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WEIR Weir Group Plc

2,096.00
-6.00 (-0.29%)
Last Updated: 08:40:18
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Weir Group Plc LSE:WEIR London Ordinary Share GB0009465807 ORD 12.5P
  Price Change % Change Share Price Shares Traded Last Trade
  -6.00 -0.29% 2,096.00 16,258 08:40:18
Bid Price Offer Price High Price Low Price Open Price
2,094.00 2,098.00 2,110.00 2,096.00 2,106.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Pumps And Pumping Equipment 2.64B 227.9M 0.8778 23.97 5.46B
Last Trade Time Trade Type Trade Size Trade Price Currency
08:40:18 AT 129 2,096.00 GBX

Weir (WEIR) Latest News (1)

Weir (WEIR) Discussions and Chat

Weir Forums and Chat

Date Time Title Posts
10/7/202415:11Weir Group plc1,641
19/9/201621:09Analysts' View on Weir Group (WEIR)-
15/8/201420:44Zak Mir live Charting on TipTV offering a technical view on The Weir Group PLC 1
26/5/201411:06confuse1
11/2/200611:53220p support level or l;imit?37

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Weir (WEIR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
08:40:182,096.001292,703.84AT
08:39:482,099.40120.99O
08:33:402,102.002254,729.50AT
08:32:132,102.00801,681.60AT
08:32:052,102.0079716,752.94AT

Weir (WEIR) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Weir Daily Update
Weir Group Plc is listed in the Pumps And Pumping Equipment sector of the London Stock Exchange with ticker WEIR. The last closing price for Weir was 2,102p.
Weir currently has 259,612,052 shares in issue. The market capitalisation of Weir is £5,462,237,574.
Weir has a price to earnings ratio (PE ratio) of 23.97.
This morning WEIR shares opened at 2,106p
Posted at 08/12/2023 10:07 by philanderer
JPMorgan cuts Weir Group price target to 2,075 (2,400) pence - 'overweight'
Posted at 07/12/2023 00:28 by philanderer
Peel Hunt’s preliminary forecasts for 2026 suggest earnings of £620 million and a per share figure of 163p, a “significant step forward” should Weir make the 20% margin target.

The broker noted Weir’s compounding potential, given that demand for spares and expendables has resulted in annual after-market growth of 7% since 2011.

It said: “We have highlighted that we see Weir as one of the most compelling compound growth propositions in the sector. Today’s announcement reinforces this confidence.”

Peel Hunt’s target price of 2,530p puts Weir on a valuation multiple of 20 times 2024 earnings, compared with Swedish mining and infrastructure equipment firm Epiroc AB Share B (OMX:EPI B) on 23x.

Weir, which rejoined the FTSE 100 index last year has risen by about 15% since falling to 1,675p at the end of October.


II.CO.UK
Posted at 06/12/2023 15:23 by philanderer
Weir Group rose 3.3%, the best large-cap performer. It announced a 20% operating margin target for 2026, with the mining technology company upping its cost saving target.

It now targets £60 million in absolute savings in 2026, doubled from its previous £30 million aim.
Posted at 04/12/2023 13:44 by philanderer
'New study by Weir highlights big energy saving opportunity in mining'
Posted at 23/11/2023 15:09 by philanderer
Weir Group snaps up mining AI tech firm


Mining technology group Weir has announced it is buying SentianAI, a Sweden-based developer of AI tech that optimises minerals processing performance.

The deal, made for an undisclosed amount, is hoped to accelerate Weir's digital capabilities to provide "enhanced productivity and sustainability offerings to customers".

Based in Malmö, SentianAI's AI algorithms learn and adapt to the dynamic processes within a mine, providing continuous improvement and optimisation over time.

"Digital technology has an important role in helping address the challenges of declining ore grades, production efficiency, and CO2 emissions for our customers," said Weir chief executive Jon Stanton.

"SentianAI's advanced software solutions complement and will bridge our Synertrex® and Motion MetricsTM technologies well. Together, these will enable us to provide holistic performance monitoring and optimisation for smart, efficient and sustainable mining."


Sharecast.com
Posted at 06/11/2023 10:26 by philanderer
Weir becoming a growth compounder, says Peel Hunt


Engineering group Weir (WEIR) is evolving into a growth compounder, says Peel Hunt.

Analyst Harry Philips retained his ‘buy’ recommendation and target price of £25.30 on the Citywire Elite Companies AA-rated specialist oil engineer, which rose 1.7% to £17.49 at the end of last week.

He said the group showed ‘significant confidence’ in reiterating 2023 guidance for ‘strong organic revenue growth, a 17% operating margin, and 80-90% free operating cash conversion’.

‘Trading on a 2024 price to earnings of just 13 times, with a mid-to-high single-digit through-cycle revenue growth target and margins in the range of 17-20%, we believe this pure play mining equipment company offers a good opportunity,’ said Philips.

He thinks the fact the figures are underpinned by a recurring revenue profile given the stock’s ‘powerful and proven compounding theme’ makes Weir ‘one of our top picks in the sector’.

‘We believe the capital markets day on 6 December can be a catalyst in the rerating as the growth and compounding elements of the business become clear,’ he said.



Citywire.com
Posted at 08/9/2023 09:52 by philanderer
Deutsche Bank raises Weir price target to 2,165 (2,100) pence - 'hold'
Posted at 04/9/2023 08:49 by philanderer
Jefferies raises Weir price target to 2,330 (2,275) pence - 'buy'
Posted at 21/8/2023 13:29 by philanderer
Weir a compelling opportunity, says Peel Hunt


Industrial company Weir (WEIR) has an increasingly well-proven model, but the opportunities it offers are still not fully understood, with 75% of recurring revenues in markets that have to grow, said Peel Hunt analyst Harry Philips.

Interim results last week showed earnings after debt of £212m – which beat Peel Hunt’s £195m forecast – while the order book was up 2% to a record high of £1.3bn, underpinning the company’s journey to sustainably higher margins in the 17-20% range, he said.

He increased his full-year guidance to £460m with a 17% margin – up to £495m in 2024 and £535m in the following year – while earnings per share increased 5.4%, 4.3% and 4%, respectively. Net debt of £595m and leverage of 1.2 times falls to £290m and 0.5 times by the end of 2025, opening up multiple capital allocation options.

‘The recurring revenue content within Weir (75% aftermarket in process-critical applications) is evolving into a powerful and proven compounding theme,’ Philips said.

He raised the target price to £25.30. In a bad week for the UK stock market, shares in the Citywire Elite Company fell 4% last week to close at £17.72 on Friday.


citywire.com
Posted at 19/7/2023 08:53 by philanderer
JPMorgan raises Weir price target to 2,175 (2,040) pence - 'overweight'
Weir share price data is direct from the London Stock Exchange

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