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MER Mears Group Plc

354.00
6.50 (1.87%)
30 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mears Group Plc LSE:MER London Ordinary Share GB0005630420 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  6.50 1.87% 354.00 411,092 16:35:05
Bid Price Offer Price High Price Low Price Open Price
352.00 353.00 364.00 351.50 352.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Bldg Clean & Maint Svc, Nec 1.09B 36.66M 0.4039 8.73 315.41M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:41:33 O 4,500 353.00 GBX

Mears (MER) Latest News (3)

Mears (MER) Discussions and Chat

Mears Forums and Chat

Date Time Title Posts
13/1/202510:57A pure Jim Slater Stock2,128
07/5/202418:26Mears3
15/4/201315:06Mears2
12/11/200818:01Merrill Lynch5
14/2/200808:02 Mears Group-

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Mears (MER) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
16:41:34353.004,50015,885.00O
16:41:31354.007,50026,550.00O
16:35:05354.0044,517157,590.18UT
16:29:57352.506192,181.98AT
16:29:50352.002380.96AT

Mears (MER) Top Chat Posts

Top Posts
Posted at 30/1/2025 08:20 by Mears Daily Update
Mears Group Plc is listed in the Bldg Clean & Maint Svc, Nec sector of the London Stock Exchange with ticker MER. The last closing price for Mears was 347.50p.
Mears currently has 90,764,444 shares in issue. The market capitalisation of Mears is £319,944,665.
Mears has a price to earnings ratio (PE ratio) of 8.73.
This morning MER shares opened at 352.50p
Posted at 10/1/2025 13:18 by mfhmfh
Deutsche Bank raises Mears Group price target to 460 (435) pence - 'buy'
Posted at 09/1/2025 10:37 by martinmc123
4*
Mears Group the UK Housing solutions provider, today issued a positive update on trading for the financial year ending 31 December 2024. Trading has remained strong in the period since Interim Results with operating margins in the core housing activities continuing to strengthen, and volumes in management-led activities reducing at a slower rate than previously anticipated. The Board now expects results to be marginally ahead of current market expectations for FY24...

...from WealthOracle

wealthoracle.co.uk/detailed-result-full/MER/425
Posted at 27/8/2024 05:47 by qs99
Looking forward to another week of share buy-backs
Posted at 22/8/2024 07:27 by qs99
Cracking news, should see lots of loose holders hoovered up and price appreciation IMO....DYOR and looking forward now to breaking £4
Posted at 08/8/2024 13:43 by thebd11
Peel..."Mears (MER LN) (Hold TP 380.0p) Strong 1H24 performance: new guidance drives 9% FY24 revenue increase... 1H24 PBT was £30.5m (+44% YoY), which is slightly ahead of our estimate. Adjusted EPS rose 68% (organically) and DPS increased 28% to 4.75p. The company reported strong cash generation, with average net cash of £66m. There are no major surprises in the trading commentary. We expect investor focus is likely to be on the increased guidance (following another positive trading update in June). The company now anticipates FY24 revenue to be c.£1.1bn (versus our prior estimate of £1.0bn) and adjusted PBT to be £53-55m (versus our prior estimate of £50m). The outperformance is driven by the visibility through FY24 (most specifically the asylum seekers volumes). We increase our FY24E PBT forecast from £50m (cons: £50m) to £54m, to give EPS of 41.1p. It remains challenging to assess when the elevated contract volumes will normalise. However, we also increase our FY25E PBT estimate from £39.0m (cons: £38.7m) to £42m, to give EPS of 32.2p. The shares have drifted down on concerns regarding government asylum policy uncertainties and currently trade on 11.2x December 2026E EPS."
Posted at 08/8/2024 08:15 by basem1
Crazy price 350p I think I will add this price action today is just plain madness
Posted at 08/8/2024 08:05 by qs99
So market cap says £327m, net daily cash average 66m so EV 260m....we have EBITDA post IFRS of 69m and Net Cash flow from Op Act of 75m...so full year we have 140m-150m of EBTIDA post IFRS or Net cash flow from op Act vs EV £260m.

Decent yield, now increased, maybe more share buy-backs, what am I missing around the "value" proposition here?

DYOR
Posted at 24/7/2024 10:13 by johndoe23
No chartist, but share price now right on the lower channel of the uptrend. Needs to hold here.
Posted at 22/7/2024 13:16 by phg87
I really like this share but held since mid-March and no real movement. Took about a 2% gain since opened the position. Sold and topped up my position in Cohort instead.

I think this has plenty of room to move up but it looks stuck in a sideways move (though could shoot up after results on 8th of August). Happy to take a back seat and see what happens after results before jumping back in. Only sold as saw better value elsewhere but I could be wrong with this and my other topped up position.

Best of luck to all and hopefully it starts trending up again.
Posted at 15/7/2024 14:32 by qs99
Well someone appears to be, v. v. strange price action given trading updates and potential...DYOR
Mears share price data is direct from the London Stock Exchange

Mears Frequently Asked Questions (FAQ)

What is the current Mears share price?
The current share price of Mears is 354.00p
How many Mears shares are in issue?
Mears has 90,764,444 shares in issue
What is the market cap of Mears?
The market capitalisation of Mears is GBP 315.41M
What is the 1 year trading range for Mears share price?
Mears has traded in the range of 322.00p to 397.00p during the past year
What is the PE ratio of Mears?
The price to earnings ratio of Mears is 8.73
What is the cash to sales ratio of Mears?
The cash to sales ratio of Mears is 0.29
What is the reporting currency for Mears?
Mears reports financial results in GBP
What is the latest annual turnover for Mears?
The latest annual turnover of Mears is GBP 1.09B
What is the latest annual profit for Mears?
The latest annual profit of Mears is GBP 36.66M
What is the registered address of Mears?
The registered address for Mears is 1390 MONTPELLIER COURT, GLOUCESTER BUSINESS PARK, BROCKWORTH, GLOUCESTER, GL3 4AH
What is the Mears website address?
The website address for Mears is www.mearsgroup.co.uk
Which industry sector does Mears operate in?
Mears operates in the BLDG CLEAN & MAINT SVC, NEC sector