Latest news with #OcadoGroup
Business Insider
19-07-2025
- Business
- Business Insider
Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Essity AB (OtherETTYF) and Ocado Group (OtherOCDGF)
Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on Essity AB (ETTYF – Research Report) and Ocado Group (OCDGF – Research Report). Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Essity AB (ETTYF) Kepler Capital analyst Karel Zoete maintained a Hold rating on Essity AB on July 17 and set a price target of SEK290.00. The company's shares closed last Thursday at $24.65. Zoete has an average return of 10.6% when recommending Essity AB. According to Zoete is ranked #8301 out of 9888 analysts. Currently, the analyst consensus on Essity AB is a Hold with an average price target of $28.68, representing a 12.9% upside. In a report issued on July 6, Jefferies also maintained a Hold rating on the stock with a SEK269.00 price target. Ocado Group (OCDGF) In a report issued on July 17, Robert Vink CFA from Kepler Capital maintained a Buy rating on Ocado Group, with a price target of p402.00. The company's shares closed last Wednesday at $3.12, close to its 52-week low of $2.83. According to CFA is ranked #5871 out of 9888 analysts.
Wall Street Journal
17-07-2025
- Business
- Wall Street Journal
Ocado Shares Jump After Technology Unit, M&S Retail Tie-Up Drive Swing to Pretax Profit
Shares in Ocado OCDO 11.63%increase; green up pointing triangle Group jumped after the company said it swung to a first-half pretax profit, driven by surging revenue at its joint venture with retailer Marks & Spencer MKS 0.61%increase; green up pointing triangle and a doubling of earnings at its technology arm. In early trading Thursday, London-listed shares in the online grocer and retail-technology specialist jumped 10% at 2.61 pounds. Shares trade 13.7% lower year-to-date.
Business Insider
12-07-2025
- Business
- Business Insider
Ocado Group (OCDGF) Gets a Buy from Kepler Capital
In a report released on July 10, Robert Vink CFA from Kepler Capital maintained a Buy rating on Ocado Group, with a price target of p402.00. The company's shares closed yesterday at $3.20. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Vink CFA is a 2-star analyst with an average return of 1.2% and a 45.16% success rate. Currently, the analyst consensus on Ocado Group is a Moderate Sell with an average price target of $3.10.
Sky News
02-06-2025
- Business
- Sky News
Ex-BT chief Patterson sounded out about £300m Waves Audio float
A former BT Group chief is being lined up to steer an audio technology business used by many of the world's leading musicians through a £300m London flotation. Sky News has learnt that Gavin Patterson, who now sits on various boards including Ocado Group, is in talks to chair Waves Audio ahead of a listing which could come as soon as next month. City sources said an agreement between the company and Mr Patterson had yet to be finalised. Sky News revealed several weeks ago that Waves Audio, which is headquartered in Israel, had hired bankers from Panmure Liberum to oversee an initial public offering (IPO). The company, which is majority-owned by founders Meir Sha'ashua and Gilad Keren, is expected to raise millions of pounds from the sale of new shares, although the details have yet to be finalised. Waves Audio makes professional digital audio signal processing technology and audio effects used in recordings, mixing, mastering, post-production, broadcasting and live sound. It employs more than 200 people, and has a major international presence, including in Europe and the US. A successful float on London's main market would be a relative rarity given the depressed level of IPO activity in the last couple of years. Data compiled by EY, the professional services firm, showed that there were just five new listings on the London market in the first quarter of the year. Pessimism about the outlook for flotations has been compounded by a steady trickle of companies cancelling their London listings or shifting them overseas - with drugmaker Indivior the latest to abandon the City on Monday. The UK market's biggest hope - that Shein, the Chinese-founded online fashion retailer, would defy the impact of US President Donald Trump's tariffs and list in London - appears to have been dashed, with reports last week suggesting that it would float in Hong Kong instead.
Yahoo
27-05-2025
- Business
- Yahoo
Ocado Group (LON:OCDO shareholders incur further losses as stock declines 6.4% this week, taking five-year losses to 88%
Long term investing is the way to go, but that doesn't mean you should hold every stock forever. It hits us in the gut when we see fellow investors suffer a loss. Anyone who held Ocado Group plc (LON:OCDO) for five years would be nursing their metaphorical wounds since the share price dropped 88% in that time. And we doubt long term believers are the only worried holders, since the stock price has declined 36% over the last twelve months. The falls have accelerated recently, with the share price down 21% in the last three months. We really hope anyone holding through that price crash has a diversified portfolio. Even when you lose money, you don't have to lose the lesson. If the past week is anything to go by, investor sentiment for Ocado Group isn't positive, so let's see if there's a mismatch between fundamentals and the share price. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Ocado Group isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size. In the last half decade, Ocado Group saw its revenue increase by 1.7% per year. That's not a very high growth rate considering it doesn't make profits. It's not so sure that share price crash of 13% per year is completely deserved, but the market is doubtless disappointed. While we're definitely wary of the stock, after that kind of performance, it could be an over-reaction. We'd recommend focussing any further research on the likelihood of profitability in the foreseeable future, given the muted revenue growth. The company's revenue and earnings (over time) are depicted in the image below (click to see the exact numbers). You can see how its balance sheet has strengthened (or weakened) over time in this free interactive graphic. Ocado Group shareholders are down 36% for the year, but the market itself is up 6.4%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 13% per year over five years. We realise that Baron Rothschild has said investors should "buy when there is blood on the streets", but we caution that investors should first be sure they are buying a high quality business. It's always interesting to track share price performance over the longer term. But to understand Ocado Group better, we need to consider many other factors. Case in point: We've spotted 2 warning signs for Ocado Group you should be aware of. If you are like me, then you will not want to miss this free list of undervalued small caps that insiders are buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on British exchanges. 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.
