Earnings Highlights Of Two FTSE All-Share Index Stocks: PDG And MRW

Pendragon Plc

Pendragon Plc (LON:PDG) is a prominent online automotive retailer company. Though it is headquartered in Nottingham, England, it maintains an international existence through automotive software and retail vehicle solutions. The company’s initiatives are concentrated on development in used vehicles, aftersales and repair and new vehicle markets. It trades under the FTSE All-Share index on London Stock Exchange.

PDG – Financial Highlights

On 18th March 2020, the company declared annual result for the year ended 31st December 2019.

The company’s total used unit sold decreased by 5.7 per cent to 165,571 units in the FY2019 versus 175,540 units in FY2018. During the FY2019, the used unit segment sold 27,866 units from Car store, 135,207 units from Franchised UK motors and 2,498 units of US Motors. The total New Units sold decreased by 3.2 per cent to 87,498 units in the FY2019. During the FY2019, New unit segment sold included 81,423 units from Franchised UK motors and 6,075 units from US Motors.

The total revenue decreased to £4,506.1 million in the FY2019 versus £4,627.0 million in FY2018. The gross profit also decreased to £472.7 million versus £550.5 million in FY2018. Operating loss reduced significantly to the loss of £71.1 million during the year versus a loss of £14.4 million in the FY2018.

Total loss for the period increased to almost double of £117.4 million in the FY2019 as compared to £50.5 million in FY2018. The Basic and Diluted loss per share rose to 8.4 pence in the FY2019 versus 3.6 pence in the FY2018.

In the non-current asset, property plant and equipment increased to £628.3 million as at 31st December 2019 versus £463.9 million at 31st December 2018. In current asset, the inventory decreased to £839.0 million 31st December 2019 versus £959.6 million as at 31st December 2018. The lease liability reported to £23.9 million as at 31st December 2019.

PDG – Share Price Performance

On 18th March 2020, at around 12:55 PM (GMT), by the time of writing this report, the stock of Pendragon Plc was trading at a price of GBX 5.33 per share on the London Stock Exchange, a decrease in the value of around 11.75 per cent or GBX 0.71 per share, as opposed to the closing price of the stock on the previous trading day, which has been reported to be at GBX 6.04 per share.

The share price of Pendragon Plc recorded at GBX 28.60 as on 29th March 2019 was its 1-year peak price, whereas the share price recorded at GBX 4.02 as on 18th March 2020 was the 1-year low share price. The current share price was lower by 81.36 per cent from the 1-year high price, whereas the current share price was higher by 32.58 per cent from the 1-year low price.

The beta of the company’s stock has been reported at a value of 1.09, which shows that movement of the share price is slightly more volatile against the movement in the comparative benchmark index.

At the time of writing, the company’s market capitalization was reported at GBP 84.38 million with regard to the stock’s current market price. The free float and outstanding shares of Pendragon Plc stood at 1.10 billion and 1.40 billion, respectively.

WM Morrison Supermarkets Plc

WM Morrison Supermarkets Plc (LON:MRW) is a Yorkshire food retailer which serves consumers throughout the United Kingdom from its more than 500 stores as well as online delivery channels. The company mainly sells food and Grocery via its own manufacturing facilities. The company has more than 0.11 million employees covering over 11 million households. Its shares trade under FTSE All-Share index on London Stock Exchange.

MRW – Financial Highlights

On 18^th March 2020, the company released its preliminary results for the 52 weeks.

The company’s Profit before tax & exceptional increased by 3.0 per cent to £408 million for the 52 weeks ended 2nd February 2020. The Earning per share before exceptionals increased by 2.6 per cent to 13.18 pence versus 12.85 pence in the FY2018/19.

Statutory profit before tax increased by 43.6 per cent to £435.0 million during the year 2019/20. Free cash flow increased to £295 million during the year 2019/20 (excluding £57 million of other non-cash movements). The Return on Capital Employed rose to 7.0 per cent during the year 2019/20 as compared to 6.9 per cent during the year 2018/19.

There was an improvement of 22 basis points to 5.9 per cent in EBITDA margin before exceptionals during the year due to cost control and productivity initiatives, even though some of the effects were negated by the extreme sales environment.

MRW – Share Price Performance

On 18th March 2020, at around 01:38 PM (GMT), by the time of writing this report, the stock of WM Morrison Supermarkets Plc was trading at a price of GBX 197.65 per share on the London Stock Exchange, an increase in the value of around 9.59 per cent or GBX 17.30 per share, as opposed to the closing price of the stock on the previous trading day, which has been reported to be at GBX 180.35 per share.

The share price of WM Morrison Supermarkets Plc recorded at GBX 224.73 as on 04th April 2019 was its 1-year peak price, whereas the share price recorded at GBX 157.55 as on 17th March 2020 was the 1-year low share price. The current share price was lower by 12.05 per cent from the 1-year high price, whereas it was higher by 25.78 per cent from the 1-year low price.

The beta of the company’s stock has been reported at a value of 0.28, which shows that movement of the share price is less volatile against the movement in the comparative benchmark index. The annual dividend yield was reported to be 3.26 per cent at the time of writing.

At the time of writing, the company’s market capitalization was reported at GBP 4.34 billion with regards to the stock’s current market price. The free float and outstanding shares of WM Morrison Supermarkets Plc stood at 2.39 billion and 2.41 billion, respectively.

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