Reviewing Business Performances of three FTSE 250 Stocks – Future Plc, Spectris Plc and Softcat Plc

November 26, 2019 02:49 PM GMT | By Team Kalkine Media
 Reviewing Business Performances of three FTSE 250 Stocks – Future Plc, Spectris Plc and Softcat Plc

Future Plc

Future Plc (LON:FUTR) is a Bath, United Kingdom- based Media services company that is involved in the publishing business with a focus on special interest consumer magazines, online applications as well as websites and other online media. The company operates through a host of brands such as Smart Brief, Bike Perfect, Vector, Thrifter, Modern Dad, Mr Mobile, Imore, Technobuffalo, Windows Central, Crackberry and various other brands each focusing on a specific issue or topic and diving deep into the topic in each publication or media piece. Most of these brands operate in the regions of United Kingdom, Australia as well as the United states of America. The services that the company supplies include the likes of Advertising Solutions, Events, eCommerce, Future Fusion, Digital Licensing, Print Licensing, Audience insight as well as the provision of case studies. In 2019, the company has purchased two specialist consumer brands from Immediate Media Co. which are CyclingNews.com and Procycling Magazine.

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FUTR Financial Performance

On 15th November 2019, the company announced its results for the year ended 30th September 2019. The company reported that the period was a transformative one for them as the growth strategy was implemented successfully. The company reported a robust growth in the revenue, mainly driven by 11 per cent year on year growth in the organic revenue as well as organic growth in the media division amounting to 32 per cent year on year. During the period, the company also made three key acquisitions, Cycling Brands for a consideration of £1.65 million, Mobile Nations for an initial consideration of US$60 million and SmartBrief for an initial consideration of US$45 million. As far as the post reporting period outlook was concerned, the company reported that the FY 2020 has commenced on a bright note and they the management expects the full year figures to exceed the previous guidance and expectations of the market.

FUTR Stock Price Performance

(Source: Thomson Reuters) Daily Chart as at 26-November-19, prior to the market close

On 26th November 2019, at 10:30 A.M GMT, at the time of writing, Future Plc’s stock price has been reported to be trading at GBX 1543.00 per share, an increase of 4.26 per cent or GBX 63.00 per stock, as compared to the previous day’s closing price, which was reported to be at GBX 1480.00 per stock. At the time of reporting, the Future Plc stock was reported to be trading 1.46 per cent below its 52-week high price, which was at GBX 1566.00 per share, that the company’s stock reached on October 31, 2019. Future Plc’s Market capitalisation (M-Cap) has been reported to be at £1.440 billion.

The beta of the Future Plc’s stock was reported to be at 0.8287. This implies, that the stock price movement of the company is less volatile in comparison to the benchmark index’s movement.

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Spectris Plc

Spectris Plc (LON:SXS) is an Egham, United Kingdom based provider of efficiency upgrade tools and instruments. The activities of the group are separated in four working divisions which are Test and Measurement, Industrial Controls, Materials Analysis, as well as In-line Instrumentation. The Test and Measurement business supplies programming and services for item structure streamlining, smaller scale seismic observation, test estimation and examination hardware, ecological clamour checking, and fabricating control. The Industrial Controls division of the organization offers arrangements and items that control, measure, screen and also provides associated reporting templates. Materials Analysis division of the organization is into giving services and items to quantify structure, quality and amount of materials and so on. Expository estimations of procedures, online controls and resource observation is catered to by In-line Instrumentation section.

SXS Trading Update

On 19th November 2019, the company announced a trading update for the period between 1st July 2019 and 31st October 2019. The company’s main highlighting point in the update was that the Like for like sales for the period were flat, as compared to the corresponding period of the previous year, while the like for like sales for the ten months to date period had increased by 1 per cent year on year. In terms of segments, Malvern Panalytical displayed the biggest increase in terms of like for like sales with a 4 per cent year on year rise in the reported period. The company’s growth strategy of expanding internationally also came to light as the Rest of the world geographical segment displayed the biggest rise in terms of like for like sales with a growth of around 11 per cent year on year in the reporting period and a growth of 12 per cent year on year for the ten months to date period.

SXS Stock Price Performance

(Source: Thomson Reuters) Daily Chart as at 26-November-19, prior to the market close

On 26th November 2019, at 10:37 A.M GMT, at the time of writing, Spectris Plc’s stock price has been reported to be trading at GBX 2809.19 per stock, an increase of 0.87 per cent or GBX 24.19 per stock, as compared to the previous day’s closing price, which was reported to be at GBX 2785.00 per stock. At the time of reporting, the Spectris Plc stock was reported to be trading 31.09 per cent above the 52-week low price, which was at GBX 2143.00 per share that the company’s stock reached on December 18, 2018. Spectris Plc’s Market capitalisation (M-Cap) has been reported to be at £ 3.229 billion.

The beta of the Spectris Plc’s stock was reported to be at 0.968. This implies, that the stock price movement of the company is less volatile in comparison to the benchmark market index’s movement.

Softcat Plc

Softcat Plc (LON:SCT) is a Marlow, United Kingdom based software and computer services company that is mainly engaged in the business of reselling of Information technology and information technology enabled services (ITeS) as well as involved in the provision of Information Technology infrastructure related solutions to both private and public sector enterprises. The list of the company’s solutions includes the likes of Information Technology Asset Management, Business Intelligence as well as Data Analytics, Collaboration, Commodity Sourcing, Datacentre, End user computing and Mobility, Networking and security, Services, Software Licensing and also provides on the General Data Protection Regulation (GDPR) norms. The company’s partner firms, include some of the most famous IT and computer services brands in the world like Adobe, Dell EMC, Apple, Check Point, Cisco, Citrix, Hewlett Packard, Lenovo, Microsoft, Sophos, Symantec, VMWare and Mimecast.

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SCT Financial Performance

On 23rd October 2019, the company published a press release to announce its full year results for the year ended 31st July 2019. The company reported a robust performance during the period for both sales as well as profits. It was highlighted that the Cash Conversion stood over 90 per cent for a third consecutive year. In terms of outlook, the company reported that they believe they will be able to gain on additional market share during FY 2020, in spite of the geopolitical uncertainty that stands around the Brexit Scenario. The company reported that the post reporting performance has been excellent as well.

SCT Stock Price Performance

(Source: Thomson Reuters) Daily Chart as at 26-November-19, prior to the market close

On 26th November 2019, at 10:45 A.M GMT, at the time of writing, Softcat Plc’s stock price has been reported to be trading at GBX 1122.00 per stock, a decrease of 0.79 per cent or GBX 8.00 per stock, as compared to the previous day’s closing price, which was reported to be at GBX 1130.00 per stock. At the time of reporting, the Softcat Plc stock was reported to be trading 106.96 per cent above the 52-week low stock price, which was at GBX 542.13 per stock, that the company’s stocks reached on December 18, 2018. Softcat Plc’s Market capitalisation (M-Cap) has been reported to be at £2.240 billion.

The beta of the Softcat Plc’s stock was reported to be at 0.6763. This implies, that the stock price movement of the company is less volatile in comparison to the benchmark market index’s movement.


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