Marks And Spencer Group Plc Share Chat - Chat About MKS Shares - MKS
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MKS Marks And Spencer Group Plc

273.80
-3.00 (-1.08%)
21 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Marks And Spencer Group Plc LSE:MKS London Ordinary Share GB0031274896 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -3.00 -1.08% 273.80 272.20 272.40 277.50 272.10 276.70 15,053,486 16:35:11
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc General Mdse Stores 11.93B 363.4M 0.1842 14.78 5.37B
Marks And Spencer Group Plc is listed in the Misc General Mdse Stores sector of the London Stock Exchange with ticker MKS. The last closing price for Marks And Spencer was 276.80p. Over the last year, Marks And Spencer shares have traded in a share price range of 160.90p to 293.20p.

Marks And Spencer currently has 1,972,347,176 shares in issue. The market capitalisation of Marks And Spencer is £5.37 billion. Marks And Spencer has a price to earnings ratio (PE ratio) of 14.78.

Marks And Spencer Share Discussion Threads

Showing 28326 to 28347 of 28350 messages
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DateSubjectAuthorDiscuss
21/5/2024
17:18
Leaky before results tomorrow ?
philanderer
21/5/2024
11:27
Greencore figures to augur well for MKS figures?
eigthwonder
21/5/2024
10:51
OCADO growing the fastest and LIDL showing remarkable growth with ASDA a laggard...
debsdowner
18/5/2024
19:40
Marks & Spencer (MKS.L) — Reports on Wednesday 22 May


​​Investors expect Marks & Spencer’s upcoming full year earnings to show an ongoing recovery for the British retailer.

Analysts have nudged up the consensus underlying pre-tax profit forecast for the year to March 2024 to £653m, compared to the range of £550m to £600m that had prevailed before the interims, according to AJ Bell.

"Shares in Marks & Spencer are trading very close to five-year highs, and they rank as the second-best performers within the ranks of the FTSE 100 (^FTSE) over the past 12 months. However, the share price is almost unchanged in 2024 and that slight loss of momentum may reflect, bottom up, management’s efforts to keep a lid on earnings forecasts and, top down, the delay on the long-awaited interest cuts from the Bank of England," the investment platform analysts said.

Adding to the positive sentiment surrounding M&S shares is the recent bullish stance taken by several brokers. Last month, both JPMorgan and Jefferies upgraded the stock to the equivalent of "buy" ratings.

"Such broker upgrades often serve as a positive factor for a stock's performance, as they can influence investor sentiment and attract additional demand," Chris Beauchamp, chief market analyst at IG, wrote.

For the current fiscal year, the dividend forecast stands at 6.2p, representing a yield of 2.3% at the current share price.

"Notably, this dividend forecast is nearly double the figure for the previous year ended 31 March. With dividends on the rise, M&S could potentially attract a new set of investors seeking passive income streams," he added.

Guy Lawson-Johns, equity analyst at Hargreaves Lansdown, reminds investors that the retail sector is tricky.

“So far, trading this year has given Marks and Spencer shareholders plenty to be happy about. Growing market share and margins whilst embarking on a significant cost-cutting programme is a tough balancing act, but the group’s nailed it so far. Along with Lidl and the retail arm of Ocado (OCDO.L), which it owns a 50% share of, M&S is ranked as Britain’s fastest-growing grocer over the last quarter," he said.

"But the retail sector is a notoriously tricky operating environment and wage inflation and business rates have provided an unwanted challenge to its cost cutting programme. Despite this, next week’s full-year results are still expected to land in line with analyst estimates. This includes revenue growth of 8.9% over the year, to £13bn, and operating profit growth of 28.5% to £805m", he added.

Stocks to watch next week

johnwise
18/5/2024
14:02
Ocado credits Clarkson’s Farm for British produce sales spike

Please do your own research as always and follow FCA Guidelines.

qantas
18/5/2024
09:58
Indeed

Daily Mail (share of the week): Investors hope Marks & Spencer can continue its dazzling recovery; the retailer will declare its full-year results on Wednesday; Analysts are forecasting overall sales of £12.9bn, an 8% increase on the year before.

philanderer
18/5/2024
08:04
Marks & Spencer set to ring up profits leap after impressive year
Most analysts are pencilling in a 35% rise in underlying pre-tax profits to £653 million for the year to April on revenues 8.9% higher.

