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Persimmon(PSN)

Sector:

Household Goods

Index:

FTSE 250

Market Cap

£708.17m

Change Today

Price Up7.00p

Share Price

236.00p

Persimmon Overview

Named after a Derby winning horse in the 19th century, Persimmon was established in 1972 and currently operates on around 400 developments around the country. The York-based group owns the premium brand Charles Church and in 2006 acquired Westbury to make it the UK's largest house builder.

1 Day Chart (04-Jul-2008)

1 Day Chart

6 Month Chart

6 Month Chart

Income & Efficiency

Latest F'cast
Div Yield 21.7% 17.6%
Div Cover 2.7 1.2
Op Mrgn 21.7% 12.7%
ROCE 25.6%  

Valuation

Latest F'cast
P/E 1.7 3.7
PEG 0.6 n/a
Pr/Revenue 0.2 0.3
Pr/Book 0.3  

Growth

Latest F'cast
Revenue -4.0% -27.5%
PBT 2.8% -52.3%
EPS 2.8% -53.4%
DPS 10.1% 1.3%

Persimmon Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-03 a1,883.00 a341.70 86.80p 6.2 0.2 +30% 18.30p 3.4%
31-Dec-04 a2,131.30 a468.00 113.50p 6.1 0.2 +31% 27.50p 4.0%
31-Dec-05 2,285.70 495.40 118.40p 10.6 2.7 +4% 31.00p 2.5%
31-Dec-06 3,141.90 566.70 133.80p 11.4 0.9 +13% 46.50p 3.0%
31-Dec-07 3,014.90 582.70 137.50p 5.8 1.9 +3% 51.20p 6.4%

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

Persimmon Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-08 2,186.78 278.14 64.08p 3.7 n/a -53% 51.85p 17.6%
31-Dec-09 2,041.21 233.16 50.88p 4.6 n/a -21% 48.47p 16.2%

Covering analysts: ABN AMRO, Citigroup Investment Research, Credit Suisse, Davy Stockbrokers, Goldman Sachs, Kaupthing, Landsbanki Securities, Merrill Lynch, Numis Securities, Panmure Gordon, UBS

Persimmon Company Announcements

Holding(s) in Company 01-Jul-2008 11:39 RNS
Total Voting Rights 01-Jul-2008 09:44 RNS
Holding(s) in Company 12-Jun-2008 15:13 RNS

Persimmon ShareCast News

London close: Miners drag Footsie under 02-Jul-2008 ShareCast
FTSE 250 movers: Providence bid lifts Informa 02-Jul-2008 ShareCast
London afternoon: Footsie holding on 02-Jul-2008 ShareCast

Persimmon Top Newspaper Links

Barratt Developments to cut 1,000 jobs as houseb... 04-Jul-2008 Times
Housing woes shake economy's foundations 03-Jul-2008 Telegraph
Fundraising failure rocks Taylor Wimpey foundati... 03-Jul-2008 The Scotsman

Latest Persimmon Director Deals

No deals were found in the last 28 days.

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.

 

Persimmon Market Data

Currency UK Pounds
Share Price 236.00p Price Up
Change Today +7.00p
52 Week High 1,273.00p
52 Week Low 215.75p
Volume 7,370,421
Shares Issued 300.07m
Market Cap £708.17m
Beta 1.54
RiskGrade 435

Persimmon Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
97.25% above the market average97.25% above the market average97.25% above the market average97.25% above the market average97.25% above the market average
75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average
Price Trend
91.84% below the market average91.84% below the market average91.84% below the market average91.84% below the market average91.84% below the market average
75.76% below the sector average75.76% below the sector average75.76% below the sector average75.76% below the sector average75.76% below the sector average
Income
98.59% above the market average98.59% above the market average98.59% above the market average98.59% above the market average98.59% above the market average
81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average
Growth
70.95% below the market average70.95% below the market average70.95% below the market average70.95% below the market average70.95% below the market average
3.03% above the sector average3.03% above the sector average3.03% above the sector average3.03% above the sector average3.03% above the sector average

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 2
Sell 1
Strong Sell 4
Total 11
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Persimmon Dividends

  Latest Previous
  Final Interim
Ex-Div 05-Mar-08 29-Aug-07
Paid 25-Apr-08 19-Oct-07
Amount 32.70p 18.50p

Trades for 04-Jul-2008

Time Volume / Share Price
17:01 6,801 @ 234.37p
17:01 2,247 @ 234.75p
16:43 55,382 @ 232.08p
16:41 1,000,000 @ 232.20p
16:35 332,532 @ 236.00p

Persimmon Key Personnel

Chair John White
CEO Mike P Farley

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