KGF.L - Kingfisher plc

LSE - LSE Delayed Price. Currency in GBp
221.90
+3.90 (+1.79%)
At close: 5:06PM GMT
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Previous Close218.00
Open228.00
Bid221.90 x 0
Ask222.10 x 0
Day's Range221.90 - 233.30
52 Week Range185.90 - 268.20
Volume12,188,036
Avg. Volume9,840,889
Market Cap4.7B
Beta (5Y Monthly)0.79
PE Ratio (TTM)25.80
EPS (TTM)8.60
Earnings DateSep 18, 2019
Forward Dividend & Yield0.11 (4.96%)
Ex-Dividend Date2019-10-03
1y Target Est269.15
  • Barrons.com

    Investors Should Avoid Kingfisher, One of the U.K.’s Biggest Home-Improvement Chains

    The big U.K. home-improvement chain has both self-inflicted and macro issues. Investors should steer clear for now.

  • A Look At The Fair Value Of Kingfisher plc (LON:KGF)
    Simply Wall St.

    A Look At The Fair Value Of Kingfisher plc (LON:KGF)

    How far off is Kingfisher plc (LON:KGF) from its intrinsic value? Using the most recent financial data, we'll take a...

  • European stocks on track for worst decline in six weeks on China trade concerns
    MarketWatch

    European stocks on track for worst decline in six weeks on China trade concerns

    European stocks were on track for their worst single-day performance in six weeks on concerns over U.S.-China trade talks.

  • Even DIY Cocktails Can't Help Brexit Blues
    Bloomberg

    Even DIY Cocktails Can't Help Brexit Blues

    (Bloomberg Opinion) -- In the malaise of Brexit, Brits have been drowning their sorrows in gin and tonic. And rather than do it themselves, they’ve continued to call on the local handyman, fondly referred to as the white van man, to fix their bathroom taps.There were signs on Wednesday that that’s beginning to change.Fevertree Drinks Plc, maker of what Tatler magazine dubbed the ultimate mixers, said sales would be lower than expected this year while British home-improvement retailer Kingfisher Plc, owner of B&Q chain, said its third quarter was disappointing. Sales are even slowing at the previously fast-growing Screwfix, which primarily serves building professionals such as plumbers.They are not the only ones to bemoan the state of the British consumer.Both online appliance and electronics retailer AO World Plc and clothing and food stalwart Marks & Spencer Group Plc have cautioned that shoppers are behaving as if they are in a recession, despite wage growth running ahead of inflation and strong employment.For Fevertree, which rode the cocktail craze, the about turn has been particularly abrupt. Its shares reached an all-time high of almost 40 pounds in October last year on back of the gin boom. Up until this year, this had prompted the group to repeatedly increase its sales and profit forecasts.But fears have been mounting that we have reached “peak gin” with the shares almost halving from their high to about 21 pounds.Brits are still drinking when they go out to bars and clubs, but they’re not filling their shopping carts with the making for DIY cocktails. Part of the weakness is due to the comparison with summer 2018, when Britain was basking in a heatwave and enjoying a boost from England’s ride to the semi-finals of the World Cup soccer tournament.But it also reflects a more cautious consumer. With fewer reasons this year for a drink at home, more careful Brits don’t need as many mixers. And when they do have a tipple, they may choose a cheaper option than a pricey one made by Fevertree. That is not helped by increased competition such as a new premium mixer range from Schweppes, nor a general tendency by grocers to offer more promotions and discounts.Trading at Britain’s supermarkets has been subdued. While clothing retailers may have seen some revival in demand thanks to much colder weather than a year ago, that hasn’t been the case at the grocers. Supermarket sales were sluggish in October, according to data provider Kantar.Much will now depend on the crucial Christmas trading period. This year looks particularly challenging, given the uncertainty surrounding Brexit and the forthcoming general election, scheduled smack dab at the height of the holiday shopping season.As for Fevertree, with the slowdown in the U.K., it is under more pressure to develop its business in the U.S. The company forecasts that sales there will rise 34% this year. With the U.K. still accounting for about half of group revenue, clearly this is not enough to offset the domestic weakness.Even with the sell-off over the past 12 months, the shares still trade on a forward price-earnings ratio of over 30, an about 50% premium to the Bloomberg Intelligence global valuation peer group. Fevertree sees the slow-down in its home market as a short-term blip. But with such a fizzy valuation, there’s not much scope for further disappointment.It could be a dry January in more ways than one.To contact the author of this story: Andrea Felsted at afelsted@bloomberg.netTo contact the editor responsible for this story: Melissa Pozsgay at mpozsgay@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Those Who Purchased Kingfisher (LON:KGF) Shares Three Years Ago Have A 40% Loss To Show For It
    Simply Wall St.

    Those Who Purchased Kingfisher (LON:KGF) Shares Three Years Ago Have A 40% Loss To Show For It

    For many investors, the main point of stock picking is to generate higher returns than the overall market. But in any...

