Wickes Group (WIX) Share Price, News & Analysis

Company Overview

Wickes is one of the UK’s best known home improvement retailers. Having opened our first store in 1972 we now have over 230 stores across the UK, employing 8,500 colleagues and offering products ranging from kitchens and bathrooms, to paint, tools and timber. Wickes is a successful, growing, cash generative and profitable business, operating in the large and growing £25 billion UK Home Improvement market. Over the past few years Wickes has consistently outperformed the market, growing share and delivering a CAGR growth rate double that of the market. At Wickes, we have a clear purpose, which is to ‘help the nation feel house proud’, and we do this by focusing on our three customer segments - Local Trade, Do-it-for-me and DIY retail. Our highly distinctive proposition, balanced across these three customer segments, means that we can capture the full breadth of the market growth opportunity as Wickes is much more than just a DIY business. Our business is digitally led and service enabled, fulfilled by a low cost, efficient and totally integrated operating model. With over 5 million online customers, almost two thirds of all sales emanate in the digital space. However, as 98% of sales are fulfilled directly from our physical estate this ensures that we benefit from digital growth without digital dilution. We have proven levers for growth across our three customer segments of Local Trade, Do-it-for-me and DIY Retail and are committed to ensuring that our growth is delivered responsibly, minimising our impact on the environment, supporting the communities we serve and creating a winning culture where our colleagues can gain new skills and build their careers. Wickes CEO, David Wood: “Wickes' unique proposition, digital capability and efficient operating model has enabled us to respond rapidly to the changing demands of our customers. We are able to provide customers with everything they need to achieve their home improvement plans and we are well placed to capitalise on the exciting growth opportunities we see in our markets while creating long-term value for all our stakeholders.”

Key Stats

• Today's Range: 147.80 to 153.40
• 50-Day Range: 145.60 to 169
• 52-Week Range: 130.60 to 178
• Volume: 1.30 million shs
• Average Volume: 565,559 shs
• Market Capitalization: £363.70 million
• P/E Ratio: 1,278.33
• Dividend Yield: 7.17%
• Price Target: GBX 180
• Consensus Rating: Buy

Wickes Group Stock Analysis - MarketRank™

Wickes Group scored higher than 39% 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: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

Wickes 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

Wickes Group has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Wickes Group is 1,278.33, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 113.35.

Price to Earnings Ratio vs. Sector

The P/E ratio of Wickes Group is 1,278.33, which means that it is trading at a more expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 346.13.

Price to Earnings Growth Ratio

Wickes Group has a PEG Ratio of 0.79. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Wickes Group has a P/B Ratio of 2.43. 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 WIX.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Wickes Group is a leading dividend payer. It pays a dividend yield of 6.60%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Wickes Group is 9,166.67%. 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 WIX.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

Search Interest

Only 11 people have searched for WIX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

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

Insider Buying vs. Insider Selling

In the past three months, Wickes Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought GBX 628 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

Only 7.16% of the stock of Wickes Group is held by insiders.

Percentage Held by Institutions

68.49% of the stock of Wickes Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WIX Stock Analysis - Frequently Asked Questions

How have WIX shares performed this year?

Wickes Group's stock was trading at GBX 142.10 at the beginning of the year. Since then, WIX stock has increased by 8.0% and is now trading at GBX 153.40.
View the best growth stocks for 2024 here.

How do I buy shares of Wickes Group?

Shares of WIX 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 Wickes Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Wickes Group investors own include NVIDIA (NVDA), Netflix (NFLX), Wheaton Precious Metals (WPM), The Goldman Sachs Group (GS), Marks and Spencer Group (MKS), Micron Technology (MU) and Northern Star Resources (NST).

Company Calendar

• Ex-Dividend for 11/8 Dividend: 10/03/2024
• Dividend Payable: 11/08/2024
• Today: 12/21/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Consumer Cyclical
• Industry: Home Improvement Retail
• Sub-Industry: Computer Software
• Current Symbol: LON:WIX
• CUSIP: N/A
• CIK: N/A
• Web: www.wickesplc.co.uk
• Phone: 44 19 2365 6600
• Fax: N/A
• Employees: 5,930
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 180
• High Stock Price Target: GBX 180
• Low Stock Price Target: GBX 180
• Potential Upside/Downside: +17.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.12
• Trailing P/E Ratio: 1,278.33
• Forward P/E Ratio: 9.45
• P/E Growth: 0.79
• Net Income: £30.70 million
• Net Margins: 2.01%
• Pretax Margin: N/A
• Return on Equity: 19.20%
• Return on Assets: 3.77%

Debt

• Debt-to-Equity Ratio: 454.31
• Current Ratio: 1.10
• Quick Ratio: 0.58

Sales & Book Value

• Annual Sales: £1.53 billion
• Price / Sales: 0.24
• Cash Flow: GBX 71.77 per share
• Price / Cash Flow: 2.14
• Book Value: GBX 63 per share
• Price / Book: 2.43

Miscellaneous

• Outstanding Shares: 237,090,000
• Free Float: N/A
• Market Cap: £363.70 million
• Optionable: Not Optionable
• Beta: 0.78