BVS.L - Bovis Homes Group PLC

LSE - LSE Delayed Price. Currency in GBp
1,226.00
+15.00 (+1.24%)
At close: 4:35PM BST
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Previous Close1,211.00
Open1,219.00
Bid1,220.00 x 0
Ask1,222.00 x 0
Day's Range1,208.00 - 1,241.00
52 Week Range818.60 - 1,256.00
Volume433,835
Avg. Volume449,291
Market Cap1.653B
Beta (3Y Monthly)0.97
PE Ratio (TTM)11.22
EPS (TTM)109.30
Earnings DateSep 10, 2019
Forward Dividend & Yield0.58 (4.82%)
Ex-Dividend Date2019-09-26
1y Target Est1,114.38
  • At UK£10.88, Is It Time To Put Bovis Homes Group PLC (LON:BVS) On Your Watch List?
    Simply Wall St.

    At UK£10.88, Is It Time To Put Bovis Homes Group PLC (LON:BVS) On Your Watch List?

    Bovis Homes Group PLC (LON:BVS), which is in the consumer durables business, and is based in United Kingdom, saw...

  • Bovis Homes Group PLC (LON:BVS)'s Could Be A Buy For Its Upcoming Dividend
    Simply Wall St.

    Bovis Homes Group PLC (LON:BVS)'s Could Be A Buy For Its Upcoming Dividend

    Bovis Homes Group PLC (LON:BVS) is about to trade ex-dividend in the next 2 days. Investors can purchase shares before...

  • Thomson Reuters StreetEvents

    Edited Transcript of BVS.L earnings conference call or presentation 10-Sep-19 8:00am GMT

    Half Year 2019 Bovis Homes Group PLC Earnings Call

  • U.K. stocks inch higher as BlackRock advises investors to pounce on Brexit selloffs
    MarketWatch

    U.K. stocks inch higher as BlackRock advises investors to pounce on Brexit selloffs

    U.K. stocks edged lower on Tuesday, with markets getting their first opportunity to react yet another rejection of a new election and the start of the proroguing of Parliament.

  • Bloomberg

    Nobody Wants to Pay to Build Brexit Britain

    (Bloomberg Opinion) -- Homebuilding has been a better bet than the wider construction business in the U.K. — the former benefits from government subsidies, while the latter is plagued by intense competition for long-run, hard-to-value contracts. Being in both markets has become a headache for Galliford Try Plc. It is now artfully dealing its way out of the problem.On Tuesday, the company said it could sell its homebuilding operations to rival Bovis Homes Group Plc for 1.1 billion pounds ($1.33 billion). That’s 50% more than Galliford’s entire enterprise value as of Monday’s close — proof of investors’ dim view of the construction business rather than evidence that Bovis is overpaying.This deal is yet to be inked. Assuming it happens, it will be a stretch for the purchaser, financially and operationally. Bovis will assume 100 million pounds of Galliford’s debt, plus its pension program (which is, admittedly, fully funded). The acquirer will give the target’s shareholders a 29% stake in the enlarged company and will pay an additional 300 million pounds in cash. To fund that, it will have to sell new shares. Even this will cover only about half of the sum — much of the rest will have to be borrowed.Meanwhile, the buyer is taking on a colossal integration project, adding more people than it currently employs. Given Galliford’s stock has fallen so far, Bovis could probably have stretched to buying the whole company. Luckily it stopped short of that: Combining just the homebuilding is a mammoth job in its own right without adding a construction business too.For now, the market isn’t giving Bovis Chief Executive Officer Greg Fitzgerald the benefit of the doubt. It could scarcely be a worse time for a domestically focused U.K. company to be selling new shares: Investors are hardly rushing to double down on the country’s housing market in a complicated deal ahead of Brexit.Galliford shares rallied a little on Tuesday, although the combined market value of the businesses fell slightly. That may be a sign Galliford is getting something at Bovis’s expense, but the market isn’t sure about the overall value creation here.That looks harsh. The logic of the combination is sound. There are plausible cost savings from joint procurement, and the valuation put on the assets Galliford is selling, about 5.2 times their trailing operating profit, isn’t expensive compared with others in the industry. It’s reassuring, too, that Fitzgerald used to chair Galliford.But whether you’re in homebuilding or construction, attracting investors to what must be the two least attractive sectors in the U.K. economy is going to be a tough sell this side of Brexit.To contact the author of this story: Chris Hughes at chughes89@bloomberg.netTo contact the editor responsible for this story: Edward Evans at eevans3@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Chris Hughes is a Bloomberg Opinion columnist covering deals. He previously worked for Reuters Breakingviews, as well as the Financial Times and the Independent newspaper.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Bovis Homes Group (LON:BVS) Seems To Use Debt Rather Sparingly
    Simply Wall St.

