Tesco (TSCO) Share Price, News & Analysis

Company Overview

Tesco PLC, together with its subsidiaries, operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary. It offers grocery products through its stores, as well as online. The company is also involved in the food and drink wholesaling activities. In addition, it provides banking and insurance, and mobile operating services. Further, the company operates a network of one stop convenience stores; and offers data science, technology, software, and consultancy services. Tesco PLC was founded in 1919 and is based in Welwyn Garden City, the United Kingdom.

Key Stats

• Today's Range: 343 to 349.50
• 50-Day Range: 339.80 to 370.60
• 52-Week Range: 269.40 to 373.90
• Volume: 14.65 million shs
• Average Volume: 19.64 million shs
• Market Capitalization: £23.70 billion
• P/E Ratio: 1,288.89
• Dividend Yield: 3.74%
• Price Target: GBX 313.33
• Consensus Rating: Moderate Buy

Tesco Stock Analysis - MarketRank™

Tesco scored higher than 11% 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: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Tesco has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Tesco 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 Tesco is 1,288.89, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 128.20.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tesco is 1,288.89, which means that it is trading at a more expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 206.76.

Price to Earnings Growth Ratio

Tesco has a PEG Ratio of 1.43. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Tesco has a P/B Ratio of 2.05. 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 TSCO.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Tesco pays a meaningful dividend of 3.45%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Tesco does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Tesco is 4,814.81%. 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 TSCO.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.09

News Sentiment

Tesco has a news sentiment score of 0.09. 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 0.37 average news sentiment score of Consumer Defensive companies.

News Coverage This Week

MarketBeat has tracked 28 news articles for Tesco this week, compared to 16 articles on an average week.

Search Interest

Only 20 people have searched for TSCO on MarketBeat in the last 30 days. This is a decrease of -9% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Tesco to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Tesco insiders have bought more of their company's stock than they have sold. Specifically, they have bought £276.12 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

Only 2.51% of the stock of Tesco is held by insiders.

Percentage Held by Institutions

55.76% of the stock of Tesco is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TSCO Stock Analysis - Frequently Asked Questions

How have TSCO shares performed this year?

Tesco's stock was trading at GBX 290.50 at the beginning of the year. Since then, TSCO stock has increased by 19.8% and is now trading at GBX 348.
View the best growth stocks for 2024 here.

How do I buy shares of Tesco?

Shares of TSCO 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 Tesco own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tesco investors own include Lloyds Banking Group (LLOY), Meta Platforms (META), Barclays (BARC), BP (BP), Vodafone Group Public (VOD), Glencore (GLEN) and Aviva (AV).

Company Calendar

• Ex-Dividend for 11/22 Dividend: 10/10/2024
• Today: 11/02/2024
• Dividend Payable: 11/22/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Consumer Defensive
• Industry: Grocery Stores
• Sub-Industry: Retail
• Current Symbol: LON:TSCO
• CUSIP: N/A
• CIK: N/A
• Web: www.tescoplc.com
• Phone: +44-1992-632222
• Fax: N/A
• Employees: 49,000
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 313.33
• High Stock Price Target: GBX 350
• Low Stock Price Target: GBX 240
• Potential Upside/Downside: -10.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.27
• Trailing P/E Ratio: 1,288.89
• Forward P/E Ratio: 12.71
• P/E Growth: 1.43
• Net Income: £1.90 billion
• Net Margins: 1.90%
• Pretax Margin: N/A
• Return on Equity: 16.07%
• Return on Assets: 3.93%

Debt

• Debt-to-Equity Ratio: 126.42
• Current Ratio: 0.81
• Quick Ratio: 0.60

Sales & Book Value

• Annual Sales: £69.16 billion
• Price / Sales: 0.34
• Cash Flow: GBX 83.95 per share
• Price / Cash Flow: 4.15
• Book Value: GBX 170 per share
• Price / Book: 2.05

Miscellaneous

• Outstanding Shares: 6,810,000,000
• Free Float: N/A
• Market Cap: £23.70 billion
• Optionable: Not Optionable
• Beta: 0.51