Zigup (ZIG) Share Price, News & Analysis

Company Overview

ZIGUP (formerly Redde Northgate plc) is the leading integrated mobility solutions provider, with a platform providing services across the vehicle lifecycle to help people keep on the move, smarter. The Company offers mobility solutions to businesses, fleet operators, insurers, OEMs and other customers across a broad range of areas from vehicle rental and fleet management to accident management, vehicle repairs, service and maintenance. The mobility landscape is changing, becoming ever more connected and ZIGUP uses its knowledge and expertise to guide customers through the transformation, whether that is more digitally connected solutions or supporting the transition to lower carbon mobility through providing EVs, charging solutions and consultancy. The Company's core purpose is to keep its customers mobile, smarter - through meeting their regular mobility needs or by servicing and supporting them when unforeseen events occur. With our considerable scale and reach, ZIGUP’s mission is to offer an imaginative, market-leading customer proposition and drive enhanced returns for shareholders by creating value through sustainable compounding growth. The Group seeks to achieve this through the delivery of its new strategic framework of Enable, Deliver and Grow. ZIGUP supports its customers through a network and diversified fleet of approx. 130,000 owned and leased vehicles, supporting over 700,000 managed vehicles, with over 175 branches across the UK, Ireland and Spain and a specialist team of over 7,500 employees. We are a trusted partner to many of the leading insurance and leasing companies, blue chip corporates and a broad range of businesses across a diverse range of sectors. Our strength comes not only from our breadth of our award-winning solutions, but from our extensive network reach, our wealth of experience and continual focus on delivering an exceptional customer experience. Further information regarding ZIGUP plc can be found on the Company’s website: www.zigup.com

Key Stats

• Today's Range: 304.50 to 314.50
• 50-Day Range: 290.50 to 383
• 52-Week Range: 287 to 445
• Volume: 426,894 shs
• Average Volume: 591,962 shs
• Market Capitalization: £697.71 million
• P/E Ratio: 579.63
• Dividend Yield: 8.31%
• Price Target: GBX 390
• Consensus Rating: Hold

Zigup Stock Analysis - MarketRank™

Zigup scored higher than 43% 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: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Zigup has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Zigup has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Zigup is 579.63, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 102.82.

Price to Earnings Ratio vs. Sector

The P/E ratio of Zigup is 579.63, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 370.21.

Price to Book Value per Share Ratio

Zigup has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued 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 ZIG.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Zigup is a leading dividend payer. It pays a dividend yield of 7.07%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Zigup 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 ZIG.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.74

News Sentiment

Zigup has a news sentiment score of 0.74. 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 0.29 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Zigup this week, compared to 0 articles on an average week.

Company Ownership

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

Insider Buying vs. Insider Selling

In the past three months, Zigup insiders have bought more of their company's stock than they have sold. Specifically, they have bought £29,500 in company stock and sold GBX 0 in company stock.

Percentage Held by Insiders

Only 8.85% of the stock of Zigup is held by insiders.

Percentage Held by Institutions

85.41% of the stock of Zigup is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ZIG Stock Analysis - Frequently Asked Questions

How have ZIG shares performed this year?

Zigup's stock was trading at GBX 320.76 at the beginning of the year. Since then, ZIG stock has decreased by 2.4% and is now trading at GBX 313.
View the best growth stocks for 2025 here.

How do I buy shares of Zigup?

Shares of ZIG 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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Company Calendar

• Ex-Dividend for 1/10 Dividend: 12/12/2024
• Dividend Payable: 1/10/2025
• Today: 1/19/2025

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Industrials
• Industry: Rental & Leasing Services
• Sub-Industry: N/A
• Current Symbol: LON:ZIG
• CUSIP: N/A
• CIK: N/A
• Web: www.zigup.com
• Phone: 44-13-2546-7558
• Fax: N/A
• Employees: 7,906
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 390
• High Stock Price Target: GBX 390
• Low Stock Price Target: GBX 390
• Potential Upside/Downside: +24.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.54
• Trailing P/E Ratio: 579.63
• Forward P/E Ratio: 5.92
• P/E Growth: N/A
• Net Income: £125.02 million
• Net Margins: 6.82%
• Pretax Margin: N/A
• Return on Equity: 12.27%
• Return on Assets: 5.59%

Debt

• Debt-to-Equity Ratio: 74.95
• Current Ratio: 1.13
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: £1.83 billion
• Price / Sales: 0.38
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: GBX 465 per share
• Price / Book: 0.67

Miscellaneous

• Outstanding Shares: 222,910,000
• Free Float: N/A
• Market Cap: £697.71 million
• Optionable: N/A
• Beta: 1.65