Marshalls Share Discussion Threads

[essentialinvestor] 08/1/2025 18:21

EssentialInvestor4 Nov '24 - 16:29 - 1538 of 1541

Is that a potential double top on the share price chart..


Yes.

[creditcrunchies] 08/1/2025 18:18

Anything with links to house building and construction is in free fall now

[waldron] 22/11/2024 12:17

Marshalls PLC Capital Markets Event
19/11/2024 7:00am
RNS Regulatory News

RNS Number : 6941M

Marshalls, a leading manufacturer of sustainable solutions for the built environment, is today hosting a Capital Markets Event.

The management team, led by Matt Pullen, Chief Executive, Justin Lockwood, Chief Financial Officer, and Simon Bourne, Chief Commercial Officer, will set out a new strategic focus along with medium-term financial targets centred on market outperformance.

Transform and Grow

With customers firmly at the centre of its refreshed strategy, Transform and Grow will position the Group's portfolio of businesses towards customers who value its unique set of capabilities: leading brands; best-in-class technical and design support; and reputation for carbon leadership.

The Group's strategy is, in turn, guided by a new purpose and vision for the business.

Building Tomorrow's World reflects the major drivers which will shape the built environment over the years ahead and which Marshalls is strongly positioned to leverage:

Long-term growth drivers associated with climate change


Green urbanisation

Low Carbon solutions

Water management and drainage

Nearer term structural and regulatory headwinds

Investment in UK housing stock

Regulation driving energy transition



Alongside the new Group strategy, each of the Group's business units: the brand powerhouses of Marshalls Landscaping and Marley Roofing; and growth engines of Viridian Solar, Marshalls Water Management and Marshalls Bricks & Masonry, will outline dedicated strategies to deliver market outperformance and sustainable profitable growth.



Medium-term financial targets

The new strategic focus is expected to deliver over the medium term a high-performing business capable of outperforming the wider construction market by between two and four per cent and delivering an operating margin of 15 per cent.



The Group will maintain a disciplined capital allocation policy focused on optimising long-term shareholder value. The strategy is capital-lite with annual capital expenditure of between £20 million and £30 million and a targeted return on capital employed of 15 per cent.



A strong balance sheet will also be a key priority, with a pre-IFRS net debt target range of between 0.5 time and 1.5 times EBITDA.



Matt Pullen, Chief Executive, commented:

"We are excited today to unveil Marshalls' refreshed strategic focus which will deliver a business capable of sustained market outperformance. It is a strategy that builds on the unique set of capabilities that our customers value: our leading brands; best in class technical design and support; and carbon leadership. Our growth will also benefit from the cyclical recovery and near-term structural and regulatory drivers in our end markets.



"Our Transform and Grow strategy has clear potential to drive significant and sustainable long-term shareholder value. This is an exciting time for Marshalls, and we are looking forward to sharing our vision and ambition for the future."





A live webcast of the presentation including Q&A will be held today at 2:00 pm for investors and analysts and will be available via our website at or on

[essentialinvestor] 04/11/2024 16:29

Is that a potential double top on the share price chart..

[wskill] 17/10/2024 07:26

Another decent UK listed company gone just as it was recovering BWNG ok at a premium to recent levels ,I am sure it will not be the last in this undervalued UK market.

[waldron] 17/10/2024 06:24

Marshalls plc Provides Earnings Guidance for the Full Year 2024
October 16, 2024 at 07:00 am

Marshalls plc provided earnings guidance for the full year 2024. For the year, the Board expects that profit will be in line with its previous expectations.

[wskill] 16/10/2024 15:35

Its still a quality company and looking at the result they have stopped the rot and things are improving,but is the rise today a sign that another UK company is going to be taken out.

[waldron] 16/10/2024 06:10

Marshalls plc - Wikipedia



Marshalls plc

('Marshalls' or 'the Group')



Q3 Trading Update



Marshalls, a leading manufacturer of sustainable solutions for the built environment, provides the following trading update for the nine months ended 30 September 2024.



Overview



·


Resilient performance in continued weak end markets with YTD Group revenue of £476 million (2023: £528 million):




o


Group revenue during Q3 was three per cent lower than the prior year: a material improvement over the 12 per cent like-for-like reduction in H1




o


Double-digit growth in Roofing Products in Q3 driven by a very strong Viridian Solar performance




o


Flat revenues in Building Products in Q3 together with a lower rate of contraction in Landscape Products during Q3 compared to H1

·


Pre-IFRS16 net debt reduced in Q3 to £149 million driven by continued focus on cash management

·
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Capital Markets Event scheduled for 19 November 2024, to set out the Group's medium-term growth opportunities

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The Board expects that the full year profit will be in-line with its previous expectations

[essentialinvestor] 05/10/2024 09:22

17 X FY 2025 is pretty rich and that's IF
current consensus develops inline.

High quality business tbf.

[wskill] 05/10/2024 07:34

Not sure on the overvalued it is within my buying range lots of UK stocks are, ok it is not crazy cheap but a well run company I am moving out of overvalued US holdings and spreading it between cheap UK ones.,bought a good few CPI and BRBY as well as MSHL even bought a UK listed miner which is crazy cheap FRES compared to US and Canadian listed silver miners with mines in Mexico.

Of course the UK have nothing to compare FRES with which is not unusual for the UK market.

[essentialinvestor] 02/10/2024 20:34

Around £2.80 ish may be worth a look..?

Very popular with UK smaller company investment trusts - may partly explain the rating.

