Tate & Lyle (TATE) Share Price, News & Analysis

Company Overview

Tate & Lyle PLC, together with its subsidiaries, provides ingredients and solutions to the food, beverage, and other industries in the United States, the United Kingdom, other European countries, and internationally. It operates through three segments: Food & Beverage Solutions, Sucralose, and Primary Products. The company offers dairy products, soups, sauces, and dressings; bakery products and snacks; texturants; nutritive sweeteners, such as high fructose corn syrup and dextrose; fibres; and stabilizers and functional systems. It also provides industrial starches; acidulants, such as citric acid; and commodities comprising corn gluten feed, meal, and corn oil. The company was incorporated in 1903 and is headquartered in London, the United Kingdom.

Key Stats

• Today's Range: 655.50 to 676.50
• 50-Day Range: 662.19 to 807
• 52-Week Range: 587 to 848.50
• Volume: 164,860 shs
• Average Volume: 1.97 million shs
• Market Capitalization: £2.49 billion
• P/E Ratio: 1,493.18
• Dividend Yield: 2.89%
• Price Target: GBX 866.67
• Consensus Rating: Moderate Buy

Tate & Lyle Stock Analysis - MarketRank™

Tate & Lyle scored higher than 35% 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

Tate & Lyle has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Tate & Lyle 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 Tate & Lyle is 1,493.18, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 113.09.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tate & Lyle is 1,493.18, which means that it is trading at a more expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 211.93.

Price to Earnings Growth Ratio

Tate & Lyle has a PEG Ratio of 1.37. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Tate & Lyle has a P/B Ratio of 2.11. 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 TATE.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Tate & Lyle pays a meaningful dividend of 2.76%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Tate & Lyle does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Tate & Lyle is 4,318.18%. 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 TATE.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.19

News Sentiment

Tate & Lyle has a news sentiment score of 0.19. 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 0.39 average news sentiment score of Consumer Defensive companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Tate & Lyle this week, compared to 2 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Tate & Lyle insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.22% of the stock of Tate & Lyle is held by insiders.

Percentage Held by Institutions

76.38% of the stock of Tate & Lyle is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TATE Stock Analysis - Frequently Asked Questions

How have TATE shares performed this year?

Tate & Lyle's stock was trading at GBX 659 at the beginning of the year. Since then, TATE shares have decreased by 0.3% and is now trading at GBX 657.
View the best growth stocks for 2024 here.

How do I buy shares of Tate & Lyle?

Shares of TATE 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 Tate & Lyle own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tate & Lyle investors own include Barclays (BARC), BP (BP), Legal & General Group (LGEN), Lloyds Banking Group (LLOY), Unilever (ULVR), HSBC (HSBA) and Diageo (DGE).

Company Calendar

• Ex-Dividend for 1/6 Dividend: 11/21/2024
• Today: 12/24/2024
• Dividend Payable: 1/06/2025

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Consumer Defensive
• Industry: Packaged Foods
• Sub-Industry: N/A
• Current Symbol: LON:TATE
• CUSIP: N/A
• CIK: N/A
• Web: www.tateandlyle.com
• Phone: +44-20-72572100
• Fax: N/A
• Employees: 3,604
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 866.67
• High Stock Price Target: GBX 950
• Low Stock Price Target: GBX 790
• Potential Upside/Downside: +31.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.44
• Trailing P/E Ratio: 1,493.18
• Forward P/E Ratio: 12.80
• P/E Growth: 1.37
• Net Income: £179 million
• Net Margins: 11.42%
• Pretax Margin: N/A
• Return on Equity: 14.74%
• Return on Assets: 6.03%

Debt

• Debt-to-Equity Ratio: 47.62
• Current Ratio: 3.22
• Quick Ratio: 1.77

Sales & Book Value

• Annual Sales: £1.65 billion
• Price / Sales: 1.51
• Cash Flow: GBX 113.47 per share
• Price / Cash Flow: 5.79
• Book Value: GBX 312 per share
• Price / Book: 2.11

Miscellaneous

• Outstanding Shares: 379,340,000
• Free Float: N/A
• Market Cap: £2.49 billion
• Optionable: Not Optionable
• Beta: 0.50