per share.
The broker noted that Morgan Sindall's full-year EPS of 156.3p was 3% ahead of its estimate due to good performances across most of its divisions, leading it to increase its 2020 forecast by 4%.

The broker also pointed out that average daily net cash was ?109m, versus ?99m a year earlier and its estimate of ?103m, but opted to make no changes to its full-year 2020 spot net cash estimate of ?207m. It did, however, reduce its average daily net cash estimates from ?87m to ?60m due to investment.

All in all, Liberum said Morgan Sindall trades on a 2020 price-to-earnings ratio of 12.1x, above the sector average of 9.9x, but said it was cheaper on enterprise value measures with a 2020 EV/EBIT of 7.0x, and a dividend yield of 3.1%.

Liberum added that its target price of 1850p was based on a sum of the parts methodology.

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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.

 

MGNS Market Data

Currency UK Pounds
Share Price 2,255.00p
Change Today -35.00p
% Change -1.53 %
52 Week High 2,370.00
52 Week Low 1,676.00
Volume 301,518
Shares Issued 47.36m
Market Cap £1,068.00m
RiskGrade 151

MGNS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
5.08% below the market average5.08% below the market average5.08% below the market average5.08% below the market average5.08% below the market average
41.46% below the sector average41.46% below the sector average41.46% below the sector average41.46% below the sector average41.46% below the sector average
Price Trend
64.89% above the market average64.89% above the market average64.89% above the market average64.89% above the market average64.89% above the market average
51.22% above the sector average51.22% above the sector average51.22% above the sector average51.22% above the sector average51.22% above the sector average
Income
78.72% above the market average78.72% above the market average78.72% above the market average78.72% above the market average78.72% above the market average
82.35% above the sector average82.35% above the sector average82.35% above the sector average82.35% above the sector average82.35% above the sector average
Growth
27.57% above the market average27.57% above the market average27.57% above the market average27.57% above the market average27.57% above the market average
21.95% above the sector average21.95% above the sector average21.95% above the sector average21.95% above the sector average21.95% above the sector average

What The Brokers Say

Strong Buy 4
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 6
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

MGNS Dividends

  Latest Previous
  Final Interim
Ex-Div 25-Apr-24 05-Oct-23
Paid 16-May-24 26-Oct-23
Amount 78.00p 36.00p

Trades for 25-Apr-2024

Time Volume / Share Price
16:36 591 @ 2,255.00p
16:36 2,687 @ 2,255.00p
16:35 3,451 @ 2,255.00p
16:35 30,352 @ 2,255.00p
16:35 8 @ 2,255.00p

MGNS Key Personnel

CEO John Christopher Morgan
Finance Director Steve Crummett
CFO Kelly Gangotra

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