Latest news with #IBST
Business Insider
16 hours ago
- Business
- Business Insider
Ibstock (IBST) Gets a Buy from Jefferies
In a report released yesterday, Priyal Woolf from Jefferies maintained a Buy rating on Ibstock (IBST – Research Report), with a price target of £1.90. The company's shares closed yesterday at p151.40. Confident Investing Starts Here: According to TipRanks, Woolf is ranked #8378 out of 9595 analysts. Currently, the analyst consensus on Ibstock is a Strong Buy with an average price target of p213.20, which is a 40.82% upside from current levels. In a report released on June 12, Deutsche Bank also maintained a Buy rating on the stock with a £2.20 price target. Based on Ibstock's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p188.02 million and a net profit of p6.5 million. In comparison, last year the company earned a revenue of p183.11 million and had a GAAP net loss of p1.34 million Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IBST in relation to earlier this year.
Yahoo
15-04-2025
- Business
- Yahoo
Ibstock Full Year 2024 Earnings: EPS Misses Expectations
Revenue: UK£366.2m (down 9.8% from FY 2023). Net income: UK£15.1m (down 28% from FY 2023). Profit margin: 4.1% (down from 5.2% in FY 2023). EPS: UK£0.038 (down from UK£0.054 in FY 2023). Our free stock report includes 1 warning sign investors should be aware of before investing in Ibstock. Read for free now. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 23%. The primary driver behind last 12 months revenue was the Clay segment contributing a total revenue of UK£248.8m (68% of total revenue). Notably, cost of sales worth UK£251.9m amounted to 69% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£43.3m (44% of total expenses). Explore how IBST's revenue and expenses shape its earnings. Looking ahead, revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Basic Materials industry in the United Kingdom. Performance of the British Basic Materials industry. The company's shares are up 12% from a week ago. You should learn about the 1 warning sign we've spotted with Ibstock. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
15-04-2025
- Business
- Yahoo
Ibstock Full Year 2024 Earnings: EPS Misses Expectations
Revenue: UK£366.2m (down 9.8% from FY 2023). Net income: UK£15.1m (down 28% from FY 2023). Profit margin: 4.1% (down from 5.2% in FY 2023). EPS: UK£0.038 (down from UK£0.054 in FY 2023). Our free stock report includes 1 warning sign investors should be aware of before investing in Ibstock. Read for free now. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 23%. The primary driver behind last 12 months revenue was the Clay segment contributing a total revenue of UK£248.8m (68% of total revenue). Notably, cost of sales worth UK£251.9m amounted to 69% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£43.3m (44% of total expenses). Explore how IBST's revenue and expenses shape its earnings. Looking ahead, revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Basic Materials industry in the United Kingdom. Performance of the British Basic Materials industry. The company's shares are up 12% from a week ago. You should learn about the 1 warning sign we've spotted with Ibstock. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
