Bodycote (BOY) Share Price, News & Analysis

Company Overview

Bodycote plc provides heat treatment and thermal processing services worldwide. It operates in two business areas, Aerospace, Defence & Energy; and Automotive & General Industrial. The company offers heat treatment services, including altering the microstructure of metals and alloys, such as steel and aluminum to impart properties comprising surface hardness, temperature resistance, ductility, and strength; metal joining services consisting of electron beam welding, HIP diffusion bonding, hydrogen brazing, induction brazing, and furnace/vacuum brazing; and hot isostatic pressing (HIP) services, including isostatic pressing and HIP supporting services, as well as Powdermet technology, a manufacturing process used in the production of complex components using powder metallurgy. It also provides surface technologies, which are used to prolong the working life of components and protect from environmental factors, such as corrosion and abrasion. The company's surface technologies include anodising, flame and combustion spraying, high velocity oxygen fuel coatings, plasma spray, electric arc wire, vapor phase aluminide, liquid and ceramic coatings, and thermochemically formed ceramic coatings to enhance corrosion protection and wear resistance. It serves automotive, aerospace and defense, energy, and general industrial markets. The company was founded in 1923 and is headquartered in Macclesfield, the United Kingdom.

Key Stats

• Today's Range: 595 to 612
• 50-Day Range: 545 to 638
• 52-Week Range: 536 to 774
• Volume: 4.70 million shs
• Average Volume: 354,402 shs
• Market Capitalization: £1.12 billion
• P/E Ratio: 1,854.55
• Dividend Yield: 3.76%
• Price Target: GBX 812.50
• Consensus Rating: Moderate Buy

Bodycote Stock Analysis - MarketRank™

Bodycote scored higher than 58% 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: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Bodycote has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Bodycote has only been the subject of 1 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 Bodycote is 1,854.55, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 127.28.

Price to Earnings Ratio vs. Sector

The P/E ratio of Bodycote is 1,854.55, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 525.84.

Price to Earnings Growth Ratio

Bodycote has a PEG Ratio of 1.44. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Bodycote has a P/B Ratio of 1.52. 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 BOY.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Bodycote is a leading dividend payer. It pays a dividend yield of 3.85%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Bodycote is 6,969.70%. 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 BOY.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.67

News Sentiment

Bodycote 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 0.41 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Bodycote 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, Bodycote insiders have bought more of their company's stock than they have sold. Specifically, they have bought £196,920 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

Only 2.32% of the stock of Bodycote is held by insiders.

Percentage Held by Institutions

77.73% of the stock of Bodycote is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BOY Stock Analysis - Frequently Asked Questions

How have BOY shares performed this year?

Bodycote's stock was trading at GBX 594.50 on January 1st, 2024. Since then, BOY stock has increased by 2.9% and is now trading at GBX 612.
View the best growth stocks for 2024 here.

How were Bodycote's earnings last quarter?

Bodycote plc (LON:BOY) announced its quarterly earnings data on Tuesday, March, 6th. The company reported $49.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $47.20 by $2.00. The business earned $690.20 million during the quarter. Bodycote had a trailing twelve-month return on equity of 8.46% and a net margin of 8.01%.

How do I buy shares of Bodycote?

Shares of BOY 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 Bodycote own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Bodycote investors own include BTG (BTG), Indivior (INDV), Kenmare Resources (KMR), AstraZeneca (AZN), Lloyds Banking Group (LLOY), Marks and Spencer Group (MKS) and NVIDIA (NVDA).

Company Calendar

• Last Earnings: 3/06/2018
• Ex-Dividend for 11/7 Dividend: 10/03/2024
• Dividend Payable: 11/07/2024
• Today: 11/21/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Industrials
• Industry: Specialty Industrial Machinery
• Sub-Industry: Banking
• Current Symbol: LON:BOY
• CUSIP: N/A
• CIK: N/A
• Web: www.bodycote.com
• Phone: +44-1625-505300
• Fax: N/A
• Employees: 4,833
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 812.50
• High Stock Price Target: GBX 980
• Low Stock Price Target: GBX 720
• Potential Upside/Downside: +33.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.33
• Trailing P/E Ratio: 1,839.39
• Forward P/E Ratio: 11.23
• P/E Growth: 1.44
• Net Income: £62.60 million
• Net Margins: 8.01%
• Pretax Margin: N/A
• Return on Equity: 8.46%
• Return on Assets: 6.41%

Debt

• Debt-to-Equity Ratio: 20.80
• Current Ratio: 0.81
• Quick Ratio: 0.74

Sales & Book Value

• Annual Sales: £781.40 million
• Price / Sales: 1.42
• Cash Flow: GBX 19.55 per share
• Price / Cash Flow: 31.05
• Book Value: GBX 402 per share
• Price / Book: 1.51

Miscellaneous

• Outstanding Shares: 183,310,000
• Free Float: N/A
• Market Cap: £1.11 billion
• Optionable: Not Optionable
• Beta: 1.18