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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Future Plc | LSE:FUTR | London | Ordinary Share | GB00BYZN9041 | ORD 15P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| -4.50 | -0.52% | 859.50 | 2,529 | 08:23:04 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 858.50 | 862.00 | 873.00 | 859.50 | 873.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Miscellaneous Publishing | 788.9M | 113.4M | 1.0117 | 8.50 | 968.44M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 08:23:53 | O | 373 | 859.363 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 19/11/2024 | 17:05 | UK RNS | Future PLC Holding(s) in Company |
| 05/11/2024 | 10:53 | UK RNS | Future PLC Holding(s) in Company |
| 04/11/2024 | 08:52 | UK RNS | Future PLC Total Voting Rights |
| 29/10/2024 | 10:12 | UK RNS | Future PLC Holding(s) in Company |
| 22/10/2024 | 06:00 | UK RNS | Future PLC Transaction in Own Shares |
| 21/10/2024 | 06:00 | UK RNS | Future PLC Transaction in Own Shares |
| 18/10/2024 | 07:44 | ALNC |  Future CEO Jon Steinberg to step down after less than two years |
| 18/10/2024 | 06:00 | UK RNS | Future PLC Directorate Change |
| 18/10/2024 | 06:00 | UK RNS | Future PLC Transaction in Own Shares |
| 18/10/2024 | 06:00 | UK RNS | Future PLC Holding(s) in Company |
Future (FUTR) Share Charts1 Year Future Chart |
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1 Month Future Chart |
Intraday Future Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 05/11/2024 | 16:08 | a lot higher in the FUTURE? | 3,125 |
| 03/6/2024 | 07:33 | FUTR | 10 |
| 26/7/2019 | 11:02 | Views on long-term strategies for the times we're in | 2 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 08:23:53 | 859.36 | 373 | 3,205.42 | O |
| 08:22:51 | 859.50 | 100 | 859.50 | AT |
| 08:22:51 | 860.00 | 60 | 516.00 | AT |
| 08:22:51 | 860.00 | 60 | 516.00 | O |
| 08:22:03 | 862.50 | 1 | 8.63 | O |
| Top Posts |
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Posted at 21/11/2024 08:20 by Future Daily Update Future Plc is listed in the Miscellaneous Publishing sector of the London Stock Exchange with ticker FUTR. The last closing price for Future was 864p.Future currently has 112,088,026 shares in issue. The market capitalisation of Future is £963,957,024. Future has a price to earnings ratio (PE ratio) of 8.50. This morning FUTR shares opened at 873p |
Posted at 05/11/2024 07:36 by galatea99 Boardroom fight."The veteran entrepreneur Sir Peter Wood, one of the largest shareholders in Future, is seeking to oust the chairman of the £1 billion publisher behind Marie Claire after the abrupt resignation of its chief executive. Shares in Future tumbled by almost a fifth last month when the FTSE 250 company unsettled investors by announcing that Jon Steinberg, 47, was stepping down as chief executive to return to the US only 18 months after taking on the role. Wood, the founder of Direct Line, who holds a 6.10 per cent stake in Future, according to FactSet data, has told Richard Huntingford, the chairman, that he should stand down to avoid making “another mistake” when appointing a chief executive. Wood, 77, has also contacted other large Future shareholders in an attempt to build support and to enable a new chairman to oversee the search for a new chief executive. “They’re all a bit disappointed but one large shareholder is totally supportive of my suggestion,” said Wood, who is prepared to become interim chairman. Future’s magazines and websites include Country Life, Homes & Gardens, The Week and Metal Hammer. Wood said he had “run out of patience” with Huntingford, 68, after his concerns about the risks of appointing a relocating chief executive went unheeded. He said he was also frustrated with last month’s stock market communication announcing Steinberg’s resignation, which was “completely mishandled” and “didn’t explain anything” as well as causing a share price collapse. Future stated last month that Steinberg had informed the board of his decision to step down later next year to relocate back to the US with his family. He received a relocation fee of up to £260,000 to help with the cost of moving from New York to London with his wife and two children when he was appointed in April last year. He has a 12-month notice period and the board has begun a search for a replacement. Wood believes that Kevin Li Ying, executive vice-president of Future’s new B2C (business to consumer) unit, would make a “fine choice provided he was supported by an excellent chairman”. Li Ying, Future’s former chief technology and product officer, is also a consultant to SPWOne, Wood’s investment vehicle. Steinberg had been brought in by Future to replace Zillah Byng-Thorne, who spent almost a decade at the company and oversaw its £594 million takeover of the price comparison website GoCompare. Wood was the founder investor of GoCompare and remained chairman and the largest shareholder through to its sale in 2021. Byng-Thorne, 49, is now the chief executive of Dignity, one of Britain’s two big funeral companies, which was taken private last