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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
LON:CGS

Castings (CGS) Share Price, News & Analysis

GBX 331
-5.00 (-1.49%)
(As of 03/28/2024 ET)
Today's Range
331
331
50-Day Range
324
370
52-Week Range
320
428
Volume
16,651 shs
Average Volume
37,992 shs
Market Capitalization
£143.85 million
P/E Ratio
945.71
Dividend Yield
5.44%
Price Target
GBX 550

Castings MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
66.9% Upside
GBX 550 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.71mentions of Castings in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.70 out of 5 stars

CGS stock logo

About Castings Stock (LON:CGS)

Castings P.L.C. engages in the iron casting and machining activities. It operates through Foundry Operations and Machining Operations segments. The company offers ductile iron, spheroidal graphite iron, austempered ductile iron, SiMo, and Ni-resist castings. It also provides fertilising solution annealing, pearlitic quench and temper, temper softening, and austempering heat treatment services; automotive standard e-coat and powder coating, galvanising, plating, gas based surface treatment, and plastic and metal spray coating services; and assembly and insulation services. The company primarily serves the commercial vehicle, automotive, and other markets in the United Kingdom, Germany, Sweden, the Netherlands, rest of Europe, North and South America, and internationally. Castings P.L.C. was founded in 1835 and is based in Brownhills, the United Kingdom.

CGS Stock Price History

CGS Stock News Headlines

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Castings PLC (CGS)
Castings PLC
This consistently signaled gains of 453%... 610%... and even 1036%...
It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.
Castings Launches Share Buyback Program
See More Headlines
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Company Calendar

Last Earnings
6/10/2020
Ex-Dividend for 1/4 Dividend
11/23/2023
Dividend Payable
1/04/2024
Today
3/28/2024

Industry, Sector and Symbol

Industry
Specialty Industrial Machinery
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
1,251
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
GBX 550
High Stock Price Target
GBX 550
Low Stock Price Target
GBX 550
Potential Upside/Downside
+63.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
£15.44 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
£226.72 million
Cash Flow
GBX 56.41 per share
Book Value
GBX 291 per share

Miscellaneous

Free Float
N/A
Market Cap
£146.16 million
Optionable
Not Optionable
Beta
0.58
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CGS Stock Analysis - Frequently Asked Questions

Should I buy or sell Castings stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Castings in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CGS shares.
View CGS analyst ratings
or view top-rated stocks.

What is Castings' stock price target for 2024?

2 Wall Street research analysts have issued 12 month price targets for Castings' shares. Their CGS share price targets range from GBX 550 to GBX 550. On average, they predict the company's share price to reach GBX 550 in the next year. This suggests a possible upside of 66.9% from the stock's current price.
View analysts price targets for CGS
or view top-rated stocks among Wall Street analysts.

How have CGS shares performed in 2024?

Castings' stock was trading at GBX 365 at the beginning of the year. Since then, CGS stock has decreased by 9.7% and is now trading at GBX 329.46.
View the best growth stocks for 2024 here
.

How were Castings' earnings last quarter?

Castings P.L.C. (LON:CGS) released its quarterly earnings data on Wednesday, June, 10th. The company reported $23.05 EPS for the quarter, missing analysts' consensus estimates of $24.80 by $1.75. Castings had a trailing twelve-month return on equity of 12.26% and a net margin of 6.81%.

How often does Castings pay dividends? What is the dividend yield for Castings?

Castings declared a dividend on Tuesday, November 14th. Investors of record on Thursday, November 23rd will be paid a dividend of GBX 4.13 per share on Thursday, January 4th. This represents a dividend yield of 1.12%. The ex-dividend date is Thursday, November 23rd. The official announcement can be accessed at this link.
Read our dividend analysis for CGS
.

Is Castings a good dividend stock?

Castings (LON:CGS) pays an annual dividend of GBX 18 per share and currently has a dividend yield of 5.22%. CGS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 5,142.86%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CGS.

What other stocks do shareholders of Castings own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Castings investors own include Autodesk (ADSK), Merck & Co., Inc. (MRK), Avation (AVAP) and Alaska Air Group (ALK).

How do I buy shares of Castings?

Shares of CGS stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:CGS) was last updated on 3/28/2024 by MarketBeat.com Staff

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