Should I buy or sell Greggs stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Greggs in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" GRG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GRG, but not buy additional shares or sell existing shares. View GRG analyst ratings or view top-rated stocks .

What is Greggs' stock price target for 2024?

5 analysts have issued twelve-month price objectives for Greggs' shares. Their GRG share price targets range from GBX 2,500 to GBX 3,550. On average, they anticipate the company's stock price to reach GBX 3,075 in the next year. This suggests a possible upside of 11.5% from the stock's current price. View analysts price targets for GRG or view top-rated stocks among Wall Street analysts .

How have GRG shares performed in 2024?

Greggs' stock was trading at GBX 2,602 on January 1st, 2024. Since then, GRG stock has increased by 6.0% and is now trading at GBX 2,758. View the best growth stocks for 2024 here .

How were Greggs' earnings last quarter?

Greggs plc (LON:GRG) posted its quarterly earnings data on Tuesday, July, 28th. The company reported ($53.40) earnings per share (EPS) for the quarter. Greggs had a net margin of 7.87% and a trailing twelve-month return on equity of 29.17%.

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

Greggs announced a dividend on Tuesday, March 5th. Investors of record on Thursday, April 25th will be paid a dividend of GBX 86 per share on Friday, May 24th. This represents a yield of 3.17%. The ex-dividend date of this dividend is Thursday, April 25th. This is a positive change from the stock's previous dividend of GBX 16. The official announcement can be accessed at this link . Read our dividend analysis for GRG .

Is Greggs a good dividend stock?

Greggs (LON:GRG) pays an annual dividend of GBX 62 per share and currently has a dividend yield of 2.17%. The dividend payout ratio is 4,460.43%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for GRG .

What other stocks do shareholders of Greggs own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Greggs investors own include Intelsat (I) , Associated British Foods (ABF) , Chaarat Gold (CGH) , Fossil Group (FOSL) , Bank of America (BAC) , AMC Entertainment (AMC) , China Unicom (Hong Kong) (CHU) , easyJet (EZJ) , First Data (FDC) and Air Canada (AC) .

How do I buy shares of Greggs?

Shares of GRG 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 .

LON:GRG

Greggs (GRG) Share Price, News & Analysis

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Free GRG Stock Alerts

GBX 2,772.04

-23.96 (-0.86%)

(As of 01:44 PM ET)

Compare

Today's Range: 2,748
▼
2,804
50-Day Range: 2,662
▼
2,878
52-Week Range: 2,244
▼
2,914

Volume: 31,517 shs
Average Volume: 234,495 shs
Market Capitalization: £2.81 billion

P/E Ratio: 1,994.27
Dividend Yield: 2.24%
Price Target: GBX 3,075

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

Get Greggs alerts:

Greggs MarketRank™ Stock Analysis

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 11.5% Upside
GBX 3,075 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.91
Based on 12 Articles This Week
Insider Trading: Selling Shares
£49.66 M Sold Last Quarter
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.

1.37 out of 5 stars

2.2

Analyst's Opinion

Consensus Rating
Greggs has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Greggs has only been the subject of 1 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for GRG.

0.8

Dividend Strength

Dividend Yield
Greggs pays a meaningful dividend of 2.17%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Greggs does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Greggs is 4,460.43%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GRG.

3.8

News and Social Media Coverage

News Sentiment
Greggs has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.31 average news sentiment score of Consumer Defensive companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for Greggs this week, compared to 2 articles on an average week.
Search Interest
1 people have searched for GRG on MarketBeat in the last 30 days.
MarketBeat Follows
3 people have added Greggs to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Greggs insiders have sold 27,519.88% more of their company's stock than they have bought. Specifically, they have bought £1,797.90 in company stock and sold £496,577.90 in company stock.
Percentage Held by Insiders
Only 5.88% of the stock of Greggs is held by insiders.
Percentage Held by Institutions
64.80% of the stock of Greggs is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Greggs is 1,984.17, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 131.84.
Price to Earnings Ratio vs. Sector
The P/E ratio of Greggs is 1,984.17, which means that it is trading at a more expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 244.53.
Price to Earnings Growth Ratio
Greggs has a PEG Ratio of 3.39. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Greggs has a P/B Ratio of 5.26. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Greggs Stock (LON:GRG)

