A director at Mitie Group sold 175,000 shares at 116p and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing...
Unscheduled Q4 trading update indicates trading is ahead of expectations and guidance of EBIT of ‘at least £145m has increased to EBIT of ‘at least c. £155m’. The company has launched another £50m buyback programme. We increase our FY 23 and FY 24 FD EPS estimates by 8% and 7% respectively and we reflect the lower share count from FY 24 due to the buyback. Average net debt on an IFRS 16 basis is expected to be c. £85m in FY 23, broadly in line with our old estimate of £88m. We nudge our FY 23 IF...
Q3 trading update indicates trading is in line with expectations. We maintain our earnings estimates, but we believe FY 24 appears cautiously set, despite being at the top end of consensus estimates. Average net debt on an IFRS 16 basis increased from £62m in H1 23 to £103m in Q3 23 due to its capital deployment plans. We increase our FY 23 IFRS 16 average net debt estimate of £67m to £88m, as the H1 working capital timing benefit does not repeat in H2. The order book has not been disclosed in t...
The general evaluation of MITIE GROUP (GB), a company active in the Business Support Services industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date March 18, 2022, the closing pric...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Summary Marketline's EMCOR Group, Inc. Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by EMCOR Group, Inc. since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic a...
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.