Associated British Foods (ASBFY) Stock Price & Analysis

ASBFY Stock Chart & Stats

$25.76$0.56(2.22%)

At close: Oct 30 4:00 PM EDT

Day’s Range: $25.76 - $25.76
52-Week Range: $23.55 - $30.15
Previous Close: $25.20
Volume: 3,957
Average Volume (3M): 2,129
Market Cap: $18.00B
Enterprise Value: $23.15B
Total Cash (Recent Filing): $712.39M
Total Debt (Recent Filing): $3.74B
Price to Earnings (P/E): 14.3
Beta: 0.17
Next Earnings: Nov 03, 2026 (Est.)
EPS Estimate: 1.15
Last Dividend Ex-Date: May 29, 2026
Dividend Yield: 3.24%

Bulls Say, Bears Say

Bulls Say

Conservative Balance Sheet And Liquidity

Conservative leverage and substantial liquidity give ABF financial resilience across its food, ingredients, sugar, agriculture and retail businesses. This supports continued investment and shareholder returns while providing capacity to absorb operating volatility over the next several quarters.

Primark Scale And Digital Customer Engagement

Primark combines meaningful operating scale with improving customer data and digital engagement. Rising website traffic, a larger CRM base, nationwide Click & Collect and a new app can strengthen customer retention, store productivity and future expansion economics.

Diversified Business Model And Branded Demand

ABF's presence across staple foods, business-to-business ingredients, agriculture and value retail diversifies revenue sources and end-market exposure. Its branded products and Primark format provide multiple avenues for demand, investment and growth rather than reliance on one category.

Bears Say

Profit And EPS Decline With Cautious Guidance

The decline in operating profit and EPS, together with guidance for below-last-year full-year results, indicates weaker near-term earnings power. H2 weighting increases execution dependence, while reduced profitability can constrain reinvestment and make recovery more sensitive to demand and costs.

Sugar Segment Moving To A Full-year Loss

Sugar has shifted from being a contributor to a material drag on group earnings because prolonged low European selling prices have caused losses. A full-year deficit reduces portfolio profitability and may require management attention or further operational action to restore returns.

Weak Free-cash-flow Conversion

Lower free cash flow and weak conversion from accounting profit reduce the cash available for investment, dividends and buybacks. Although operating cash flow remains positive, the deterioration points to working-capital or cash-outlay pressure that could persist into upcoming reporting periods.

Associated British Foods News

AB Foods price target lowered to 1,520 GBp from 1,550 GBp at Citi

Citi lowered the firm’s price target on AB Foods (ASBFY) to 1,520 GBp from 1,550 GBp and keeps a Sell rating on the shares. Published first on TheFly – the

1M agoASBFY ABF

AB Foods price target lowered to 1,600 GBp from 1,650 GBp at Morgan Stanley

Morgan Stanley lowered the firm’s price target on AB Foods (ASBFY) to 1,600 GBp from 1,650 GBp and keeps an Underweight rating on the shares. Published first on TheFly –

1M agoASBFY ABF

AB Foods downgraded to Hold from Buy at Kepler Cheuvreux

Kepler Cheuvreux analyst Jon Cox downgraded AB Foods (ASBFY) to Hold from Buy with a price target of 1,900 GBp, down from 2,100 GBp. The firm views the company’s fiscal

1M agoASBFY ABF

AB Foods price target lowered to 2,040 GBp from 2,100 GBp at UBS

UBS analyst Sreedhar Mahamkali lowered the firm’s price target on AB Foods (ASBFY) to 2,040 GBp from 2,100 GBp and keeps a Neutral rating on the shares. Published first on

1M agoASBFY ABF

AB Foods price target lowered to 1,790 GBp from 1,850 GBp at Deutsche Bank

Deutsche Bank lowered the firm’s price target on AB Foods (ASBFY) to 1,790 GBp from 1,850 GBp and keeps a Hold rating on the shares. The company delivered its third

1M agoASBFY ABF

AB Foods price target lowered to 1,645 GBp from 1,700 GBp at JPMorgan

JPMorgan lowered the firm’s price target on AB Foods (ASBFY) to 1,645 GBp from 1,700 GBp and keeps a Neutral rating on the shares. Published first on TheFly – the

