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Reece Limited (REH) Share Price & Analysis

35 Followers

REH Stock Chart & Stats

A$19.27A$0.21(1.10%)
At close: 4:00 PM GMT+11
AU$16AU$17AU$18AU$19Aug 17Aug 31Sep 14Sep 28Oct 12Oct 26Nov 9
Day’s Range
AUD 19.03 - AUD 19.40
52-Week Range
AUD 10.45 - AUD 19.40
Previous Close
AUD 19.06
Volume
N/A
Average Volume (3M)
515.47K
Market Cap
AUD 11.72B
Enterprise Value
AUD 12.52B
Total Cash (Recent Filing)
AUD 327.67M
Total Debt (Recent Filing)
AUD 2.25B
Price to Earnings (P/E)
38.0
Beta
1.57
Next Earnings
Mar 03, 2027 (Est.)
EPS Estimate
0.27
Last Dividend Ex-Date
Oct 06, 2026
Dividend Yield
0.98%

Bulls Say, Bears Say

Bulls Say

Revenue Scale And ANZ Growth

Reece continues to expand its revenue base, with particularly strong ANZ performance supporting group scale. Growth across a broad trade distribution network can strengthen customer relationships, improve operating leverage, and provide a durable platform for future earnings expansion.

Strong Cash Generation

The sharp improvement in operating and free cash flow gives Reece greater capacity to fund branches, digital initiatives, debt service, and shareholder returns internally. Although conversion varies, stronger cash generation improves financial resilience and supports the company’s multi-year growth strategy.

U.S. Network Expansion

Continued branch expansion increases Reece’s physical reach in the U.S. trade distribution market and creates a long-term avenue for scale. The multi-year rollout can deepen customer access and supplier coverage, although returns depend on improving branch maturity and market conditions.

Bears Say

Margin Compression

Falling bottom-line and operating margins indicate that revenue growth is not currently translating proportionally into earnings. Persistent cost pressure, integration effects, or weaker operating leverage could reduce earnings durability and limit the benefit of Reece’s expanding scale.

U.S. Performance Weakness

The U.S. business is expanding its branch footprint while existing-market demand and profitability remain under pressure. Weak residential construction and branch scaling costs may prolong the period before the investment program delivers attractive returns, creating a meaningful drag on group performance.

Higher Leverage And Lower Returns

Rising leverage alongside lower return on equity suggests capital efficiency has weakened even as Reece remains financially serviceable. Higher debt increases financing obligations and can reduce flexibility to invest, absorb operating setbacks, or sustain capital returns if profitability remains pressured.

Reece Limited News

REH FAQ

What was Reece Limited’s price range in the past 12 months?
Reece Limited lowest share price was AU$10.45 and its highest was AU$19.40 in the past 12 months.
What is Reece Limited’s market cap?
Reece Limited’s market cap is AU$11.72B.
When is Reece Limited’s upcoming earnings report date?
Reece Limited’s next earnings report is estimated for Mar 03, 2027 (not yet confirmed), which is in 111 days.
How were Reece Limited’s earnings last quarter?
Reece Limited released its earnings results on Aug 23, 2026. The company reported AU$0.237 earnings per share for the quarter, beating the consensus estimate of AU$0.235 by AU$0.002.
Is Reece Limited overvalued?
According to Wall Street analysts Reece Limited’s price is currently Overvalued.
Does Reece Limited pay dividends?
Reece Limited pays a semiannual dividend of AU$0.134 which represents an annual dividend yield of 0.98%. See more information on Reece Limited dividends here
What is Reece Limited’s EPS estimate?
Reece Limited’s EPS estimate is 0.27.
How many shares outstanding does Reece Limited have?
Reece Limited has 615,092,000 shares outstanding.
What happened to Reece Limited’s price movement after its last earnings report?
Reece Limited reported an EPS of AU$0.237 in its last earnings report, beating expectations of AU$0.235. Following the earnings report the stock price went up 18.305%.
Which hedge fund is a major shareholder of Reece Limited?
Currently, no hedge funds are holding shares in AU:REH
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