Mears Group (MER) Share Price, News & Analysis

Company Overview

Mears Group plc, together with its subsidiaries, provides various outsourced services to the public and private sectors in the United Kingdom. The company offers rapid-response and planned maintenance services to local authorities; gas and repair services; and maintenance and repairs, capital works, energy investment, and regeneration solutions for public buildings, as well as grounds maintenance services. It provides housing management services, which include supply of affordable homes to public and private sectors; emergency and temporary accommodation services; affordable housing/social housing management; housing with care services; private rented sector; stock acquisition; mears housing solutions; and housing services to central government departments. In addition, the company offers house building services; and facilities management services to the public and private sectors, including defense estates, education, healthcare, public buildings, and commercial office accommodation. Further, the company provides housing technology; insurance; property acquisition; housebuilding; and housing registered services. Mears Group plc was founded in 1988 and is headquartered in Gloucester, the United Kingdom.

Key Stats

• Today's Range: 368.50 to 375
• 50-Day Range: 327.17 to 391
• 52-Week Range: 265 to 398
• Volume: 152,353 shs
• Average Volume: 396,641 shs
• Market Capitalization: £332.85 million
• P/E Ratio: 902.44
• Dividend Yield: 3.78%
• Price Target: GBX 420
• Consensus Rating: Buy

Mears Group Stock Analysis - MarketRank™

Mears Group scored higher than 64% 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: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Mears Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Mears 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 Mears Group is 902.44, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 111.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of Mears Group is 902.44, which means that it is trading at a more expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 365.13.

Price to Earnings Growth Ratio

Mears Group has a PEG Ratio of 0.68. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Mears Group has a P/B Ratio of 1.91. 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 MER.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Mears Group is a leading dividend payer. It pays a dividend yield of 3.76%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Mears Group is 3,414.63%. 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 MER.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.67

News Sentiment

Mears Group has a news sentiment score of 0.67. 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 higher news sentiment than the 0.34 average news sentiment score of Consumer Cyclical companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Mears Group this week, compared to 0 articles on an average week.

MarketBeat Follows

5 people have added Mears Group to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Mears Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought £60,100.68 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

Only 2.76% of the stock of Mears Group is held by insiders.

Percentage Held by Institutions

102.02% of the stock of Mears Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MER Stock Analysis - Frequently Asked Questions

How have MER shares performed this year?

Mears Group's stock was trading at GBX 310 at the beginning of the year. Since then, MER shares have increased by 19.4% and is now trading at GBX 370.
View the best growth stocks for 2024 here.

How were Mears Group's earnings last quarter?

Mears Group plc (LON:MER) posted its quarterly earnings data on Tuesday, August, 13th. The company reported $9.16 earnings per share (EPS) for the quarter. Mears Group had a trailing twelve-month return on equity of 21.06% and a net margin of 3.67%.

How do I buy shares of Mears Group?

Shares of MER 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 Mears Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Mears Group investors own include Topps Tiles (TPT), Vertu Motors (VTU), Currys (CURY), BT Group (BT), Smiths News Plc (CNCT.L) (CNCT), Barclays (BARC) and BT Group (BT.A).

Company Calendar

• Last Earnings: 8/13/2019
• Ex-Dividend for 10/3 Dividend: 9/12/2024
• Dividend Payable: 10/03/2024
• Today: 11/17/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Consumer Cyclical
• Industry: Personal Services
• Sub-Industry: N/A
• Current Symbol: LON:MER
• CUSIP: N/A
• CIK: N/A
• Web: www.mearsgroup.co.uk
• Phone: +44-87-06071400
• Fax: N/A
• Employees: 5,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 420
• High Stock Price Target: GBX 420
• Low Stock Price Target: GBX 420
• Potential Upside/Downside: +13.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.41
• Trailing P/E Ratio: 902.44
• Forward P/E Ratio: 11.38
• P/E Growth: 0.68
• Net Income: £41.93 million
• Net Margins: 3.67%
• Pretax Margin: N/A
• Return on Equity: 21.06%
• Return on Assets: 5.86%

Debt

• Debt-to-Equity Ratio: 137.41
• Current Ratio: 0.87
• Quick Ratio: 0.92

Sales & Book Value

• Annual Sales: £1.14 billion
• Price / Sales: 0.29
• Cash Flow: GBX 158.11 per share
• Price / Cash Flow: 2.34
• Book Value: GBX 194 per share
• Price / Book: 1.91

Miscellaneous

• Outstanding Shares: 89,960,000
• Free Float: N/A
• Market Cap: £332.85 million
• Optionable: Not Optionable
• Beta: 1.26