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

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

What is Associated British Foods' stock price target for 2024?

4 equities research analysts have issued 12 month target prices for Associated British Foods' shares. Their ABF share price targets range from GBX 1,875 to GBX 2,250. On average, they anticipate the company's stock price to reach GBX 2,041.67 in the next year. This suggests that the stock has a possible downside of 16.6%. View analysts price targets for ABF or view top-rated stocks among Wall Street analysts .

How have ABF shares performed in 2024?

Associated British Foods' stock was trading at GBX 2,367 on January 1st, 2024. Since then, ABF stock has increased by 3.4% and is now trading at GBX 2,447. View the best growth stocks for 2024 here .

How were Associated British Foods' earnings last quarter?

Associated British Foods plc (LON:ABF) posted its quarterly earnings results on Tuesday, April, 21st. The company reported $61.80 EPS for the quarter, beating analysts' consensus estimates of $61.20 by $0.60. Associated British Foods had a trailing twelve-month return on equity of 9.39% and a net margin of 5.29%.

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

Associated British Foods announced a dividend on Tuesday, November 7th. Shareholders of record on Thursday, December 14th will be paid a dividend of GBX 45.80 per share on Friday, January 12th. This represents a yield of 2.17%. The ex-dividend date of this dividend is Thursday, December 14th. This is a positive change from the stock's previous dividend of GBX 14.20. The official announcement can be accessed at this link . Read our dividend analysis for ABF .

Is Associated British Foods a good dividend stock?

Associated British Foods (LON:ABF) pays an annual dividend of GBX 47 per share and currently has a dividend yield of 1.88%. The dividend payout ratio is 3,507.46%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for ABF .

What other stocks do shareholders of Associated British Foods own?

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

How do I buy shares of Associated British Foods?

Shares of ABF 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:ABF

Associated British Foods (ABF) Share Price, News & Analysis

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GBX 2,447

+5.00 (+0.20%)

(As of 04:35 PM ET)

Compare

Today's Range: 2,418
▼
2,447
50-Day Range: 2,232
▼
2,514
52-Week Range: 1,804.50
▼
2,536

Volume: 636,582 shs
Average Volume: 2.18 million shs
Market Capitalization: £18.44 billion

P/E Ratio: 1,826.12
Dividend Yield: 1.92%
Price Target: GBX 2,041.67

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades Sustainability

Get Associated British Foods alerts:

Associated British Foods MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 16.6% Downside
GBX 2,041.67 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: -3.11
Upright™ Environmental Score
News Sentiment: N/A
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.

0.30 out of 5 stars

1.3

Analyst's Opinion

Consensus Rating
Associated British Foods has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Associated British Foods 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 ABF.

0.8

Dividend Strength

Dividend Yield
Associated British Foods pays a meaningful dividend of 1.88%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Associated British Foods does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Associated British Foods is 3,507.46%. Payout ratios above 75% are not desirable because they may not be sustainable.

2.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Associated British Foods has received a 8.39% net impact score from Upright. The largest positive contribution comes from its "Nutrition" impact, which is mostly driven by its "Cereal flours and flakes", "Noodles", "Unprocessed eggs", "Unprocessed meat", and "Bread" products. See details.
Environmental Sustainability
The Environmental Impact score for Associated British Foods is -3.11.

2.3

News and Social Media Coverage

News Sentiment
Associated British Foods has a news sentiment score of 0.12. 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 lower news sentiment than the 0.43 average news sentiment score of Consumer Defensive companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Associated British Foods this week, compared to 2 articles on an average week.
Search Interest
1 people have searched for ABF on MarketBeat in the last 30 days.
MarketBeat Follows
1 people have added Associated British Foods to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Associated British Foods insiders have not sold or bought any company stock.
Percentage Held by Insiders
58.61% of the stock of Associated British Foods is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 18.89% of the stock of Associated British Foods is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Associated British Foods is 1,826.12, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 136.77.
Price to Earnings Ratio vs. Sector
The P/E ratio of Associated British Foods is 1,826.12, which means that it is trading at a more expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 244.80.
Price to Earnings Growth Ratio
Associated British Foods has a PEG Ratio of 1.37. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Associated British Foods has a P/B Ratio of 1.68. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Associated British Foods Stock (LON:ABF)

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.

