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MARS Marston's Plc

43.55
0.15 (0.35%)
13 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Marston's Plc LSE:MARS London Ordinary Share GB00B1JQDM80 ORD 7.375P
  Price Change % Change Share Price Shares Traded Last Trade
  0.15 0.35% 43.55 942,665 16:35:10
Bid Price Offer Price High Price Low Price Open Price
43.25 43.45 44.35 42.30 42.30
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Malt Beverages 885.4M -9.3M -0.0147 -29.42 275.23M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:10 UT 80,192 43.55 GBX

Marston's (MARS) Latest News

Marston's (MARS) Discussions and Chat

Marston's Forums and Chat

Date Time Title Posts
09/12/202412:03Marstons...time to buy???7,724
24/7/202408:35Marstons - Needs Shaking Up !2,329
07/10/202216:08MARSTONS 2020 461
04/6/202013:38WHEN ARE THE FUCKIN PUBS OPENING? SINCE THE BEACHES ARE!!14
21/7/201810:24Is there Life on MARS?91

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Marston's (MARS) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
16:35:1043.5580,19234,923.62UT
16:26:3443.255222.49AT
16:26:1043.3573.03O
16:26:0943.451,020443.19AT
16:26:0943.4517776.91AT

Marston's (MARS) Top Chat Posts

Top Posts
Posted at 13/12/2024 08:20 by Marston's Daily Update
Marston's Plc is listed in the Malt Beverages sector of the London Stock Exchange with ticker MARS. The last closing price for Marston's was 43.40p.
Marston's currently has 634,181,209 shares in issue. The market capitalisation of Marston's is £274,283,373.
Marston's has a price to earnings ratio (PE ratio) of -29.42.
This morning MARS shares opened at 42.30p
Posted at 03/12/2024 12:18 by llef
The nos below might reflect prev share price performance, but below is the take from one of Bloomberg's reporters today:

"Marston’s shares have now jumped as much as 9% after its results, solidifying its outperformance against other pub stocks this year.

It shares are up 30% in 2024, compared to declines for Mitchells & Butlers, Young & Co and JD Wetherspoon. Marston’s shares are also above their level prior to the UK’s budget announcement.

The budget had weighed on most consumer sectors, particularly hospitality, because of the extra costs that will come from increased national insurance contributions and a higher minimum wage. Marston’s, however, has one of the more the more sanguine reactions to the budget that I’ve seen from the sector thus far:
“Although this puts some additional pressure on costs, the overall package of measures is considered manageable in the context of the group’s CMD targets.”
Posted at 29/11/2024 14:31 by jeff h
I am surprised there has been no comment made regarding last weeks IC article.

The biggest problem for me with Marstons has been poor management, the well respected Ken Lever arriving is most welcome:-

"....The UK market seems to be having more and more difficulty really establishing the values for businesses,” he told investors last month. Lever, a city veteran who previously chaired the boards at Biffa and RPS Group (both of which were taken private in 2023 at decent premiums), argued that the current valuation attached to Marston's makes no sense.

“It doesn’t take a rocket scientist to work out if you’ve got net tangible assets in excess of £1 a share, and the share price trading at around about 40p, even if the net tangible assets were overstated by 30 per cent – which they’re not, I might add – there would still be a significant value opportunity.”

CEO Justin Platt who was Chief Strategy Officer at Merlin Entertainments surprisingly speaks about acquisitions and earning a 30%+ return from capital investment.

This rather surprised me considering debt levels, though they sound confident on future cash generation.

As regards CMBC I recall the supply agreement Marstons has with them is a long term one at arms length and does not preclude Marstons from buying other brewers products.

I have bought some shares in Marstons today for the first time since 2011 when the shares were 90p each lol.

Of course this could be another false dawn for the company like previous management initiatives. Maybe results on Tuesday will give an inkling on if better times are possibly ahead.
Posted at 22/10/2024 02:45 by ny boy
Trend change for some time, Mars is not an investment, loaded with huge debts, a highly questionable portfolio NAV They had their chance rejecting a over over 100p, delusional management, the result is a collapsed share price with less drinking alcohol and Labour’s Autumn will see higher increases in Alcohol taxes. These are facts and why if you go against the trend, you will lose a lot of your shirt.

As part of Mintel’s research into the lifestyles of Gen Z in Britain, our findings indicate that 36% of young adults aged 18-25 most commonly socialise by going to bars and pubs with their friends. In 2023, going to restaurants is one of the most popular choices for socialising, while online gaming, visiting cafes, and going to the cinema have gained comparable popularity to going out for a drink.

We can also see how Gen Z is rejecting alcohol more significantly than other generations by comparing between generational British lifestyles. A distinct pattern emerges when examining age groups, revealing that British consumers aged 20-24 are almost half as likely to prioritise spending on alcoholic drinks for the home than consumers aged over 75. This suggests that a significant number of Gen Z are shifting their focus away from drinking alcohol, both inside and outside the home, and opting instead for sober socialising.
Posted at 16/10/2024 12:17 by knowing
He added: “At today's CMD we are outlining a differentiated strategy for growth that is anchored in the needs of our guests and focused on driving sustained value for our shareholders.

Brokers were largely receptive to Marston’s CMD announcement. Both Shore Capital Markets and Panmure Liberum reiterated their buy rating on the stock, with the latter stating that Marston’s “continued robust trading, much improved free cash generation and ongoing deleveraging” are not reflected in the group’s 42.75p share price.
Posted at 16/10/2024 06:42 by blueclyde
Share price looks even more ridiculous considering this mornings inflation figure of 1.7 percent. This is being given away. Either share price goes materially up from here or private equity steps in and takes it away.
Posted at 09/10/2024 07:27 by florenceorbis
Marston’s toasts sales growth as disposals help it slash debt pile

9 October 2024, 08:04



Pub operator exited its brewing operations and sold a swathe of pubs over the last year, in a bid to pay off its debts.

