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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Sainsbury (j) Plc | LSE:SBRY | London | Ordinary Share | GB00B019KW72 | ORD 28 4/7P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 4.60 | 1.70% | 274.60 | 4,018,338 | 16:35:27 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 275.20 | 275.60 | 275.60 | 267.80 | 269.60 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Grocery Stores | 32.7B | 137M | 0.0581 | 47.44 | 6.36B |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:35:28 | O | 50,132 | 274.60 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 26/7/2024 | 14:51 | ALNC |  UK supermarkets likely not misleading shoppers re loyalty prices - CMA |
| 11/7/2024 | 07:00 | UK RNS | Sainsbury(J) PLC Transaction in Own Shares |
| 10/7/2024 | 07:00 | UK RNS | Sainsbury(J) PLC Transaction in Own Shares |
| 05/7/2024 | 14:30 | UK RNS | Sainsbury(J) PLC Director/PDMR Shareholding |
| 04/7/2024 | 16:45 | UK RNS | Sainsbury(J) PLC Result of AGM |
| 04/7/2024 | 07:00 | UK RNS | Sainsbury(J) PLC Transaction in Own Shares |
| 03/7/2024 | 07:00 | UK RNS | Sainsbury(J) PLC Transaction in Own Shares |
| 02/7/2024 | 09:01 | ALNC | TOP NEWS: Sainsbury growth held back by weak Argos despite strong food |
| 02/7/2024 | 07:20 | UK RNS | Sainsbury(J) PLC Transaction in Own Shares |
| 02/7/2024 | 07:00 | UK RNS | Sainsbury(J) PLC Trading Statement |
Sainsbury (j) (SBRY) Share Charts1 Year Sainsbury (j) Chart |
|
1 Month Sainsbury (j) Chart |
Intraday Sainsbury (j) Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 19/7/2024 | 23:07 | SAINSBURY - up for grabs? | 852 |
| 19/7/2024 | 15:13 | ***** J Sainsbury plc ***** | 23,201 |
| 10/1/2024 | 11:53 | A TAKEOVER OF SAINSBURYS IS HIGHLY LIKELY..TIME TO BUY! | 14 |
| 01/10/2022 | 14:05 | SAINSBURY: JUST HEARD ON RADIO 5 THAT TAKEOVER COULD BE ON AGAIN | 8 |
| 30/9/2022 | 15:15 | sainsbury's shorting, chat, charts and competition | 51 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-07-26 15:35:28 | 274.60 | 50,132 | 137,662.47 | O |
| 2024-07-26 15:35:27 | 274.60 | 1,491,576 | 4,095,867.70 | UT |
| 2024-07-26 15:29:58 | 275.60 | 3 | 8.27 | AT |
| 2024-07-26 15:29:47 | 275.40 | 2,987 | 8,226.20 | AT |
| 2024-07-26 15:29:47 | 275.40 | 3,197 | 8,804.54 | AT |
| Top Posts |
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Posted at 26/7/2024 09:20 by Sainsbury (j) Daily Update Sainsbury (j) Plc is listed in the Grocery Stores sector of the London Stock Exchange with ticker SBRY. The last closing price for Sainsbury (j) was 270p.Sainsbury (j) currently has 2,356,866,697 shares in issue. The market capitalisation of Sainsbury (j) is £6,495,524,617. Sainsbury (j) has a price to earnings ratio (PE ratio) of 47.44. This morning SBRY shares opened at 269.60p |
Posted at 10/7/2024 08:45 by loganair Traditional supermarkets battle Lidl and Aldi for market share by KATIE WILLIAMS:If you look at the share price history of the listed UK supermarkets, you will see that none of them have ever recovered their pre-2008 valuations. A big reason for that is the growth in popularity of Lidl and Aldi. The German discounters first arrived in the UK in the 1990s, but have grown enormously in popularity over the past decade and a half. They now have a combined market share of 18.1%, according to data from Kantar World Panel. This has hit Morrisons and Asda the hardest, according to Russ Mould, investment director at AJ Bell. He points out that both companies are “saddled with debt after their respective takeovers”. Mould adds that Tesco and Sainsbury’s are holding their own when it comes to market share, but suggests this doesn’t negate the impact the German discounters have had on their margins. He says: “Their margins are not expanding and remain in the low single digits, [revealing] how competitive this business really is.” Changing consumer habits have also created a more challenging environment for traditional supermarkets over the past decade. The UK has seen a shift away from the big weekly shop, as households instead opt for shopping little and often. This change in behaviour means consumers are more likely to visit several stores over the course of a week, shopping around for their favourite products and the best deals. The cost-of-living crisis has only accelerated this trend, as highlighted by a recent research report from the House of Commons Library. The report writes that “46% of adults in Great Britain reported an increase in their cost of living in March 2024 compared to a month earlier”, with 89% pointing to increased food prices as