Focusrite (TUNE) Share Price, News & Analysis

Company Overview

Focusrite plc develops and markets hardware and software products primarily for audio professionals and amateur musicians in North America, Europe, the Middle East, Africa, and internationally. It operates through Focusrite, Novation, ADAM Audio, Martin Audio, Sonnox, and Sequential segments. The company provides audio interface and other products for musicians under the Focusrite and Focusrite Pro brands; and products that are used in the creation of electronic music using synthesizers, grooveboxes, keyboard and pad controllers, MIDI controllers, and software and apps under the Novation and Ampify brands. It also manufactures and distributes professional monitoring and loudspeaker technology under the ADAM Audio brand; performance ready systems for auditoriums under the Martin Audio brand; analogue synthesizers under the Oberheim brand; and sythesizers under the Sequential brand. The company sells its products through distributors, resellers, and system integrators, as well as directly to end users through its brands e-commerce sites. Focusrite plc was founded in 1985 and is headquartered in High Wycombe, the United Kingdom.

Key Stats

• Today's Range: 260 to 270
• 50-Day Range: 220 to 288
• 52-Week Range: 220 to 610
• Volume: 140,332 shs
• Average Volume: 92,631 shs
• Market Capitalization: £152.33 million
• P/E Ratio: 1,300.00
• Dividend Yield: 2.69%
• Price Target: GBX 410
• Consensus Rating: Buy

Focusrite Stock Analysis - MarketRank™

Focusrite scored higher than 53% 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: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Focusrite 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

Focusrite has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Focusrite is 1,332.50, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 135.59.

Price to Earnings Ratio vs. Sector

The P/E ratio of Focusrite is 1,332.50, which means that it is trading at a more expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 389.61.

Price to Earnings Growth Ratio

Focusrite has a PEG Ratio of 2.95. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Focusrite has a P/B Ratio of 1.33. 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 TUNE.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Focusrite pays a meaningful dividend of 2.67%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Focusrite does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Focusrite is 3,500.00%. 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 TUNE.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: N/A

News Sentiment

Focusrite has a news sentiment score of 1.16. 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 0.40 average news sentiment score of Consumer Cyclical companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Focusrite this week, compared to 0 articles on an average week.

Company Ownership

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

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

36.84% of the stock of Focusrite is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

52.12% of the stock of Focusrite is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TUNE Stock Analysis - Frequently Asked Questions

How have TUNE shares performed this year?

Focusrite's stock was trading at GBX 590 on January 1st, 2024. Since then, TUNE shares have decreased by 54.8% and is now trading at GBX 266.50.
View the best growth stocks for 2024 here.

How were Focusrite's earnings last quarter?

Focusrite plc (LON:TUNE) issued its earnings results on Tuesday, May, 12th. The company reported $3.60 earnings per share for the quarter. Focusrite had a net margin of 6.99% and a trailing twelve-month return on equity of 10.33%.

How do I buy shares of Focusrite?

Shares of TUNE 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 Focusrite own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Focusrite investors own include QUALCOMM (QCOM), Frontier Developments (FDEV), accesso Technology Group (ACSO), Avon Protection (AVON), Devro (DVO), Pinterest (PINS) and Restore (RST).

Company Calendar

• Last Earnings: 5/12/2020
• Today: 12/18/2024
• Ex-Dividend for 2/7 Dividend: 12/24/2024
• Dividend Payable: 2/07/2025

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Consumer Cyclical
• Industry: Leisure
• Sub-Industry: N/A
• Current Symbol: LON:TUNE
• CUSIP: N/A
• CIK: N/A
• Web: focusriteplc.com
• Phone: +44-1494-462246
• Fax: N/A
• Employees: 557
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 410
• High Stock Price Target: GBX 410
• Low Stock Price Target: GBX 410
• Potential Upside/Downside: +55.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.20
• Trailing P/E Ratio: 1,322.00
• Forward P/E Ratio: 15.33
• P/E Growth: 2.95
• Net Income: £11.82 million
• Net Margins: 6.99%
• Pretax Margin: N/A
• Return on Equity: 10.33%
• Return on Assets: 5.84%

Debt

• Debt-to-Equity Ratio: 30.62
• Current Ratio: 1.53
• Quick Ratio: 0.77

Sales & Book Value

• Annual Sales: £169.11 million
• Price / Sales: 0.92
• Cash Flow: GBX 7.16 per share
• Price / Cash Flow: 36.93
• Book Value: GBX 201 per share
• Price / Book: 1.32

Miscellaneous

• Outstanding Shares: 58,590,000
• Free Float: N/A
• Market Cap: £154.91 million
• Optionable: Not Optionable
• Beta: 1.04