Marston’s has enjoyed a surge in its pub sales over the last year, while also trimming its debt pile by about £300 million after selling off its remaining stake in its historic brewing business.

The London-listed company saw a 4.8% rise in like-for-like sales over the past year, amid strong growth across both its food and drink divisions.

The group, which operates 1,339 pubs across the UK, said sales growth eased during the most recent three months to September 28, amid unusually wet weather during the quarter.


Like-for-like sales grew 3.8% for the most recent 12 weeks as punters continued to drink and dine at its venues despite pressures on consumer budgets.

Analysts had predicted Marston’s would report like-for-like growth of 5% for the year to September.

Net debt has fallen to about £885 million, Marston’s said, down £300 million compared with the same point last year, amid a number of disposals across the business.

The trading update comes amid a transition period for the business, as it fully focuses on pub operations after exiting brewing operations fully.

In 2020, Marston’s agreed to sell part of its brewing business – which makes Hobgoblin and Shipyard – to Carlsberg and form a joint venture with the Danish brewer.

In July this year, it sold its remaining stake in the cask ale brewer, the Carlsberg Marston’s Brewing Company (CMBC), for around £206 million.

Marston’s said offloading the spin-off will allow it to focus purely on operating its pub chain and will reduce the amount of debt it holds.

The strong revenue performance is very pleasing. This reflects the quality of the experiences we are providing for our guests as well as the continued focus and passion of our team


On top of this, the company has sold off a swathe of pubs over the last year amid a bid to improve its portfolio.

Those include the disposal of 18 pubs to private equity rival Admiral Taverns, and 19 pubs to Red Oak Taverns in a deal in May.

Marston’s said the combination of its sales growth, its pub disposals strategy, the sale of its share in CMBC and a dividend payout for CMBC in the first half of this year helped it slash its debt pile.

Chief executive Justin Platt said: “The strong revenue performance is very pleasing.

This reflects the quality of the experiences we are providing for our guests as well as the continued focus and passion of our team.

“This performance, combined with our recent disposal of CMBC, puts Marston’s in a strong position to drive value for our shareholders as a focused pub business.”

By Press Association
Posted at 21/9/2024 22:05 by blueclyde
The share price is moving up nicely and will continue to move higher with a decent trading update next month also. What I mean is what are you doing here constantly trying to talk down the share price. Did you end up selling the bottom or something? More than happy to hold this share as with the NAV being what it is.
Posted at 04/9/2024 10:04 by waldron
Moderate Buy

2Ratings

1 Buy
1 Hold
0 Sel
l
Based on 2 analysts giving stock ratings to Marston's
in the past 3 months

MARS Stock 12 Month Forecast
36.00p
▼(-4.45% Downside)

Based on 2 Wall Street analysts offering 12 month price targets for Marston's in the last 3 months.

The average price target is 36.00p with a high forecast of 36.00p and a low forecast of 36.00p.

The average price target represents a -4.45% change from the last price of 37.68p.


TIPRANKS
Posted at 08/7/2024 10:15 by careful
The recent share price was priced for a worst case scenario.

The possibility that bondholders could take our company off us with the usual debt for equity swap was a fear.
Todays cash injection has now made that fear,always an issue when the share price is low, makes that a remote possibility.

With a decent trading situation, and the boost of Euro soccer must be happening.

A re rating is justified.
Posted at 09/5/2024 12:34 by gkace
Daily Mail: Marston's: Value £175mShare price down 92pc since peak in February 2007Interest may also be brewing in pub and hotel group Marston's, where shares have almost halved from their peak.Rival Wetherspoons is booming as punters flock in for cheap pints, but rivals such as Marston's are having a much harder time.Having suffered badly during Covid, shares are still languishing well below pre-pandemic levels and are down another 17 per cent so far this year.Victoria Scholar, head of investment at Interactive Investor, cited Marston's as a potential target.In 2021, the group snubbed a £666million approach from private equity. At the time it said it significantly undervalued the British pub operator.Marston's – the brewer of Pedigree, Hobgoblin and Lancaster Bomber beer – said this was the firm's third takeover proposal.Marston's first started out as a family business over 180 years ago and today has 1,400 pubs and around 11,000 employees across the UK.
Marston's share price data is direct from the London Stock Exchange

Marston's Frequently Asked Questions (FAQ)

What is the current Marston's share price?
The current share price of Marston's is 43.55p.
How many Marston's shares are in issue?
Marston's has 634,181,209 shares in issue.
What is the market cap of Marston's?
The market capitalisation of Marston's is GBP 275.23 M.
What is the 1 year trading range for Marston's share price?
Marston's has traded in the range of 25.55p to 46.65p during the past year.
What is the PE ratio of Marston's?
The price to earnings ratio of Marston's is -29.42.
What is the cash to sales ratio of Marston's?
The cash to sales ratio of Marston's is 0.31.
What is the reporting currency for Marston's?
Marston's reports financial results in GBP.
What is the latest annual turnover for Marston's?
The latest annual turnover of Marston's is GBP 885.4M.
What is the latest annual profit for Marston's?
The latest annual profit of Marston's is GBP -9.3M.
What is the registered address of Marston's?
The registered address for Marston's is ST JOHNS HOUSE, ST JOHNS SQUARE, WOLVERHAMPTON, WV2 4BH.
What is the Marston's website address?
The website address for Marston's is www.marstonspubs.co.uk/.
Which industry sector does Marston's operate in?
Marston's operates in the MALT BEVERAGES sector.

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