Greggs (GRG) Share Price, News & Analysis

Company Overview

Greggs plc operates as a food-on-the-go retailer in the United Kingdom. It offers a range of fresh bakery products, sandwiches, and drinks. The company sells products to franchise and wholesale partners for sale in their own outlets. It is also involved in the property holding, non-trading, and trustee businesses. The company also operates through its own shops. Greggs plc was founded in 1939 and is headquartered in Newcastle upon Tyne, the United Kingdom.

Key Stats

• Today's Range: 2,600 to 2,654
• 50-Day Range: 2,608 to 3,190
• 52-Week Range: 2,402 to 3,250
• Volume: 191,240 shs
• Average Volume: 269,828 shs
• Market Capitalization: £2.68 billion
• P/E Ratio: 1,971.64
• Dividend Yield: 2.46%
• Price Target: GBX 3,461.67
• Consensus Rating: Moderate Buy

Greggs Stock Analysis - MarketRank™

Greggs scored higher than 48% 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: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Greggs has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Greggs 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 Greggs is 1,971.64, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 125.60.

Price to Earnings Ratio vs. Sector

The P/E ratio of Greggs is 1,971.64, which means that it is trading at a more expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 374.12.

Price to Earnings Growth Ratio

Greggs has a PEG Ratio of 3.39. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Greggs has a P/B Ratio of 5.44. 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 GRG.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Greggs pays a meaningful dividend of 2.28%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Greggs is 4,850.75%. 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 GRG.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: N/A

News Sentiment

Greggs has a news sentiment score of 0.63. 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 0.38 average news sentiment score of Consumer Cyclical companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Greggs this week, compared to 2 articles on an average week.

Search Interest

Only 2 people have searched for GRG on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

MarketBeat Follows

3 people have added Greggs to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Greggs insiders have sold 458,555.08% more of their company's stock than they have bought. Specifically, they have bought £404.04 in company stock and sold £1,853,150 in company stock.

Percentage Held by Insiders

Only 5.89% of the stock of Greggs is held by insiders.

Percentage Held by Institutions

57.54% of the stock of Greggs is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GRG Stock Analysis - Frequently Asked Questions

How have GRG shares performed this year?

Greggs' stock was trading at GBX 2,602 at the beginning of 2024. Since then, GRG shares have increased by 1.5% and is now trading at GBX 2,642.
View the best growth stocks for 2024 here.

How were Greggs' earnings last quarter?

Greggs plc (LON:GRG) announced its earnings results on Tuesday, July, 28th. The company reported ($53.40) EPS for the quarter. Greggs had a net margin of 7.13% and a trailing twelve-month return on equity of 28.74%.

How do I buy shares of Greggs?

Shares of GRG 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 Greggs own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Greggs investors own include Intelsat (I), Associated British Foods (ABF), Bank of America (BAC), Chaarat Gold (CGH), HSBC (HSBA), easyJet (EZJ) and Fossil Group (FOSL).

Company Calendar

• Last Earnings: 7/28/2020
• Ex-Dividend for 10/4 Dividend: 9/05/2024
• Dividend Payable: 10/04/2024
• Today: 11/21/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Consumer Cyclical
• Industry: Restaurants
• Sub-Industry: N/A
• Current Symbol: LON:GRG
• CUSIP: N/A
• CIK: N/A
• Web: www.greggs.co.uk
• Phone: +44-191-2817721
• Fax: N/A
• Employees: 31,839
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 3,461.67
• High Stock Price Target: GBX 3,600
• Low Stock Price Target: GBX 3,335
• Potential Upside/Downside: +31.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.75
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 1.34
• Trailing P/E Ratio: 1,971.64
• Forward P/E Ratio: 18.56
• P/E Growth: 3.39
• Net Income: £137.30 million
• Net Margins: 7.13%
• Pretax Margin: N/A
• Return on Equity: 28.74%
• Return on Assets: 10.93%

Debt

• Debt-to-Equity Ratio: 66.19
• Current Ratio: 0.80
• Quick Ratio: 0.88

Sales & Book Value

• Annual Sales: £1.93 billion
• Price / Sales: 1.39
• Cash Flow: GBX 160.65 per share
• Price / Cash Flow: 16.45
• Book Value: GBX 486 per share
• Price / Book: 5.44

Miscellaneous

• Outstanding Shares: 101,480,000
• Free Float: N/A
• Market Cap: £2.68 billion
• Optionable: Not Optionable
• Beta: 1.43