the main reason for this. It adds that 49% were shopping around more as a result, while 38% were spending less on food shopping and essentials. Have UK supermarket stocks delivered decent investor returns? Nevertheless, it isn’t all bad news. We’re now just over halfway through the year, and Tesco and Marks & Spencer have posted decent returns so far in 2024. Both stocks are up by around 5% year-to-date, broadly in line with the overall FTSE 100. Tesco paid a full-year dividend of 12.10p (a yield of 3.93%). Meanwhile, Marks & Spencer’s 3p dividend represents a yield of 1.03%. Sainsbury’s share price performance, on the other hand, has been pretty poor. It is down by around 14% year-to-date. The company announced a full-year dividend of 13.10p (a yield of 5.12%), but it is unlikely to be enough to entice investors given the poor share price performance. They can earn the same yield by simply putting their cash in the bank. Chris Beckett, head of equity research at Quilter Cheviot, says the supermarket remains “considerably smaller than Tesco, and in the high-volume, low margin world of food retail, scale is a critical factor and the ingredient for success”. Commentators also point out that Sainsbury’s non-food business (including Argos) has experienced a slowdown of late, and is letting the side down. Mould says: “It’s beginning to have a lot of similarities to the Marks & Spencer of old, running a two-pronged business with one engine constantly spluttering. Marks & Spencer has finally fixed its engine problem and is now racing away, which might give some hope to Sainsbury’s situation.” If interest rates fall later this year and inflation continues to slow, supermarkets will be hoping to see shoppers putting more items in their baskets. This could create a tailwind going forward. |
Posted at 03/7/2024 10:02 by philanderer ‘Buy’ Sainsbury’s, says JefferiesDeclines in non-food sales at Sainsbury’s (SBRY) should have hit their trough as an improving consumer environment drives sales, says Jefferies. Analyst Frederick Wild retained his ‘buy’ recommendation and target price of 300p on the Citywire Elite Companies AA-rated supermarket, which tumbled 2.9% to 250.4p on Tuesday. It reported like-for-like sales up 2.7% in the first quarter compared to 4.8% last quarter, and 9.8% the same time last year. Grocery sales were up but general merchandising lagged. However, the group still expects retail underlying operating profit of between £1.01bn and £1.06bn for the full year. ‘An exceptionally strong grocery performance at Sainsbury’s in the first quarter was diluted by a more downbeat delivery in the general merchandise businesses, particularly Argos,’ said Wild. ‘This should represent the trough, which feels well understood by the market given the shares’ recent underperformance. Wild added that sunnier weather in recent weeks ‘should underpin sequential acceleration, with the chief drivers through the rest of the year being an improving consumer environment and an easing comparative’. citywire.com |
Posted at 03/7/2024 08:33 by davebowler Citywire-Declines in non-food sales at Sainsbury’s (SBRY) should have hit their trough as an improving consumer environment drives sales, says Jefferies. Analyst Frederick Wild retained his ‘buy’ recommendation and target price of 300p on the Citywire Elite Companies AA-rated supermarket, which tumbled 2.9% to 250.4p on Tuesday. It reported like-for-like sales up 2.7% in the first quarter compared to 4.8% last quarter, and 9.8% the same time last year. Grocery sales were up but general merchandising lagged. However, the group still expects retail underlying operating profit of between £1.01bn and £1.06bn for the full year. ‘An exceptionally strong grocery performance at Sainsbury’s in the first quarter was diluted by a more downbeat delivery in the general merchandise businesses, particularly Argos,’ said Wild. ‘This should represent the trough, which feels well understood by the market given the shares’ recent underperformance. Wild added that sunnier weather in recent weeks ‘should underpin sequential acceleration, with the chief drivers through the rest of the year being an improving consumer environment and an easing comparative’. |
