Midwich Group (MIDW) Share Price, News & Analysis

Company Overview

Midwich Group plc, together with its subsidiaries, distributes audio visual (AV) solutions to trade customers in the United Kingdom, Ireland, rest of Europe, the Middle East, Africa, the Asia Pacific, and North America. The company distributes various AV categories, such as displays, projectors, technical and professional video products, audio and digital signage products, and broadcast products, as well as lighting and unified communications products. It also provides technical advice, logistics, and post-sales support services. In addition, the company distributes home cinema products, video editing software, telephone network services, and security products. It serves professional AV integrators and IT resellers in corporate, education, retail, residential, and hospitality sectors. The company was formerly known as Jade 320 Limited and changed its name to Midwich Group plc in April 2016. Midwich Group plc was founded in 1979 and is based in Diss, the United Kingdom.

Key Stats

• Today's Range: 278 to 297
• 50-Day Range: 263 to 325
• 52-Week Range: 254 to 451
• Volume: 22,717 shs
• Average Volume: 320,975 shs
• Market Capitalization: £285.44 million
• P/E Ratio: 1,268.18
• Dividend Yield: 6.09%
• Price Target: GBX 620
• Consensus Rating: Buy

Midwich Group Stock Analysis - MarketRank™

Midwich Group scored higher than 54% 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

Midwich 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

Midwich Group 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 Midwich Group is 1,268.18, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 118.67.

Price to Earnings Ratio vs. Sector

The P/E ratio of Midwich Group is 1,268.18, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 210.85.

Price to Book Value per Share Ratio

Midwich Group has a P/B Ratio of 1.62. 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 MIDW.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Midwich Group is a leading dividend payer. It pays a dividend yield of 5.22%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Midwich Group is 7,727.27%. 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 MIDW.

News and Social Media

• Score: 0.5 / 5
• News Sentiment: N/A

News Sentiment

Midwich Group has a news sentiment score of -1.14. 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 0.62 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Midwich Group this week, compared to 1 article on an average week.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Midwich Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought £409,500 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

26.21% of the stock of Midwich Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

55.81% of the stock of Midwich Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MIDW Stock Analysis - Frequently Asked Questions

How have MIDW shares performed this year?

Midwich Group's stock was trading at GBX 437 on January 1st, 2024. Since then, MIDW shares have decreased by 36.2% and is now trading at GBX 279.
View the best growth stocks for 2024 here.

How do I buy shares of Midwich Group?

Shares of MIDW 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 Midwich Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Midwich Group investors own include Lloyds Banking Group (LLOY), B&M European Value Retail (BME), Coats Group (COA), Babcock International Group (BAB), Bank of America (BAC), Barclays (BARC) and Beazley (BEZ).

Company Calendar

• Ex-Dividend for 10/18 Dividend: 9/12/2024
• Dividend Payable: 10/18/2024
• Today: 11/23/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Computer and Technology
• Industry: Electronics & Computer Distribution
• Sub-Industry: N/A
• Current Symbol: LON:MIDW
• CUSIP: N/A
• CIK: N/A
• Web: www.midwichgroupplc.com
• Phone: +44-1379-649200
• Fax: N/A
• Employees: 1,900
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 620
• High Stock Price Target: GBX 620
• Low Stock Price Target: GBX 620
• Potential Upside/Downside: +122.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.22
• Trailing P/E Ratio: 1,268.18
• Forward P/E Ratio: 7.56
• P/E Growth: N/A
• Net Income: £22.48 million
• Net Margins: 1.70%
• Pretax Margin: N/A
• Return on Equity: 13.25%
• Return on Assets: 3.70%

Debt

• Debt-to-Equity Ratio: 96.77
• Current Ratio: 1.44
• Quick Ratio: 0.78

Sales & Book Value

• Annual Sales: £1.32 billion
• Price / Sales: 0.22
• Cash Flow: GBX 12.93 per share
• Price / Cash Flow: 21.57
• Book Value: GBX 172 per share
• Price / Book: 1.62

Miscellaneous

• Outstanding Shares: 102,310,000
• Free Float: N/A
• Market Cap: £285.44 million
• Optionable: Not Optionable
• Beta: 0.66