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Inghams Group Ltd. (AU:ING)
ASX:ING
Inghams Group Ltd. (ING) Share Price & Analysis
6 Followers
ING Stock Chart & Stats
Day’s RangeAU$0 - AU$0
52-Week RangeAU$2.42 - AU$4.36
Previous CloseAU$3.78
Volume290.34K
Average Volume (3M)1.86M
Market Cap
AU$1.40B
Enterprise ValueAU$3.07B
Total Cash (Recent Filing)AU$131.60M
Total Debt (Recent Filing)AU$1.80B
Price to Earnings (P/E)13.2
Beta0.74
Next Earnings
Aug 15, 2024EPS Estimate
AU$0.15Last Dividend Ex-Date
Mar 14, 2024Dividend Yield5.82%
Share Statistics
EPS (TTM)0.29
Shares OutstandingN/A
10 Day Avg. Volume1,438,102
30 Day Avg. Volume1,864,916
Standard Deviation0.07
R-Squared0.05
Alpha0.00087
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$3.85Price Target Upside1.90% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Inghams Group Ltd. News
PremiumCompany Announcements
Mitsubishi UFJ Ends Major Stake in Inghams Group
PremiumCompany Announcements
Inghams Announces Change in Major Investors
PremiumCompany Announcements
Macquarie Group Ends Substantial Holding in InghamsPremiumCompany Announcements
Inghams Group Performance Rights Cease
PremiumCompany Announcements
Macquarie Group Takes Substantial Stake in Inghams
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe group's financials are robust, with a significant increase in EBITDA, sales growth, and a healthy interim distribution to shareholders.
Market DominanceThe company has a commanding share in a market that continues to grow steadily and shows proficiency in managing product pricing.
Operational EfficiencyShifts in market trends and strategic operational improvements have led to enhanced profit margins, with a clear pathway to achieving a 10% EBIT margin.
Bears Say
Consumer BehaviorThere is a softening in the quick service restaurant channel as consumers respond to cost of living pressures.
Earnings OutlookManagement expects earnings to decline due to typical seasonality and a more challenging operating environment.
Pricing PowerThe company is unlikely to sustain material price increases as the rate of inflation is expected to decrease.
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Options Prices
Currently, No data available
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Ownership Overview
0.19% Insiders
9.29% Mutual Funds
5.12% Other Institutional Investors
85.40% Public Companies and
Individual Investors
ING FAQ
What was Inghams Group Ltd.’s price range in the past 12 months?
Inghams Group Ltd. lowest share price was AU$2.42 and its highest was AU$4.36 in the past 12 months.
What is Inghams Group Ltd.’s market cap?
Currently, no data Available
When is Inghams Group Ltd.’s upcoming earnings report date?
Inghams Group Ltd.’s upcoming earnings report date is Aug 15, 2024 which is in 103 days.
How were Inghams Group Ltd.’s earnings last quarter?
Inghams Group Ltd. released its earnings results on Feb 15, 2024. The company reported AU$0.17 earnings per share for the quarter, missing the consensus estimate of AU$0.171 by -AU$0.001.
Is Inghams Group Ltd. overvalued?
According to Wall Street analysts Inghams Group Ltd.’s price is currently Undervalued.
Does Inghams Group Ltd. pay dividends?
Inghams Group Ltd. pays a Annually dividend of AU$0.12 which represents an annual dividend yield of 5.82%. See more information on Inghams Group Ltd. dividends here
What is Inghams Group Ltd.’s EPS estimate?
Inghams Group Ltd.’s EPS estimate is AU$0.15.
How many shares outstanding does Inghams Group Ltd. have?
Inghams Group Ltd. has 371,679,630 shares outstanding.
What happened to Inghams Group Ltd.’s price movement after its last earnings report?
Inghams Group Ltd. reported an EPS of AU$0.17 in its last earnings report, missing expectations of AU$0.171. Following the earnings report the stock price went down -12.512%.
Which hedge fund is a major shareholder of Inghams Group Ltd.?
Currently, no hedge funds are holding shares in AU:ING
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Inghams Group Ltd. Stock Smart Score
Company Description
Inghams Group Ltd.
Inghams is the largest vertically integrated poultry producer in Australia and New Zealand. The firm enjoys a number-one position in Australia with approximately 40% market share and a number-two position in New Zealand with around 35% share. Inghams supplies poultry products, notably to major Australian supermarkets Woolworths and Coles, and quick-service restaurants McDonalds and KFC. Sales are heavily skewed toward poultry, which includes the production and sale of chicken and turkey products.
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ING Stock 12 Months Forecast
Average Price Target
AU$3.85
▲(1.90% Upside)
Technical Analysis
Inghams Group Ltd.
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Metro AG
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Murray Cod Australia Limited
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Ricegrowers Ltd. Class B
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Bubs Australia Ltd.
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Best Analysts Covering ING
1 Year
1 Year Success Rate
2/5 ratings generated profit
1 Year Average Return
+5.96%
upgraded a buy rating 9 months ago
Copying Jonathan Snape's trades and holding each position for 1 Year would result in 40.00% of your transactions generating a profit, with an average return of +5.96% per trade.
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