Tesco

TSCO: 218.73 0.00 (0.00%)

Delayed:2016-12-09 18:15:00
Bid Price 0.00 High Price 0.00
Ask Price 0.00 Low Price 0.00
Open Price 0.00 Spread 0.00%
Prev Close 218.10 Volume 0.00

Tesco Share Price Chart

Intraday

Historic – 1 year


Tesco Share Price Information

Name Tesco Epic TSCO
Sector Food & Drug Retailers ISIN GB0008847096
Activites Tesco plc is one of the world’s leading international retailers. Its principal activity is retailing and associated activities in the UK, China, the Czech Republic, Hungary, the Republic of Ireland, India, Malaysia, Poland, Slovakia, South Korea, Thailand and Turkey. The Group also provides retail banking and insurance services through its subsidiary, Tesco Bank. Following a strategic review, the Group has decided to dispose of its US operations. Security Type Equity

Key numbers

Latest Share Price (p) 0.00 Net Gearing (%) 73.36
Market Cap (£m) 17,734.57 Gross Gearing (%) 80.38
Shares in issue (m) 8,174.50 Debt Ratio 64.38
P/E Ratio 127.62 Debt-to-Equity Ratio 0.44
Divs per share (p) 0.00 Assets / Equity Ratio 5.10
Dividend Yield (%) 5.88 Price to book value 2.06
Dividend Cover 0.10 SROCE (%) 0.67
Earning per share (p) 1.70 EPS Growth (%) 102.40
52-week high / low (p) 220.70 / 137.00 DPS Growth (%) -100.00

Tesco Broker Views

Date Broker Rec. Price Old target price New target price Notes
22 Nov JP Morgan Cazenove Underweight 218.73 135.00 135.00 Reiterates
18 Nov Macquarie Outperform 218.73 250.00 250.00 Reiterates
18 Nov HSBC Buy 218.73 260.00 260.00 Reiterates
17 Nov Macquarie Outperform 218.73 250.00 250.00 Reiterates
17 Nov Deutsche Bank Hold 218.73 230.00 230.00 Reiterates

Tesco Director Deals

Date Director Type Volume / Price Trade Value
07 Nov 2016 Alan Stewart Buy 67 @ 206.12p £138.10
07 Nov 2016 David Lewis Buy 67 @ 206.12p £138.10
10 Oct 2016 Alan Stewart Buy 69 @ 199.41p £137.59
10 Oct 2016 David Lewis Buy 69 @ 199.41p £137.59
12 Sep 2016 Alan Stewart Buy 81 @ 171.51p £138.92
12 Sep 2016 David Lewis Buy 80 @ 171.51p £137.21
15 Aug 2016 Alan Stewart Buy 86 @ 159.98p £137.58
15 Aug 2016 David Lewis Buy 86 @ 159.98p £137.58
18 Jul 2016 Alan Stewart Buy 83 @ 165.98p £137.76
18 Jul 2016 David Lewis Buy 83 @ 165.98p £137.76
20 Jun 2016 Alan Stewart Buy 88 @ 156.24p £137.49
20 Jun 2016 David Lewis Buy 89 @ 156.24p £139.05

Tesco Company News

Oil prices boost FTSE

Oil firms Royal Dutch Shell (RDSB) and BP (BP.) rallied as oil prices climbed over 3%, pushing the blue index 0.6% higher.

West Texas Intermediate (WTI) crude oil rose 4.4% to $45.23 and Brent crude oil was up 4% to $46.20 per barrel, respectively.

Gold nudged higher to $1,222 per ounce and copper fell 1.4% to $5,467 per tonne.

FTSE 100 RISERS AND FALLERS

Tesco (TSCO) grew at its fastest rate in three years in the 12 weeks to 6 November, according to grocery figures from Kantar Worldpanel. Its sales were up 2.2% year-on-year. In comparison, Sainsbury’s (SBRY) fell by 0.7% and Morrisons slipped 2.4%. Investors were excited by Tesco’s comeback against discounted supermarkets Lidl and Aldi, sending the entire quoted supermarket sector up.

