Kitwave Group (KITW) Share Price, News & Analysis

Company Overview

Kitwave Group plc engages in the wholesale business in the United Kingdom. It operates in three divisions: Ambient, Frozen & Chilled, and Foodservice. The Ambient division supplies confectionery, soft drinks, crisps and snacks, and tobacco. This division serves independent convenience stores, vending operators, national retailers, and other UK wholesalers. The Frozen & Chilled division offers ice creams, pizzas, chips, and ready meals, as well as a range of chilled products. It serves independent convenience stores, leisure outlets, and UK wholesalers. The Foodservice division provides frozen, chilled, and ambient food, as well as alcohol and soft drinks to independent traditional foodservice outlets, including bars, restaurants, and leisure outlets, as well as customers in the care home and education sectors. Kitwave Group plc was founded in 1987 and is headquartered in North Shields, the United Kingdom.

Key Stats

• Today's Range: 317 to 330
• 50-Day Range: 309 to 351.50
• 52-Week Range: 242.77 to 409.50
• Volume: 39,209 shs
• Average Volume: 199,224 shs
• Market Capitalization: £254.99 million
• P/E Ratio: 1,320.83
• Dividend Yield: 3.47%
• Price Target: GBX 495
• Consensus Rating: Buy

KITW Stock Analysis - Frequently Asked Questions

How have KITW shares performed this year?

Kitwave Group's stock was trading at GBX 255 at the start of the year. Since then, KITW shares have increased by 24.3% and is now trading at GBX 317.
View the best growth stocks for 2024 here.

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.
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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).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Consumer Defensive
• Industry: Food Distribution
• Sub-Industry: N/A
• Current Symbol: LON:KITW
• CUSIP: N/A
• 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: +56.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.24
• Trailing P/E Ratio: 1,320.83
• Forward P/E Ratio: 9.58
• P/E Growth: N/A
• Net Income: £17.68 million
• Net Margins: 2.83%
• Pretax Margin: N/A
• Return on Equity: 22.24%
• 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: £624.23 million
• Price / Sales: 0.41
• Cash Flow: GBX 14.31 per share
• Price / Cash Flow: 22.15
• Book Value: GBX 121 per share
• Price / Book: 2.62

Miscellaneous

• Outstanding Shares: 80,440,000
• Free Float: N/A
• Market Cap: £254.99 million
• Optionable: Not Optionable
• Beta: 0.78