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RS1 Rs Group Plc

713.50
-7.00 (-0.97%)
11 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Rs Group Plc LSE:RS1 London Ordinary Share GB0003096442 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  -7.00 -0.97% 713.50 444,427 16:35:03
Bid Price Offer Price High Price Low Price Open Price
714.00 716.50 722.50 705.00 705.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Electronic Components, Nec 2.94B 183.7M 0.3875 18.45 3.42B
Last Trade Time Trade Type Trade Size Trade Price Currency
16:47:06 O 2,338 713.557 GBX

Rs (RS1) Latest News

Rs (RS1) Discussions and Chat

Rs Forums and Chat

Date Time Title Posts
29/11/202411:40RS Group (formerly Electrocomponents)252

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Rs (RS1) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-12-11 16:47:06713.562,33816,682.96O
2024-12-11 16:35:03713.507585,408.33O
2024-12-11 16:35:03713.506564,680.56O
2024-12-11 16:35:03713.50349,5132,493,775.26UT
2024-12-11 16:29:37715.21100715.21O

Rs (RS1) Top Chat Posts

Top Posts
Posted at 11/12/2024 08:20 by Rs Daily Update
Rs Group Plc is listed in the Electronic Components, Nec sector of the London Stock Exchange with ticker RS1. The last closing price for Rs was 720.50p.
Rs currently has 474,049,468 shares in issue. The market capitalisation of Rs is £3,389,453,696.
Rs has a price to earnings ratio (PE ratio) of 18.45.
This morning RS1 shares opened at 705p
Posted at 29/11/2024 11:40 by philanderer
Bank of America cuts RS Group price target to 750 (800) pence - 'neutral'
Posted at 11/11/2024 10:32 by philanderer
Barclays raises RS price target to 925 (875) pence - 'overweight'
Posted at 07/11/2024 17:43 by philanderer
On the FTSE 250, RS Group soared 12% after backing guidance despite trading in the first-half being ‘tougher than anticipated’.

Despite this, RS noted that it had realised faster than expected cost savings, improved execution and cash conversion and a stabilisation of sales per day.

Inline with its progressive dividend policy, RS lifted the interim dividend by 2.4% to 8.5p per share from 8.3p the previous year.
Posted at 21/10/2024 13:04 by philanderer
more from last week's Deutsche note....


Deutsche downgrades struggling RS Group


Deutsche Bank has downgraded electrical components distributor RS Group (RS1) as a ‘subdued market’ hampers its recovery.

Analyst David Brockton cut his rating from ‘buy’ to ‘hold’ and reduced the target price from 950p to 830p on the Citywire Elite Companies + rated company, formerly known as Electrocomponents, which fell 5.6% last week to 733.5p.

A third-quarter update indicated ‘mixed regional performances but consistent subdued demand’ and the ‘original equipment manufacturer’ backdrop also appears to be weakening’.

‘We previously hoped RS could potentially beat full-year 2025 guidance for flat like-for-likes through increased stability and improving markets into year-end, but weak PMIs and poor peer trading increase downside risk,’ said Brockton.

He forecast first-half 2025 like-for-like revenues down 1%, implying just 3% growth in the calendar year.

Citywire
Posted at 21/10/2024 09:34 by keyno
And yet, "UBS raises RS Group price target to 750 (730) pence - 'neutral'".
Posted at 17/10/2024 19:01 by philanderer
Details...

Deutsche Bank adjusted its stance on RS Group Plc (RS1:LN), downgrading the stock from 'Buy' to 'Hold' and reducing the price target to £8.30 from the previous £9.50. The revision follows observations of the company's third-quarter performance, which showed mixed regional results and consistently subdued demand.

The bank's analysis highlighted a disparity in industry sectors, noting that while Fastenal (NASDAQ:FAST) reported a modest increase in daily sales, there was a significant decline in reseller performance and a contrasting strength in safety sales. This mix is seen as unfavorable for RS Group, which has less involvement in the stronger-performing safety sector.

Further concerns were raised by the performance of Rexel, which saw a decline in daily sales growth, particularly in Europe, and more specifically in the DACH region—a market that RS Group has recently increased its exposure to by approximately 40% through the acquisition of Distrelec.

Deutsche Bank had previously anticipated that RS Group could potentially exceed its fiscal year 2025 guidance for flat like-for-like sales. However, recent weak Purchasing Managers' Index (PMI) data and poor trading among peers suggest there is now an increased risk of underperformance.

For the first half of fiscal year 2025, Deutsche Bank forecasts like-for-like revenues to decline by 1%, with a projected growth of around 2% for calendar Q3, attributed solely to softer comparative figures from the previous year.