Miner Anglo American (AAL) slumped 6.7% on lower rough diamond sales in its ninth cycle, which was $470m, down from $494m in the last cycle.

Low-cost airline EasyJet (EZJ) reported a 0.4% decline in revenue to £4.67bn and 27.9% drop in pre-tax profit to £495m due to challenging markets. The dividend was cut by 2.5% to 53.8p per share.

The market warmed to Intertek’s (ITRK) plan to form a Mexican joint venture with ABC Analitic, one of the country’s water testing specialists.

FTSE 250 RISERS AND FALLERS

Broadband provider TalkTalk (TALK) disappointed investors as full year EBITDA was expected at the lower end of its guidance at £320 to £360m. The company’s fixed lower price plans resulted in a ten-fold of customers re-contracting in an average month, although there was heightened churn from existing customers.

Healthcare firm BTG (BTG) needed a shot in the arm after its first half costs were hit by legal fees and currency movements. Revenue grew by nearly a quarter to £285.4m, but this was overlooked as the stock fell 5.3% to 611.5p.

Shares in Croydon tram operator FirstGroup (FGP) said adjusted pre-tax profit fell 2.2% to £21.9m in the six months to 30 September. Good trading in its North American operations was partially offset by tougher conditions in the UK bus and rail arm.

Plastic piping systems manufacturer Polypipe (PLP) announced it was on track to meet full year expectations as a result of strong organic growth and performance from its Nuaire business. The stock was 9.7% up at 285.2p.

SMALL CAP RISERS AND FALLERS

Investors were concerned over facilities management group Interserve’s (IRV) termination notice on its Glasgow Recycling & Renewable Energy project, prompting a 14% slide in the stock.

Powered access equipment provider Lavendon (LVD) reported a 15% increase in total and rental revenues in the nine months to 30 September, pushing its shares 6.9% higher.

Carclo (CAR) rose 8.4% to 123p on expectations of a stronger second half of the financial year and will benefit from an anticipated contribution from the Precision Tool & Die acquisition.

PipeHawk (PIP) declined 11.3% as its annual loss before tax widened from £753,000 to over a £1m due to challenging trading.

Melrose Industries (MRO) reported the acquisition of air management systems group Nortek was going well two months into its ownership, triggering a 3.9% rise in its shares to 174.5p. Overheads were trimmed and unprofitable operations are being closed, but its Brush power generators arm is not faring well due to tough end markets.


Story provided by StockMarketWire.com

Shell and BP push FTSE 100 higher

The FTSE 100 advanced 1%, driven by rallying stocks in the oil and gas, utility and supermarket sectors.

Royal Dutch Shell (RDSB) jumped 2.3% and BP (BP.) rose 2%, accounting for much of the rise in the blue chip index.

West Texas Intermediate (WTI) crude oil jumped 2.7% to $44.48 and Brent crude oil climbed 2.4% to $45.51 per barrel, respectively.

Gold was stable at $1,221 per ounce while copper cheapened over 2% to $5,423 per tonne.

The Office for National Statistics revealed UK inflation declined to 0.9% in October from 1% in September.

FTSE 100 RISERS AND FALLERS

Vodafone (VOD) reported a 3.9% decline in half year group revenue to €27bn, while adjusted operating profit nudged up 0.1% to €2.28bn. Chief executive Vittorio Colao said the results are modestly ahead of the group’s expectations, but the share price was flat.

Tesco (TSCO) grew at its fastest rate in three years in the 12 weeks to 6 November, according to grocery figures from Kantar Worldpanel. Its sales were up 2.2% year-on-year. In comparison, Sainsbury’s (SBRY) fell by 0.7% and Morrisons slipped 2.4%. Investors were excited by Tesco’s comeback against discounted supermarkets Lidl and Aldi, sending the entire quoted supermarket sector up.