1M agoASBFY ABF

AB Foods price target lowered to 1,950 GBp from 1,970 GBp at Barclays

Barclays analyst Warren Ackerman lowered the firm’s price target on AB Foods (ASBFY) to 1,950 GBp from 1,970 GBp and keeps an Equal Weight rating on the shares. Published first

1M agoASBFY ABF

AB Foods price target raised to 1,550 GBp from 1,330 GBp at Citi

Citi raised the firm’s price target on AB Foods (ASBFY) to 1,550 GBp from 1,330 GBp and keeps a Sell rating on the shares. Published first on TheFly – the

1M agoASBFY ABF

Grace Smalley Reiterates Sell on ABF as Cut Earnings Forecasts and Sugar Losses Undermine Risk-Reward Despite Unchanged 1,650p Target Price

Grace Smalley, an analyst from Morgan Stanley, maintained the Sell rating on Associated British Foods. The associated price target is p1,650.00. Grace Smalley has given his Sell rating due to

3M agoASBFY ABF

AB Foods price target lowered to 1,700 GBp from 1,780 GBp at JPMorgan

JPMorgan lowered the firm’s price target on AB Foods (ASBFY) to 1,700 GBp from 1,780 GBp and keeps a Neutral rating on the shares. Published first on TheFly – the

4M agoASBFY ABF

AB Foods price target lowered to 1,330 GBp from 1,410 GBp at Citi

Citi lowered the firm’s price target on AB Foods (ASBFY) to 1,330 GBp from 1,410 GBp and keeps a Sell rating on the shares. Published first on TheFly – the

4M agoASBFY ABF

Associated British Foods Balances Primark Gains and Profit Pain

Associated British Foods Plc (($ASBFY)) has held its Q2 earnings call. Read on for the main highlights of the call. Associated British Foods reported a nuanced first half, blending operational

5M agoASBFY AFO2

Associated British Foods Earnings Call: Growth Amid Strain

Associated British Foods Plc (($ASBFY)) has held its Q2 earnings call. Read on for the main highlights of the call. Associated British Foods’ latest earnings call painted a picture of

6M agoASBFY AFO2

Structural and Cyclical Headwinds at ABF: Margin Pressure, EPS Downgrades and Limited Upside Drive Sell Rating

Richard Edwards, an analyst from Goldman Sachs, maintained the Sell rating on Associated British Foods. The associated price target was lowered to p1,750.00. Richard Edwards has given his Sell rating

9M agoASBFY ABF

ASBFY FAQ

What was Associated British Foods’s price range in the past 12 months?

Associated British Foods lowest stock price was $23.55 and its highest was $30.15 in the past 12 months.

What is Associated British Foods’s market cap?

Associated British Foods’s market cap is $18.00B.

When is Associated British Foods’s upcoming earnings report date?

Associated British Foods’s next earnings report is estimated for Nov 03, 2026 (not yet confirmed), which is in 2 days.

How were Associated British Foods’s earnings last quarter?

Associated British Foods released its earnings results on Apr 21, 2026. The company reported $0.955 earnings per share for the quarter, missing the consensus estimate of $0.97 by -$0.015.

Is Associated British Foods overvalued?

Not enough analysts have published a price target to calculate whether the price is overvalued.

Does Associated British Foods pay dividends?

Associated British Foods pays a Semiannually dividend of $0.276 which represents an annual dividend yield of 3.24%. See more information on Associated British Foods dividends here

What is Associated British Foods’s EPS estimate?

Associated British Foods’s EPS estimate is 1.15.

How many shares outstanding does Associated British Foods have?

Associated British Foods has 702,947,200 shares outstanding.

What happened to Associated British Foods’s price movement after its last earnings report?

Associated British Foods reported an EPS of $0.955 in its last earnings report, missing expectations of $0.97. Following the earnings report the stock price went down -2.783%.

Which hedge fund is a major shareholder of Associated British Foods?