Posted at 21/6/2024 11:10 by loganair Asda’s acquisition by TDR Capital, while financially lucrative, raises questions about the long-term sustainability of private equity ownership in the supermarket sector. PE firms often operate with a short-term focus, aiming to boost profitability quickly through cost-cutting measures and increased operational efficiencies. However, this approach can lead to significant disruptions in the workforce and may compromise the quality of service, ultimately affecting customer satisfaction and loyalty.Financial Impact on Supermarkets: Morrisons, once a staple of the British grocery market, now finds itself struggling under the weight of financial losses and mounting debt. Following its acquisition by a private equity consortium led by Clayton, Dubilier & Rice, the supermarket reported a staggering £1 billion loss. Debt payments have soared, straining the company’s finances and forcing it to make tough decisions on cost-cutting and asset sales. This financial turmoil is a stark contrast to the pre-acquisition stability Morrisons enjoyed, highlighting the often harsh financial realities of private equity ownership. The increased debt burden post-acquisition is a common theme among PE-owned firms. The strategy often involves leveraging the acquired company’s assets to secure loans, which are then used to pay dividends to the private equity owners and to finance further acquisitions. This can lead to a cycle of increasing debt and financial instability, as seen with Morrisons. The supermarket’s financial health has deteriorated significantly, impacting its ability to compete effectively in the market. The impact of private equity ownership extends beyond financial instability. For instance, under PE ownership, Morrisons has faced significant operational challenges, including the need to divest assets and implement cost-saving measures that may affect its competitive position in the market. These financial pressures can limit the company’s ability to invest in new technologies and innovations that are critical to staying competitive in the fast-evolving retail sector. Market Dynamics and Competition: Asda’s shrinking market share, juxtaposed with Aldi’s rise, paints a vivid picture of the competitive pressures exacerbated by private equity ownership. Aldi’s focus on low-cost, high-efficiency operations has resonated with cost-conscious consumers, eroding the market share of more traditional supermarkets like Asda. This shift in market dynamics underscores the challenges faced by PE-owned supermarkets in adapting to changing consumer preferences and competitive pressures. The competitive landscape of the UK supermarket sector has been significantly altered by these changes. Asda, under TDR Capital’s ownership, has had to contend with aggressive price competition and shifts in consumer behavior. Aldi’s market share gains reflect a broader trend towards discount retailers, which has been accelerated by economic uncertainties and changes in shopping habits post-pandemic. Asda’s efforts to streamline operations and improve efficiency under PE ownership have been met with mixed results, as the balance between cost-cutting and maintaining service levels proves challenging. The rise of discount retailers like Aldi and Lidl has intensified the competitive pressures on traditional supermarkets. These discount chains have successfully captured a significant portion of the market by offering lower prices and a streamlined shopping experience. As a result, supermarkets like Asda, which are now under private equity ownership, face the dual challenge of competing with these low-cost operators while also managing the financial and operational demands imposed by their new owners Under private equity ownership, the strategic focus often shifts towards short-term profitability, which can lead to decisions that are not always aligned with long-term market positioning. For example, cost-cutting measures may involve reducing staff, limiting store refurbishments, and cutting back on product variety. While these steps can improve immediate financial metrics, they risk alienating customers who value service quality and product selection. Consequently, PE-owned supermarkets like Asda must navigate the delicate balance between operational efficiency and customer satisfaction to maintain their competitive edge in a challenging market. The Future of UK Supermarkets Under Private Equity: Looking ahead, the sustainability of private equity-owned supermarkets remains a topic of debate. Experts warn of the potential for further financial instability if these firms prioritize short-term gains over long-term health. Regulatory scrutiny may increase as policymakers grapple with the broader implications for the retail sector and consumer welfare. The future of UK supermarkets under private equity control is uncertain, with potential for both positive and negative outcomes. The focus on short-term profitability