Latest news with #IBST
Yahoo
a day ago
- Business
- Yahoo
It Might Not Be A Great Idea To Buy Ibstock plc (LON:IBST) For Its Next Dividend
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that Ibstock plc (LON:IBST) is about to go ex-dividend in just 3 days. The ex-dividend date is two business days before a company's record date in most cases, which is the date on which the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade can take two business days or more to settle. This means that investors who purchase Ibstock's shares on or after the 21st of August will not receive the dividend, which will be paid on the 15th of September. The company's next dividend payment will be UK£0.015 per share, on the back of last year when the company paid a total of UK£0.04 to shareholders. Calculating the last year's worth of payments shows that Ibstock has a trailing yield of 2.8% on the current share price of UK£1.436. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! As a result, readers should always check whether Ibstock has been able to grow its dividends, or if the dividend might be cut. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. Ibstock paid out 130% of profit in the past year, which we think is typically not sustainable unless there are mitigating characteristics such as unusually strong cash flow or a large cash balance. A useful secondary check can be to evaluate whether Ibstock generated enough free cash flow to afford its dividend. The company paid out 98% of its free cash flow over the last year, which we think is outside the ideal range for most businesses. Companies usually need cash more than they need earnings - expenses don't pay themselves - so it's not great to see it paying out so much of its cash flow. As Ibstock's dividend was not well covered by either earnings or cash flow, we would be concerned that this dividend could be at risk over the long term. See our latest analysis for Ibstock Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Have Earnings And Dividends Been Growing? When earnings decline, dividend companies become much harder to analyse and own safely. Investors love dividends, so if earnings fall and the dividend is reduced, expect a stock to be sold off heavily at the same time. Ibstock's earnings per share have fallen at approximately 28% a year over the previous five years. Such a sharp decline casts doubt on the future sustainability of the dividend. Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. Ibstock has seen its dividend decline 1.1% per annum on average over the past nine years, which is not great to see. The Bottom Line Is Ibstock worth buying for its dividend? Not only are earnings per share declining, but Ibstock is paying out an uncomfortably high percentage of both its earnings and cashflow to shareholders as dividends. This is a clearly suboptimal combination that usually suggests the dividend is at risk of being cut. If not now, then perhaps in the future. With the way things are shaping up from a dividend perspective, we'd be inclined to steer clear of Ibstock. So if you're still interested in Ibstock despite it's poor dividend qualities, you should be well informed on some of the risks facing this stock. Every company has risks, and we've spotted 2 warning signs for Ibstock (of which 1 is a bit concerning!) you should know about. Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Business Insider
21-06-2025
- Business
- Business Insider
Ibstock (IBST) Gets a Buy from Jefferies
In a report released yesterday, Priyal Woolf from Jefferies maintained a Buy rating on Ibstock (IBST – Research Report), with a price target of £1.90. The company's shares closed yesterday at p151.40. Confident Investing Starts Here: According to TipRanks, Woolf is ranked #8378 out of 9595 analysts. Currently, the analyst consensus on Ibstock is a Strong Buy with an average price target of p213.20, which is a 40.82% upside from current levels. In a report released on June 12, Deutsche Bank also maintained a Buy rating on the stock with a £2.20 price target. Based on Ibstock's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p188.02 million and a net profit of p6.5 million. In comparison, last year the company earned a revenue of p183.11 million and had a GAAP net loss of p1.34 million Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IBST in relation to earlier this year.
Yahoo
15-04-2025
- Business
- Yahoo
Ibstock Full Year 2024 Earnings: EPS Misses Expectations
Revenue: UK£366.2m (down 9.8% from FY 2023). Net income: UK£15.1m (down 28% from FY 2023). Profit margin: 4.1% (down from 5.2% in FY 2023). EPS: UK£0.038 (down from UK£0.054 in FY 2023). Our free stock report includes 1 warning sign investors should be aware of before investing in Ibstock. Read for free now. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 23%. The primary driver behind last 12 months revenue was the Clay segment contributing a total revenue of UK£248.8m (68% of total revenue). Notably, cost of sales worth UK£251.9m amounted to 69% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£43.3m (44% of total expenses). Explore how IBST's revenue and expenses shape its earnings. Looking ahead, revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Basic Materials industry in the United Kingdom. Performance of the British Basic Materials industry. The company's shares are up 12% from a week ago. You should learn about the 1 warning sign we've spotted with Ibstock. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
15-04-2025
- Business
- Yahoo
Ibstock Full Year 2024 Earnings: EPS Misses Expectations
Revenue: UK£366.2m (down 9.8% from FY 2023). Net income: UK£15.1m (down 28% from FY 2023). Profit margin: 4.1% (down from 5.2% in FY 2023). EPS: UK£0.038 (down from UK£0.054 in FY 2023). Our free stock report includes 1 warning sign investors should be aware of before investing in Ibstock. Read for free now. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 23%. The primary driver behind last 12 months revenue was the Clay segment contributing a total revenue of UK£248.8m (68% of total revenue). Notably, cost of sales worth UK£251.9m amounted to 69% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to UK£43.3m (44% of total expenses). Explore how IBST's revenue and expenses shape its earnings. Looking ahead, revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Basic Materials industry in the United Kingdom. Performance of the British Basic Materials industry. The company's shares are up 12% from a week ago. You should learn about the 1 warning sign we've spotted with Ibstock. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