year for about £789 million by a consortium including SPWOne. Analysts at Peel Hunt have said Steinberg’s exit would “cast a shadow over the investment case until a successor is found”. Shares in Future closed down by 19.2 per cent when his planned departure was announced but have since recovered some of those losses, closing up by 21p, or 2.4 per cent, at 903p on Monday. Steinberg is credited with overseeing a “growth acceleration strategy”, under which Future added new ways of monetising content and closed less popular titles, including Total 911 and 3D World. A spokesman for Future said: “The board has expressed its disappointment that Jon will be departing as CEO next year, but respects his personal decision to return to the US with his family. As it did when it appointed Jon, the nomination committee will conduct a thorough search process to identify another high-calibre successor. November 05 2024, 12.01am |
Posted at 18/10/2024 20:18 by galatea99 From The Times:"Shares in Future slump as Jon Steinberg announces plan to quit The media group’s chief executive has announced his plan to leave after only 18 months in the role The American boss of Future, the listed British publishing house, has announced that he is quitting to return to the United States just 18 months after taking the top job. Jon Steinberg, 47, received a relocation fee of up to £260,000 to help with the cost of moving from New York to London with his wife and two children when he was appointed in April 2023. He has now informed the board that he and his family want to move back to the United States next year. It is understood that the family hopes to move to Florida. Steinberg has a 12-month notice period, so could potentially stay until next autumn, although Future has already begun the search for his replacement. The surprise news of Steinberg’s departure sent shares in the company, whose magazines and websites range from Country Life and Marie Claire to The Week and Metal Hammer, down by almost a fifth. Jessica Pok, a media industry analyst at Peel Hunt, the investment bank, said his exit would “cast a shadow over the investment case until a successor is found”. A graduate of Princeton University, Steinberg worked for Google and Buzzfeed before becoming chief executive of the Daily Mail’s north American business. He founded Cheddar, a millennial-focused financial news network, in 2016, selling the business to Patrick Drahi’s Altice USA for $200 million three years later. Steinberg was brought in by Future to replace Zillah Bing-Thorne, who spent almost a decade at the company and oversaw its audacious £594 million takeover of GoCompare, the price comparison website. He was seen as pivotal in driving a “growth acceleration strategy” (GAS), under which Future added new ways of monetising content and closed less popular titles, including Total 911 and 3D World. The strategy won praise from industry analysts and the group’s most recent trading update showed that it returned to organic revenue growth in the summer. Steinberg is widely seen as having done a decent job in his short time at Future, having guided the group through the post-lockdown normalisation in audience numbers and a slowdown in advertising spending amid an increasingly uncertain geopolitical and economic outlook. Given the wider industry headwinds, however, the share price has not reflected that progress. On his first day, the stock was trading at £11.18. The shares closed at 794½p — down 189½p, or 19.2 per cent — following news of his exit. Richard Huntingford, Future’s chairman, said: “I would like to thank Jon for the significant contribution he has made to the group. Whilst we are disappointed that he will be departing next year, we respect Jon’s decision to return to the US.” Steinberg said: “Future is a wonderful business driven forward by incredibly talented people who I love working with, and it was a tough personal decision to step down from the board next year.” Pok said: “The news comes as a surprise. The company has finally made a turn for the better, moving into organic growth, with audience trends stabilising and an experienced new chief financial officer, Sharjeel Suleman, now on board. While Steinberg is to remain during his notice period to oversee the final stage of GAS, his departure is undoubtedly disappointing.&rdquo |
Posted at 18/10/2024 16:38 by smokeyjohnson From one article regarding Steinberg's departure:"Under Steinberg Future has used surplus cash to buy back its own shares, rather than make acquisitions, a strategy which has not improved the company’s share price." |
Posted at 18/10/2024 10:56 by iandippie Exactly . They share price has done nothing in the time he has been there. Surely him leaving is a good thing?! |
Posted at 18/10/2024 08:48 by smokeyjohnson Looking back at Feb 2023, the announcement of Jon Steinberg as CEO didn't exactly do wonders for the share price back then. |