[my retirement fund] 02/10/2024 11:52

Looks overvalued to me.

[wskill] 01/10/2024 10:39

Bought a few more today ,time to build up to a full allocation .

[waldron] 22/9/2024 05:34

Analysts' Consensus



Mean consensus
OUTPERFORM

Number of Analysts
7

Last Close Price
3.370GBP

Average target price
4.314GBP
Spread / Average Target
+28.02%

High Price Target
8.000GBP
Spread / Highest target
+137.39%

Low Price Target
3.000GBP
Spread / Lowest Target
-10.98%


marketscreener

[waldron] 21/9/2024 14:27

Outlook

·


The Board remains cautiously optimistic of a modest recovery in its end markets during the second half of the year predicated on a progressive improvement in the macro-economic environment.

·


Against this backdrop and with the benefit of decisive management actions taken in 2023, the Board believes that profit and pre-IFRS16 net debt for the full year will be broadly in-line with its previous expectations.

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I GUESS WE NOW HAVE TO AWAIT THE 9months Trading Statement sometime in October to see what affect on the share price trend

In the meantime enjoy one day at a time and have a great weekend

good luck fellas


take care

chuckle and cheers

[waldron] 21/9/2024 14:14

Latest Dividends

Summary Previous dividend Next dividend

Status Paid Declared

Type Final Interim

Per share 5.7p 2.6p

Declaration date 18 Mar 2024 (Mon) 12 Aug 2024 (Mon)

Ex-div date 06 Jun 2024 (Thu) 24 Oct 2024 (Thu)

Pay date 01 Jul 2024 (Mon) 02 Dec 2024 (Mon)

[waldron] 21/9/2024 14:05

Marshalls (LON:MSLH) Stock Rating Reaffirmed by Royal Bank of Canada

Written by MarketBeat

September 18, 2024


Marshalls (LON:MSLH - Get Free Report)'s stock had its "sector perform" rating reissued by analysts at Royal Bank of Canada in a research note issued to investors on Wednesday, Digital Look reports.

They currently have a GBX 370 ($4.89) target price on the stock.

Royal Bank of Canada's price objective points to a potential upside of 11.28% from the company's previous close.


Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 420 ($5.55) target price on shares of Marshalls in a research report on Monday, August 12th.


MSLH traded down GBX 2 ($0.03) during trading on Wednesday, hitting GBX 332.50 ($4.39).

The stock had a trading volume of 504,754 shares, compared to its average volume of 679,650.

The company has a debt-to-equity ratio of 33.19, a current ratio of 1.86 and a quick ratio of 1.34.

The company has a 50 day moving average price of GBX 339.36 and a 200-day moving average price of GBX 309.35.

Marshalls has a one year low of GBX 195.30 ($2.58) and a one year high of GBX 364.50 ($4.82).

The firm has a market cap of £840.79 million, a price-to-earnings ratio of 4,156.25, a P/E/G ratio of 0.17 and a beta of 1.26.


Insider Activity at Marshalls

In related news, insider Matt Pullen acquired 14,330 shares of the business's stock in a transaction that occurred on Thursday, August 22nd.

The shares were bought at an average cost of GBX 349 ($4.61) per share, with a total value of £50,011.70 ($66,065.65). 2.75% of the stock is currently owned by company insiders.

Marshalls Company Profile (Get Free Report)

Marshalls plc, together with its subsidiaries, manufactures and sells landscape, building, and roofing products in the United Kingdom and internationally.

It offers paving products, such as flag paving, natural stone paving, block paving, permeable paving, tactile paving, accessories, steps, rail products, marker blocks, setts and cobbles, and pedestals;

kerbs; and combined kerb and drainage systems, linear drainage systems, below ground drainage, offsite solutions, civils and drainage water management, specialist precast, and precast solutions.

[ih_538656] 21/9/2024 12:40

adrian, agree a quality business, but how much of this is already in the price?.

SP is already back to around 2017 levels with approx £100 million more in net debt on the balance sheet now.

[adrian j boris] 18/9/2024 15:59

RBC Capital Markets initiated coverage of Marshalls on Wednesday with a 'sector perform' rating and 370p price target.

It noted that Marshalls outperformed the FTSE 250 by 10x and traded at 18x average price-to-earnings, a premium of around 40% to peers from 2013 to 2021, and said earnings per share and return on capital employed increased by around 3x.

"Enter Marley, a transformational deal which coincided with a cyclical downturn in 2022. 2024e adjusted EPS is over 50% below 'normalised' levels," it said. Marshalls bought pitched roof tile specialist Marley Group for £535.0m.

"Prior CEO Martyn Coffey departed and now we await a new midterm strategy. We think a pathway back towards pre-Marley ROCE and above market earnings growth is needed to justify prior valuation levels. Marshalls' premium remains in-tact despite lower adjusted EPS growth and ROCE."


SOURCE LSE

[essentialinvestor] 11/9/2024 18:44

It's a quality company, all be one that made a large acquisition at a cycle top.

Looks about fairly valued atm?.

[waldron] 11/9/2024 18:24

britishbulls Signal Update 11th September

Our system’s recommendation today is to STAY SHORT. The previous SHORT signal was issued on 29/08/2024, 13 days ago, when the stock price was 344.00. Since then MSLH.L has fallen by -7.12%.

Market Outlook
There is no change in the overall bearish tone with bears still at the helm. The share price is below the confirmation level, and the signal suggests to STAY SHORT. The current price levels demonstrate the wisdom of our previous SHORT signal.