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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: Asian shares meander after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: Asian shares meander after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: Asian shares meander after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
OTCMKTS:ASBFY

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

$31.75
+0.61 (+1.96%)
(As of 03/27/2024 ET)
Today's Range
$31.67
$31.96
50-Day Range
$28.03
$31.14
52-Week Range
$22.38
$31.96
Volume
3,519 shs
Average Volume
6,912 shs
Market Capitalization
$23.94 billion
P/E Ratio
N/A
Dividend Yield
3.37%
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

[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
Associated British Foods PLC ADR
Where Primark is opening its five new UK stores
Associated British Foods PLC
[BUY ALERT] Our #1 A.I. Stock for March
It's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.
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
Best Growth Stocks to Buy for October 19th
Best Value Stocks to Buy for September 18th
See More Headlines
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Company Calendar

Ex-Dividend for 1/29 Dividend
12/14/2023
Dividend Payable
1/29/2024
Today
3/28/2024
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
$3.32 per share
Book Value
$17.87 per share

Miscellaneous

Free Float
N/A
Market Cap
$23.94 billion
Optionable
Not Optionable
Beta
1.38

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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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Associated British Foods was last updated on Tuesday, March 26, 2024 at 11:04 PM.

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 sweeteners, can impact the company's profitability and financial performance, leading to potential risks for investors.
  • The competitive nature of the food industry and retail sector may pose challenges for Associated British Foods in maintaining market share and profitability amidst evolving consumer preferences.
  • Market volatility and economic uncertainties could affect consumer spending patterns, potentially impacting the company's retail and grocery segments.
  • Investors should closely monitor the company's stock price and financial reports to assess the impact of external factors on its performance and stock value.
  • Regulatory changes, trade policies, and global economic conditions may introduce risks and uncertainties that could affect Associated British Foods' operations and financial results.

ASBFY Stock Analysis - Frequently Asked Questions

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

6 Wall Street equities research 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 equities research 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 increased by 4.8% and is now trading at $31.75.
View the best growth stocks for 2024 here
.

Are investors shorting Associated British Foods?

Associated British Foods saw a increase in short interest in March. As of March 15th, there was short interest totaling 1,000 shares, an increase of 233.3% from the February 29th total of 300 shares. Based on an average daily volume of 10,600 shares, the short-interest ratio is currently 0.1 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. Stockholders of record on Friday, December 15th will be given a dividend of $0.5116 per share on Monday, January 29th. The ex-dividend date is Thursday, December 14th. This is a positive change 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 3.45%.
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 3/28/2024 by MarketBeat.com Staff

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