High street bellwether Marks & Spencer is expected to reveal a jump in annual profits on Wednesday when it reports back after a bumper year.

The retailer has enjoyed buoyant sales across its food halls and clothing and home arm, having undergone a significant turnaround plan in recent years, including cost-cutting and store closures.

It has also delivered cheer for investors, resuming its dividend payout in 2023 after a four-year pause, in a year that also saw it return to the FTSE 100 Index.

Most analysts are pencilling in a 35% rise in underlying pre-tax profits to £653 million for the year to April on revenues 8.9% higher, according to AJ Bell.

bigbigdave
16/5/2024
20:19
Next wednesday...


'Marks & Spencer earnings preview – signs of growth appear'

​​Marks & Spencer’s upcoming full year earnings should show an ongoing recovery for the iconic British retailer.

philanderer
16/5/2024
17:17
Marks to improve it's formalwear and more fashionable items..
debsdowner
15/5/2024
13:22
Barclays raises Marks & Spencer price target to 315 (300) pence - 'overweight'
philanderer
14/5/2024
22:45
Nets direct M&S sells most underwear.

As the market leader for lingerie in the UK with a 22.9% market share – the retailer sold 21 million bras last year (that's the equivalent of 40 bras every minute!) and has been driving innovation in the category for nearly 100 years. The M&S Bra Fit campaign runs from February 15th – March 14th, 2023.15 Feb 2023



Please do your own research as always and always follow FCA guidelines

qantas
14/5/2024
16:19
debs: nonsense - its 100% the reverse.... I nearly always want to buy such things as t-shirts, pants and socks... Always disappointed by M&S range.
I go to TK-MAX and the stock range, price and quantity is amazing...
Never disappoints.

netcurtains
14/5/2024
16:12
netcurtains,

TK MAX is a scruffy set up and hasn't the stock that MKS has.

QUANTAS,

ROBOT very amusing.

ASDA doing another property deal to sell off a freehold but it is selling off the family silver and can go wrong in the long term.

debsdowner
14/5/2024
11:21
John this is debsdowners MKS not about global warming or war as you have your own chatlines for that.

Debsdowner Robot has been busy.

The Robot Grocery Wars Heat Up



Please do your own research as always and follow FCA guidelines.

qantas
13/5/2024
22:10
The Govenments Global Warming SCAM Update:

VIDEO

Net Zero Watch: The wheels are coming off the narrative of fear



Video: Mark Levin sussed the government scam
The truth about global warming


If Zero CO2 was ever achieved every tree on the planet would die
VIDEO: A Dearth of Carbon Dr. Patrick Moore

johnwise
13/5/2024
06:30
I was referring to the wider point about what TK sells as I have supplied them before
thebears1
12/5/2024
22:08
thebears1: how do you know when a t-shirt or socks or pants or jumper is out of date - that just sounds nuts......
😀

netcurtains
12/5/2024
20:38
People who want to buy at MKS and other clothing stores do so because they don't want clothes which are many seasons out of date which is was TJ Maxx sellThey also prefer the shopping experience and environment to TKIt's absolutely chalk and cheese
thebears1
12/5/2024
20:30
I dont really understand how MKS makes money on clothes...

For me, I look at M&S clothes, nothing is quite what I want.

I go to TKMAX (or uniqlo) and I find lots of things I want
at a lower price...

Why are people buying stuff in M&S - it doesn't make sense....
You want a t-shirt or jumper or pants or socks its always
better (more choice/brands) at TKMAX ....

netcurtains
12/5/2024
09:54
Johnwise = filtered
johnrxx99
12/5/2024
07:17
VIDEO

The UK Is Being Extinguished - Ben Habib

johnwise
11/5/2024
19:17
Throg get a life or Robot will put you in his moat.

Please do your own research as always and follow FCA guidelines.

qantas
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