Zigup (ZIG) Share Price, News & Analysis

Company Overview

Zigup Plc engages in the provision of mobility solutions and automotive services to business and personal customers in the United Kingdom, Spain, and Ireland. The company offers vehicle provision services which includes vehicle rental, service, and maintenance services through vans, light commercial vehicles (LCVs), and specialist vehicles with refrigerated, traffic management, and support; and fleet support and services comprising service scheduling, telematics, driver liaison, training, and downtime management, as well as electric vehicle (EV) fleet consulting and charging, and solar installation for businesses and consumers. It also provides claims support and accident management, such as accident claim handling, incident reporting, repair and insurer management, and legal support services for vehicles, drivers, and passengers; and replacement vehicle services through direct and credit hire arrangements. In addition, the company offers vehicle damage repairs for cars and LCVs, including plastic welding, and structural and aluminium body repairs, as well as mobile repair, glass repair, and replacement services; and vehicle disposal services for used vans and cars to businesses and private individuals through retail sites and online auction platforms. It offers its products and services to corporates, public sector, insurance and leasing, and consumers. The company was formerly known as Redde Northgate plc and changed its name to Zigup Plc in May 2024. Zigup Plc was incorporated in 1897 and is headquartered in Darlington, the United Kingdom.

Key Stats

• Today's Range: 318.50 to 322.50
• 50-Day Range: 319.50 to 383
• 52-Week Range: 316.50 to 445
• Volume: 955,551 shs
• Average Volume: 590,384 shs
• Market Capitalization: £713.31 million
• P/E Ratio: 592.59
• Dividend Yield: 8.13%
• Price Target: GBX 390
• Consensus Rating: Hold

Zigup Stock Analysis - MarketRank™

Zigup scored higher than 20% 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: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Zigup has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Zigup has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Zigup is 592.59, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 113.40.

Price to Earnings Ratio vs. Sector

The P/E ratio of Zigup is 592.59, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 371.16.

Price to Book Value per Share Ratio

Zigup has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued 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 ZIG.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Zigup is a leading dividend payer. It pays a dividend yield of 7.07%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Zigup is 4,814.81%. 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 ZIG.

News and Social Media

• Score: 1.0 / 5
• News Sentiment: -0.15

News Sentiment

Zigup 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 0.43 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Zigup this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

Only 8.85% of the stock of Zigup is held by insiders.

Percentage Held by Institutions

85.41% of the stock of Zigup is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ZIG Stock Analysis - Frequently Asked Questions

How have ZIG shares performed this year?

Zigup's stock was trading at GBX 405 at the beginning of the year. Since then, ZIG stock has decreased by 21.0% and is now trading at GBX 320.
View the best growth stocks for 2024 here.

How do I buy shares of Zigup?

Shares of ZIG 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.

Company Calendar

• Ex-Dividend for 9/27 Dividend: 8/29/2024
• Dividend Payable: 9/27/2024
• Ex-Dividend for 1/10 Dividend: 12/12/2024
• Today: 12/21/2024
• Dividend Payable: 1/10/2025

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Industrials
• Industry: Rental & Leasing Services
• Sub-Industry: N/A
• Current Symbol: LON:ZIG
• CUSIP: N/A
• CIK: N/A
• Web: www.zigup.com
• Phone: 44-13-2546-7558
• Fax: N/A
• Employees: 7,906
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 390
• High Stock Price Target: GBX 390
• Low Stock Price Target: GBX 390
• Potential Upside/Downside: +21.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.54
• Trailing P/E Ratio: 592.59
• Forward P/E Ratio: 6.05
• P/E Growth: N/A
• Net Income: £125.02 million
• Net Margins: 6.82%
• Pretax Margin: N/A
• Return on Equity: 12.27%
• Return on Assets: 5.59%

Debt

• Debt-to-Equity Ratio: 74.95
• Current Ratio: 1.13
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: £1.83 billion
• Price / Sales: 0.39
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: GBX 465 per share
• Price / Book: 0.69

Miscellaneous

• Outstanding Shares: 222,910,000
• Free Float: N/A
• Market Cap: £713.31 million
• Optionable: N/A
• Beta: 1.65