Miner Anglo American (AAL) slumped 5.4% on lower rough diamond sales in its ninth cycle, which was $470m, down from $494m in the last cycle.

Low-cost airline EasyJet (EZJ) reported a 0.4% decline in revenue to £4.67bn and 27.9% drop in pre-tax profit to £495m due to challenging markets. The dividend was cut by 2.5% to 53.8p per share.

The market warmed to Intertek’s (ITRK) plan to form a Mexican joint venture with ABC Analitic, one of the country’s water testing specialists.

FTSE 250 RISERS AND FALLERS

Housebuilder Crest Nicholson (CRST) was optimistic, stating that sales in October continued to perform at similar levels to the previous three months. It noted a return of confidence to the market and added the business has a net cash position. Its share price dipped 1% to 455.7p.

Broadband provider TalkTalk (TALK) disappointed investors as full year EBITDA was expected at the lower end of its guidance at £320 to £360m. The company’s fixed lower price plans resulted in a ten-fold of customers re-contracting in an average month, although there was heightened churn from existing customers.

Healthcare firm BTG (BTG) needed a shot in the arm after its first half costs were hit by legal fees and currency movements. Revenue grew by nearly a quarter to £285.4m, but this was overlooked as the stock fell 4.8% to 615p.

A strong performance at the box office from films such as Secret Life of Pets and Bridget Jones’s Baby put the spotlight on Cineworld (CINE). It reported a 10.8% rise in total revenue in the 45 weeks to 10 November at constant currency rates. The cinema chain opened four Starbucks sites on its estate, bought five sites from Empire and closed two Cineworld branches in the period.

Shares in Croydon tram operator FirstGroup (FGP) were on the right track despite adjusted pre-tax profit falling 2.2% to £21.9m in the six months to 30 September. Good trading in its North American operations was partially offset by tougher conditions in the UK bus and rail arm.

Plastic piping systems manufacturer Polypipe (PLP) announced it was on track to meet full year expectations as a result of strong organic growth and performance from its Nuaire business. The stock was 7% up at 278p.

Bank of Cyprus said it will to float on the London Stock Exchange and scrap its listing in Athens. It will initially have a standard listing in the UK with plans to eventually move to a premium listing to qualify for inclusion in the FTSE indices.

SMALL CAP RISERS AND FALLERS

Carclo (CAR) was one of the biggest small cap risers as it expected a stronger second half of the financial year and will benefit from an anticipated contribution from the Precision Tool & Die acquisition.

PipeHawk (PIP) declined 16.6% as its annual loss before tax widened from £753,000 to over a £1m due to challenging trading.

Melrose Industries (MRO) reported the acquisition of air management systems group Nortek was going well two months into its ownership, triggering a 2.9% rise in its shares to 172.8p. Overheads were trimmed and unprofitable operations are being closed, but its Brush power generators arm is not faring well due to tough end markets.

Leasing group Avation (AVAP) flied 2.7% higher to 188p on news it is considering an offer to sell 22 aircraft, a deal which could trigger a special dividend for investors. It said any asset sales would have to be priced at a premium to book value.


Story provided by StockMarketWire.com

Broker Forecast – HSBC issues a broker note on Tesco PLC

HSBC today upgrades its investment rating on Tesco PLC (LON:TSCO) to buy (from hold) and raised its price target to 260p (from 195p).

Story provided by StockMarketWire.com

Director Deals – Tesco PLC (TSCO)

Alan Stewart, Financial Director, bought 67 shares in the company on the 4th November 2016 at a price of 206.12p. The Director now holds 51,541 shares representing 0.00% of the shares in issue.


Story provided by StockMarketWire.com

Director deals data provided by www.directorsholdings.com

Director Deals – Tesco PLC (TSCO)

David Lewis, Chief Executive Officer, bought 67 shares in the company on the 4th November 2016 at a price of 206.12p. The Director now holds 101,596 shares representing 0.00% of the shares in issue.


Story provided by StockMarketWire.com

Director deals data provided by www.directorsholdings.com