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INCH Inchcape Plc

793.50
30.50 (4.00%)
07 May 2024 - Closed
Delayed by 15 minutes
Inchcape Investors - INCH

Inchcape Investors - INCH

Share Name Share Symbol Market Stock Type
Inchcape Plc INCH London Ordinary Share
  Price Change Price Change % Share Price Last Trade
30.50 4.00% 793.50 16:35:26
Open Price Low Price High Price Close Price Previous Close
769.00 756.50 792.50 793.50 763.00
more quote information »
Industry Sector
GENERAL RETAILERS

Top Investor Posts

Top Posts
Posted at 18/2/2022 18:24 by km18
...from last year...

Company overview:
Inchcape is a leading franchised automotive retailer in the UK, partnering with numerous like Audi, BMW, Jaguar, Land Rover, Mercedes-Benz etc. The complete focus on automotive retailing came around 1990. They have over 100 dealerships across the UK with more than 5500 employees. It is operating worldwide with venues in Australasia, Europe and Emerging Markets. Over the past 5 years they have adopted a growth strategy, which has helped them increase the number of markets where they operate from 26 to 34 and add new OEM partners to the portfolio. Their strategy is one of the key success factors, as they provide everything, from brand positioning, product planning, import and logistics, national marketing, parts distribution, new/old vehicles, and financing.
As with many automotive retailers, growth is blended, as they usually expand in new markets through acquisitions of already established chains. INCH is no different, with numerous acquisitions over the past 10 years and a goodwill figure of £119m. It has been significantly reduced since the highs of £500m and at 3% of total assets does not raise any red flags. Growth in revenue is mediocre at 0.004% CAGR, which is mainly due to the unappealing results from 2020 where revenues shrunk from £9.3bn to £6.8bn (bringing the company back to 2015). TTM figures are healthy at £7.75bn and the forecast for this year is in the same region. ROCE was very strong prior to the Covid crisis and seems to be recovering from last year’s negative figure. Moreover, the second-best ROC in the Automotive retailers on Stockopedia and the negative gearing are accompanied by a sumptuous dividend.
 Latest trading update for the third quarter has “increase in FY21 profit expectations” in the headline – what else would an investor look for? Group revenue for the quarter is up by 10% (organic basis) at £1.9bn, as the reported is actually only 2%. Management upgrades the PBT outlook for the year end to “at least £290m. Applying an average tax rate of 26% on this would result in a net profit in the region of £210-220m, which is far ahead of the expected figure on Stockopedia of £192m. Reported EPS based on this figure (keeping in mind the shares ion issue should be the same) would be above the 70p mark which is very close to full recovery of the pre-Covid performance. Outlook is positive, as managements believes the margins would outweigh the negative impact from the supply chain...

...from WealthOracleAM
Posted at 17/10/2018 15:24 by yump
EI

I think that depends on whether online ordering is going to be significant or not and the market didn't just decide that today.

Maybe there's been a few major investors taking a view on the combination of dropping consumption added to market correction added to general possible trading problems across continents (trade war rumours etc. etc.) - consumer slump - mini-recession.

Question is: how much worry is or has been already in the market.

I think people (including 'the market') are feeling that sooner or later hell will be unleashed.

Analysts and brokers won't want to be caught with their credibility pants down, so its safer to issue 'hold' and 'sell' than 'buy' at the moment.
Posted at 31/7/2015 15:17 by mike740
Inchcape plc PT Raised to GBX 820 at Nomura (INCH)
Posted by Stephan Byrd on Jul 31st, 2015

