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Share Name Share Symbol Market Type Share ISIN Share Description
Tesco Plc LSE:TSCO London Ordinary Share GB00BLGZ9862 ORD 6 1/3P
  Price Change % Change Share Price Shares Traded Last Trade
  0.10 0.04% 246.50 10,117,096 16:35:02
Bid Price Offer Price High Price Low Price Open Price
245.80 246.00 246.90 244.90 246.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Food & Drug Retailers 61,344.00 2,033.00 19.34 12.7 18,942
Last Trade Time Trade Type Trade Size Trade Price Currency
17:59:22 O 2,460 245.151 GBX

Tesco (TSCO) Latest News (1)

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Tesco (TSCO) Discussions and Chat

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Date Time Title Posts
06/2/202321:28TESCO28,027
11/9/202214:11SUPERMARKETS BLOODBATH HAS STARTED30
11/3/202215:26TESCO (MODERATED)124
20/4/202115:13TESCO BOMBSHELL NUMBER TWO26
23/3/202109:49PRICE MANIPULATION9

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Tesco (TSCO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2023-02-06 17:59:47245.152,4606,030.71O
2023-02-06 17:58:39246.04214,808528,513.60O
2023-02-06 17:56:58246.5040,41699,625.44O
2023-02-06 17:52:53246.5311,72628,907.52O
2023-02-06 17:51:06245.825821,430.69O
View all Tesco trades in real-time

Tesco (TSCO) Top Chat Posts

Top Posts
Posted at 06/2/2023 08:20 by Tesco Daily Update
Tesco Plc is listed in the Food & Drug Retailers sector of the London Stock Exchange with ticker TSCO. The last closing price for Tesco was 246.40p.
Tesco Plc has a 4 week average price of 238p and a 12 week average price of 220p.
The 1 year high share price is 300.30p while the 1 year low share price is currently 194.35p.
There are currently 7,684,227,120 shares in issue and the average daily traded volume is 24,802,400 shares. The market capitalisation of Tesco Plc is £18,941,619,850.80.
Posted at 30/1/2023 20:06 by yump
viscount1

;-)

Sooner or later the folk with issues start posting on every thread - takes a while to disconnect, which I have done now. I guess they all have various 'triggers' that set them off.

Share price is quite odd - not sure where it might go next or why.

Posted at 24/1/2023 09:03 by yump
What’s the share price up to ? Difficult to read - was expecting a drop to 240 area at some point
Posted at 17/1/2023 13:20 by yump
Looks like the volume on 3rd sent it up. This looks like a response to the share price being roughly half way back to 300p.
Posted at 07/1/2023 12:53 by rovi70
I've never understood why buybacks are said to be a way of 'returning money to shareholders'. They don't. They could seem to enhance EPS longer term - which MIGHT then cause an increase in the share price - but in the meantime cash which could come back as dividends will as the company has spent supposed for you on its own shares ! So the money virtual disappears. Cash gone.
Posted at 30/12/2022 10:47 by konradpuss
Logan, I really think it is all about intrinsic value. The company should not have been buying back earlier this year at circa £3. They could have gone in BIG at anything around £2 as did one of their largest holders who went from 3% to circa 5% of ownership when the share price tanked..
Posted at 30/12/2022 10:35 by loganair
Another problem with share buy backs is that the company just gives the broker a certain amount of money, then broker buys a certain cash value of shares each day irrespective of the share price.

What I would like to see is a company say Tesco tell its broker to only buy back shares when ever the share price falls below a certain price. For Tesco maybe buy back when ever the share price is below 210p or 200p etc.

Posted at 29/12/2022 22:48 by clive7878
With a share buyback each share left should be worth more. But the share buy back to make any real difference in a higher share price needs to be significant money.
I myself would prefer a special dividend - real cash in shareholders pockets.
Share price in Jan £3.00 now £2.24.
There is nothing for Tesco to buy at present.

Posted at 28/12/2022 23:20 by loganair
The problem I see with most share buy backs is they're carried out when the share price is high and often bought with debt. It was share buy backs that destroyed GE of the US. By 2015 GE had spent twice as much on its share buy backs then the company's market cap.

