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TSCO Tesco Plc

288.90
-0.90 (-0.31%)
Last Updated: 09:34:48
Delayed by 15 minutes
Tesco Investors - TSCO

Tesco Investors - TSCO

Share Name Share Symbol Market Stock Type
Tesco Plc TSCO London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.90 -0.31% 288.90 09:34:48
Open Price Low Price High Price Close Price Previous Close
290.80 288.90 292.70 289.80
more quote information »
Industry Sector
FOOD & DRUG RETAILERS

Top Investor Posts

Top Posts
Posted at 25/4/2024 22:05 by philanderer
Daily Telegraph Questor tip

Questor says: buy

Ticker: TSCO

Share price at close: 289.8p
Posted at 23/3/2024 09:57 by johnwise
Roll on November welcome back Mr President.

Donald Trump could get £2.6bn windfall after investors approve plans to take his social media platform public

Trump Media & Technology Group (TMTG) – the firm behind the former US president's Truth Social site – is expected to list on New York's Nasdaq exchange next week.
Posted at 08/3/2024 06:48 by superiorshares
pus
I think shares have lifted a little due to the expected interest rate reductions.
In the EU that will happen, it's a basket case.
In the US they are all talking about June?
That I wouldn't bet on.
Although there will probably be some election interest rate cuts by those independent Central Banks. I think it's all ready well and truly in the price.
It's the SHRINK that Investors in Tesco need to keep a close eye on.

TRUMP2024
SS
Posted at 23/2/2024 06:45 by hazl
Yes recession talk and so on.
Posted at 03/2/2024 16:05 by superiorshares
Investors
The jobs data coming out of the States suggests over the pond you may get no interest rate cuts this year?
SS
Posted at 04/1/2024 20:29 by geckotheglorious
"What to expect from Tesco at next week’s update"
After a strong 2023, shares in the UK’s biggest supermarket trade near a two-year high. But what will be revealed in its trading update for Christmas and the third quarter?

A “cool, calm and collected” Tesco has been backed to post strong Christmas sales figures as a City bank today highlighted the potential for shares to go 17% higher.

A note by Jefferies previewing next week’s trading update adds that Tesco’s “ample and consistent” levels of cash generation should resonate strongly with investors.

The bank expects UK retail like-for-like sales growth of 4.9% over Christmas, rising to 7% across the third quarter. That’s ahead of the consensus view of 3.5% and 6% respectively.

Earlier this week, Kantar Worldpanel reported the supermarket sector’s best December since 2019 as Tesco gained 0.1 percentage points of share to now hold 27.6% of the market.

With Jefferies not ruling out upgrades to Tesco’s cash generation and earnings guidance in the 11 January update, it said the market leader entered 2024 in a “sure-footed manner”.

Shares have risen by about 25% to above 300p in the past year but the base case of Jefferies analysts is a decade high valuation of 350p. The upside scenario is 420p, the downside 280p.

The bank regards the shares as still undervalued on less than 12 times 2024 earnings and a free cash flow yield of about 9%. It highlights the potential for 5% buybacks annually from next year and “appreciable” dividend distributions on a yield above 4%.

It added: “We remain of the view that the broader competitive context should support solid earnings progress at Tesco, and ample and consistent levels of free cash generation.”

Tesco told investors at October’s interim results that it expects free cash flow of between £1.8 billion and £2 billion this year, ahead of medium-term guidance of £1.4 billion-£1.8 billion.

Jefferies said it has written extensively about the improving relative strength of Tesco’s customer offering, which should support strong levels of cash generation.

It continued: “The recent change in rates expectations has driven investors' interest towards more cyclically geared UK peers. This may start changing if progress on inflationary challenges becomes more gradual, and the employment outlook continues to normalise.

“In this context Tesco’s absolute attractions should resonate even more strongly with investors at a time when the group's absolute and relative valuation remain supportive.”

Jefferies continues to model for retail earnings of £2.76 billion in the financial year to the end of next month, above current guidance of between £2.6 billion and £2.7 billion and the City consensus of £2.72 billion.
Posted at 04/1/2024 12:09 by helen troy
The buyback program is a commitment. You can't switch it off and on at will. https://www.tescoplc.com/investors/shareholder-centre/share-buyback-programme/
Posted at 03/10/2023 19:55 by johnwise
Buying back stock can also be an easy way to make a business look more attractive to investors.
By reducing the number of outstanding shares, a company's earnings per share (EPS) ratio is automatically increased—because its annual earnings are now divided by a lower number of outstanding shares.

For example, a company that earns $10 million in a year with 100,000 outstanding shares has an EPS of $100. However, if it repurchases 10,000 of those shares, reducing its total outstanding shares to 90,000, its EPS increases to $111.11 without any actual increase in earnings.
Posted at 06/9/2023 19:00 by superiorshares
Philanderer
I agree there Tesco longer term , investors should do OK.
It's picking a low point - how low will it go ?
Posted at 06/9/2023 13:39 by philanderer
D Telegraph Questor column - 'BUY'

Britain’s economic pain will be temporary and investors who look beyond it will be well rewarded


Questor share tip: This is the time to buy stocks such as Tesco, whose risk/reward ratio is highly appealing on a long-term view

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