Micro Focus International
MCRO: 2,118.00 -10.50 (▼0.49%)
| Bid Price | 2,117.00 | High Price | 2,137.00 |
|---|---|---|---|
| Ask Price | 2,118.00 | Low Price | 2,103.00 |
| Open Price | 2,121.00 | Spread | 0.05% |
| Prev Close | 2,128.00 | Volume | 176,143.00 |
Micro Focus International Share Price Chart
Intraday
Historic – 1 year
Micro Focus International Share Price Information
| Name | Micro Focus International | Epic | MCRO |
|---|---|---|---|
| Sector | Software & Computer Services | ISIN | GB00BQY7BX88 |
| Activites | Micro Focus International plc provides innovative software that allows companies to dramatically improve the business value of their enterprise applications. Micro Focus Enterprise Application Modernization and Management software enables customers’ business applications to respond rapidly to market changes and embrace modern architectures with reduced cost and risk. Micro Focus products future proof enterprise applications and enable business to compete in today’s information-driven economy. Micro Focus enables IT to respond rapidly to market demands and embrace modern architectures like Web services and SOA. | Security Type | Equity |
Key numbers
| Latest Share Price (p) | 2,117.50 | Net Gearing (%) | 51.23 |
|---|---|---|---|
| Market Cap (£m) | 4,877.12 | Gross Gearing (%) | 65.62 |
| Shares in issue (m) | 229.30 | Debt Ratio | 55.41 |
| P/E Ratio | 28.55 | Debt-to-Equity Ratio | 0.65 |
| Divs per share (p) | 66.68 | Assets / Equity Ratio | 2.91 |
| Dividend Yield (%) | 2.01 | Price to book value | 3.06 |
| Dividend Cover | 1.86 | SROCE (%) | 5.47 |
| Earning per share (p) | 74.50 | EPS Growth (%) | 27.26 |
| 52-week high / low (p) | 2,397.00 / 1,295.00 | DPS Growth (%) | 37.77 |
Micro Focus International Broker Views
| Date | Broker | Rec. | Price | Old target price | New target price | Notes |
|---|---|---|---|---|---|---|
| 29 Nov | Barclays Capital | Overweight | 2,118.00 | 2150.00 | 2600.00 | Reiterates |
| 10 Nov | Peel Hunt | Buy | 2,118.00 | Reiterates | ||
| 15 Sep | Peel Hunt | Buy | 2,118.00 | Reiterates | ||
| 09 Sep | Citigroup | Buy | 2,118.00 | 2100.00 | 2740.00 | Reiterates |
| 09 Sep | Barclays Capital | Overweight | 2,118.00 | 2150.00 | 2150.00 | Reiterates |
Micro Focus International Director Deals
| Date | Director | Type | Volume / Price | Trade Value |
|---|---|---|---|---|
| 20 Oct 2016 | Amanda Brown | Buy | 5000 @ 2180.55p | £109,027.50 |
Micro Focus International Company News
Broker Forecast – Barclays Capital issues a broker note on Micro Focus International PLC
Barclays Capital today reaffirms its overweight investment rating on Micro Focus International PLC (LON:MCRO) and raised its price target to 2600p (from 2150p).
Story provided by StockMarketWire.com
Micro Focus and HPE Software figures
A story which appeared earlier under the headline ‘Micro Focus Intl’s FY revenue slumps 12%’ actually referred to results from HPE Software’s figures. We apologise for the error and have published a corrected version.
On 7 September, Micro Focus International announced the acquisition of HPE’s software business segment. The transaction constitutes a reverse takeover for Micro Focus and under listing rules it has disclosed HPE’s financial results for the twelve months ended 31 October.
At 9:50am: (LON:MCRO) Micro Focus International PLC share price was +31.5p at 2132.5p
Story provided by StockMarketWire.com
FTSE races north ahead of Autumn Statement
London stocks raced higher in early deals, following on from gains on Wall St and ahead of UK Chancellor of the Exchequer Philip Hammond issuing his Autumn Statement amid the continuing Brexit muddle-through.
Soon after the open, FTSE 100 was up 48.79 points, or 0.72%, to 6868.51, while FTSE 250 was up 100.17, or 0.57%, to 17,779.2. At 8.39am, WTI crude was up 0.02% to $48.04/bbl and Brent was flat at $49.12. Gold was up 0.06% to $1211.9/oz.
Miners were again to the fore. Randgold (RRS) rose 2.19% to 5942.5p, while Glencore (GLEN) added 2.17% to 288.58p and Fresnillo (FRES) gained 1.87% to 1306p. More followed, as did several utilities after Severn Trent (SVT), up 1.76% to 2259p.