Currently, no hedge funds are holding shares in ASBFY

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Associated British Foods Stock Smart Score

Underperform

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Company Description

Associated British Foods

Associated British Foods plc (ABF) is a global diversified enterprise, encompassing significant operations in food production, ingredient manufacturing, and retail. Its activities are organized across five principal segments: Grocery, Sugar, Agriculture, Ingredients, and Retail. The Grocery division is responsible for the manufacture and distribution of a broad spectrum of grocery items. This includes hot drinks, various sugars and sweeteners, cooking oils, specialty vinegars, a range of bread and baked goods, breakfast cereals, ethnic cuisine components, and meat products, supplied to retailers, wholesalers, and catering businesses alike. Within the Sugar segment, ABF engages in the cultivation, processing, and sale of both sugar beet and sugar cane, primarily catering to industrial clients. Its Agriculture division develops and markets animal feed products, in addition to offering a suite of other goods and services designed for the broader agricultural community. The Ingredients arm focuses on producing specialized components such as baker's yeast, various bakery ingredients, enzymes, lipids, yeast extracts, and unique cereal preparations. The Retail segment, operating through its well-known Primark and Penneys chains, is dedicated to sourcing and selling fashion apparel and accessories. Their extensive offerings span women's, men's, and children's clothing, footwear, various accessories, homeware essentials, and skincare products. Founded in 1935, ABF maintains its corporate headquarters in London, United Kingdom. Associated British Foods plc functions as a subsidiary of Wittington Investments Limited.

Associated British Foods (ASBFY) Earnings & Revenues

Historic Earnings Reports

ASBFY Earnings Call

Q2 2026

0:00 / 0:00

Earnings Call SentimentNeutral

Mixed results: the group demonstrated strong strategic and operational progress (Primark UK recovery, digital and CRM growth, store expansion, franchise success, improved free cash flow, sustained shareholder returns and a resilient balance sheet). However, near‑term financial results were weaker with group adjusted operating profit down 18% and notable challenges in sugar (full‑year loss now expected), Grocery (US oils), some Ingredients and Agriculture segments, plus margin pressure from markdowns. Management reiterated unchanged full‑year guidance except for sugar and highlighted H2 weighting, but geopolitical cost inflation and consumer demand risk remain key uncertainties.

View all ASBFY earnings summaries

Technical Analysis

Overall Consensus

Indicator	Bullish	Neutral	Bearish
Overall Consensus	14	4	4
Technical Analysis	5	4	1
Moving Averages	9	0	3

Technical Analysis >

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Ownership Overview

<0.01% Mutual Funds
<0.01% Other Institutional Investors
99.99% Public Companies and Individual Investors

Detailed Ownership Overview >

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ASBFY Stock Chart & Stats

Bulls Say, Bears Say

Bulls Say

Conservative Balance Sheet And Liquidity

Primark Scale And Digital Customer Engagement

Diversified Business Model And Branded Demand

Bears Say

Profit And EPS Decline With Cautious Guidance

Sugar Segment Moving To A Full-year Loss

Weak Free-cash-flow Conversion

Associated British Foods News

AB Foods price target lowered to 1,520 GBp from 1,550 GBp at Citi

AB Foods price target lowered to 1,600 GBp from 1,650 GBp at Morgan Stanley

AB Foods downgraded to Hold from Buy at Kepler Cheuvreux

AB Foods price target lowered to 2,040 GBp from 2,100 GBp at UBS

AB Foods price target lowered to 1,790 GBp from 1,850 GBp at Deutsche Bank

AB Foods price target lowered to 1,645 GBp from 1,700 GBp at JPMorgan

AB Foods price target lowered to 1,950 GBp from 1,970 GBp at Barclays

AB Foods price target raised to 1,550 GBp from 1,330 GBp at Citi

Grace Smalley Reiterates Sell on ABF as Cut Earnings Forecasts and Sugar Losses Undermine Risk-Reward Despite Unchanged 1,650p Target Price

AB Foods price target lowered to 1,700 GBp from 1,780 GBp at JPMorgan

AB Foods price target lowered to 1,330 GBp from 1,410 GBp at Citi

Associated British Foods Balances Primark Gains and Profit Pain

Associated British Foods Earnings Call: Growth Amid Strain

Structural and Cyclical Headwinds at ABF: Margin Pressure, EPS Downgrades and Limited Upside Drive Sell Rating

ASBFY FAQ

Associated British Foods Stock Smart Score

Company Description

Associated British Foods

Associated British Foods (ASBFY) Earnings & Revenues

ASBFY Earnings Call

Earnings Call Sentiment|Neutral

Technical Analysis

Overall Consensus

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Ownership Overview

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Earnings Call SentimentNeutral