ABF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

ABF Stock News Headlines

April 12, 2024 | americanbankingnews.com

Associated British Foods (LON:ABF) Stock Passes Above 200 Day Moving Average of $2,272.05

April 12, 2024 | americanbankingnews.com

Associated British Foods (LON:ABF) Share Price Crosses Above 200-Day Moving Average of $2,272.05

April 19, 2024 | DTI (Ad)

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April 10, 2024 | marketwatch.com

AB Foods' Primark: Search For a New CFO is Underway

April 3, 2024 | msn.com

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March 13, 2024 | msn.com

Primark looking to expand click & collect trial

March 11, 2024 | msn.com

Primark to raise UK store workers' pay by 9.1%

March 8, 2024 | msn.com

UK watchdog warns T&L Sugars deal with Tereos may raise sugar prices

March 6, 2024 | finance.yahoo.com

Associated British Foods plc (ABF.L)

February 26, 2024 | msn.com

Why I’d ignore Lloyds’ cheap share price and buy these FTSE 100 bargains

February 1, 2024 | morningstar.com

Associated British Foods PLC ABF

January 25, 2024 | msn.com

This FTSE 100 giant could be 49% undervalued

January 23, 2024 | msn.com

Penneys' owner does not expect significant disruption from Red Sea situation

January 23, 2024 | msn.com

Forget Primark, 51% of Associated British Foods shares’ sales come from other businesses!

January 23, 2024 | msn.com

Primark sales help shape up trading figures for Associated British Foods

January 23, 2024 | msn.com

Associated British Foods’ Christmas Update – Not So Christmassy

January 23, 2024 | uk.investing.com

AB Foods sees 'year of meaningful progress' with Primark back on track

January 23, 2024 | msn.com

Primark hopeful customers won't notice Red Sea disruption in stores

January 23, 2024 | msn.com

Primark's sales growth slows in Christmas quarter

January 23, 2024 | msn.com

Strong trading could mean good news for the Associated British Foods (ABF) share price

January 23, 2024 | forbes.com

Primark Drives Associated British Foods Sales Higher During Q1

January 22, 2024 | msn.com

Primark: Here's what to expect when parent firm Associated British Foods delivers update

January 22, 2024 | mirror.co.uk

Primark owner Associated British Foods set for 'solid' Christmas trading update

See More Headlines

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Company Calendar

Last Earnings: 4/21/2020
Today: 4/19/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: LON
Sector: Consumer Defensive
Industry: Packaged Foods
Sub-Industry: N/A
Current Symbol: LON:ABF
CUSIP: N/A
CIK: N/A
Web: www.abf.co.uk
Phone: +44-20-73996500
Fax: N/A
Employees: 133,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 2,041.67
High Stock Price Target: GBX 2,250
Low Stock Price Target: GBX 1,875
Potential Upside/Downside: -16.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 1.34
Trailing P/E Ratio: 1,826.12
Forward P/E Ratio: 13.27
P/E Growth: 1.37
Net Income: £1.04 billion
Net Margins: 5.29%
Pretax Margin: N/A
Return on Equity: 9.39%
Return on Assets: 4.53%

Debt

Debt-to-Equity Ratio: 33.25
Current Ratio: 1.83
Quick Ratio: 0.93

Sales & Book Value

Annual Sales: £19.75 billion
Price / Sales: 0.93
Cash Flow: GBX 398.59 per share
Price / Cash Flow: 6.14
Book Value: GBX 1,453 per share
Price / Book: 1.68

Miscellaneous

Outstanding Shares: 753,510,000
Free Float: N/A
Market Cap: £18.44 billion
Optionable: Not Optionable
Beta: 1.24

