QQQ   431.10 (+0.01%)
AAPL   169.38 (-1.92%)
MSFT   414.58 (+0.23%)
META   499.76 (-0.09%)
GOOGL   154.40 (-0.30%)
AMZN   183.32 (-0.16%)
TSLA   157.11 (-2.71%)
NVDA   874.15 (+1.64%)
AMD   163.46 (+1.96%)
NIO   3.81 (-2.06%)
BABA   69.61 (-1.43%)
T   16.10 (-0.86%)
F   12.09 (-1.14%)
MU   121.77 (+0.33%)
GE   156.76 (+1.99%)
CGC   6.70 (-4.01%)
DIS   113.88 (+0.82%)
AMC   2.72 (+10.12%)
PFE   25.69 (-0.85%)
PYPL   63.43 (-0.13%)
XOM   118.69 (-0.83%)
QQQ   431.10 (+0.01%)
AAPL   169.38 (-1.92%)
MSFT   414.58 (+0.23%)
META   499.76 (-0.09%)
GOOGL   154.40 (-0.30%)
AMZN   183.32 (-0.16%)
TSLA   157.11 (-2.71%)
NVDA   874.15 (+1.64%)
AMD   163.46 (+1.96%)
NIO   3.81 (-2.06%)
BABA   69.61 (-1.43%)
T   16.10 (-0.86%)
F   12.09 (-1.14%)
MU   121.77 (+0.33%)
GE   156.76 (+1.99%)
CGC   6.70 (-4.01%)
DIS   113.88 (+0.82%)
AMC   2.72 (+10.12%)
PFE   25.69 (-0.85%)
PYPL   63.43 (-0.13%)
XOM   118.69 (-0.83%)
QQQ   431.10 (+0.01%)
AAPL   169.38 (-1.92%)
MSFT   414.58 (+0.23%)
META   499.76 (-0.09%)
GOOGL   154.40 (-0.30%)
AMZN   183.32 (-0.16%)
TSLA   157.11 (-2.71%)
NVDA   874.15 (+1.64%)
AMD   163.46 (+1.96%)
NIO   3.81 (-2.06%)
BABA   69.61 (-1.43%)
T   16.10 (-0.86%)
F   12.09 (-1.14%)
MU   121.77 (+0.33%)
GE   156.76 (+1.99%)
CGC   6.70 (-4.01%)
DIS   113.88 (+0.82%)
AMC   2.72 (+10.12%)
PFE   25.69 (-0.85%)
PYPL   63.43 (-0.13%)
XOM   118.69 (-0.83%)
QQQ   431.10 (+0.01%)
AAPL   169.38 (-1.92%)
MSFT   414.58 (+0.23%)
META   499.76 (-0.09%)
GOOGL   154.40 (-0.30%)
AMZN   183.32 (-0.16%)
TSLA   157.11 (-2.71%)
NVDA   874.15 (+1.64%)
AMD   163.46 (+1.96%)
NIO   3.81 (-2.06%)
BABA   69.61 (-1.43%)
T   16.10 (-0.86%)
F   12.09 (-1.14%)
MU   121.77 (+0.33%)
GE   156.76 (+1.99%)
CGC   6.70 (-4.01%)
DIS   113.88 (+0.82%)
AMC   2.72 (+10.12%)
PFE   25.69 (-0.85%)
PYPL   63.43 (-0.13%)
XOM   118.69 (-0.83%)
OTCMKTS:ASBFY

Associated British Foods (ASBFY) Stock Price, News & Analysis

$29.75
0.00 (0.00%)
(As of 04/15/2024 ET)
Today's Range
$29.75
$30.25
50-Day Range
$28.03
$31.75
52-Week Range
$22.38
$32.79
Volume
5,592 shs
Average Volume
8,491 shs
Market Capitalization
$22.40 billion
P/E Ratio
N/A
Dividend Yield
3.60%
Price Target
N/A
ASBFY stock logo

About Associated British Foods Stock (OTCMKTS:ASBFY)

Associated British Foods plc operates as a diversified food, ingredients, and retail company worldwide. It operates through five segments: Grocery, Ingredients, Agriculture, Sugar, and Retail. The Grocery segment manufactures and sells grocery products, including hot beverages, sugar and sweeteners, vegetable oils, balsamic vinegars, bread and baked goods, cereals, ethnic foods, and meat products to retail, wholesale, and foodservice businesses. The Ingredients segment manufactures bakers' yeast, bakery ingredients, enzymes, lipids, yeast extracts, and cereal specialties. The Agriculture segment manufactures and sells animal feeds; and provides other products and services for the agriculture sector. The Sugar segment is involved in growing, processing, and selling sugar beet and sugar cane to industrial users. The Retail segment is involved in buying and merchandising clothing and accessories through the Primark and Penneys retail chains, which offer women's, men's, and kids wear, as well as beauty, homeware, and accessories. The company was incorporated in 1934 and is headquartered in London, the United Kingdom. Associated British Foods plc operates as a subsidiary of Wittington Investments Limited.

