Smith (ds) Share Discussion Threads

[mike740] 16/9/2015 13:46

SMDS DS Smith PLC

SP moving towards top of the uptrend channel where hopefully we will have a breakout and a new upleg.



Smith (DS) share price information

Name Smith (DS) Epic SMDS
Sector General Industrials ISIN GB0008220112

Activites DS Smith Plc is an international Group focused on two major activities - Packaging and Office Products. It holds strong positions in many of the markets in which it operates: A leading manufacturer of corrugated packaging in the UK and France; The leading UK producer of recycled paper board; The largest UK collector and merchant of recovered paper; A leading worldwide supplier of bag-in-box packaging; The leading European wholesaler of office supplies. Index FTSE 250

Latest share price (p) 408.15 Net gearing (%) 66.28
Market cap (£m) 3,756.84 Gross gearing (%) 69.16
Shares in issue (m) 942.04 Debt ratio 52.54
P/E ratio 24.02 Debt to equity ratio 0.49
Divs per share (p) 11.40 Assets / equity ratio 3.24
Dividend yield (%) 2.86 Price to book value 3.69
Dividend cover 1.98 ROCE 0.08
Earning per share (p) 16.60 EPS growth (%) 10.67
52-week high / low (p) 423.70 / 231.90 DPS growth (%) 14.00

Smith (DS) broker views,

Date Broker Recommendation Price Old target price New target price Notes
16 Sep Goldman Sachs Neutral 408.15 380.00 430.00 Resumes
09 Sep Jefferies International Buy 408.15 435.00 435.00 Reiterates
08 Sep Investec Buy 408.15 450.00 450.00 Resumes
08 Sep JP Morgan Cazenove Overweight 408.15 420.00 440.00 Retains
21 Aug Berenberg Hold 408.15 350.00 375.00 Reiterates

[mike740] 09/9/2015 08:39

DS Smith plc Price Target Increased to GBX 440 by Analysts at JPMorgan Chase & Co. (SMDS)
September 8th, 2015

Research analysts at JPMorgan Chase & Co. lifted their target price on shares of DS Smith plc (LON:SMDS) from GBX 420 ($6.38) to GBX 440 ($6.68) in a report released on Tuesday, MarketBeat reports. The firm currently has an “overweight221; rating on the stock. JPMorgan Chase & Co.’s price target indicates a potential upside of 11.87% from the company’s current price.

DS Smith plc (LON:SMDS) opened at 397.500 on Tuesday. The stock’s 50 day moving average is GBX 398.28 and its 200 day moving average is GBX 376.22. The company’s market cap is GBX 3.74 billion. DS Smith plc has a 12 month low of GBX 231.82 and a 12 month high of GBX 423.70.

The company also recently disclosed a dividend, which will be paid on Monday, November 2nd. Stockholders of record on Thursday, October 1st will be issued a dividend of GBX 7.70 ($0.12) per share. This represents a dividend yield of 1.97%. The ex-dividend date is Thursday, October 1st.



A number of other equities analysts have also commented on SMDS. Stifel Nicolaus reaffirmed a “buy” rating and set a GBX 423 ($6.42) price objective on shares of DS Smith plc in a report on Monday, June 15th. Jefferies Group reiterated a “buy” rating and issued a GBX 410 ($6.23) price objective on shares of DS Smith plc in a research note on Wednesday, June 10th. Investec raised their target price on DS Smith plc from GBX 410 ($6.23) to GBX 430 ($6.53) and gave the company a “buy” rating in a report on Thursday, June 25th. Finally, Canaccord Genuity reissued a “buy” rating and issued a GBX 370 ($5.62) price objective on shares of DS Smith plc in a research report on Thursday, June 25th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company’s stock. DS Smith plc presently has an average rating of “Hold” and a consensus price target of GBX 390.10 ($5.92).

In other news, insider Roberts,Miles sold 675,698 shares of DS Smith plc stock in a transaction on Friday, July 17th. The shares were sold at an average price of GBX 407 ($6.18), for a total transaction of £2,750,090.86 ($4,176,295.91).

DS Smith Plc is a holding company engaged in the supply of recycled packaging for consumer goods. The Organization supplies corrugated packaging solutions throughout Europe together with plastic packaging solutions worldwide. To be able to support corrugated packaging businesses. The Firm has a recycling business that accumulates corrugated cardboard and used paper, from which the Firm’s paper production facilities make the recycled paper utilized in corrugated packaging. DS Smith design and make particular types of plastic packaging. The Plastics business consists of two components, flexible packaging and dispensing (LON:SMDS) and returnable transit packaging (RTP). The D & FP company in the US has had a very good year, providing profit increase that is good as the company has found continuing success of its Trutap merchandise and of tea urn liners. In the European FP&D company, it is a year of investment, in its European operations having a substantial reorganization.

[philanderer] 09/9/2015 08:39

Thanks zapa.

