Bakkavor Group (BAKK) Share Price, News & Analysis

Company Overview

Bakkavor Group plc, together with its subsidiaries, engages in the preparation and marketing of fresh prepared foods in the United Kingdom, the United States, and China. It offers meals, pizzas and breads, desserts, dips, salads, soups, sauces, fresh cut salads, burritos, food-to-go products, sandwiches, wraps, and bakery products. The company is also involved in the property management; pension trustee; and customer invoicing and financing of receivables. It primarily sells its products through high-street supermarkets and foodservice operators. The company was formerly known as Diamond Newco plc and changed its name to Bakkavor Group plc in October 2017. Bakkavor Group plc was founded in 1986 and is based in London, the United Kingdom.

Key Stats

• Today's Range: 136 to 142
• 50-Day Range: 130 to 163.97
• 52-Week Range: 80 to 165
• Volume: 92,112 shs
• Average Volume: 329,633 shs
• Market Capitalization: £815.47 million
• P/E Ratio: 1,281.82
• Dividend Yield: 5.67%
• Price Target: GBX 162.50
• Consensus Rating: Moderate Buy

Bakkavor Group Stock Analysis - MarketRank™

Bakkavor Group scored higher than 39% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Bakkavor Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Bakkavor Group has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Bakkavor Group is 1,281.82, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 134.95.

Price to Earnings Ratio vs. Sector

The P/E ratio of Bakkavor Group is 1,281.82, which means that it is trading at a more expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 212.12.

Price to Earnings Growth Ratio

Bakkavor Group has a PEG Ratio of 0.61. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Bakkavor Group has a P/B Ratio of 1.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for BAKK.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Bakkavor Group is a leading dividend payer. It pays a dividend yield of 4.85%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Bakkavor Group does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Bakkavor Group is 7,272.73%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for BAKK.

News and Social Media

• Score: 1.2 / 5
• News Sentiment: N/A

News Sentiment

Bakkavor Group has a news sentiment score of 0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.26 average news sentiment score of Consumer Defensive companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Bakkavor Group this week, compared to 1 article on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Bakkavor Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

50.27% of the stock of Bakkavor Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

42.00% of the stock of Bakkavor Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BAKK Stock Analysis - Frequently Asked Questions

How have BAKK shares performed this year?

Bakkavor Group's stock was trading at GBX 81 at the beginning of the year. Since then, BAKK shares have increased by 74.1% and is now trading at GBX 141.
View the best growth stocks for 2024 here.

How were Bakkavor Group's earnings last quarter?

Bakkavor Group plc (LON:BAKK) released its earnings results on Thursday, September, 6th. The company reported $7.40 earnings per share for the quarter, topping the consensus estimate of $7.00 by $0.40. Bakkavor Group had a net margin of 2.86% and a trailing twelve-month return on equity of 10.44%.

How do I buy shares of Bakkavor Group?

Shares of BAKK 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.
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What other stocks do shareholders of Bakkavor Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Bakkavor Group investors own include QUALCOMM (QCOM), Avast (AVST), Tullow Oil (TLW), AbbVie (ABBV), Aviva (AV), Babcock International Group (BAB) and Barclays (BARC).

Company Calendar

• Last Earnings: 9/06/2018
• Ex-Dividend for 10/11 Dividend: 9/12/2024
• Dividend Payable: 10/11/2024
• Today: 12/18/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Consumer Defensive
• Industry: Packaged Foods
• Sub-Industry: N/A
• Current Symbol: LON:BAKK
• CUSIP: N/A
• CIK: N/A
• Web: www.bakkavor.com
• Phone: +44-20-79086100
• Fax: N/A
• Employees: 18,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 162.50
• High Stock Price Target: GBX 170
• Low Stock Price Target: GBX 155
• Potential Upside/Downside: +15.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.11
• Trailing P/E Ratio: 1,277.27
• Forward P/E Ratio: 12.14
• P/E Growth: 0.61
• Net Income: £64 million
• Net Margins: 2.86%
• Pretax Margin: N/A
• Return on Equity: 10.44%
• Return on Assets: 4.54%

Debt

• Debt-to-Equity Ratio: 53.92
• Current Ratio: 0.62
• Quick Ratio: 0.43

Sales & Book Value

• Annual Sales: £2.23 billion
• Price / Sales: 0.36
• Cash Flow: GBX 11.78 per share
• Price / Cash Flow: 11.93
• Book Value: GBX 107 per share
• Price / Book: 1.31

Miscellaneous

• Outstanding Shares: 578,350,000
• Free Float: N/A
• Market Cap: £812.58 million
• Optionable: Not Optionable
• Beta: 0.63