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OFFON

IG GROUP HOLDINGS PLC

(IGG)
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IG Group Holdings plc : No turn-around in sight

07/30/2020 | 03:04am EDT
long trade
Target price hit
Entry price : 750.5GBX | Target : 840GBX | Stop-loss : 690GBX | Potential : 11.93%
IG Group Holdings plc's shares display attractive technical aspects to anticipate a comeback of the underlying trend.
Investors have an opportunity to buy the stock and target the GBX 840.
IG Group Holdings plc : IG Group Holdings plc : No turn-around in sight
Strengths
  • Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
  • Thanks to a sound financial situation, the firm has significant leeway for investment.
  • There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
  • Historically, the company has been releasing figures that are above expectations.
  • The company's attractive earnings multiples are brought to light by a P/E ratio at 11.43 for the current year.
  • This company will be of major interest to investors in search of a high dividend stock.
  • Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
  • Over the past year, analysts have regularly revised upwards their sales forecast for the company.
  • Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
  • For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
  • The tendency within the weekly time frame is positive above the technical support level at 667.5 GBX

Weaknesses
  • With an enterprise value anticipated at 3.66 times the sales for the current fiscal year, the company turns out to be overvalued.

ę MarketScreener.com 2020

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials
Sales 2021 828 M 1 168 M 1 168 M
Net income 2021 343 M 484 M 484 M
Net cash 2021 534 M 754 M 754 M
P/E ratio 2021 9,35x
Yield 2021 4,99%
Capitalization 3 196 M 4 503 M 4 510 M
EV / Sales 2021 3,21x
EV / Sales 2022 3,47x
Nbr of Employees 2 032
Free-Float 99,5%
Upcoming event on IG GROUP HOLDINGS PLC
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 5
Average target price 931,80 GBX
Last Close Price 866,00 GBX
Spread / Highest target 26,7%
Spread / Average Target 7,60%
Spread / Lowest Target -23,0%
EPS Revisions
Managers and Directors
NameTitle
June Yee Felix Chief Executive Officer & Executive Director
Charlie Arthur Rozes Chief Financial Officer & Director
Robert Michael McTighe Chairman
Jonathan Mark Noble Chief Operating Officer & Executive Director
Malcolm John Le May Senior Independent Non-Executive Director
Sector and Competitors