Greggs plc operates as a food-on-the-go retailer in the United Kingdom. It offers a range of fresh and frozen bakery products, sandwiches, and drinks. The company sells products to franchise and wholesale partners for sale in their own outlets. It is also involved in the property holding, non-trading, and trustee businesses. The company also operates through its own shops. Greggs plc was founded in 1939 and is headquartered in Newcastle upon Tyne, the United Kingdom.

GRG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GRG Stock News Headlines

April 16, 2024 | insidertrades.com

Insider Selling: Greggs plc (LON:GRG) Insider Sells 18,005 Shares of Stock

April 12, 2024 | insidertrades.com

Roisin Currie Buys 65 Shares of Greggs plc (LON:GRG) Stock

April 16, 2024 | InvestorPlace (Ad)

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April 16, 2024 | americanbankingnews.com

Greggs plc (LON:GRG) Insider Richard Hutton Sells 18,005 Shares of Stock

April 12, 2024 | finance.yahoo.com

Greggs (LON:GRG) Is Paying Out A Larger Dividend Than Last Year

April 11, 2024 | msn.com

If I’d put £1,000 in Greggs shares 5 years ago, here’s what I’d have today

April 11, 2024 | seekingalpha.com

Greggs: Business Should Easily Meet Consensus Estimates For FY24/25

April 10, 2024 | msn.com

Should investors consider sinking their teeth into Greggs shares?

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Yesterday I bought a great value sausage roll. Should I buy Greggs shares today?

April 4, 2024 | msn.com

Up 455% in 10 years! Here’s why I think Greggs shares will keep on climbing

April 4, 2024 | finance.yahoo.com

Greggs plc's (LON:GRG) Stock Has Fared Decently: Is the Market Following Strong Financials?

March 24, 2024 | msn.com

Could Greggs ever gain promotion from the FTSE 250?

March 21, 2024 | msn.com

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March 21, 2024 | finance.yahoo.com

Investors in Greggs (LON:GRG) have seen decent returns of 74% over the past five years

March 20, 2024 | msn.com

FTSE 250 shares: 3 cheap stocks that could take off this year

March 20, 2024 | reuters.com

UK baker Greggs shuts some stores after payments glitch, reports say

March 18, 2024 | msn.com

1 ‘secretly cheap’ FTSE 250 share I’m buying for the long run

March 17, 2024 | msn.com

If I invest £10,000 in Greggs shares, how much passive income could I get?

March 12, 2024 | msn.com

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March 7, 2024 | msn.com

With a 44% annual return over a decade, I consider this investment one of the best in the FTSE 250

March 7, 2024 | finance.yahoo.com

Greggs plc Just Beat EPS By 9.3%: Here's What Analysts Think Will Happen Next

March 6, 2024 | msn.com

UK's Greggs says evening openings, delivery to drive growth

March 6, 2024 | msn.com

UK Stocks: Greggs’ (GRG) Sales and Profits Soar, Declares Special Dividend

March 5, 2024 | msn.com

Greggs staff set to share in £188m profits as baker continues to grow

March 5, 2024 | reuters.com

Britain's Greggs annual profits rise 13%

February 28, 2024 | msn.com

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Company Calendar

Last Earnings: 7/28/2020
Today: 4/16/2024
Ex-Dividend for 5/24 Dividend: 4/25/2024
Dividend Payable: 5/24/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Sector: Consumer Defensive
Industry: Grocery Stores
Sub-Industry: N/A
Current Symbol: LON:GRG
CUSIP: N/A
CIK: N/A
Web: www.greggs.co.uk
Phone: +44-191-2817721
Fax: N/A
Employees: 32,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 3,075
High Stock Price Target: GBX 3,550
Low Stock Price Target: GBX 2,500
Potential Upside/Downside: +10.9%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 1.39
Trailing P/E Ratio: 1,994.27
Forward P/E Ratio: 21.17
P/E Growth: 3.39
Net Income: £142.50 million
Net Margins: 7.87%
Pretax Margin: N/A
Return on Equity: 29.17%
Return on Assets: 10.22%

