Peel Hunt Reaffirms Add Rating for Alumasc Group (ALU)

Peel Hunt restated their add rating on shares of Alumasc Group (LON:ALU) in a research note released on Thursday.

Separately, FinnCap restated a corporate rating on shares of Alumasc Group in a report on Thursday, October 25th.

Alumasc Group stock remained flat at $GBX 128.50 ($1.68) during midday trading on Thursday. 8,832 shares of the company’s stock traded hands, compared to its average volume of 80,404. Alumasc Group has a 12-month low of GBX 115 ($1.50) and a 12-month high of GBX 195 ($2.55).

Alumasc Group (LON:ALU) last issued its quarterly earnings results on Tuesday, September 11th. The company reported GBX 14.40 ($0.19) EPS for the quarter, missing the consensus estimate of GBX 14.50 ($0.19) by GBX (0.10) ($0.00). Alumasc Group had a return on equity of 24.03% and a net margin of 5.13%.

The business also recently disclosed a dividend, which was paid on Wednesday, October 31st. Shareholders of record on Thursday, October 4th were issued a dividend of GBX 4.40 ($0.06) per share. This represents a yield of 3.18%. The ex-dividend date was Thursday, October 4th. This is an increase from Alumasc Group’s previous dividend of $2.95.

About Alumasc Group

The Alumasc Group plc, together with its subsidiaries, manufactures and sells building products in the United Kingdom, Europe, North America, the Middle East, the Far East, and internationally. The company offers solar shading and architectural screening products; roofing and walling products, including waterproofing systems for flat roofs and exterior wall insulation systems, as well as roofing support services; and water management solutions to manage and attenuate water originating inside or outside of the buildings.

Read More: Yield Curve

Receive News & Ratings for Alumasc Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alumasc Group and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply