Greggs(GRG)

Sector:

Food & Drug Retailers

Index:

FTSE 250

Market Cap

£324.45m

Change Today

Price Up62.00p (2.03%)

Share Price

3,120.00p

Greggs Overview

Greggs is a leading sandwich, savouries and bakery related products retailer, focusing primarily on takeaway food and catering. The group operates around 1,200 retail outlets, mainly under the Greggs and Bakers Oven brands.

1 Day Chart (13-Oct-2008)

1 Day Chart

6 Month Chart

6 Month Chart

Income & Efficiency

Latest F'cast
Div Yield 4.5% 4.8%
Div Cover 2.3 2.1
Op Mrgn 8.5% 7.2%
ROCE 31.2%  

Valuation

Latest F'cast
P/E 9.7 10.2
PEG 0.4 n/a
Pr/Revenue 0.6 0.5
Pr/Book 2.2  

Growth

Latest F'cast
Revenue 6.4% 7.1%
PBT 27.1% -11.9%
EPS 22.5% -3.5%
DPS 20.7% 5.1%

Greggs Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
27-Dec-03 a456.98 a40.47 230.50p 13.6 1.4 +10% 80.00p 2.5%
01-Jan-05 504.19 47.75 270.50p 13.5 0.8 +17% 96.00p 2.6%
31-Dec-05 533.43 50.16 282.10p 16.7 4.2 +4% 106.00p 2.3%
30-Dec-06 550.85 40.24 263.00p 16.3 n/a -7% 116.00p 2.7%
29-Dec-07 586.30 51.14 322.10p 14.6 0.7 +22% 140.00p 3.0%

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

Greggs Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-08 627.78 45.07 306.18p 10.2 n/a -4% 147.14p 4.8%
31-Dec-09 661.52 47.63 328.39p 9.5 1.3 +7% 162.11p 5.3%

Covering analysts: Altium Securities, Blue Oar Securities, Brewin Dolphin Securities, Citigroup Investment Research, Goldman Sachs, Numis Securities, Shore Capital Stockbrokers

Greggs Company Announcements

Director/PDMR Shareholding 10-Oct-2008 17:25 RNS
Interim Management Statement 09-Oct-2008 07:00 RNS
Notice of Results 30-Sep-2008 09:23 RNS

Greggs ShareCast News

Friday tips focus: WH Smith, Wood Group, Henderson 10-Oct-2008 ShareCast
Friday tips round-up: WH Smith, Wood Group, C&C ... 10-Oct-2008 ShareCast
FTSE 250 movers: Miner Aricom recovers 09-Oct-2008 ShareCast

Greggs Top Newspaper Links

Costs take a bite out of Greggs 10-Oct-2008 The Scotsman
Scrutineer - Industrial immunity 10-Oct-2008 The Scotsman
Greggs has recipe to beat credit crunch 01-Aug-2008 The Scotsman

Latest Greggs Director Deals

Traded Action Notifier PriceAmountValue
10-Oct-08 Buy Sir Michael Darrington 3,072.00p 500 £15,360.00
10-Oct-08 Buy Sir Michael Darrington 3,100.00p 500 £15,500.00
15-Aug-08 Buy Kennedy McMeikan 3,762.00p 5,316 £199,987.91

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.

 

Greggs Market Data

Currency UK Pounds
Share Price 3,120.00p Price Up
Change Today +62.00p
52 Week High 5,078.00
52 Week Low 2,918.00
Volume 78,697
Shares Issued 10.40m
Market Cap £324.45m
Beta 0.41
RiskGrade 228

Greggs Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
87.08% below the market average87.08% below the market average87.08% below the market average87.08% below the market average87.08% below the market average
69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average
Price Trend
10.43% above the market average10.43% above the market average10.43% above the market average10.43% above the market average10.43% above the market average
23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average
Income
9.97% above the market average9.97% above the market average9.97% above the market average9.97% above the market average9.97% above the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average
Growth
62.41% below the market average62.41% below the market average62.41% below the market average62.41% below the market average62.41% below the market average
83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 7
Sell 0
Strong Sell 0
Total 8
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Greggs Dividends

  Latest Previous
  Interim Final
Ex-Div 03-Sep-08 23-Apr-08
Paid 03-Oct-08 23-May-08
Amount 49.00p 94.00p

Trades for --2008

Time Volume / Share Price
0 @ 0.000p

Greggs Key Personnel

Finance Director Richard Hutton
CEO Kennedy McMeikan

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4th Floor, Bankside House, 107 Leadenhall Street, London EC3A 4AF.
Registered in England and Wales (registered no. 3678570).