Free Trial
LON:ABF

Associated British Foods (ABF) Share Price, News & Analysis

GBX 2,204
-85.00 (-3.71%)
(As of 09/6/2024 ET)
Today's Range
2,198
2,285
50-Day Range
2,204
2,514
52-Week Range
1,907.50
2,770.66
Volume
939,244 shs
Average Volume
1.86 million shs
Market Capitalization
£16.30 billion
P/E Ratio
1,421.94
Dividend Yield
2.45%
Price Target
GBX 2,220

Associated British Foods MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
0.7% Upside
GBX 2,220 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
-3.11
Upright™ Environmental Score
News Sentiment
0.33mentions of Associated British Foods in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
£992,240 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.85 out of 5 stars

ABF stock logo

About Associated British Foods Stock (LON:ABF)

Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Ingredients, Agriculture, Sugar, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses. The Ingredients segment manufactures bakers' yeast, bakery ingredients, enzymes, lipids, yeast extracts, and cereal specialties. The Agriculture segment manufactures and sells animal feeds; and provides other products and services for the agriculture sector. The Sugar segment is involved in growing, processing, and selling sugar beet and sugar cane to industrial users. The Retail segment is involved in buying and merchandising clothing and accessories through the Primark and Penneys retail chains, which offer women's, men's, and kids wear, as well as beauty, homeware, and accessories. The company was incorporated in 1934 and is headquartered in London, the United Kingdom. Associated British Foods plc operates as a subsidiary of Wittington Investments Limited.

ABF Stock Price History

ABF Stock News Headlines

What is Nvidia’s New $1 Trillion SuperProject?
Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …
Associated British Foods (LON:ABF) Stock Rating Reaffirmed by Shore Capital
What is Nvidia’s New $1 Trillion SuperProject?
Taiwan Semiconductor, a partner of Nvidia’s for more than two decades, has seen its shares explode as much as 4,744%. Now, if you’re like everybody else, you want to know what Nvidia’s doing next … and who they’re going to partner with …
See More Headlines
Receive ABF Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Associated British Foods and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
4/21/2020
Ex-Dividend for 7/5 Dividend
5/30/2024
Dividend Payable
7/05/2024
Today
9/07/2024

Industry, Sector and Symbol

Industry
Packaged Foods
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
133,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 2,220
High Stock Price Target
GBX 2,250
Low Stock Price Target
GBX 2,190
Potential Upside/Downside
+0.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
£1.18 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£19.92 billion
Cash Flow
GBX 359.01 per share
Book Value
GBX 1,461 per share

Miscellaneous

Free Float
N/A
Market Cap
£16.30 billion
Optionable
Not Optionable
Beta
1.24
Beginners Guide To Retirement Stocks Cover

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report

Key Executives

  • Mr. George Garfield Weston (Age 60)
    CEO & Executive Director
    Comp: $2.3M
  • Mr. Eoin P. Tonge B Eng (Age 52)
    B.E., Finance Director & Director
    Comp: $3.83M
  • Ms. Sue Whalley (Age 60)
    Chief People & Performance Officer
  • Mr. Paul A. Lister L.L.B. (Age 60)
    Company Secretary
  • Mr. Paul Marchant
    Chief Executive Officer of Primark/Penneys
  • Ms. Lynne Walker
    Director of Primark Cares
  • Ms. Katharine Stewart
    Ethical Trade & Environmental Sustainability Director

Should I Buy Associated British Foods Stock? ABF Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Associated British Foods plc:

  • Associated British Foods stock price recently passed above its 200-day moving average, indicating a potential uptrend in the stock's performance. This could be a positive signal for investors looking for growth opportunities.
  • The company has a market capitalization of £18.88 billion, reflecting its size and stability in the market. This can provide investors with a sense of security and confidence in the company's long-term prospects.
  • Insiders have been actively purchasing company stock in recent months, with a total of 5,155 shares acquired in the last 90 days. This insider buying activity may suggest that those within the company are optimistic about its future performance.
  • Associated British Foods operates as a diversified food, ingredients, and retail company worldwide, spreading its risk across multiple segments. This diversification can help mitigate potential losses in any one sector and provide stability to the overall business.
  • The company's P/E ratio of 1,621.29 and PEG ratio of 1.39 indicate potential undervaluation and growth opportunities for investors. These ratios can be used to assess the company's valuation and growth prospects relative to its stock price.

Cons

Investors should be bearish about investing in Associated British Foods plc for these reasons:

  • The company's debt-to-equity ratio of 33.71 is relatively high, indicating a significant level of debt compared to equity. High debt levels can pose risks during economic downturns or periods of financial instability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, August 19, 2024. Please send any questions or comments about these Associated British Foods pros and cons to contact@marketbeat.com.

ABF Stock Analysis - Frequently Asked Questions

How have ABF shares performed this year?

Associated British Foods' stock was trading at GBX 2,367 at the start of the year. Since then, ABF shares have decreased by 6.9% and is now trading at GBX 2,204.
View the best growth stocks for 2024 here
.

How were Associated British Foods' earnings last quarter?

Associated British Foods plc (LON:ABF) issued its earnings results on Tuesday, April, 21st. The company reported $61.80 EPS for the quarter, beating the consensus estimate of $61.20 by $0.60. Associated British Foods had a trailing twelve-month return on equity of 10.69% and a net margin of 5.92%.

How do I buy shares of Associated British Foods?

Shares of ABF stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

What other stocks do shareholders of Associated British Foods own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Associated British Foods investors own include Intelsat (I), Fossil Group (FOSL), Chaarat Gold (CGH), Bank of America (BAC), AMC Entertainment (AMC), First Data (FDC) and HSBC (HSBA).

This page (LON:ABF) was last updated on 9/7/2024 by MarketBeat.com Staff

From Our Partners