Hunting (HTG)

Sector:

Fossil Fuels Production & Distribution

Index:

FTSE Small Cap

303.50p
   
  • Change Today:
      5.00p
  • 52 Week High: 459.00p
  • 52 Week Low: 253.50p
  • Currency: UK Pounds
  • Shares Issued: 164.94m
  • Volume: 233,713
  • Market Cap: £500.59m
  • RiskGrade: 258
  • Beta: 1.64

Hunting sees FY at top end after $145m Kuwait deal boosts order book

By Frank Prenesti

Date: Wednesday 15 May 2024

LONDON (ShareCast) - (Sharecast News) - Global engineer Hunting said full-year earnings would be at the upper end of expectations after winning a $145m order with the Kuwait Oil Company.
The company on Wednesday said it now expects core earnings to be towards the top end of its current guidance of $125m - $135m for 2024.

Including the new order, the Hunting's sales order book surged to a record $665m providing "strong earnings visibility for the group's Asia Pacific operating segment and OCTG product group into 2025", it added.

"Given the timing of revenue recognition and working capital movements, more detailed guidance for full year 2024 will be provided in the company's first-half 2024 trading statement.

Reporting by Frank Prenesti for Sharecast.com

Email this article to a friend

or share it with one of these popular networks:


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.

 

Hunting Market Data

Currency UK Pounds
Share Price 303.50p
Change Today 5.00p
% Change 1.68 %
52 Week High 459.00p
52 Week Low 253.50p
Volume 233,713
Shares Issued 164.94m
Market Cap £500.59m
Beta 1.64
RiskGrade 258

Hunting Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
19.94% below the market average19.94% below the market average19.94% below the market average19.94% below the market average19.94% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
3.61% above the market average3.61% above the market average3.61% above the market average3.61% above the market average3.61% above the market average
80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average
Income
19.62% below the market average19.62% below the market average19.62% below the market average19.62% below the market average19.62% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
79.03% above the market average79.03% above the market average79.03% above the market average79.03% above the market average79.03% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average

What The Brokers Say

Strong Buy 5
Buy 1
Neutral 2
Sell 0
Strong Sell 0
Total 8
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Hunting Dividends

  Latest Previous
  Interim Final
Ex-Div 03-Oct-24 11-Apr-24
Paid 25-Oct-24 10-May-24
Amount 5.50¢ 5.00¢

Trades for 21-Nov-2024

Time Volume / Share Price
15:22 8 @ 304.00p
16:35 67,991 @ 303.50p
16:35 44 @ 303.50p
16:35 140 @ 303.50p
16:35 356 @ 303.50p

Hunting Key Personnel

CEO Arthur James Johnson

Top of Page