This is why I would only like to see a company buying back its shares when for example the share price is more than 30% below its three year high. When the stock market crash in March 2020 was a very good time to conduct share buy backs as this was when many companies share prices were at multi year lows.

Share buy backs also show that the management of a company do not know what to do with any spare cash, they could invest for organic growth etc.

Posted at 10/10/2022 10:33 by richie1218
Tesco shares higher after leading investment bank lends its support to the investment thesis
Barclays Capital repeated its 'overweight' recommendation on the stock

Shares in the supermarket chain Tesco PLC (LSE:TSCO) were 1.5% higher after an upbeat note from Barclays Capital that provided some support for the stock in the wake of last week’s interims.

The first-half figures were accompanied by a warning that its operating profit would be towards the lower end of guidance for 2022.

This was counterbalanced (to an extent) by an upgrade to its forecast for free cash flow.

Against a backdrop of rocketing inflation and the cost-of-living squeeze, Barclays reckoned the food retailer’s performance had been resilient.

“Tesco's 1H [first half] results were not rewarded in terms of the short-term share price reaction, but we think that if the company can continue to broadly hold its market share steady and generate cash within its target range then the shares will be re-rated over time,” the investment banking arm of the high street lender said.

It repeated its ‘overweight217; recommendation and 325p a share price target.

Mid-morning the shares were up 3p at 203.7p.

Posted at 06/10/2022 11:18 by richie1218
Can Tesco shares go much lower? Tesco share slide indicates UK retail pressures.

It has been a bad couple of months for Tesco (TSCOI). The supermarket giant has seen its share price hit a five-year low.

The share price currently languishes around the 202p mark; compared to a previous low of 223p back in November 2017.

And in late August this year, the stock was priced around 270p before a steady descent to the current level.

The latest dip in share price follows Tesco trimming its profit forecasts for the year.

It now expects adjusted retail profits to come in at between £2.4bn and £2.5bn. Tesco had previously indicated they could go as high as £2.6bn.

In its interim results this week Tesco revealed adjusted operating profit was £1.24bn - down 10% from £1.38bn last year.

The company also confirmed it would freeze the price of over 1,000 items until 2023 to help customers through the current cost-of- living crisis.

This move has demonstrated that the company is prepared to sacrifice some profit in favour of protecting market share.

Russ Mould, investment director at AJ Bell argues that in an environment where consumers are being assailed from all sides by mounting energy bills, rising interest rates and higher costs for all manner of goods and services, companies selling essential staples rather than discretionary items are better placed.

“However, that doesn’t mean Tesco is immune from the weak consumer backdrop as its modestly lowered profit guidance reveals,” he says.

“Tesco has to try and offer attractive prices to stave off the competitive threat from the German discounters Aldi and Lidl and while it can rely on its purchasing power to some extent, it is still having to sacrifice margins to meet this challenge.

“On the plus side, Tesco is entering a difficult period with a decent market position and solid balance sheet”.

However, Mould adds that it is hard to see the coming months as anything other than extremely difficult, with cost inflation affected not only by higher energy and labour costs but also the cost of importing goods from overseas thanks to the lower sterling.

“The profitability of its online shopping business, which seemed to finally come into its own during the pandemic, will also be affected as smaller basket sizes still cost the same to deliver,” he says.

Sector-wide pressures
Danni Hewson, financial analyst at AJ Bell also predicts tough times for Tesco - and other UK retailers in the same space.

“Tesco’s whopping fall in pre-tax profits and warnings that shoppers are watching every penny sent its shares tumbling and pulled Sainsbury (SBRY) and Ocado (OCDO) down with it.

“Concerns about how far consumers might have to cut back when all of winter’s pressures get a grip is a big worry for all retailers and with bellwether Next (NXT) sending up warning flares, the upcoming earnings season is likely to deliver quite the blow to market sentiment”.

With Tesco at such a low valuation, does it offer investors an opportunity to buy the blue chip stock on the cheap?

While there could be more pain in store for Tesco yet, for those seeing the company as a long-term play, there could be some value to be had at the current price level.

Marketbeat shows the consensus analyst rating for Tesco is a ‘moderate buy’ with a consensus target price of 310.83p.

Tesco share price data is direct from the London Stock Exchange
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