Weir Group (WEIR)

1,552.00p
   
  • Change Today:
    -7.00p
  • 52 Week High: 2,236.00p
  • 52 Week Low: 1,375.00p
  • Currency: UK Pounds
  • Shares Issued: 212.50m
  • Volume: 831,771
  • Market Cap: £3,298.05m
  • RiskGrade: 201
  • Beta: 1.67

Latest ShareCast News

Sunday share tips: Weir, 3i Infrastructure, RBS

Date: Sunday 13 May 2012

Pump and valves specialist Weir Group has been a favourite of the bears this year on concerns the low US natural gas price would crimp orders for equipment for the shale gas industry. The boom in fracking and shale gas production has resulted in a glut of gas in the US – and it does not yet have the infrastructure to support exports. This has resulted in producers reining in gas developments. However, 32 per cent of total revenues in 2011 were generated by the oil and gas unit – and not all of these orders related to US shale. Last week’s trading update revealed that orders in oil and gas slumped 26 per cent on a like-for-like basis in the first quarter. However, order input at its minerals division rose 18 per cent, which was ahead of expectations. Power and Industrial orders were also strong, up 35 per cent, or 27 per cent on a like-for-like basis. This meant the group maintained its full-year guidance. Questor feels very strongly that the long-term prospects of Weir outweigh the short-term issues in some of its markets. Each of its sectors is in a long-term bull market as the global population rises and demand for energy and basic materials rises. For that reason it concludes by saying that, “Questor maintains a buy on this quality company.”

Weir Group Regulatory News

Holding(s) in Company 17-May-2012 17:17 ONE
Holding(s) in Company 15-May-2012 17:25 ONE
Director/PDMR Shareholding 09-May-2012 17:17 ONE
Directorate and Company Secretary change 09-May-2012 17:11 ONE
Result of AGM 09-May-2012 17:04 ONE

Weir Group News Wires

No recent information was found.

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.

 

Weir Group Market Data

Currency UK Pounds
Share Price 1,552.00p
Change Today -7.00p
% Change -0.45 %
52 Week High 2,236.00p
52 Week Low 1,375.00p
Volume 831,771
Shares Issued 212.50m
Market Cap £3,298.05m
Beta 1.67
RiskGrade 201

Weir Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
9.52% above the market average9.52% above the market average9.52% above the market average9.52% above the market average9.52% above the market average
37.25% below the sector average37.25% below the sector average37.25% below the sector average37.25% below the sector average37.25% below the sector average
Price Trend
2.99% above the market average2.99% above the market average2.99% above the market average2.99% above the market average2.99% above the market average
13.79% below the sector average13.79% below the sector average13.79% below the sector average13.79% below the sector average13.79% below the sector average
Income
78.59% below the market average78.59% below the market average78.59% below the market average78.59% below the market average78.59% below the market average
29.03% below the sector average29.03% below the sector average29.03% below the sector average29.03% below the sector average29.03% below the sector average
Growth
83.12% above the market average83.12% above the market average83.12% above the market average83.12% above the market average83.12% above the market average
45.45% above the sector average45.45% above the sector average45.45% above the sector average45.45% above the sector average45.45% above the sector average

What The Brokers Say

Strong Buy 9
Buy 4
Neutral 3
Sell 0
Strong Sell 2
Total 18
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Weir Group Dividends

  Latest Previous
  Final Interim
Ex-Div 02-May-12 05-Oct-11
Paid 01-Jun-12 04-Nov-11
Amount 25.80p 7.20p

Trades for 25-May-2012

Time Volume / Share Price
16:47 2,496 @ 1,522.24p
16:47 5,554 @ 1,522.24p
16:46 825 @ 1,546.00p
16:45 1,571 @ 1,554.15p
16:45 5,027 @ 1,552.16p

Weir Group Key Personnel

CEO Keith Cochrane
Finance Director Jon Stanton

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