|Bid||3,040.00 x 6500|
|Ask||3,190.00 x 5600|
|Day's Range||3,092.00 - 3,132.00|
|52 Week Range||2,574.00 - 3,873.00|
|Beta (3Y Monthly)||1.25|
|PE Ratio (TTM)||17.93|
|Earnings Date||Nov 20, 2017 - Nov 24, 2017|
|Forward Dividend & Yield||0.81 (2.63%)|
|1y Target Est||3,697.29|
A deficit in the palladium market that has driven prices of the autocatalyst metal to record highs will widen dramatically this year, specialist materials company Johnson Matthey said in a report on Wednesday. The company, a leading autocatalyst manufacturer, said the shortfall in the roughly 10 million ounce-a-year palladium market narrowed in 2018 to 29,000 ounces from 787,000 ounces in 2017, its widest in three years. Palladium-backed exchange-traded funds (ETFs) would no longer be able to bridge the gap between supply and demand by returning metal to the market, it added.
The FTSE 100 index ended 0.3 percent lower and the FTSE 250 slipped 0.8 percent, extending losses from the last session when the Bank of England (BoE) slashed its economic growth forecasts amid Brexit uncertainty. Investors also fretted about the protracted U.S.-China trade spat after news that U.S. President Donald Trump did not plan to meet Chinese President Xi Jinping before a March 1 deadline set by the two countries to strike a trade deal. "Whilst this is a bit of a blow, it's not in itself a reason to think trade talks are not going anywhere," said Neil Wilson, Markets.com analyst.
Johnson Matthey Plc (LON:JMAT) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of Read More...
Swedish truckmaker AB Volvo's attempts to cope with a weakening global market are being complicated by problems with a component that do not appear to be affecting its main rivals. Volvo said in October some of its engines could be exceeding emission limits of toxic nitrogen oxides (NOx) because catalytic converters in its emissions after-treatment systems were wearing down more quickly than expected in certain situations. This fuelled speculation that rivals Volkswagen and Daimler could have the same problem, after Volvo said it sourced converters from a single external supplier.
Mid-caps stocks, like Johnson Matthey Plc (LON:JMAT) with a market capitalization of UK£5.4b, aren’t the focus of most investors who prefer to direct their investments towards either large-cap or small-cap Read More...
Immunomedics, Inc., (IMMU) and Johnson Matthey (LSE: JMAT), today announced the companies have expanded their long-term master supply agreement under which Johnson Matthey will continue to scale the manufacturing of CL2A-SN-38, the drug-linker that is a key component of sacituzumab govitecan, Immunomedics’ lead antibody-drug conjugate currently under priority review by the FDA for accelerated approval as a treatment for patients with metastatic triple-negative breast cancer. This is part of Immunomedics' ongoing commitment to invest in and scale its global supply capacity with world-class partners in each component of its supply-chain.
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). We'll show how you can use Johnson Matthey Plc's (LON:JMAT) P/E Read More...
Investors who want to cash in on Johnson Matthey Plc’s (LON:JMAT) upcoming dividend of UK£0.23 per share have only 4 days left to buy the shares before its ex-dividend date, Read More...
German chemicals giant BASF (BASFn.DE) is betting on a new recipe for electric car batteries which stretches the time between charges while cutting dependence on nickel to help shave costs and grab more of a growing market. It is part of flurry of activity in the sphere of cathodes materials, a major component of battery cells for an anticipated switch to electric vehicles (EV) due to clean air regulation. At the moment BASF and others, including Belgium's Umicore (UMI.BR), a market leader, are boosting the nickel content to allow more energy storage and replace expensive cobalt, which is largely sourced from mines in Congo, where exploitation is rife.
UK shares jumped more than 1 percent on Wednesday for their best day in two months, helped by oil and banking stocks and upbeat results from Johnson Matthey, which soothed investor concerns about slowing earnings growth. The FTSE 100 (.FTSE) ended up 1.5 percent, snapping three days of losses and outperforming its euro zone peers. The FTSE 250 (.FTMC) closed up 1.2 percent.
Johnson Matthey Plc (LON:JMAT), which is in the chemicals business, and is based in United Kingdom, saw significant share price volatility over the past couple of months on the LSE, Read More...
There is a lot to be liked about Johnson Matthey Plc (LON:JMAT) as an income stock. It has paid dividends over the past 10 years. The company currently pays out Read More...
How far off is Johnson Matthey Plc (LON:JMAT) from its intrinsic value? Using the most recent financial data, I am going to take a look at whether the stock is Read More...
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...
Platinum prices are languishing near the lowest in a decade, but the biggest miners are barely cutting production. Although about half of South African output is estimated to be unprofitable, few companies are reducing production by a meaningful amount, with top supplier Anglo American Platinum Ltd. even ramping up. Any additional output in South Africa, which accounts for about 70 percent of global supply, would further weigh on a market that’s seen demand ebb in recent years.
Johnson Matthey Plc’s (LON:JMAT) released its most recent earnings update in March 2018, which indicated that the business faced a substantial headwind with earnings falling by -22.8%. Below, I’ve laidRead More...