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Key Executives

Mr. George Garfield Weston (Age 60)
CEO & Executive Director
Comp: $2.3M
Mr. Eoin P. Tonge B Eng (Age 52)
B.E., Finance Director & Director
Comp: $3.83M
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

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

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

Pros

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

Associated British Foods plc hit a new 52-week high, indicating positive momentum in the stock price.
The company operates in diversified segments like Grocery, Ingredients, Agriculture, Sugar, and Retail, providing stability through different markets.
Strong market capitalization of £18.95 billion reflects the company's size and stability in the industry.
Low PE ratio of 1,880.60 suggests potential undervaluation of the stock compared to its earnings.
The company's presence worldwide offers geographical diversification, reducing risk exposure.

Cons

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

The company's debt-to-equity ratio of 33.25 may indicate high leverage, which can pose risks during economic downturns.
The PE ratio of 1,880.60 may suggest the stock is overvalued based on its earnings.
The beta of 1.24 indicates the stock's sensitivity to market movements, potentially leading to higher volatility.
The quick ratio of 0.93 may raise concerns about the company's short-term liquidity position.
Associated British Foods plc's two-hundred day moving average of GBX 2,242.32 may signal a potential trend reversal or consolidation in the stock price.

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.

ABF Stock Analysis - Frequently Asked Questions

Should I buy or sell Associated British Foods stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Associated British Foods in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ABF shares.
View ABF analyst ratings or view top-rated stocks.
What is Associated British Foods' stock price target for 2024?: 4 equities research analysts have issued 12 month target prices for Associated British Foods' shares. Their ABF share price targets range from GBX 1,875 to GBX 2,250. On average, they anticipate the company's stock price to reach GBX 2,041.67 in the next year. This suggests that the stock has a possible downside of 16.6%.
View analysts price targets for ABF or view top-rated stocks among Wall Street analysts.
How have ABF shares performed in 2024?: Associated British Foods' stock was trading at GBX 2,367 on January 1st, 2024. Since then, ABF stock has increased by 3.4% and is now trading at GBX 2,447.
View the best growth stocks for 2024 here.
How were Associated British Foods' earnings last quarter?: Associated British Foods plc (LON:ABF) posted its quarterly earnings results on Tuesday, April, 21st. The company reported $61.80 EPS for the quarter, beating analysts' consensus estimates of $61.20 by $0.60. Associated British Foods had a trailing twelve-month return on equity of 9.39% and a net margin of 5.29%.

How often does Associated British Foods pay dividends? What is the dividend yield for Associated British Foods?: Associated British Foods announced a dividend on Tuesday, November 7th. Shareholders of record on Thursday, December 14th will be paid a dividend of GBX 45.80 per share on Friday, January 12th. This represents a yield of 2.17%. The ex-dividend date of this dividend is Thursday, December 14th. This is a positive change from the stock's previous dividend of GBX 14.20. The official announcement can be accessed at this link.
Read our dividend analysis for ABF.
Is Associated British Foods a good dividend stock?: Associated British Foods (LON:ABF) pays an annual dividend of GBX 47 per share and currently has a dividend yield of 1.88%. The dividend payout ratio is 3,507.46%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for ABF.
What other stocks do shareholders of Associated British Foods own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Associated British Foods investors own include Intelsat (I), Fossil Group (FOSL), Chaarat Gold (CGH), Bank of America (BAC), AMC Entertainment (AMC), First Data (FDC), HSBC (HSBA), Air Canada (AC), Apollo Global Management (APO) and China Unicom (Hong Kong) (CHU).
How do I buy shares of Associated British Foods?: Shares of ABF 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:ABF) was last updated on 4/19/2024 by MarketBeat.com Staff

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Associated British Foods (ABF) Share Price, News & Analysis

Associated British Foods MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Associated British Foods Stock (LON:ABF)

ABF Stock Price History

ABF Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

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

Pros

Cons

ABF Stock Analysis - Frequently Asked Questions

Overall MarketRank^™