ASBFY Stock Price History

ASBFY Stock News Headlines

Can't believe it's happening again
One of the single most unique and powerful events in the markets is coming in the next two months. It’s scheduled for April 22, 2024. But investors are moving now to get ahead of what’s coming… driving up prices of one asset dramatically. And you should do the same.
Associated British Foods PLC ADR
Can't believe it's happening again
One of the single most unique and powerful events in the markets is coming in the next two months. It’s scheduled for April 22, 2024. But investors are moving now to get ahead of what’s coming… driving up prices of one asset dramatically. And you should do the same.
Where Primark is opening its five new UK stores
Associated British Foods PLC
Primark festive sales rise after warm autumn weather hit
Associated British Foods PLC's Dividend Analysis
FTSE and European stocks lower as Wall Street rally fades
See More Headlines
Receive ASBFY Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Associated British Foods and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 1/29 Dividend
12/14/2023
Dividend Payable
1/29/2024
Today
4/16/2024
Fiscal Year End
9/30/2024

Industry, Sector and Symbol

Industry
Private households
Sub-Industry
N/A
Current Symbol
OTCMKTS:ASBFY
CIK
N/A
Employees
133,000
Year Founded
1935

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$25.01 billion
Cash Flow
$3.23 per share
Book Value
$17.87 per share

Miscellaneous

Free Float
N/A
Market Cap
$22.40 billion
Optionable
Not Optionable
Beta
1.39

Social Links

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report

Key Executives

  • Mr. George Garfield Weston (Age 60)
    CEO & Executive Director
    Comp: $2.9M
  • Mr. Eoin P. Tonge B Eng (Age 52)
    B.E., Finance Director & Director
    Comp: $4.82M
  • Ms. Sue Whalley (Age 60)
    Chief People & Performance Officer
  • Mr. Paul A. Lister L.L.B. (Age 60)
    Company Secretary
  • Mr. Paul Marchant
    Chief Executive Officer of Primark/Penneys
  • Ms. Lynne Walker
    Director of Primark Cares
  • Ms. Katharine Stewart
    Ethical Trade & Environmental Sustainability Director

Should I Buy Associated British Foods Stock? ASBFY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Associated British Foods plc:

  • Associated British Foods operates as a diversified company with segments in Grocery, Ingredients, Agriculture, Sugar, and Retail, providing investors exposure to multiple sectors within the food industry.
  • Primark, a retail chain owned by Associated British Foods, has been driving strong sales, showcasing the company's ability to adapt and succeed in the retail market.
  • The company's involvement in the agriculture sector, manufacturing animal feeds and providing agricultural products and services, offers stability and diversification to its revenue streams.
  • Associated British Foods' global presence allows investors to benefit from international market opportunities and potential growth in various regions.
  • Despite challenging market conditions, the company's ability to maintain strong sales across its operations indicates resilience and potential for long-term growth.

Cons

Investors should be bearish about investing in Associated British Foods plc for these reasons:

  • Fluctuations in commodity prices, such as sugar and vegetable oils, could impact the company's profitability and financial performance.
  • The grocery industry is highly competitive, with potential margin pressures and changing consumer preferences affecting sales and revenue.
  • Global economic uncertainties and trade tensions may pose risks to Associated British Foods' international operations and supply chains.
  • The company's exposure to the retail sector, particularly in clothing and accessories through Primark, is subject to fashion trends and consumer spending habits, which can be volatile.
  • Investors should consider the current stock price of Associated British Foods and evaluate whether it aligns with their investment goals and risk tolerance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Associated British Foods pros and cons to contact@marketbeat.com.

ASBFY Stock Analysis - Frequently Asked Questions

Should I buy or sell Associated British Foods stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Associated British Foods in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ASBFY shares.
View ASBFY analyst ratings
or view top-rated stocks.

How have ASBFY shares performed in 2024?

Associated British Foods' stock was trading at $30.2950 at the beginning of 2024. Since then, ASBFY stock has decreased by 1.8% and is now trading at $29.75.
View the best growth stocks for 2024 here
.

Are investors shorting Associated British Foods?

Associated British Foods saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 2,100 shares, an increase of 110.0% from the March 15th total of 1,000 shares. Based on an average daily trading volume, of 10,500 shares, the days-to-cover ratio is currently 0.2 days.
View Associated British Foods' Short Interest
.

How often does Associated British Foods pay dividends? What is the dividend yield for Associated British Foods?

Associated British Foods declared a dividend on Tuesday, November 14th. Investors of record on Friday, December 15th will be paid a dividend of $0.5116 per share on Monday, January 29th. The ex-dividend date of this dividend is Thursday, December 14th. This is an increase from the stock's previous dividend of $0.14.
Read our dividend analysis for ASBFY
.

Is Associated British Foods a good dividend stock?

Associated British Foods (OTCMKTS:ASBFY) pays an annual dividend of $1.07 per share and currently has a dividend yield of 3.59%.
Read our dividend analysis for ASBFY.

How do I buy shares of Associated British Foods?

Shares of ASBFY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:ASBFY) was last updated on 4/16/2024 by MarketBeat.com Staff

From Our Partners