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Ladbrokes(LAD)

Sector:

Travel & Leisure

Index:

FTSE 250

Market Cap

£1,890.04m

Change Today

Price Up5.00p

Share Price

315.00p

Ladbrokes Overview

Ladbrokes is now solely focused on betting and gaming following the disposal of its Hilton hotels arm. The group operates two online gambling sites and has a telephone betting operation alongside 2,000-plus betting shops in the UK, Ireland and Belgium.

1 Day Chart (16-May-2008)

1 Day Chart

6 Month Chart

6 Month Chart

Income & Efficiency

Latest F'cast
Div Yield 4.4% 4.8%
Div Cover 3.4 1.9
Op Mrgn 33.6% 18.4%
ROCE 277.1%  

Valuation

Latest F'cast
P/E 6.6 11.4
PEG 0.1 n/a
Pr/Revenue 1.5 1.6
Pr/Book n/a  

Growth

Latest F'cast
Revenue 30.4% -6.7%
PBT 44.6% -38.5%
EPS 118.4% -41.6%
DPS 5.3% 4.3%

Ladbrokes Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-03 a8,930.50 a171.20 14.83p 16.8 0.1 +118% 9.87p 4.0%
31-Dec-04 10,122.60 224.60 12.73p 24.7 n/a -14% 10.62p 3.4%
31-Dec-05 905.40 240.20 13.28p 30.3 7.6 +4% 11.51p 2.9%
31-Dec-06 947.40 238.10 21.70p 19.3 0.3 +63% 13.20p 3.2%
31-Dec-07 1,235.00 344.20 47.40p 6.8 0.1 +118% 13.90p 4.3%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

Ladbrokes Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-08 1,151.95 211.52 27.67p 11.4 n/a -42% 14.50p 4.8%
31-Dec-09 1,201.14 216.72 29.39p 10.7 1.7 +6% 14.96p 4.9%

Covering analysts: ABN AMRO, Arbuthnot Securities, Citigroup Investment Research, Credit Suisse, Deutsche Bank Research, Dresdner Kleinwort, Evolution Securities, Goldman Sachs, Investec Securities, Jefferies, JP Morgan, Landsbanki Securities, Lehman Bros, Merrill Lynch, Morgan Stanley, Numis Securities, Société Générale

Ladbrokes Company Announcements

AGM Results 16-May-2008 15:11 RNS
Interim Management Statement 16-May-2008 07:00 RNS
Director/PDMR Shareholding 07-May-2008 12:14 RNS

Ladbrokes ShareCast News

London close: Footsie hits 4-month high 16-May-2008 ShareCast
London afternoon: Stocks continue rising 16-May-2008 ShareCast
London midday: LSE bid talk lifts Footsie 16-May-2008 ShareCast

Ladbrokes Top Newspaper Links

Director Dealings: Sport aims to clean up 27-Apr-2008 Scotland on Sunday
Modesty won't forbid new chief from rising to ch... 14-Apr-2008 The Scotsman
Good Friday for Easter snow punters 24-Mar-2008 Telegraph

Latest Ladbrokes Director Deals

Traded Action Notifier PriceAmountValue
06-May-08 Transfer From John P O'Reilly 0.000p 12 £0.00
06-May-08 Buy John P O'Reilly 328.00p 23 £75.44
06-May-08 Transfer From Christopher Bell 0.000p 12 £0.00

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

Ladbrokes Market Data

Currency UK Pounds
Share Price 315.00p Price Up
Change Today +5.00p
52 Week High 459.75p
52 Week Low 266.00p
Volume 8,476,921
Shares Issued 600.01m
Market Cap £1,890.04m
Beta 1.04
RiskGrade 167

Ladbrokes Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
80.17% above the market average80.17% above the market average80.17% above the market average80.17% above the market average80.17% above the market average
78.18% above the sector average78.18% above the sector average78.18% above the sector average78.18% above the sector average78.18% above the sector average
Price Trend
12.01% below the market average12.01% below the market average12.01% below the market average12.01% below the market average12.01% below the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Income
72.87% above the market average72.87% above the market average72.87% above the market average72.87% above the market average72.87% above the market average
76.92% above the sector average76.92% above the sector average76.92% above the sector average76.92% above the sector average76.92% above the sector average
Growth
51.68% above the market average51.68% above the market average51.68% above the market average51.68% above the market average51.68% above the market average
47.06% above the sector average47.06% above the sector average47.06% above the sector average47.06% above the sector average47.06% above the sector average

What The Brokers Say

Strong Buy 5
Buy 0
Neutral 6
Sell 2
Strong Sell 4
Total 17
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Ladbrokes Dividends

  Latest Previous
  Final Interim
Ex-Div 05-Mar-08 15-Aug-07
Paid 02-Jun-08 03-Dec-07
Amount 9.05p 4.85p

Trades for 16-May-2008

Time Volume / Share Price
17:09 56,186 @ 316.93p
16:36 196 @ 319.25p
16:35 196,542 @ 315.00p
16:29 515 @ 314.50p
16:29 3,818 @ 314.50p

Ladbrokes Key Personnel

CEO Christopher Bell
Chair Sir Ian Robinson
Finance Director Brian G Wallace