    Bovis Homes Group (LON:BVS) Seems To Use Debt Rather Sparingly

    Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

  • Don’t Buy Bovis Homes Group PLC (LON:BVS) Until You Understand Its ROCE
    Simply Wall St.

    Don’t Buy Bovis Homes Group PLC (LON:BVS) Until You Understand Its ROCE

    Today we'll evaluate Bovis Homes Group PLC (LON:BVS) to determine whether it could have potential as an investment...

  • Bovis Homes Group PLC (LON:BVS): What Does The Future Look Like?
    Simply Wall St.

    Bovis Homes Group PLC (LON:BVS): What Does The Future Look Like?

    In December 2018, Bovis Homes Group PLC (LON:BVS) announced its earnings update. Overall, analysts seem fairly...

  • Is Bovis Homes Group PLC's (LON:BVS) 13% ROE Strong Compared To Its Industry?
    Simply Wall St.

    Is Bovis Homes Group PLC's (LON:BVS) 13% ROE Strong Compared To Its Industry?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...

  • What Should Investors Know About Bovis Homes Group PLC's (LON:BVS) Earnings Trajectory?
    Simply Wall St.

    What Should Investors Know About Bovis Homes Group PLC's (LON:BVS) Earnings Trajectory?

    Bovis Homes Group PLC's (LON:BVS) most recent earnings update in April 2019 revealed that the business benefited from...

  • Is Bovis Homes Group PLC's (LON:BVS) High P/E Ratio A Problem For Investors?
    Simply Wall St.

    Is Bovis Homes Group PLC's (LON:BVS) High P/E Ratio A Problem For Investors?

    The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll look at Bovis Homes...

  • Why Bovis Homes Group PLC's (LON:BVS) High P/E Ratio Isn't Necessarily A Bad Thing
    Simply Wall St.

    Why Bovis Homes Group PLC's (LON:BVS) High P/E Ratio Isn't Necessarily A Bad Thing

    This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...

  • Why We Think Bovis Homes Group PLC (LON:BVS) Could Be Worth Looking At
    Simply Wall St.

    Why We Think Bovis Homes Group PLC (LON:BVS) Could Be Worth Looking At

    As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I...

  • Have Insiders Been Buying Bovis Homes Group PLC (LON:BVS) Shares This Year?
    Simply Wall St.

    Have Insiders Been Buying Bovis Homes Group PLC (LON:BVS) Shares This Year?

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...

  • FTSE 100 chokes as tobacco firms fall on sales report, drugmakers dip
    Reuters

    FTSE 100 chokes as tobacco firms fall on sales report, drugmakers dip

    The FTSE 100 was 0.1% lower, while the mid-cap FTSE 250 rose 0.4%. British American Tobacco and Imperial Brands were among the biggest drags on the main index after data from Nielsen showed cigarette industry volumes deteriorated in the four weeks to May 18. The session's trading came against the backdrop of continued uncertainty over China's trade dispute with the United States, after U.S. President Donald Trump said Washington was not ready to make a deal with Beijing but that he expected one in the future.

  • Reuters

    Bovis Homes no longer in talks over Galliford units

    Galliford on Saturday said it had rejected a bid from Bovis to buy its Linden Homes and Partnerships & Regeneration businesses in exchange for new Bovis Homes shares, judging it was not in the interests of all shareholders. Bovis said in a statement on Tuesday that negotiations had broken down after it followed up an initial approach with a formal offer on May 8 of 950 million pounds in its own shares as well as the assumption of 100 million pounds in debt. Galliford, under pressure from shareholders in recent months, reiterated in a separate statement on Tuesday that it remained confident in its long-term prospects.