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Coats Group plc
(LSE:COA)
Coats Group plc (COA) vs. S&P 500 (SPY)
Coats Group plc Business Overview & Revenue Model
Coats Group plc Financial Statement Overview
| Breakdown | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 1.50B | 1.39B | 1.58B | 1.50B | 1.16B | Gross Profit |
| 511.00M | 483.30M | 486.80M | 484.30M | 351.80M | EBIT |
| 199.80M | 184.00M | 181.00M | 179.40M | 103.10M | EBITDA |
| 278.20M | 260.40M | 233.30M | 230.40M | 155.40M | Net Income Common Stockholders |
| 80.10M | 56.50M | 94.90M | 88.90M | 42.20M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 146.00M | 132.40M | 172.40M | 107.20M | 72.00M | Total Assets |
| 1.61B | 1.71B | 1.92B | 1.51B | 1.21B | Total Debt |
| 678.50M | 603.30M | 672.20M | 353.30M | 318.50M | Net Debt |
| 532.50M | 470.90M | 499.80M | 246.10M | 246.60M | Total Liabilities |
| 1.23B | 1.12B | 1.23B | 927.20M | 893.30M | Stockholders Equity |
| 346.10M | 558.10M | 665.20M | 553.00M | 290.50M |
| Cash Flow | Free Cash Flow | |||
| 68.10M | 92.90M | 62.60M | 97.40M | 50.20M | Operating Cash Flow |
| 95.80M | 123.90M | 96.40M | 128.60M | 65.60M | Investing Cash Flow |
| -61.30M | -20.30M | -319.30M | -30.00M | -48.30M | Financing Cash Flow |
| 3.60M | -147.00M | 295.00M | -57.60M | -99.20M |
Coats Group plc Technical Analysis
Coats Group plc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | £6.42B | 21.41 | 13.99% | 2.29% | 6.10% | 33.05% | |
72 Outperform | £5.39B | 41.65 | 14.50% | 1.48% | 13.59% | 6.14% | |
72 Outperform | £4.44B | 23.57 | 16.16% | 2.68% | -1.03% | 4.06% | |
70 Neutral | £1.74B | 41.20 | 4.71% | 2.42% | -0.68% | -78.93% | |
68 Neutral | £1.15B | 14.29 | 17.76% | 3.19% | 4.70% | 26.05% | |
68 Neutral | £5.99B | 19.09 | 17.83% | 1.66% | -4.95% | 36.95% | |
61 Neutral | $6.66B | 11.77 | 3.06% | 3.96% | 2.60% | -21.54% |
Coats Group plc Corporate Events
Coats Group PLC has announced a change in its major holdings, with Liontrust Investment Partners LLP reducing its voting rights from approximately 10% to just under 5%. This significant decrease in holdings could impact the company’s governance and decision-making processes, potentially influencing its strategic direction and stakeholder relations.
Spark’s Take on GB:COA Stock
According to Spark, TipRanks’ AI Analyst, GB:COA is a Neutral.
Coats Group plc receives an overall score of 64, reflecting a mix of solid financial performance and strategic corporate actions, tempered by bearish technical indicators. The company’s management confidence, as evidenced by share purchases and strategic exits, supports a positive outlook. However, high leverage and bearish market momentum pose challenges. The stock appears fairly valued with a reasonable P/E ratio and dividend yield, but technical analysis suggests caution.
To see Spark’s full report on GB:COA stock, click here.
Coats Group plc announced a transaction involving the purchase of ordinary shares by David Gosnell, the Non-Executive Chair. This transaction, conducted on the London Stock Exchange, involved the acquisition of 148,600 shares at a price of £0.67588 each, amounting to a total of £100,435.77. The purchase reflects a strategic move by the company’s leadership, potentially signaling confidence in the company’s future performance and stability, which may impact stakeholder perceptions positively.
Spark’s Take on GB:COA Stock
According to Spark, TipRanks’ AI Analyst, (GB:COA) is a Outperform.
Coats Group plc exhibits solid financial performance with consistent revenue growth and healthy operating margins. However, high leverage and declining free cash flow are concerns. The company shows reasonable valuation with a decent dividend yield. Despite bearish technical indicators, recent corporate actions reflect strategic focus and confidence in future growth, supporting the overall positive outlook.
To see Spark’s full report on (GB:COA) stock, click here.
Coats Group plc has announced its strategic decision to exit the US Yarns business within its Performance Materials division, following a review of its Americas Yarns operations. This move, which includes the closure of the Kings Mountain, North Carolina facility, is expected to enhance the company’s EBIT margins and allow it to focus on more profitable areas of its portfolio. The exit is anticipated to be completed by Q2, generating a modest cash inflow after closure costs, and reflects Coats’ strategy to streamline operations and concentrate on growth in other segments.
Coats Group plc announced that its Chief Financial Officer, Jacqueline Callaway, exercised nil-cost options over 1,000,328 ordinary shares as part of the company’s Long-Term Incentive Plan. Following this transaction, Callaway sold 472,040 shares to cover tax liabilities and retained 528,288 shares, which will remain subject to a two-year post-vesting holding period. This move reflects the company’s ongoing commitment to aligning executive compensation with long-term performance goals, potentially impacting its financial strategy and shareholder value.
Coats Group plc announced the award of nil cost share options to its CEO, David Paja, and CFO, Jacqueline Callaway, under the Deferred Annual Bonus Plan (DABP) and Long Term Incentive Plan (LTIP). These awards, which are part of the company’s compensation strategy, reflect the achievement of 2024 bonus targets and are subject to specific forfeiture and clawback provisions. The LTIP includes performance measures such as earnings per share growth, cash conversion, total shareholder return, and sustainability goals, which are aligned with the company’s strategic objectives and market expectations.
Coats Group plc announced a transaction involving the purchase of ordinary shares by Sarah Highfield, an Independent Non-Executive Director. The transaction, conducted on the London Stock Exchange, involved the acquisition of 59,227 shares at a total price of £49,414.51, reflecting the company’s ongoing commitment to strengthening its governance and aligning management interests with shareholder value.
Coats Group plc has released its Annual Financial Report for 2024, which is now available on their website and the National Storage Mechanism. The report details the company’s financial performance, with a revenue of $1.5 billion, and outlines its commitment to sustainability and innovation. The release of the report is significant for stakeholders as it highlights Coats’ strategic focus on maintaining its market position and advancing its sustainability goals, including its aspiration to achieve net-zero by 2050.
Coats Group plc announced a significant transaction involving its Chief Executive Officer and Executive Director, David Paja, who purchased 150,000 ordinary shares at a price of £0.8302762 per share, totaling £124,541.43. This transaction, conducted on the London Stock Exchange, reflects a potential vote of confidence in the company’s future prospects and may influence stakeholder perceptions regarding the company’s market positioning.
Coats Group plc reported strong financial results for 2024, with an 8% increase in revenue and a 16% rise in adjusted EBIT. The company achieved significant market share gains in apparel and footwear, and saw a 144% revenue growth in recycled thread products. Strategic initiatives, including the closure of the Toluca site and a UK pension de-risking, have positioned Coats for further growth. The company has set ambitious medium-term targets, including organic revenue growth of over 5% and EBIT margins of 19-21%, while maintaining a strong financial position to support capital allocation strategies.