A Year End Roundup of Three Key FTSE Stocks – JD Sports Fashion Plc, Ted Baker Plc and Spirax-Sarco Engineering Plc

A Year End Roundup of Three Key FTSE Stocks – JD Sports Fashion Plc, Ted Baker Plc and Spirax-Sarco Engineering Plc

JD Sports Fashion Plc

JD Sports Fashion Plc (LON: JD.) is a Bury, United Kingdom based general retailing company that operates a chain of retail stores which sell branded leisurewear. The group’s business is divided into two segments, which are Sports Fashion and Outdoor. Its sports fashion segment features brands like Chau sport, Getthelabel.com, Kukri Sports, Scotts, JD Gyms, Nicholas Deakins, Sprinter, Source Lab, Tessuti, Cloggs, and Kooga. Its outdoor segment comprises of brands like Tiso, Millets, Blacks, and Ultimate Outdoors.

Financial Performance

On 10th September 2019, the company announced the half yearly results for the twenty-six weeks ended on 3rd August 2019. The company reported a 47 per cent year on year increase in the revenue at £2721.2 million in H1 FY 2020 as opposed to £1846.3 million in H1 FY 2019. This was primarily driven by robust total like for like revenue growth in global Sports Fashion division of 12 per cent which included an excellent growth of more than 10 per cent in the core UK and Ireland Sports space. The gross profit percentage fell to 46.9 per cent during the period as against 48.2 per cent in H1 FY 2019. The adjusted earnings per ordinary share grew to GBX 13.36 per share during the period, post which the management of the company proposed an interim dividend of GBX 0.28 per share for the period, as opposed to GBX 0.27 per share for the same period in the previous year.

Share Price Performance

(Source: Thomson Reuters) Daily Chart as on 16-December-19, before the close of the market

As on 16th December 2019, at 01:40 P.M Greenwich Mean Time, at the time of writing, JD Sports Fashion Plc’s price of the share was reported to be trading at GBX 805.00 per share on the London Stock Exchange, an increase in the value of 2.84 per cent or GBX 22.20 per share, as opposed to the last day’s closing share price, which was reported at GBX 782.80 per share. The market capitalisation of the company was reported at GBP 7.618 billion in reference with the current share price of the company.

The JD Sports Fashion Plc share has shown a positive change in the last six months in the value, of around 36.21 per cent from the price of the share of GBX 591.00 per share that the company’s share achieved on June 17, 2019. JD Sports Fashion Plc’s share has also gone up by 4.55 per cent in value, in the last one month from the price of GBX 770.00 per share that it closed at on November 18, 2019.

Company’s stock beta was reported to be at a value of 0.81. With this, it can be implied that share price movement of JD Sports Fashion Plc, is less volatile, as opposed to the movement of the comparative market index.

Ted Baker Plc

Ted Baker Plc (LON: TED) is a London, United Kingdom based international personal goods company that is primarily engaged in the business of selling lifestyle products such as apparel, accessories and a host of other products such as gift items. The company operates through three key business divisions which are Retail, Wholesale as well as License Income. Through the license Income segment, the company is in the business of operating both territorial and product licences. The company has product licenses for Childrenswear, Eyewear, Footwear, Fragrance and Skinwear and a large variety of other products as well.

TED Trading Update

On 10th December 2019, the company released its trading update as well as outlook for the period ending on 25th January 2020. The company mainly highlighted that trading around the month of November and the Black Friday period was below the anticipations of the board, with lower than expected margins and sell through. The company also highlighted that there were expectations of the fact that the unfavourable trading environment will continue, and hence it was appropriate to take more careful expectations for the rest of the financial year, which includes the key trading months of December 2019 and January 2020 due to the festive period around this time.

TED Share Price Performance

(Source: Thomson Reuters) Daily Chart as on 16-December-19, before the close of the market

As on 16th December 2019, at 01:45 P.M Greenwich Mean Time, at the time of writing, Ted Baker Plc’s price of the share was reported at GBX 386.80 per share on the London Stock Exchange, an increase in the value of 3.76 per cent or GBX 14.00 per share, as opposed to the last day’s closing share price, which was reported at GBX 372.80 per share. The market capitalisation of the company was reported at GBP 166.14 million in reference with the current share price of the company.

The Ted Baker Plc share has shown a negative change in the last six months in the value, of around 56.76 per cent from the price of the share of GBX 894.50 per share that the company’s share achieved on June 17, 2019. Ted Baker Plc’s share has also gone up by 2.44 per cent in value, in the last one month from the price of GBX 377.60 per share that it closed at on November 18, 2019.

Company’s stock beta was reported to be at a value of 0.94. With this, it can be implied that share price movement of Ted Baker Plc, is slightly less volatile, as opposed to the movement of the comparative market index.

Spirax-Sarco Engineering Plc

Spirax-Sarco Engineering Plc (LON: SPX) is a Cheltenham, United Kingdom based Industrial engineering company that mainly has an expertise in the control and management of steam, electrical, thermal energy solutions, peristaltic pumping and associated fluid path technologies.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ The Steam Specialties business and Chromalox give a wide scope of liquid control and electrical procedure warming items, designed bundles, site administrations and frameworks skill for a differing scope of modern and institutional clients. The two businesses help their end clients to improve generation productivity, meet their natural maintainability targets, improve item quality and upgrade the security of their tasks. Watson‐Marlow Fluid Technology Group offers the perfect answer for a wide assortment of requesting liquid way applications with exceptionally precise, controllable and for all intents and purposes support free siphons and related advancements. The Steam Specialties business, including Spirax-Sarco and Gestra, is the worldwide driving supplier of items, arrangements and administrations for the control and the executives of steam in mechanical and business applications.

SPX Trading Update

On 13th November 2019, the company come up with a trading update for the four months period ended on 31st October 2019. The company highlighted that the organisation's organic sales growth rate in the four months reporting period declined from that achieved in the first six months of the year, albeit continued to be better than the IP segment growth. Sales surge in the Steam Specialties business was below par softened as per the anticipations of the management of the company, in response to decline in the growth rates of the IP segment, with the slowdown being more visible in the Europe Middle East as well as the African (EMEA) region, as opposed to the American as well as Asia Pacific region. It was also highlighted by the company that the growth in the Watson-Marlow Fluid Technology segment of the company was robust, and above of what was seen during the first half of the current financial year.

SPX Share Price Performance

(Source: Thomson Reuters) Daily Chart as on 16-December-19, before the close of the market

As on 16th December 2019, at 01:50 P.M Greenwich Mean Time, at the time of writing, Spirax-Sarco Engineering Plc’s price of the share was at GBX 8905.00 per share on the London Stock Exchange, an increase in the value of 3.55 per cent or GBX 305.00 per share, as opposed to the last day’s closing share price, which was reported at GBX 8600.00 per share. The market capitalisation of the company was reported to have been at GBP 6.335 billion in reference with the current share price of the company.

The Spirax-Sarco Engineering Plc share has shown a positive change in the last six months in the value, of around 2.12 per cent from the price of GBX 8720.00 per share that the company’s share achieved on June 17, 2019. Spirax-Sarco Engineering Plc’s share has also gone up by 6.84 per cent in value, in the last one month from the price of GBX 8335.00 per share that it closed at on November 18, 2019.

Company’s stock beta was reported to be at a value of 0.99. With this, it can be implied that share price movement of Spirax-Sarco Engineering Plc, as volatile as the movement of the comparative market index.

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