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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Electrocomponents Plc | ECM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1,047.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1,047.00 | 1,047.00 |
| Top Posts |
|---|
Posted at 17/3/2022 14:31 by philanderer Threadneedle’s Colwell shrugs off Electrocomponents fallElectrocomponents (ECM) has been a detractor for the Threadneedle UK Equity Alpha Income fund but manager Richard Colwell says the electrical parts supplier is in good shape. Electrocomponents is the second-largest holding in Colwell’s open-ended fund, making up 7.6% of the £321m portfolio, but it detracted from the fund’s performance at the beginning of the year ‘following a period of good returns in 2021’. ‘The shares slid in January even though the company reported that trading had been encouraging in the third quarter of its financial year, with strong revenue growth in its major operating regions,’ he said in his monthly update. ‘Management expressed some concerns that Covid-19-driven labour shortages could impact trading in the fourth quarter, but still guided for annual profits to beat forecasts.’ Shares in Electrocomponents rose 2.5% to £10.15 yesterday. citywire.com |
Posted at 09/3/2022 13:56 by km18 Electrocomponents plc issued a trading update for the nine weeks to 4 March 2022 and financial year to date. Since the turn of the year “momentum has built leading to a strong performance over the last nine weeks. Consequently, our revenue and adjusted operating profit margin are tracking ahead of expectations.” Like-for-like revenue growth is up 22% in the 9 weeks to 4th March 2022 and up 25% on the same basis ytd. Full-year profit performance is anticipated to be ahead of consensus estimates, currently for FY22 adjusted profit before tax of £285.0 million. Valuation is mid-range for the sector with forward PE ratio around 16.9. The share price was in a correction from record highs before today’s results-driven spike and with markets in turmoil there is no rush to buy. But the business has growth and is also high quality with healthy balance sheet and top quartile profitability ratios. One to monitor for the time being, any further cheapening of the share price would make it increasingly attractive.......from WealthOracleAM |
Posted at 18/1/2022 13:05 by philanderer Momentum to continue at ElectrocomponentsElectrocomponents (ECM) has delivered another strong quarter and Peel Hunt remains confident the electrical parts provider can maintain momentum. Analyst Henry Carver reiterated his ‘add’ recommendation and target price of £14.20 on the stock, which closed up 1.8%, or 20p, at £11.28 on Monday. He said the latest quarterly update, showing the group is trading slightly ahead of expectations, was ‘further evidence of strong momentum and market share gains’. This prompted Carver to make a 5% upgrade to the full year 2022 profit before tax estimate to £287.5m, but he left 2023 forecasts unchanged as comparatives become tougher. Carver said: ‘We remain confident that this will continue. Recent investment in the business operations in North America and Germany and a steady focus on the customer offer is clearly delivering results, and we are fully onboard with management’s commitment to achieving its margin targets in the medium term.’ citywire.com |
Posted at 12/1/2022 15:11 by philanderer Electrocomponents is a ‘highly attractive’ storyThe story at Electrocomponents (ECM) remains ‘highly attractive’ as momentum remains strong at the electrical parts distributor, says Liberum. Analyst Sanjay Vidyarthi retained his ‘buy’ and increased the target price from £14 to £14.40 on the stock, which ticked up 1.3%, or 15p, to £11.90 on Tuesday. ‘Momentum remains strong at Electrocomponents with better-than-expected third quarter sales driven by high availability levels and market share gains,’ he said. ‘Importantly, progress on the gross margin and earnings margin has been maintained despite cost pressures.’ Vidyarthi raised 2022 profit-before-tax forecasts by 3% and said there was ‘further scope for upgrades through the year’. ‘The longer-term sales and margin expansion story remains highly attractive,’ he added. |
Posted at 24/11/2021 14:10 by philanderer xd tomorrow morning for the 6.4p dividendBARCLAYS RAISES ELECTROCOMPONENTS TARGET TO 1,110 (995) PENCE - 'EQUAL WEIGHT' |
Posted at 08/11/2021 11:13 by philanderer Peel Hunt: Electrocomponents taking market shareElectrocomponents (ECM) is taking a bigger piece of the pie in its markets and broker Peel Hunt says there is ‘good momentum’ in the electrical component supplier. Analyst Henry Carver reiterated his ‘add’ recommendation and increased the target price from £13.90 to £14.20 on the stock, which closed down 0.2% at £12.05 on Friday after its interims came in ‘slightly ahead’ of expectations earlier in the week. ‘Electrocompon ‘[It] is continuing to see strong market share gains and good growth in customer numbers, and the combination of strong top line performance and self-help is translating into good market progression.’ Carver said ‘despite the tough external operating environment’ he had upgraded his earnings estimates and the target price on the stock, adding that it had shown ‘differentiati |
Posted at 28/9/2021 11:31 by philanderer (Sharecast News)- RBC Capital Markets upgraded Electrocomponents on Tuesday to 'outperform' from 'sector perform' and hiked the price target to 1,350p from 1,070p as it said the company will be a long-term winner. "We have been fans of ECM for a while and believe the pandemic has further strengthened its competitive advantage given its digital and web capability, stock availability and omni-channel superior service proposition," RBC said. "We see strong potential for further market share gains, believe mid-teen margins are achievable from a number of levers (and now factor this in by 2026) and see further M&A as an incremental value driver." RBC said its medium-term forecast increases drive the uplift in the target price. |
Posted at 07/9/2021 10:40 by philanderer Electrocomponents has sustainable appealThreadneedle UK Sustainable Equity manager Sonal Sagar has taken a position in Electrocomponents (ECM), pointing out its ‘strong cash conversion’ and cost-cutting measures. The manager of the £133m fund said the provider of electronic components was ‘well placed to benefit from the global cyclical recovery now underway’. ‘The firm enjoys strong cash conversion and consistent market share gains, while the highly competent management team is focused on cost-cutting,’ she said. ‘The holding contributes to several of our sustainable themes, including energy and climate transition.’ Sagar said many of the 500,000-plus products provided by the firm ‘help customers improve operational efficiency using automation and aggregator tools, while improving oversight and health and safety’. Shares in Electrocomponents closed up 1.7%, or 18p, at £11 on Monday, more than 50% higher than their pre-pandemic level. |
Posted at 15/8/2021 19:10 by philanderer August 13, 2021RS Components and Zerynth’s IIoT workshop gives engineers a boost to Industry 4.0 Data acquisition and edge computing for new and retrofit equipment LONDON, UK, 13 August 2021 – RS Components (RS), a trading brand of Electrocomponents plc (LSE: ECM), a global omni-channel provider of product and service solutions, is offering exclusive access to a hands-on workshop entitled ‘Edge Computing and Data Collection for Industrial IoT’. The workshop is delivered by leading IIoT platform vendor Zerynth via RS’ DesignSpark community webpage. |
Posted at 16/7/2021 10:52 by philanderer LONDON, UK, 15 July 2021 – RS Components (RS), a trading brand of Electrocomponents plc (LSE: ECM), a global omni-channel provider of product and service solutions, today announced availability of a new range of evaluation and development kits for Infineon’s AURIX™ family of microcontrollers, which are based on the manufacturer’s 32-bit TriCore™ microprocessor core.Infineon’s AURIX™ TriCore™ concept combines the elements of a RISC processor core, a microcontroller and a DSP in a single microcontroller chip that combines embedded safety and security features, making it a leading choice for electronics designers developing systems for a wide range of automotive and industrial applications. |
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