Pennon Group (PNN) Share Price, News & Analysis

Company Overview

Pennon Group Plc provides clean water and wastewater services in the United Kingdom. It provides water and wastewater services for customers in Cornwall, Devon, and parts of Dorset and Somerset; water-only services in the areas of Dorset, Hampshire, and Wiltshire; and water and wastewater retail services to non-household customers in Great Britain. The company also offers regulated water to approximately 1.2 million customers in the Bristol region. Pennon Group Plc was incorporated in 1989 and is based in Exeter, the United Kingdom.

Key Stats

• Today's Range: 536.50 to 550.50
• 50-Day Range: 546.50 to 633.50
• 52-Week Range: 536.95 to 775
• Volume: 1.19 million shs
• Average Volume: 1.21 million shs
• Market Capitalization: £1.56 billion
• P/E Ratio: N/A
• Dividend Yield: 11.20%
• Price Target: GBX 856.67
• Consensus Rating: Moderate Buy

Pennon Group Stock Analysis - MarketRank™

Pennon Group scored higher than 70% 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

Pennon Group 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

Pennon Group has received no research coverage 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 Pennon Group is -13,612.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Pennon Group is -13,612.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Pennon Group has a PEG Ratio of 8.20. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Pennon Group has a P/B Ratio of 1.34. 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 PNN.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Pennon Group is a leading dividend payer. It pays a dividend yield of 11.07%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

Sustainability and ESG

• Score: 4.0 / 5
• Environmental Score: -0.82

Short Interest

There is no current short interest data available for PNN.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.84

News Sentiment

Pennon Group has a news sentiment score of 0.84. 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 0.47 average news sentiment score of Utilities companies.

News Coverage This Week

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

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Pennon Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought £298.52 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

Only 0.51% of the stock of Pennon Group is held by insiders.

Percentage Held by Institutions

74.40% of the stock of Pennon Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PNN Stock Analysis - Frequently Asked Questions

How have PNN shares performed this year?

Pennon Group's stock was trading at GBX 751.50 at the start of the year. Since then, PNN stock has decreased by 27.5% and is now trading at GBX 544.50.
View the best growth stocks for 2024 here.

How were Pennon Group's earnings last quarter?

Pennon Group Plc (LON:PNN) released its quarterly earnings results on Thursday, June, 4th. The company reported $61.70 EPS for the quarter, topping analysts' consensus estimates of $56.40 by $5.30. Pennon Group had a negative trailing twelve-month return on equity of 0.74% and a negative net margin of 1.05%.

How do I buy shares of Pennon Group?

Shares of PNN 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 Pennon Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Pennon Group investors own include The Berkeley Group (BKG), Barclays (BARC), BP (BP), Glencore (GLEN), Lloyds Banking Group (LLOY), GSK (GSK) and HSBC (HSBA).

Company Calendar

• Last Earnings: 6/04/2020
• Ex-Dividend for 9/5 Dividend: 7/25/2024
• Dividend Payable: 9/05/2024
• Today: 10/31/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Utilities
• Industry: Utilities - Regulated Water
• Sub-Industry: N/A
• Current Symbol: LON:PNN
• CUSIP: N/A
• CIK: N/A
• Web: www.pennon-group.co.uk
• Phone: +44-1392-446677
• Fax: N/A
• Employees: 3,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 856.67
• High Stock Price Target: GBX 1,030
• Low Stock Price Target: GBX 710
• Potential Upside/Downside: +57.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX (0.04)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 523.44
• P/E Growth: 8.2
• Net Income: £-9,500,000.00
• Net Margins: -1.05%
• Pretax Margin: N/A
• Return on Equity: -0.74%
• Return on Assets: 1.81%

Debt

• Debt-to-Equity Ratio: 343.14
• Current Ratio: 0.97
• Quick Ratio: 1.54

Sales & Book Value

• Annual Sales: £906.80 million
• Price / Sales: 1.72
• Cash Flow: GBX 42.89 per share
• Price / Cash Flow: 12.70
• Book Value: GBX 406 per share
• Price / Book: 1.34

Miscellaneous

• Outstanding Shares: 286,040,000
• Free Float: N/A
• Market Cap: £1.56 billion
• Optionable: Not Optionable
• Beta: 0.29