Interesting Insights from Four FTSE Stocks – SRP, BAG, HYVE and MERC

Serco Group Plc

Serco Group Plc (LON: SRP) is the United Kingdom based industrial support services organisation. Its shares got listed on the main market of the London Stock Exchange and were admitted in 1988, on the bourse for trading. The group is a constituent of FTSE 250, FTSE 350 and FTSE All-Share indices. Its geographical area of operations is divided into 4 regions- the UK, the Americas, Asia Pacific and the Middle East. The company operates in sectors like Defence, Healthcare, Justice, Immigration, Transport as well as other citizen services.

SRP Financial Performance

On 31st July 2019, the company had announced its results for the first half of the year ended 30th June 2019. The company reported a year on year growth of 8 per cent in the revenue from £1366.2 million in H1 2018 to £1475.5 million in H1 2019. This also reflected in the underlying trading profit, which grew by 35 per cent year on year from £37.6 million in H1 2018 to £50.6 million in H1 2019. The underlying diluted earnings per share was reported at GBX 2.62 per share in H1 2019, as opposed to GBX 1.84 per share reported in the first half of the previous year. The company generated a free cash flow of £0.4 million.

SRP Share Price Performance

(Source: Thomson Reuters) Daily Chart as on 06-December-19, prior to the close of the market

On 6th December 2019, at 11:30 A.M GMT, while writing, Serco Group Plc’s share price was reported to be trading at GBX 146.10 per share on the London Stock Exchange, a decline of 1.28 per cent or GBX 1.9 per share, as compared to the previous day’s closing price, which was reported to be at GBX 148.00 per share. The company’s market capitalisation (M-Cap) was reportedly valued to be at GBP 1.810 billion with respect to the share’s current market price.

The beta of the Serco Group Plc’s share has been reported to be at 1.4989. This basically implies that the volatility in the price of the company’s stock, is more than the volatility in the movement of the comparative benchmark index.

A.G. Barr Plc

A.G. Barr Plc (LON: BAG) is the United Kingdom based company engaged in the production of soft drinks and cocktail mixers. The company has mainly three divisions which are – Carbonates, Still drinks and Water and other soft drink related items such as water cups. The company’s brands include an array of old and new products such as the Irn-Bru which was initially launched in 1901, the market leader drink in fruit juices – Rubicon or the industry leader in spring water drinks – Strathmore.

BAG Financial Performance

On 24th September 2019, the company announced its interim results for the six months ended 27th July 2019. The company reported a revenue of £122.5 million for the period, as opposed to £136.9 million in the same period during the previous year. The operating margin reportedly stood at 11.6 per cent for the period. The Earnings per share before exceptional items was highlighted to be at GBX 9.83 per share in the reporting period as against GBX 12.74 per share during the same period in the previous year. The management of the company proposed a dividend of GBX 4.00 per share for the period in comparison with the interim dividend declared in H1 2018 at GBX 3.90 per share, reflecting the company’s progressive dividend policy.

BAG Share Price Performance

(Source: Thomson Reuters) Daily Chart as on 06-December-19, prior to the close of the market

On 6th December 2019, at 11:35 A.M GMT, while writing, A.G. Barr Plc’s share price was reported to be trading at GBX 549.00 per share on the London Stock Exchange, a decline of 0.54 per cent or GBX 3.00 per share, as compared to the previous day’s closing price, which was reported to be at GBX 552.00 per share. The company’s market capitalisation (M-Cap) was reportedly valued to be at GBP 620.60 million with respect to the share’s current market price.

The beta of the A.G. Barr Plc’s share has been reported to be at 0.3180. This basically implies that the volatility in the price of the company’s stock, is less than the volatility in the movement of the comparative benchmark index.

Hyve Group Plc

Hyve Group Plc (LON: HYVE) is the United Kingdom based event management company. The company creates and hosts events which support various Industries. The company has a robust history of organising great events for all sorts of industries around the globe, making them one of the top event designers and hosts across the globe. It is associated with events such as the Africa Oil Week, Glitter, which is a lifestyle festival in India, Mining world Ukraine.

HYVE Financial Performance

On 6th December 2019, the company announced its preliminary results for the year ended 30th September 2019. The company reported an increase in the revenue from £175.7 million in FY 2018 to £220.7 million in FY 2019. The headline Profit before tax also grew from 35.4 million in FY 2018 to £50.4 million in FY 2019. The headline operating profit margin during the year was reported to be at 25 per cent for the period. The headline diluted earnings per share was highlighted to be flatlined year on year at GBX 4.9 per share. The company also reported that the management proposed a full-year dividend of GBX 2.5 per share, which was also exactly the same as in the year 2018.

HYVE Share Price Performance

(Source: Thomson Reuters) Daily Chart as on 06-December-19, prior to the close of the market

On 6th December 2019, at 11:40 A.M GMT, while writing, Hyve Group Plc’s share price was reported to be trading at GBX 83.80 per share on the London Stock Exchange, a decline of 0.24 per cent or GBX 0.20 per share, as compared to the previous day’s closing price, which was reported to be at GBX 84.00 per share. The company’s market capitalisation (M-Cap) was reportedly valued to be at GBP 622.96 million with respect to the share’s current market price.

The beta of the Hyve Group Plc’s share has been reported to be at 1.0417. This basically implies that the volatility in the price of the company’s stock, is more than the volatility in the movement of the comparative benchmark index.

Mercia Asset Management Plc

Mercia Asset Management Plc (LON: MERC), which was previously known as Mercia Technologies Plc, is a Henley-in-Arden, the United Kingdom based financial services company that is engaged in the business of Asset management for Small as well as medium enterprises in all of United Kingdom. The company ‘s portfolio of investments has a presence in various sectors such as the likes of digital, media and entertainment, electronics, life sciences as well as various other spaces.

MERC Financial Performance

On 6th December 2019, the company reported its half-year results for the six months ended 30th September 2019 in which it primarily highlighted the increase in the revenue of 5.1 per cent year on year from £5.3 million in H1 FY 2019 to £5.5 million in H1 FY 2020. The company also reported that the net expenses for the period stood at £0.9 million. The operating profit for H1 FY 2020 was reported at a marginal increase at £1.9 million as opposed to £1.8 million in H1 FY 2019. The company’s profit after tax stood at around £2.1 million for the six months ended 30th September 2019, in comparison to the profit after tax for the six months ended 30th September 2018, which was reported to be at £1.9 million. The Earnings per share for H1 FY 2020 as reported stood at GBX 0.69 per share, a slight year on year increase as compared to the earnings per share reported for H1 FY 2019 at GBX 0.64 per share. The Net Assets as on 30th September 2019 were valued at £128.4 million, while the Net Assets per Share as on 30th September 2019 were valued at GBX 42.3 per share.

MERC Share Price Performance

(Source: Thomson Reuters) Daily Chart as on 06-December-19, prior to the close of the market

On 6th December 2019, at 11:45 A.M GMT, while writing, Mercia Asset Management Plc’s share price was reported to be trading at GBX 27.45 per share on the London Stock Exchange, a decline of 1.96 per cent or GBX 0.55 per share, as compared to the previous day’s closing price, which was reported to be at GBX 28.00 per share. The company’s market capitalisation (M-Cap) was reportedly valued to be at GBP 84.93 million with respect to the share’s current market price.

The beta of the Mercia Asset Management Plc’s share has been reported to be at 0.9806. This basically implies that the volatility in the price of the company’s stock, is less than the volatility in the movement of the comparative benchmark index.