Nevertheless, operating margins are expected to decrease by 160 basis points to 9.2%, reflecting the annualization of the Distrelec acquisition. Consequently, operating profit is predicted to fall by 13% to £134.8 million, profit before tax (PBT) by 16% to £119.5 million, and earnings per share (EPS) by 17% to 18.6 pence.


investing.com
Posted at 17/10/2024 09:56 by philanderer
Ah... downgraded

Deutsche Bank cuts RS Group to 'hold' (buy) - price target 830 (950) pence
Posted at 30/9/2024 09:57 by philanderer
Deutsche: RS Group charging up


RS Group (RS1) looks to be in better shape than some of its industrial peers but short-term demand remains subdued, says Deutsche Numis.

Analyst David Brockton retained his ‘buy’ recommendation and target price of 950p on the Citywire Elite Companies + rated electrical component distributor, formerly known as Electrocomponents, which climbed 1.3%% to 841p on Friday.

Brockton said the absence of a formal trading update at its capital markets day was ‘a positive after recent warnings from some industrials’ and management indicated it was trading as expected.

‘Unlike others, we believe RS has benefited from more cautious guidance, for flat like-for-likes against weak comps in full-year 2025,’ he said.

‘Nevertheless, we expect the short-term demand backdrop to remain subdued, with risk elevated given trading is typically lagged to purchasing managers indexes that have softened.’

There are opportunities to increase market share and drive business but the ‘biggest positive’ was confirmation of further cost efficiencies that aid ‘credibility in the ambition to improve operating margins from 10.6% to 15%’.

‘Assuming the medium-term relates to five years, this sets the scene for cycle and self-help potential,’ said Brockton.


citywire.com
Posted at 10/9/2024 09:11 by philanderer
Threadneedle: RS Group poised for rebound


RS Group (RS1) is set for the cyclical rebound in manufacturing as well as growth in demand for electronics, says Jeremy Smith of Columbia Threadneedle.

Smith holds the Citywire Elite Companies + rated electrical product distributor, previously known as Electrocomponents, in his £132m CT UK Equity Alpha Income fund, where it is the fourth-largest position making up 4.7% of the portfolio.

The group reported an in-line quarterly update despite a challenging economic backdrop and management said it ‘expects trading conditions to stabilise over the rest of the year’.

‘We believe the company is well positioned to gain from a cyclical rebound in manufacturing activity,’ said Smith.

‘We also feel that RS Group is set to benefit from a recovery in demand for electronics over the rest of 2024. In addition, heading into 2024/25, we are optimistic that the company can implement measures to cut costs and increase operational efficiencies and thereby offset risks in the macroeconomic environment.’

On top of this, the company ‘boasts strong cash conversion and consistent market-share gains’, said Smith.

‘The industry is fragmented, and RS Group enjoys a sustainable advantage through scale as the biggest player within the space,’ he said.

The shares rose 1.9% to 774.5p yesterday.


CITYWIRE
Posted at 05/9/2024 17:36 by philanderer
Market report

In London’s FTSE 250, RS Group rose 1.5% as Citi upgraded to ’buy’ from ‘neutral’ and increased its share price target to 900 pence from 800p.

Citi said RS’s new management team have articulated an ‘attractive, comprehensive strategy, including ambitious margin targets’ likely to be detailed at its Capital Markets Day on September 24.
Rs share price data is direct from the London Stock Exchange

Rs Frequently Asked Questions (FAQ)

What is the current Rs share price?
The current share price of Rs is 713.5p.
How many Rs shares are in issue?
Rs has 474,049,468 shares in issue.
What is the market cap of Rs?
The market capitalisation of Rs is GBP 3.42 B.
What is the 1 year trading range for Rs share price?
Rs has traded in the range of 680.50p to 851.60p during the past year.
What is the PE ratio of Rs?
The price to earnings ratio of Rs is 18.45.
What is the cash to sales ratio of Rs?
The cash to sales ratio of Rs is 1.15.
What is the reporting currency for Rs?
Rs reports financial results in GBP.
What is the latest annual turnover for Rs?
The latest annual turnover of Rs is GBP 2.94B.
What is the latest annual profit for Rs?
The latest annual profit of Rs is GBP 183.7M.
What is the registered address of Rs?
The registered address for Rs is FIFTH FLOOR, TWO PANCRAS SQUARE, LONDON, N1C 4AG.
What is the Rs website address?
The website address for Rs is www.rsgroup.com.
Which industry sector does Rs operate in?
Rs operates in the ELECTRONIC PARTS,EQ-WHSL,NEC sector.