  • Reuters

    UPDATE 2-UK retailers suffer worst September on record, BRC says

    British retailers endured their worst September since at least the mid-1990s as people spent money on entertainment instead, according to surveys that painted a muted picture of household demand ahead of Brexit. In a potential warning sign for consumer spending, which has helped the economy in the run-up to Brexit, the British Retail Consortium said total retail sales values declined 1.3% in September compared with the same month last year. A separate survey published on Monday by payment card company Barclaycard showed broader consumer spending -- which includes retail sales -- rose by a "modest" 1.6% in annual terms in September.

  • Don't Buy Kingfisher plc (LON:KGF) For Its Next Dividend Without Doing These Checks
    Simply Wall St.

    Don't Buy Kingfisher plc (LON:KGF) For Its Next Dividend Without Doing These Checks

    Kingfisher plc (LON:KGF) is about to trade ex-dividend in the next 3 days. You can purchase shares before the 3rd of...

  • Thomson Reuters StreetEvents

    Edited Transcript of KGF.L earnings conference call or presentation 18-Sep-19 8:00am GMT

    Half Year 2019 Kingfisher PLC Earnings Presentation

  • Is Kingfisher plc's (LON:KGF) 5.5% Dividend Sustainable?
    Simply Wall St.

    Is Kingfisher plc's (LON:KGF) 5.5% Dividend Sustainable?

    Dividend paying stocks like Kingfisher plc (LON:KGF) tend to be popular with investors, and for good reason - some...

  • Kingfisher (LON:KGF) Takes On Some Risk With Its Use Of Debt
    Simply Wall St.

    Kingfisher (LON:KGF) Takes On Some Risk With Its Use Of Debt

    Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

  • What Should You Know About Kingfisher plc's (LON:KGF) Earnings Outlook?
    Simply Wall St.

    What Should You Know About Kingfisher plc's (LON:KGF) Earnings Outlook?

    The latest earnings announcement Kingfisher plc (LON:KGF) released in May 2019 signalled that the company faced a...

  • Have Insiders Been Buying Kingfisher plc (LON:KGF) Shares This Year?
    Simply Wall St.

    Have Insiders Been Buying Kingfisher plc (LON:KGF) Shares This Year?

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

  • What Should You Know About Kingfisher plc's (LON:KGF) Future?
    Simply Wall St.

    What Should You Know About Kingfisher plc's (LON:KGF) Future?

    After Kingfisher plc's (LON:KGF) earnings announcement in January 2019, it seems that analyst forecasts are...

  • Moody's

    Kingfisher plc -- Moody's announces completion of a periodic review of ratings of Kingfisher plc

    Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Kingfisher plc and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

  • Kingfisher plc (LON:KGF): Financial Strength Analysis
    Simply Wall St.

    Kingfisher plc (LON:KGF): Financial Strength Analysis

    Small-caps and large-caps are wildly popular among investors; however, mid-cap stocks, such as Kingfisher plc...

  • Could The Kingfisher plc (LON:KGF) Ownership Structure Tell Us Something Useful?
    Simply Wall St.

    Could The Kingfisher plc (LON:KGF) Ownership Structure Tell Us Something Useful?

    If you want to know who really controls Kingfisher plc (LON:KGF), then you'll have to look at the makeup of its share...

  • Reuters

    Prospect of easing trade tensions, weaker pound lift FTSE 100

    The FTSE 100 advanced 0.8% and outperformed its European peers. The FTSE 250 was roughly flat. Markets were initially upbeat after U.S. President Donald Trump said talks between Beijing and Washington had not collapsed, terming the Sino-U.S. conflict as "a little squabble".

  • Lower sales in France weigh on Kingfisher's growth
    Reuters

    Lower sales in France weigh on Kingfisher's growth

    British home improvement retailer Kingfisher missed forecasts for sales growth in its latest quarter, held back by the weak performance of its French businesses. Kingfisher, whose main businesses are B&Q and Screwfix in Britain and Castorama and Brico Depot in France and elsewhere, is in the fourth year of a five-year programme that was designed to boost earnings. This year, first quarter like-for-like sales rose 3.4%, 6.2% and 24.6% in the UK & Ireland, Poland and Romania respectively but were down 3.7% in France.

  • Save Indian Capitalism From Indian Capitalists
    Bloomberg

    Save Indian Capitalism From Indian Capitalists

    It raises yet again a question that’s puzzled two successive governments and will continue to bedevil whichever party takes power after elections conclude next month: What’s killing capitalism in India? Jet was born in the early 1990s, when India’s closed Soviet-style planned economy had just started embracing globalization and private enterprise. An airline that was at one point the industry’s dominant player should theoretically have been able to thrive.

  • Bloomberg

    What Jet’s Collapse Says About India

    India’s oldest privately owned airline suspended operations on a “temporary” basis on Wednesday after failing to secure a bailout. On one level, you could argue that this is a good sign for India: Its institutions are holding up. State-owned banks are Jet’s biggest creditors and they seem unwilling to throw more money at the airline without a clear revival plan.