Posted at 06/10/2024 17:24 by sajad37 Country Life publisher Future considered breaking itself up amid 'strategic review'Updated 23:23, 05 Oct 2024 By Mark Shapland OC&C conducted a review that lasted for more than three months London-listed publisher Future held a ‘strategic review’ in late 2023 that resulted in management mulling a break-up of the company. Global consultancy firm OC&C conducted a review that lasted for more than three months and finished in January 2024, a well-placed senior source told The Mail on Sunday. FTSE 250-listed Future publishes titles such as Country Life, Homes and Gardens, Decanter, FourFourTwo and Marie Claire. Royal connections: Queen Camilla has featured in Country Life magazine It also owns insurance comparison website GoCompare. At the time, chief executive Jon Steinberg had been in the job for a little over six months and was looking for a new strategy for the company amid a sharp drop off in its share price. Future had thrived under the previous boss, Zillah Byng-Thorne, but had begun to stagnate. Following the review, OC&C advised that Future be broken up and that Steinberg focus solely on growing the consumer magazine subscription business. It was suggested that its business-to-business titles, including SmartBrief and GoCompare, be put up for sale as they were labelled ‘non-core̵ Some titles such as The Week were also flagged for a potential sale. Future held a ¿strategic review¿ in late 2023 that resulted in management mulling a break-up of the company The source said: ‘The review was taken seriously and there was exploration by the board about selling some businesses that were not aligned. Ultimately, it was decided to keep the company together and solve the issues internally.’ Under Byng-Thorne, the business grew rapidly from 2014 to 2023, acquiring titles and building a solid subscription model. ‘Zillah was excellent at keeping all the plates spinning,’ the source added. The share price over her period in charge gained an astonishing 3,500 per cent and she was hailed for her ability to drag legacy media brands into the internet age. The business benefited from the pandemic as readers flocked to its niche websites, helping it to outperform larger media peers. Future's share price has languished since 2023 and on Friday it closed down 0.1 per cent at £9.92, giving the company a market capitalisation of £1.1billion. The former board member continued: ‘There were plenty of shareholders who enjoyed the ride up and made a lot of money, but there will also be those who are still invested and are waiting for Future to turn itself around.’ |
Posted at 09/8/2024 13:11 by hatfullofsky Cannacord downgrade but up price to 733p from 660pCanaccord Genuity downgraded Future on Friday to 'sell' from 'hold' following a strong share price increase of around 100% from the lows.Canaccord Genuity downgrades Future, says risk/reward 'mismatched' https://www.voxmarke |
Posted at 03/6/2024 12:01 by eagle eye Not sure why the exit here.Debt being repaid at a rapid rate of knots. Share price consolidating after the sharp rise, but prospective PER still less than 10. Many investors think they have missed the boat, but recent bounce has only retraced an oversold position. Famous last words, but hold for next leg up IMHO. WEALTH WARNING: Many investors don't have the mental disposition to handle share price volatility, so beware if you can't handle the risk. |
Posted at 30/5/2024 16:19 by sajad37 FuturesStrengths The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes. The company's share price in relation to its net book value makes it look relatively cheap. Given the positive cash flows generated by its business, the company's valuation level is an asset. Analysts covering this company mostly recommend stock overweighting or purchase. The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock. The group usually releases upbeat results with huge surprise rates. Weaknesses As estimated by analysts, this group is among those businesses with the lowest growth prospects. The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates. The firm pays small or no dividend to shareholders. For that reason, it is not a yield company. For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago. Over the past twelve months, analysts' opinions have been revised negatively. The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business. |
Posted at 12/5/2024 10:27 by takeiteasy hxxps://www.msn.com/To me, the business has seemed to be undervalued for some time. A discounted cash flow calculation suggests the share price may be as much as 71% undervalued. Clearly, this has increased as the share price collapsed, but for long-term investors, this could be even more exciting an opportunity. The media landscape has been uncertain for some time as consumer trends and demands have evolved. But, by looking at the competition, I still think there is a lot of value here. At a price-to-earnings (P/E) ratio of only 7.8 times, the sector average of 12.4 times makes this look like an appealing investment. Another dead cat bounce/false dawn or the first real recovery in 5 years, who is right...clearly next to no retail advfn interest any more from the lack of posters here dyor/nai |
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