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Chemring (GB:CHG)
LSE:CHG
Chemring (CHG) Share Price & Analysis
18 Followers
CHG Stock Chart & Stats
Day’s Range340.75p - 348p
52-Week Range― - ―
Previous Close349p
Volume30.03K
Average Volume (3M)N/A
Market Cap
£942.77M
Enterprise Value957.07M
Total Cash (Recent Filing)£6.40M
Total Debt (Recent Filing)£20.70M
Price to Earnings (P/E)N/A
BetaN/A
Next Earnings
Jun 04, 2024EPS Estimate
£0.1Last Dividend Ex-Date
Mar 21, 2024Dividend Yield1.95%
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
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 RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
422.50pPrice Target Upside23.18% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Chemring News
PremiumCompany Announcements
Chemring Completes Share Buyback and Cancellation
PremiumCompany Announcements
Chemring Executes Share Buyback and Cancellation
Bulls Say, Bears Say
Bulls Say
Business GrowthChemring's growing order book, featuring a notable contract win in Japan for Roke's Electronic Warfare products, underpins a solid foundation for accelerated profit growth and supports a buy recommendation.
Financial SupportChemring’s strategic position is bolstered by substantial European Commission and Norwegian government grants, which will significantly reduce the company's capital expenditures for expanding the Nobel facility.
Operational EfficiencyThe grants received for Chemring Nobel Energetics plant expansion are set to enhance the return on invested capital, reflecting a more efficient use of resources and a stronger financial outlook.
Bears Say
Financial HealthThe company's leverage is projected to reduce to 0.6x in the future fiscal year, which is slightly higher than the initially expected 0.5x.
Financial SupportThe grants are covering only approximately 70% of capital expenditures, not the full amount that was previously assumed.
Operational ChallengesAdverse weather conditions in Kilgore and Norway are causing a shift in profit expectations, with some product deliveries potentially slipping from the first quarter.
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Options Prices
Currently, No data available
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Ownership Overview
1.14% Insiders
6.77% Mutual Funds
6.78% Other Institutional Investors
85.31% Public Companies and
Individual Investors
CHG FAQ
What was Chemring’s price range in the past 12 months?
Currently, no data Available
What is Chemring’s market cap?
Currently, no data Available
When is Chemring’s upcoming earnings report date?
Chemring’s upcoming earnings report date is Jun 04, 2024 which is in 46 days.
How were Chemring’s earnings last quarter?
Chemring released its earnings results on Dec 12, 2023. The company reported 0.119p earnings per share for the quarter, the consensus estimate of 0.119p by 0p.
Is Chemring overvalued?
According to Wall Street analysts Chemring’s price is currently Undervalued.
Does Chemring pay dividends?
Chemring pays a Annually dividend of 4.6p which represents an annual dividend yield of 1.95%. See more information on Chemring dividends here
What is Chemring’s EPS estimate?
Chemring’s EPS estimate is £0.1.
How many shares outstanding does Chemring have?
Currently, no data Available
What happened to Chemring’s price movement after its last earnings report?
Chemring reported an EPS of 0.119p in its last earnings report, expectations of 0.119p. Following the earnings report the stock price went down -0.461%.
Which hedge fund is a major shareholder of Chemring?
Currently, no hedge funds are holding shares in GB:CHG
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Chemring Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
422.50p (23.18% Upside)
422.50p (23.18% Upside)
Insider Transactions
Sold Shares
Worth £902.7K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
19.94%
12-Months-Change
Fundamentals
Return on Equity
9.47%
Trailing 12-Months
Asset Growth
-3.82%
Trailing 12-Months
Company Description
Chemring
Chemring Group PLC is a defence technology company engaged in the development and manufacture of Countermeasures, Sensors, and Energetic Systems for the aerospace, defence and security markets. Its segments are Countermeasures, Sensors and Energetic Systems. The group has a product range including conventional flares, flares, special material decoys, chaff and naval countermeasures. The group is also a contract research and development supplier, trusted by government and industrial partners to solve technically challenging problems. The company has four business units in North America supplying mainly to the US Department of Defense and its prime contractors seven businesses in Europe, supplying NATO and non-NATO customers and one business in Asia Pacific.
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CHG Stock 12 Months Forecast
Average Price Target
422.50p
▲(23.18% Upside)
Technical Analysis
Best Analysts Covering CHG
1 Year
1 Year Success Rate
8/11 ratings generated profit
1 Year Average Return
+15.63%
assigned a buy rating last month
Copying David Farrell's trades and holding each position for 1 Year would result in 72.73% of your transactions generating a profit, with an average return of +15.63% per trade.
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