Electrocomponents Share Discussion Threads

[philanderer] 24/11/2021 14:10

xd tomorrow morning for the 6.4p dividend



BARCLAYS RAISES ELECTROCOMPONENTS TARGET TO 1,110 (995) PENCE - 'EQUAL WEIGHT'

[philanderer] 23/11/2021 13:56

'Johnson Matthey heads for FTSE 100 exit'

....AJ Bell sees Johnson Matthey and recently-promoted cyber security firm Darktrace as the most likely to drop out of the top flight, with Electrocomponents and veterinary business Dechra Pharmaceuticals waiting in the wings to replace them.

[philanderer] 12/11/2021 11:42

Must have a good chance of entry into FTSE100 in december.

[philanderer] 11/11/2021 11:15

Electrocomponents Plans U.S. Innovation Hub & Customer Demonstration Center in Bryan-College Station, Texas

[philanderer] 09/11/2021 11:06

JEFFERIES RAISES ELECTROCOMPONENTS PRICE TARGET TO 1,500 (1,250) PENCE - 'BUY'

[philanderer] 08/11/2021 11:13

Peel Hunt: Electrocomponents taking market share

Electrocomponents (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.

‘Electrocomponents has posted another solid update, and we see organic momentum in the business complementing the self-help measures implemented in recent years,’ he said.

‘[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 ‘differentiation versus the peer group’.

[philanderer] 05/11/2021 10:41

RBC RAISES ELECTROCOMPONENTS PRICE TARGET TO 1,450 (1,350) PENCE - 'OUTPERFORM'

JPMORGAN RAISES ELECTROCOMPONENTS TARGET TO 1,477 (1,383) PENCE - 'OVERWEIGHT'

[philanderer] 04/11/2021 11:01

And very good they are too.

Could well become a FTSE100 company next year.

[philanderer] 03/11/2021 15:36

Half Year results tomorrow.

[philanderer] 28/10/2021 11:23

RS Components industrial electronics solutions help Australian and New Zealand industries get ahead with IIOT

[philanderer] 19/10/2021 10:30

JPMORGAN CUTS ELECTROCOMPONENTS PRICE TARGET TO 1,383 (1,416) PENCE - 'OW'

[philanderer] 12/10/2021 11:08

BARCLAYS RAISES ELECTROCOMPONENTS TARGET TO 995 (935) PENCE - 'EQUAL WEIGHT'

[philanderer] 11/10/2021 09:47

LIBERUM RAISES ELECTROCOMPONENTS PRICE TARGET TO 1,310 (1,270) PENCE - 'BUY'

[philanderer] 08/10/2021 13:58

Peel Hunt said it was a strong trading update, with trading remaining very strong across all regions.

“Management is guiding to trading slightly ahead of the guidance given at 1Q, but when we feed through the revenue growth and margin beat that translates to an adjusted PBT [profit before tax] upgrade 5% for FY22E to £268mln,” Peel Hunt said.

“Optically this still means a weighting to 1H, as we are mindful of external challenges, ongoing global supply chain issues, and higher cost pressures, but the momentum in the business is impressive and we note that exit rates into 2H are strong. Crucially management is still guiding confidently to its 2025E ambition of mid-teens operating margin,” the broker added, as it raised its target price to 1,390p from 1,325p.

proactiveinvestors.co.uk

[philanderer] 08/10/2021 10:50

And it's a good one :-)

[philanderer] 07/10/2021 11:58

Trading update tomorrow.

[philanderer] 30/9/2021 11:22

JEFFERIES RAISES ELECTROCOMPONENTS PRICE TARGET TO 1,250 (1,230) PENCE - 'BUY'

[philanderer] 28/9/2021 11:31

(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.

[philanderer] 28/9/2021 11:07

Not now it isn't....

"Electrocomponents was boosted by an upgrade to ‘outperform217; at RBC Capital Markets"

[philanderer] 07/9/2021 10:40

Electrocomponents has sustainable appeal


Threadneedle 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.

[philanderer] 15/8/2021 19:10

August 13, 2021
RS 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.

[philanderer] 20/7/2021 10:19

RS Components (RS), a trading brand of Electrocomponents plc, a global omni-channel product and service solutions provider for industrial customers and suppliers, has significantly broadened its PPE offering with the addition of product ranges from Needlers, the food manufacturing PPE specialist acquired by Electrocomponents in December 2020.

The launch will see new brands added to the RS website which include Needlers own brands Pro-Fit and Reldeen, as well as Pollyboot, Tilsatec and Metsa. In addition, the product launch will expand the offering from existing brands already available through RS, such as PAL International and Cromwell Polythene. This puts RS among the UK’s top PPE suppliers, offering solutions across a variety of sectors within safety and PPE.


[...]

[philanderer] 16/7/2021 10:52

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.

[philanderer] 14/7/2021 14:05

JPMORGAN RAISES ELECTROCOMPONENTS TARGET TO 1,416 (1,388) PENCE - 'OVERWEIGHT'

[philanderer] 12/7/2021 10:51

BARCLAYS RAISES ELECTROCOMPONENTS TARGET TO 935 (900) PENCE - 'EQUAL WEIGHT'