Equities research analysts at Nomura hoisted their target priceon shares of Inchcape plc (LON:INCH) from GBX 780 ($12.11) to GBX 820 ($12.73) in a note issued to investors on Friday, AnalystRatings.Net reports. The firm presently has a “buy” rating on the stock. Nomura’s target price indicates a potential upside of 2.24% from the stock’s current price.
In other Inchcape plc news, insider McConnell ,John sold 137,818 shares of the stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of GBX 8.54 ($0.13), for a total transaction of £11,769.66 ($18,267.36).
Shares of Inchcape plc (LON:INCH) opened at 805.5000 on Friday. Inchcape plc has a one year low of £589.50 and a one year high of £906.65. The stock’s market capitalization is £3.60 billion. The stock has a 50 day moving average of £808.42 and a 200-day moving average of £795.26.
The business also recently announced a dividend, which will be issued on Friday, September 4th. Investors of record on Thursday, August 6th will be paid a dividend of GBX 6.80 ($0.11) per share. This represents a yield of 0.85%. The ex-dividend date is Thursday, August 6th.
INCH has been the topic of a number of other reports. Berenberg Bank reiterated a “buy” rating and issued a GBX 915 ($14.20) target price on shares of Inchcape plc in a report on Friday, July 10th. Citigroup Inc. reissued a “neutral”; rating and issued a GBX 770 ($11.95) target price on shares of Inchcape plc in a research report on Friday, July 24th. JPMorgan Chase & Co. reaffirmed an “overweight221; rating and set a GBX 735 ($11.41) price objective on shares of Inchcape plc in a research report on Tuesday. Liberum Capital reissued a “hold” rating and issued a GBX 680 ($10.55) target price on shares of Inchcape plc in a research report on Thursday. Finally, Deutsche Bank restated a “hold” rating and issued a GBX 860 ($13.35) price objective on shares of Inchcape plc in a research note on Friday. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of GBX 840 ($13.04).
Inchcape plc is a global premium automotive distributor and retailer. The Company provides a professional and financed route to market for automotive manufacturers across five continents. Inchcape acts as a vehicle and parts distributor in 22 of its 26 markets. In these markets, the Company has responsibility for managing the value chain on behalf of a focused portfolio of premium and luxury brand partners. The Company’s responsibilities as a distributor include specifying vehicles to meet local market requirements, organizing logistics from the factory gate through to the retail center, appointing and performance managing the retail network and acting as the national marketer of the brand. The Company derives over two third of its profit from Asia Pacific and emerging markets. Its markets include Hong Kong, Singapore, Russia, Chile, Ethiopia, Australia and the United Kingdom. In June 2014, Inchcape PLC completed sale of its 24 Leng Kee Road, Singapore to Wealth Assets Pte. Ltd.
Posted at 16/1/2012 17:15 by barlick
Really surprised how dead this thread is.

No investors with opinions out there? How is a newbie going to learn?
Posted at 01/4/2011 11:34 by mtness
Rated as buy in today's Investors Chronicle
Posted at 12/2/2010 09:11 by rh92
ALH CONTACT THE COMPANY WITH YOUR QUESTION
THEY ARE THE PEOPLE WHO CAN GIVE YOU THE ANSWERS



About Us
Our Business
Investor Relations
Media Centre
CSR
Careers at Inchcape
Group Contacts
Advisors
Enquiry Form

Registered Head Office
Inchcape plc
22a St James's Square
London
SW1Y 5LP
United Kingdom

Registration number: 609782
Place of registration: England

Tel: +44 (0) 20 7546 0022
Fax: +44 (0) 20 7546 0010
Email: contact@inchcape.com

For UK enquiries please contact:
Tel: 0845 125 5900
Email: iukhq@inchcape.com

For all general, investor and media enquiries please contact:
General: Group Communications
Tel: +44 (0) 20 7546 0022

Investor: Investor Relations
Tel: +44 (0) 20 7546 8209
Tel: +44 (0) 20 7546 8316

Media: Financial Dynamics
Holborn Gate
26 Southampton Buildings
London WC2A 1PB
Tel: +44 (0) 20 7831 3113
Posted at 15/12/2009 16:30 by rh92
ABAZAT i phone investor relations 02075468209 they said updated would be out on thursday morning.and reading the last intrerim management statement 20/10/09 there restructuring progamme with reduce work force 2350, sites closed 31,
our group financial preformance for the full year is expected to be SIGNIFICANTLY ahead of previous expectations.with increased share across our key markets in established and emergerging markets. we are confident to outperform our competitors and to benefit from market recovery.
it is my view that if the update is good then we might see short sellers close there position and therefore a recovery in the share price
Posted at 20/10/2009 14:58 by steve1905
Is the interim report issued this morning, the one which is due for release on 28/10 (as per the inchcape investor site? Or will a more detailed account be released on that date?

cheers
Posted at 15/9/2009 18:00 by cockneyrebel
RNS Number : 1190Z
Inchcape PLC
15 September 2009

?
15 September 2009
INCHCAPE PLC


André Lacroix speaks at London investor conference


André Lacroix, Group Chief Executive of Inchcape plc, is speaking at the Sanford
Bernstein Sixth Annual Pan European Strategic Decisions conference in London
this afternoon.
A copy of Mr Lacroix's presentation, which contains no materially new
information, will be available for viewing from later today in the Investor
Relations section of the Inchcape website.
------------------------------------------------

Looked on the website but cannot see it? Can anyone else find it?
Posted at 26/6/2009 12:00 by master rsi
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