Debt

Debt-to-Equity Ratio: 60.20
Current Ratio: 1.09
Quick Ratio: 0.88

Sales & Book Value

Annual Sales: £1.81 billion
Price / Sales: 1.55
Cash Flow: GBX 168.55 per share
Price / Cash Flow: 16.45
Book Value: GBX 524 per share
Price / Book: 5.29

Miscellaneous

Outstanding Shares: 101,420,000
Free Float: N/A
Market Cap: £2.81 billion
Optionable: Not Optionable
Beta: 1.28

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Key Executives

Ms. Roisin Helen Currie (Age 53)
CEO & Executive Director
Comp: $1.01M
Mr. Richard John Hutton F.C.A. (Age 56)
CFO & Executive Director
Comp: $814.14k
Mr. Jonathan D. Jowett L.L.M. (Age 61)
General Counsel & Company Secretary
Emma Walton
People Director & Head of People
Mr. Raymond Reynolds (Age 64)
Property & Business Development Director
Comp: $352k
Malcolm Copland
Commercial Director

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

GRG Stock Analysis - Frequently Asked Questions

Should I buy or sell Greggs stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Greggs in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" GRG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GRG, but not buy additional shares or sell existing shares.
View GRG analyst ratings or view top-rated stocks.
What is Greggs' stock price target for 2024?: 5 analysts have issued twelve-month price objectives for Greggs' shares. Their GRG share price targets range from GBX 2,500 to GBX 3,550. On average, they anticipate the company's stock price to reach GBX 3,075 in the next year. This suggests a possible upside of 11.5% from the stock's current price.
View analysts price targets for GRG or view top-rated stocks among Wall Street analysts.
How have GRG shares performed in 2024?: Greggs' stock was trading at GBX 2,602 on January 1st, 2024. Since then, GRG stock has increased by 6.0% and is now trading at GBX 2,758.
View the best growth stocks for 2024 here.
How were Greggs' earnings last quarter?: Greggs plc (LON:GRG) posted its quarterly earnings data on Tuesday, July, 28th. The company reported ($53.40) earnings per share (EPS) for the quarter. Greggs had a net margin of 7.87% and a trailing twelve-month return on equity of 29.17%.

How often does Greggs pay dividends? What is the dividend yield for Greggs?: Greggs announced a dividend on Tuesday, March 5th. Investors of record on Thursday, April 25th will be paid a dividend of GBX 86 per share on Friday, May 24th. This represents a yield of 3.17%. The ex-dividend date of this dividend is Thursday, April 25th. This is a positive change from the stock's previous dividend of GBX 16. The official announcement can be accessed at this link.
Read our dividend analysis for GRG.
Is Greggs a good dividend stock?: Greggs (LON:GRG) pays an annual dividend of GBX 62 per share and currently has a dividend yield of 2.17%. The dividend payout ratio is 4,460.43%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for GRG.
What other stocks do shareholders of Greggs own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Greggs investors own include Intelsat (I), Associated British Foods (ABF), Chaarat Gold (CGH), Fossil Group (FOSL), Bank of America (BAC), AMC Entertainment (AMC), China Unicom (Hong Kong) (CHU), easyJet (EZJ), First Data (FDC) and Air Canada (AC).
How do I buy shares of Greggs?: Shares of GRG 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:GRG) was last updated on 4/16/2024 by MarketBeat.com Staff

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Greggs (GRG) Share Price, News & Analysis

Greggs MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Greggs Stock (LON:GRG)

GRG Stock Price History

GRG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

GRG Stock Analysis - Frequently Asked Questions

Overall MarketRank^™