can undermine the long-term viability of these businesses. The experience of Morrisons and Asda highlights the delicate balance required to navigate these challenges. Regulatory bodies may need to step in to ensure that the long-term interests of consumers and employees are protected. For example, increasing regulatory oversight on the financial practices of PE-owned firms could help mitigate the risks associated with high leverage and aggressive cost-cutting strategies. The future of private equity in the UK supermarket sector will likely be shaped by a combination of market dynamics, regulatory interventions, and the strategic decisions made by these firms. As the industry continues to evolve, it will be crucial for PE-owned supermarkets to find ways to balance short-term financial objectives with the need to build sustainable, customer-focused businesses. This balance will be essential for maintaining competitive advantage and ensuring the long-term health of the sector. As private equity continues to play a significant role in the UK supermarket industry, the lessons learned from Asda and Morrisons will be critical for shaping future strategies. Companies must prioritize sustainable growth, even under the pressure of private equity ownership, to ensure they can meet the demands of a changing market while safeguarding their long-term viability. The rise of private equity in the UK supermarket sector has brought about significant changes, with both positive and negative implications. While the influx of capital and expertise can drive improvements, the associated financial pressures and strategic shifts can also lead to instability and decline. Asda and Morrisons exemplify the complex dynamics at play, with their experiences offering valuable insights into the broader impact of private equity on the retail industry. The future of these supermarkets, and the sector as a whole, will depend on the ability to balance short-term financial goals with long-term sustainability. The role of private equity in reshaping UK supermarkets has sparked a broader conversation about the balance between financial engineering and the foundational principles of retailing: quality, service, and community engagement. The ongoing narrative will undoubtedly include more case studies, regulatory reviews, and strategic pivots as the industry seeks to reconcile the often conflicting demands of shareholders and stakeholders. As such, the journey of UK supermarkets under private equity ownership remains a critical area for observation and analysis, influencing not only market dynamics but also the everyday lives of millions of consumers. |
Posted at 07/5/2024 23:55 by philanderer Daily Telegraph tip'Questor: don’t let this supermarket’s results put you off' Questor share tips: don’t let the dire economy overshadow this retailer’s growth Questor says: buy Ticker: SBRY Share price at close: 267.8p or |
Posted at 26/4/2024 15:22 by loganair Sainsbury's spends £200mln of share buy backs of which £20mln plus goes in fees = Sainsbury's is worth £200mln less then it was before = share price goes down. |
Posted at 26/4/2024 15:11 by pirates4 How is the share buyback going to affect the share price...upwards or? |
Posted at 23/4/2024 08:54 by loganair Hav - A couple of years back I posted that Sainsbury's share price would fall to 150p which almost everybody on this thread laughed at. The share price fell to 170p, I wasn't too far off!At the time, in the mid 180p's I doubled my holding in Sainsbury's. How come I'm "a tube"? |
Posted at 21/1/2024 13:55 by loganair bounty - I understand what you are saying if a share price falls by say 90% over a 10 year period then doubles over the next year, so it has only fallen by 80% then the companies share price is doing pretty well. |
Posted at 04/11/2023 11:03 by noobiedoobie I am aggressively buying SBRY next 6 months, target 500p+I am one of those shoppers who has switched to SBRY permanently from Lidl Tesco. Since joining nectar program I do indeed make great savings on personalized nectar offers and since the company rolled out smartshop scanners in-store I have been taking full advantage of the 25-30% multi use discounts I get on selected items that change each week. I also don't live near a Aldi so SBRY price matching to Aldi means I get best of both worlds without traipsing about looking for a Aldi when I have no car I certainly spend more there now There is no reason SBRY shouldn't be at prices that OCDO have been at given that OCDO hasn't even been profitable |
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