Kitwave Group (KITW) Share Price, News & Analysis

Company Overview

Kitwave Group plc is a delivered wholesale business with over 2,100 employees and a network of 37 depots able to support delivery throughout the UK, specialising in selling impulse products (such as confectionery, soft drinks, snacks, ice cream), frozen and chilled foods, alcohol, groceries and tobacco to over 46,000, mainly independent, customers. Currently, the Group sells a broad portfolio of over 44,000 Ambient, Frozen & Chilled and Foodservice products. The diverse customer base includes independent convenience retailers, leisure outlets, vending machine operators, foodservice providers and other wholesalers, as well as leading national retailers.

Key Stats

• Today's Range: 266 to 272
• 50-Day Range: 244 to 294
• 52-Week Range: 236.28 to 409.50
• Volume: 52,055 shs
• Average Volume: 267,223 shs
• Market Capitalization: £216.42 million
• P/E Ratio: 11.21
• Dividend Yield: 4.07%
• Price Target: GBX 495
• Consensus Rating: Buy

Kitwave Group Stock Analysis - MarketRank™

Kitwave Group scored higher than 68% 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: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Kitwave Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Kitwave Group has received no research coverage 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 Kitwave Group is 11.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.37.

Price to Earnings Ratio vs. Sector

The P/E ratio of Kitwave Group is 11.21, which means that it is trading at a more expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 10.90.

Price to Book Value per Share Ratio

Kitwave Group has a P/B Ratio of 2.34. 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 KITW.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Kitwave Group is a leading dividend payer. It pays a dividend yield of 3.96%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Kitwave Group is 45.67%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for KITW.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: N/A

News Sentiment

Kitwave Group has a news sentiment score of 1.11. 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 0.23 average news sentiment score of Consumer Defensive companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Kitwave Group 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, Kitwave Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought £51,600 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

14.99% of the stock of Kitwave Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

53.42% of the stock of Kitwave Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

KITW Stock Analysis - Frequently Asked Questions

How have KITW shares performed this year?

Kitwave Group's stock was trading at GBX 314.50 on January 1st, 2025. Since then, KITW shares have decreased by 14.1% and is now trading at GBX 270.
View the best growth stocks for 2025 here.

How were Kitwave Group's earnings last quarter?

Kitwave Group plc (LON:KITW) released its quarterly earnings data on Tuesday, March, 4th. The company reported $23.50 EPS for the quarter. Kitwave Group had a net margin of 2.83% and a trailing twelve-month return on equity of 20.87%.

How do I buy shares of Kitwave Group?

Shares of KITW 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.

What other stocks do shareholders of Kitwave Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Kitwave Group investors own include Bolt Biotherapeutics (BOLT), AFC Energy (AFC), Severfield (SFR), Rolls-Royce Holdings plc (RR), Nichols (NICL), Mind Medicine (MindMed) (MNMD) and Fevertree Drinks (FEVR).

Company Calendar

• Last Earnings: 3/04/2025
• Today: 4/18/2025

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Consumer Defensive
• Industry: Food Distribution
• Sub-Industry: N/A
• Current Symbol: LON:KITW
• CIK: N/A
• Web: www.kitwave.co.uk
• Phone: 44 19 1259 2277
• Fax: N/A
• Employees: 600
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 495
• High Stock Price Target: GBX 495
• Low Stock Price Target: GBX 495
• Potential Upside/Downside: +83.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 24.08
• Trailing P/E Ratio: 11.21
• Forward P/E Ratio: 8.16
• P/E Growth: N/A
• Net Income: £19.24 million
• Net Margins: 2.83%
• Pretax Margin: N/A
• Return on Equity: 20.87%
• Return on Assets: 7.23%

Debt

• Debt-to-Equity Ratio: 103.83
• Current Ratio: 1.02
• Quick Ratio: 0.65

Sales & Book Value

• Annual Sales: £679.23 million
• Price / Sales: 0.32
• Cash Flow: GBX 12.19 per share
• Price / Cash Flow: 22.15
• Book Value: GBX 115.39 per share
• Price / Book: 2.34

Miscellaneous

• Outstanding Shares: 80,157,182
• Free Float: N/A
• Market Cap: £216.42 million
• Optionable: Not Optionable
• Beta: 0.78