United Utilities (UU.), up 1.26% to 906.75p, has booked an H1 pretax profit of £158.4m, down from £215.6m a year earlier. The result was achieved on revenue of £853m, from £857m. Interim dividend was 12.95p a share, up 1.1%.
The overall positive tone to the FTSE was despite the looming presentation by Hammond, and caution may yet take root later in the session. For the moment, blue-chip risers outnumbered fallers about 88 to 12. Most sectors were represented to the upside.
Among the top-50 risers were multiple insurers and investment specialists, commercial property and pharmas, while supermarkets and big-ticket banks were mostly off the pace.
UK voted to quit the EU in a non-binding referendum in June. Since then, sterling has dived and inflation is on the up. Government hopes to trigger Article 50 have suffered setbacks in the courts, and it has yet to issue any kind of coherent, detailed plan for Brexit to the UK public.
BIGGER MOVERS
Brammer (BRAM), up 68.34% to 164.13p, has agreed a cash offer 165p a share from AI Robin, a subsidiary of funds managed by Advent International Corp. The offer values the company at £221.5m.
Tavistock Investments (TAVI), down 18.47% to 3.2p, intends to raise up to £2.1m via a placing and subscription of up to 70m new shares at or around 3p each. This is to satisfy the £2m cash consideration for Price Bailey Financial Services Ltd, which is part of the total £3.6m price tag.
Avocet Mining (AVM), down 13.97% to 49.25p, said that in connection with the gold seizure at the group’s Inata gold mine in Burkina Faso it has received a further indication from the court that a verdict on whether the gold should be released is to be deferred until Dec. 19.
LONDON HIGHLIGHTS
Richland Resources (RLD), up 8.33% to 1.63p, is pleased with the operational progress made during Q3, as the company once again achieved its production target as part of the ongoing ramp-up and development of the Carpricorn project.
Thomas Cook Group (TCG), up 7.68% to 79.2p, has posted a lower FY pretax profit of £42m, down from £50m a year ago. This was on revenue of £7.8bn, broadly unchanged on the year. Interim dividend was 0.5p a share, from nil.
MTI Wireless Edge (MWE), up 5.95% to 24.5p, subsidiary Mottech Water Solutions Ltd has received an order for energy and water resources management from a new customer in Tanzania.
Ilika (IKA), up 5.88% to 45p, is on course to meet analyst expectations for the 100% growth in materials development revenue relative to last year.
Paragon Group of Companies (PAG), up 4.42% to 378p, has improved its FY pretax profit to £143.2m, from £134.2m. Dividend totalled 13.5p a share, from 11.0p.
Finsbury Food (FIF), down 3.21% to 120.5p, said that, following the very strong growth of recent years, trading has been successfully maintained at these levels into the new financial year and performance is in line with expectation.
Vectura (VEC), up 3.32% to 151.15p, has materially widened its H1 pretax loss to £22.4m, from a loss of £5m. Revenue was much lower at £73.9m, from £26.1m, and amortisation of intangibles was £33.0m, from £9.3m.
Horizonte Minerals (HZM), up 3.09% to 2.5p, has been awarded three new mineral exploration concession areas, which increase its land position to a total of 132,278 hectares.
Other stocks in the news included CLS Holdings (CLI), TechFinancials (TECH), Allied Minds (ALM), Chapel Down (CDGP), International Public Partnerships (INPP), Softcat (SCT), HICL Infrastructure (HICL), Pantheon Resources (PANR) and Dee Valley Group (DVW).
Story provided by StockMarketWire.com
Micro Focus notes fall in HPE Software revenues
Micro Focus International has noted that HPE Software’s full-year revenue came in at $3.2bn, down 12% on the year-earlier period, but up 1% when adjusted for divestitures and forex moves.
Its FY operating profit was $749m, representing an improved operating margin of 23.4%.
Fourth-quarter revenue was $903m, down 6% on the year but flat when adjusted for divestitures and forex moves. Q4 operating profit was $290m, revealing an improved operating margin of 32.1%.
On 7 September, Micro Focus International announced the acquisition of HPE’s software business segment. The transaction constitutes a reverse takeover for Micro Focus and under listing rules it has disclosed HPE’s financial results for the twelve months ended 31 October.
Story provided by StockMarketWire.com
FLASH: Micro Focus Int’l’s FY revenue slumps 12%
Story provided by StockMarketWire.com