Jefferies 'buy' tp 435p

reiterated

[zapa] 08/9/2015 15:22

DS Smith begins construction of a new site in Erlensee, Germany
Market: Packaging Paper & Board
7 September, 13:19
Sep 07, 2015. /Lesprom Network/. DS Smith group begins construction of art Display & Consumer Packaging plant in Erlensee, Germany, as the company says in the press release received by Lesprom Network.

About 45.000 sqm of the 88.000 sqm area will be developed, with production and logistic facilities and also offices, conference rooms and social rooms for the employees. DS Smith is investing in total circa Euro 50 million in the new plant and the latest machine technology.

The production and 250 employees from the existing plant in Hanau, located about 10 km away, will move to the new site, where the largest part of the display activities will be gathered. The number of employees will increase substantially as DS Smith fulfills its ambition of doubling its size.

The opening of the new Display & Consumer Packaging site is planned for autumn 2016.
- See more at: hxxp://www.lesprom.com/en/news/DS_Smith_begins_construction_of_a_new_site_in_Erlensee_Germany_69713/#sthash.fNsuFerd.dpuf

[philanderer] 08/9/2015 12:21

Investec 'buy' tp 450p

reiterates

[philanderer] 08/9/2015 09:14

08 Sep 15

Smith (DS) PLC

JP Morgan Cazenove

Overweight , target raised from 420.00 to 440.00

[cockneyrebel] 08/9/2015 07:17

All seems to be going rather well here and should be benefiting greatly from lower oil and energy prices imo.

CR

[cockneyrebel] 27/8/2015 08:54

If MACF are doing as well as they say today then there could be good read across to SMDS imo.

CR

[philanderer] 05/8/2015 08:49

Jefferies 'buy' tp 435p

reiterates

[arja] 02/8/2015 02:35

chartwise it does look good and NOR situation over 410 .

[mike740] 31/7/2015 15:01

SMDS Broker Buys and fundies..... forward P/E of just over 15 for 2016 looks far too cheap historicaly to me.


Smith (DS) PLC

FORECASTS


2016 2017
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Davy Stockbrokers
30-07-15 None 26.00 12.00 26.00 13.00
Canaccord Genuity Ltd
25-06-15 BUY 309.00 25.00 12.10 333.00 26.90 13.30
Investec Securities [R]
15-06-15 BUY 315.50 25.63 12.00 346.30 28.07 12.50
Westhouse Securities
18-12-14 BUY

2016 2017
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
Consensus 338.02 27.34 12.91
1 Month Change -0.27 0.05 0.00
3 Month Change -5.05 -0.47 -0.06

GROWTH
2015 (A) 2016 (E) 2017 (E)
Norm. EPS 13.64% 27.49% 5.67%
DPS 25.00% 20.36% 7.24%

INVESTMENT RATIOS
2015 (A) 2016 (E) 2017 (E)

EBITDA £442.00m £491.98m £511.18m
EBIT £279.00m £308.53m £322.95m
Dividend Yield 2.54% 3.06% 3.28%
Dividend Cover 2.03x 2.15x 2.12x
PER 19.37x 15.19x 14.38x
PEG 1.42f 0.55f 2.54f
Net Asset Value PS 17.11p 119.02p 126.55p

[mike740] 31/7/2015 13:20

SMDS Smith (DS) PLC

In a lovely uptrend channel with momentum behind it. RSI in a neutral position with plenty upside left. Technical target share price 460p initially. share price riding above short term moving averages.

[manonph] 29/7/2015 21:26

On the way to 450p then

[philanderer] 20/7/2015 13:16

20 Jul 15

Investec resumes coverage with 'buy' and 450p target

[kirkie001] 13/7/2015 15:18

...and now in the rear-view mirror! ;)

[philanderer] 01/7/2015 12:44

400p within touching distance ;-)

[philanderer] 26/6/2015 08:18

Jefferies reiterates 'buy' , raises tp from 410p to 435p

[philanderer] 25/6/2015 20:18

DTelegraph:

DS Smith

390.5p+14.5p

Questor says BUY





DS Smith joined Petrofrac, jumping 14.5p, or 3.8pc, to 390.5p, as it agreed to buy Spanish company Grupo Lantero’s corrugated products business for €190m. Analysts at JPMorgan Cazenove said the acquisition will strengthen the group’s position in Spain and take its market share to around 10pc. DS Smith also reported a fall in full-year revenue of 5pc to £3.82bn, which they attributed to the impact of a weaker euro.

[zapa] 25/6/2015 10:13

it's also between Greekislander and Kirkieoo1.

[kirkie001] 25/6/2015 10:04

Both of today's RNSs (results, and acquisition) are in the header, in the News section, above.

[greek islander] 25/6/2015 09:30

Can someone please publish here
the most recent RNS as I seem unable to get it.

[philanderer] 25/6/2015 09:08

That was well received :-)

[deanforester] 17/6/2015 17:49

SMDS seems to be holding up pretty well. They are now my heaviest share.