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Nov 15, 2024 · Should You Buy or Sell Currys Stock? Get The Latest CURY Stock Analysis, Price Target, Dividend Info, and Headlines at MarketBeat.
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Nov 15, 2024 · Latest Currys PLC (CURY:LSE) share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and more.
- 77.00
- 82.45
- 85.55
- 85.55
- Customers Still Like Shops
- Hidden Risks?
- Currys Share Price: Bargain Buy?
Currys has just reported its results for the year ended 30 April. Sales fell by 2% to £10.1bn, but adjusted pre-tax profitwas up by 19% to £186m, thanks to an improvement in profit margins. The numbers were pretty much as I expected, but one surprise for me was that Currys’ store sales were “higher than expected”last year. According to boss Alex Ba...
Currys isn’t without risk. A recession could cause a sharp slump in consumer purchases. We don’t yet know if that’s going to happen in the UK, but I certainly think it’s possible. The company’s guidance for the year ahead suggests profits will fall this year, although management says “forecasting 2022/23 is difficult”. More broadly, I think it’s wo...
Despite the concerns I’ve highlighted above, I think Currys is a decent business with good management. I don’t think the shares are too expensive, either. The latest broker forecasts I can find price Currys at seven times 2022/23 forecast earnings, with a 4.9% dividend yield. Last week’s accounts show decent cash generation with a substantial reduc...
Nov 15, 2024 · Get Currys PLC (CURY.L) real-time stock quotes, news, price and financial information from Reuters to inform your trading and investments
- 89M
What are the analyst and broker recommendations for Currys? The overall consensus recommendation for is Buy. You can view the full broker recommendation list by unlocking its StockReport. To buy shares in you'll need a share-dealing account with an online or offline stock broker.
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