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JSG Johnson Service Group Plc

167.60
3.20 (1.95%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Johnson Service Group Plc LSE:JSG London Ordinary Share GB0004762810 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  3.20 1.95% 167.60 573,687 16:35:11
Bid Price Offer Price High Price Low Price Open Price
166.00 166.60 167.00 162.80 167.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Business Services, Nec 465.3M 85.2M 0.2056 8.10 690.42M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:23 O 22,926 167.60 GBX

Johnson Service (JSG) Latest News

Johnson Service (JSG) Discussions and Chat

Johnson Service Forums and Chat

Date Time Title Posts
17/5/202417:10JSG: A (dry) clean sweep recovery play?995
06/5/201007:57Jonson Services - JSG Profit Warning - Price target 250p16
11/8/200909:11JSG Ready to Jangle939
03/3/200821:03The Johnson Service Group Thread2
05/7/200207:43JOHNSON SERVICE - JSG-

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Johnson Service (JSG) Most Recent Trades

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Johnson Service (JSG) Top Chat Posts

Top Posts
Posted at 19/5/2024 09:20 by Johnson Service Daily Update
Johnson Service Group Plc is listed in the Business Services, Nec sector of the London Stock Exchange with ticker JSG. The last closing price for Johnson Service was 164.40p.
Johnson Service currently has 414,415,123 shares in issue. The market capitalisation of Johnson Service is £690,415,595.
Johnson Service has a price to earnings ratio (PE ratio) of 8.10.
This morning JSG shares opened at 167p
Posted at 13/5/2024 10:28 by davebowler
Third interesting stock pick this week is SECTOR PERFORM Johnson Service Group by RBC Capital with a tip performance of 3%








Stockomendation -Johnson Service Group is the leading provider of workwear in the UK. Headquartered in Cheshire, the company provides textile rental and related services across a range of sectors throughout the UK.

Founded in 1952, Johnson Service Group launched on the London Stock Exchange in 1997 at 332p, reached an all-time high of 448p in 2005 and is today at 155p.

In the news this week for a 52-week high share price and an increased dividend to £0.009p.

In Stockomendation three out of five analysts say BUY they are Deutsche Bank, Peel Hunt and Berenberg; RBC Capital says SECTOR PERFORM and Barclays says OVERWEIGHT. There are no active short positions currently open.
Posted at 01/5/2024 12:57 by liberatingsteptoe
A good day!
One might say that there must be a lot of 'wash, rinse and repeat' going on, but this has been a very good share to have held for the last fifteen years or so.
A happy holder.
Ls
Posted at 19/10/2023 11:02 by philanderer
Another rubbish day for JSG :-S
Posted at 10/9/2023 10:20 by wad collector
IC article, FWIW, is more cautious , concerned about the energy price exposure and the lack of workwear volume growth and concludes HOLD. Which I suspect is what most of us are doing. In March they also said hold at 115p.
Posted at 08/9/2023 14:07 by philanderer
Here's Berenberg's guess ;-)


Berenberg: Johnson Services in an upgrade cycle


Textile rental company Johnson Service Group (JSG) is in the middle of an upgrade cycle, says Berenberg.

Analyst Calum Battersby retained his ‘buy’ recommendation and target price of 155p on the Citywire Elite Companies A-rated business, which was trading at 131p on Thursday.

He said first-half results showed ‘clear support for our investment case’.

‘A combination of price increases, strong volume performance, improving spot energy prices and ongoing efficiency savings led to material year-on-year profit growth – against an admittedly pandemic-affected prior-year period – and another upgrade to full-year 2023 expectations, just six weeks after the last trading announcement and upgrade,’ he said.

He also pointed out that within the results the board said each of its divisions can recover pre-Covid margins in the medium term.

Battersby said this suggests ‘significant upside to future forecasts as this recovery plays out’.

The acquisition of Celtic Linen for €31.5m (£27m) and the £10m extension of the group’s buyback programme also showed ‘the range of options available to the company in terms of capital deployment, driving further upside to group earnings’.

‘Overall, Johnson Service Group is in the middle of an upgrade cycle that we expect to continue for some time, more than justifying the current valuation of 13.8 times 2024 price/earnings,̵7; he said.


citywire.com
Posted at 05/9/2023 08:48 by my retirement fund
This smells of the past repeating itself. No return to shareholders, laughable dividend, working capital chucked at share buy backs and serial aquasituons, now increasing banking facilities to do even bigger deals. I remember full well when they bought Sketchlys which resulted in existing shareholders being completely wiped out by emergency dilutive fundraising.
Posted at 01/9/2023 14:00 by wad collector
Yes it looks like a synergistic acquisition and ignoring any cost savings , the price seems competitive. Of course it is hard to now if there are hidden problems, why are they selling? Wonder why they didn't await results day to announce?
SP likes ir ' moving towards an 18 month high.
Posted at 07/8/2023 11:03 by philanderer
Johnson Service’s first half recovery impresses Berenberg


Volume and margin recovery is playing out at textile rental company Johnson Service Group (JSG), says Berenberg.

Analyst Calum Battersby reiterated his ‘buy’ recommendation and target price of 155p on the stock, which dipped 2.6% to 111.6p last week.

First-half results from the group showed ‘perfect evidence of our investment thesis’, said Battersby, as it upgraded full-year expectations given both volumes and margins coming in ahead of prior assumptions.

‘Our view remains that consensus forecasts for Johnson Service are highly conservative, that volumes from the pandemic-affected prior periods will rise materially year on year, and that the company will continue to see operating margins steadily recover towards the 15% achieved pre-pandemic,’ he said.

Inflated energy costs may be providing a headwind but falling gas and electricity prices ‘imply a significant profit tailwind’ in the second half of this year and next year.

‘We believe that ongoing efficiency savings and price increases will drive a further margin recovery thereafter,’ said Battersby.


citywire.com
Posted at 02/8/2023 15:57 by shepc
Thought it worth a top up at this price, no reason to suspect things have gone down since last update that I can think of
Posted at 14/7/2023 13:34 by km18
Johnson Service Group issued a pre-close trading update this morning. Group revenue in the six months to 30 June 2023 is expected to be £215.0 million and up 20.6% on an organic basis on 2022 levels. Performance was strong in both Workwear business atf £71.0 million (2022: £66.0 million) and in HORECA £144.0 million (2022: £110.2 million). Whilst inflationary pressures continue and energy markets remain volatile, management now have more certainty on the cost outlook in the short term and therefore are confident in reporting full year adjusted operating profit slightly ahead of current market expectations. Valuation is average, the balance sheet is strong, profitability ratios are decent. Share price has bounced this morning, but lacks more medium term momentum for now. JSG is a share to monitor for the time being...

...from WealthOracle
Johnson Service share price data is direct from the London Stock Exchange