Volex (VLX) Share Price, News & Analysis

Company Overview

Volex plc manufactures and supplies power products and cable assemblies in North America, Europe, and Asia. It provides integrated manufacturing services, such as PCB assembly, box build, and complex cable assemblies; electric vehicle charging solutions; cable harness and power products; copper interconnect cable and data transfer cable; and data center power cables and power cords. It also offers plugs, connectors, and receptacles. Its products are used in complex industrial technology, consumer electronics, electric vehicle, and medical markets. The company sells its products through distributors to original equipment manufacturers and electronic manufacturing services companies. Volex plc was founded in 1892 and is headquartered in Basingstoke, the United Kingdom.

Key Stats

• Today's Range: 326 to 344.76
• 50-Day Range: 311 to 374
• 52-Week Range: 264.50 to 375
• Volume: 356,475 shs
• Average Volume: 469,764 shs
• Market Capitalization: £616.65 million
• P/E Ratio: 2,134.38
• Dividend Yield: 1.17%
• Price Target: GBX 415
• Consensus Rating: Buy

Volex Stock Analysis - MarketRank™

Volex scored higher than 37% 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

Volex has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Volex 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 Volex is 2,134.38, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 133.34.

Price to Earnings Ratio vs. Sector

The P/E ratio of Volex is 2,134.38, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 483.02.

Price to Book Value per Share Ratio

Volex has a P/B Ratio of 1.89. 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 VLX.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Volex pays a meaningful dividend of 1.32%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Volex is 2,500.00%. 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 VLX.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.52

News Sentiment

Volex has a news sentiment score of 0.52. 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 0.37 average news sentiment score of Industrials companies.

News Coverage This Week

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

Company Ownership

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

Insider Buying vs. Insider Selling

In the past three months, Volex insiders have bought more of their company's stock than they have sold. Specifically, they have bought £382,736.15 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

32.77% of the stock of Volex is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 34.96% of the stock of Volex is held by institutions.

VLX Stock Analysis - Frequently Asked Questions

How have VLX shares performed this year?

Volex's stock was trading at GBX 319 at the beginning of the year. Since then, VLX shares have increased by 7.1% and is now trading at GBX 341.50.
View the best growth stocks for 2024 here.

How do I buy shares of Volex?

Shares of VLX 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 Volex own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Volex investors own include Lloyds Banking Group (LLOY), GSK (GSK), boohoo group (BOO), JD Sports Fashion (JD), Vodafone Group Public (VOD), BP (BP) and Glencore (GLEN).

Company Calendar

• Ex-Dividend for 8/30 Dividend: 7/25/2024
• Dividend Payable: 8/30/2024
• Today: 10/17/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Industrials
• Industry: Electrical Equipment & Parts
• Sub-Industry: N/A
• Current Symbol: LON:VLX
• CUSIP: N/A
• CIK: N/A
• Web: www.volex.com
• Phone: +44-20-33708830
• Fax: N/A
• Employees: 12,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 415
• High Stock Price Target: GBX 430
• Low Stock Price Target: GBX 400
• Potential Upside/Downside: +21.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.16
• Trailing P/E Ratio: 2,134.38
• Forward P/E Ratio: 11.04
• P/E Growth: N/A
• Net Income: £39.30 million
• Net Margins: 4.30%
• Pretax Margin: N/A
• Return on Equity: 14.15%
• Return on Assets: 6.30%

Debt

• Debt-to-Equity Ratio: 54.77
• Current Ratio: 1.49
• Quick Ratio: 1.04

Sales & Book Value

• Annual Sales: £912.80 million
• Price / Sales: 0.68
• Cash Flow: GBX 20.72 per share
• Price / Cash Flow: 16.48
• Book Value: GBX 181 per share
• Price / Book: 1.89

Miscellaneous

• Outstanding Shares: 180,570,000
• Free Float: N/A
• Market Cap: £616.65 million
• Optionable: Not Optionable
• Beta: 1.03