The Weir Group (WEIR) Share Price, News & Analysis

Company Overview

The Weir Group PLC produces and sells highly engineered original equipment worldwide. It operates in two segments, Minerals and ESCO. The Minerals segment offers engineering, manufacturing, and service processing technology for the use in abrasive high-wear mining applications; and differentiated technology for the use in infrastructure and general industrial markets. The ESCO segment provides ground engaging tools for large mining machines. This segment also offers cloud-based Artificial Intelligence solutions to the mining industry; manufactures and distributes highly engineered wear parts; and offers aftermarket services to the mining industry. The company offers its products under the Accumin, All-Cast, Aspir, Bucyrus Blades, Carbide Plus, Cavex, Delta Industrial, Enduron, ESCO, EverSharp, GEHO, GeoVor, Infinity, Isogate, Kwik-Lok, Lewis, Linacure, Linagard, Linard, Linatex, Loadmaster, MaxTemp, Motion Metrics, Multiflo, Nemisys, Posilok, Production Master, ProFill, Sand,aster, Super V, SV2, Synertrex, TopLock, Trio, UltraEdge, Ultrlok, Uni-Lok, Vulco, Warman, and Whisler Plus brands. The Weir Group PLC was founded in 1871 and is headquartered in Glasgow, the United Kingdom.

Key Stats

• Today's Range: 2,092 to 2,126
• 50-Day Range: 1,922 to 2,198
• 52-Week Range: 1,652.50 to 2,224
• Volume: 735,789 shs
• Average Volume: 1.01 million shs
• Market Capitalization: £5.49 billion
• P/E Ratio: 2,489.41
• Dividend Yield: 1.84%
• Price Target: GBX 2,341.67
• Consensus Rating: Buy

The Weir Group Stock Analysis - MarketRank™

The Weir Group scored higher than 36% 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

The Weir Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

The Weir Group has only been the subject of 2 research reports 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 The Weir Group is 2,469.04, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 134.85.

Price to Earnings Ratio vs. Sector

The P/E ratio of The Weir Group is 2,469.04, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 517.55.

Price to Earnings Growth Ratio

The Weir Group has a PEG Ratio of 2.59. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

The Weir Group has a P/B Ratio of 3.13. P/B Ratios above 3 indicate that a company could be overvalued 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 WEIR.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

The Weir Group pays a meaningful dividend of 1.82%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of The Weir Group is 4,588.24%. 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 WEIR.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.18

News Sentiment

The Weir Group has a news sentiment score of 0.18. 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 0.31 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for The Weir Group this week, compared to 3 articles on an average week.

MarketBeat Follows

1 people have added The Weir Group to their MarketBeat watchlist in the last 30 days.

Company Ownership

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

Insider Buying vs. Insider Selling

In the past three months, The Weir Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought £60,729 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

Only 0.31% of the stock of The Weir Group is held by insiders.

Percentage Held by Institutions

67.43% of the stock of The Weir Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WEIR Stock Analysis - Frequently Asked Questions

How have WEIR shares performed this year?

The Weir Group's stock was trading at GBX 1,886.50 at the beginning of 2024. Since then, WEIR shares have increased by 11.2% and is now trading at GBX 2,098.68.
View the best growth stocks for 2024 here.

How were The Weir Group's earnings last quarter?

The Weir Group PLC (LON:WEIR) announced its earnings results on Tuesday, July, 31st. The company reported $46.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $48.20 by $1.90. The Weir Group had a net margin of 8.60% and a trailing twelve-month return on equity of 13.00%.

How do I buy shares of The Weir Group?

Shares of WEIR 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 The Weir Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that The Weir Group investors own include Tullow Oil (TLW), Aviva (AV), Royal Dutch Shell (RDSB), Vodafone Group Public (VOD), Barclays (BARC), Glencore (GLEN) and Lloyds Banking Group (LLOY).

Company Calendar

• Last Earnings: 7/31/2018
• Ex-Dividend for 11/1 Dividend: 10/03/2024
• Today: 10/29/2024
• Dividend Payable: 11/01/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Industrials
• Industry: Specialty Industrial Machinery
• Sub-Industry: N/A
• Current Symbol: LON:WEIR
• CUSIP: N/A
• CIK: N/A
• Web: www.global.weir
• Phone: +44-141-6377111
• Fax: N/A
• Employees: 12,391
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 2,341.67
• High Stock Price Target: GBX 2,500
• Low Stock Price Target: GBX 2,075
• Potential Upside/Downside: +10.5%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.85
• Trailing P/E Ratio: 2,494.12
• Forward P/E Ratio: 15.58
• P/E Growth: 2.59
• Net Income: £220.60 million
• Net Margins: 8.60%
• Pretax Margin: N/A
• Return on Equity: 13.00%
• Return on Assets: 5.84%

Debt

• Debt-to-Equity Ratio: 79.85
• Current Ratio: 2.07
• Quick Ratio: 1.16

Sales & Book Value

• Annual Sales: £2.54 billion
• Price / Sales: 2.17
• Cash Flow: GBX 224.70 per share
• Price / Cash Flow: 9.43
• Book Value: GBX 671 per share
• Price / Book: 3.16

Miscellaneous

• Outstanding Shares: 259,610,000
• Free Float: N/A
• Market Cap: £5.50 billion
• Optionable: Not Optionable
• Beta: 1.41