• Contact
  • Privacy Policy
  • Advertise With Us
  • Login
  • Register
Your Trading Edge Magazine
Advertisement
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe
No Result
View All Result
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe
No Result
View All Result
Your Trading Edge Magazine
No Result
View All Result

Tesco stock price flat YTD ahead of the interim results

October 4, 2021
in Trading
Reading Time: 2 mins read
A A
0
Tesco stock price flat YTD ahead of the interim results
0
SHARES
4
VIEWS
ShareShareShareShareShare

Tesco investors prepare for the interim results announcement scheduled on Wednesday. Tesco stock price is flat on the year, recently rejected from £2.6 area.

Tesco is a U.K.-based retailer with operations in other European countries, such as Hungary, Slovakia, and the Czech Republic. The company releases its interim results on Wednesday, and investors are focusing on their potential impact on the Tesco stock price.

Tesco stock price went nowhere this year. It opened the trading year more or less around the same levels as today, after struggling at the £2.2 area for a few months. It rhas ecently made a new high for the year but was rejected ahead of this week’s results.

What Are Tesco’s Financial Projections for the Years to Come?

The market estimates Tesco’s revenues to increase significantly from £57.89 billion in 2021 to £65.3 billion in 2026. Moreover, the net profit is estimated to double over the same time horizon. The company reported a dividend of £0.10 in 2021, lower by 13.69% compared to last year. This year in April, Tesco announced EPS of £0.012.

What Do Analysts Say About the Tesco Stock Price?

There are 15 analysts offering 12-month price targets for Tesco share price, and the median target is £3.0273. The highest forecast is £3.3, while the lowest is £2.2.

Tesco operates with a gross profit margin of 6.85%. In 2021, cash reserves fell by £1.05 billion. The five years annualised earnings per share growth ranks the highest in its industry, despite the fact that earnings per share excluding extraordinary items growth dropped. 

Credit: Source link

ShareTweetSendPinShare
Previous Post

Nikkei outlook turns bleak again

Next Post

Japanese Startup Helping Laos Research CBDC

Related Posts

Kaiko: Liquidity situation in crypto “worsening” amid USD payment rails issue
Trading

Kaiko: Liquidity situation in crypto “worsening” amid USD payment rails issue

March 24, 2023
6
Narwhal Finance Secures $1M in Seed Funding Led by Animoca Ventures
Trading

Narwhal Finance Secures $1M in Seed Funding Led by Animoca Ventures

March 24, 2023
3
NatWest, Lloyds, Barclays, ING retreat as Deutsche Bank shares dive
Trading

NatWest, Lloyds, Barclays, ING retreat as Deutsche Bank shares dive

March 24, 2023
3
US Merchant Processing Fees Top $160 Billion
Trading

US Merchant Processing Fees Top $160 Billion

March 24, 2023
3
Are Money Laundering Concerns Preventing Investment in Gulf Countries?
Trading

Are Money Laundering Concerns Preventing Investment in Gulf Countries?

March 24, 2023
5
Next Post
Japanese Startup Helping Laos Research CBDC

Japanese Startup Helping Laos Research CBDC

Recommended

Bitcoin Stopped at $25K, Conflux Explodes 510% Weekly on China Hype: Market Watch

Crypto Market Cap Maintains $1T as Bitcoin Stands Above $22K: Weekend Watch

March 5, 2023
6
deVere Group CEO says Fed’s “Big Decision” on rate hikes was really no decision at all

deVere Group CEO says Fed’s “Big Decision” on rate hikes was really no decision at all

March 23, 2023
4
Signal ahead of the ECB rate decision

Signal ahead of the ECB rate decision

March 16, 2023
4
Gensler says crypto trading, lending platforms not fit for custody; suggests adoption of new safeguarding rule

Gensler says crypto trading, lending platforms not fit for custody; suggests adoption of new safeguarding rule

March 3, 2023
5
Contract Logistics Market Worth USD 437.52 Billion by 2029

2023 Transportation Outlook: 3 Trends to Prioritize for PERFORMANCE

February 28, 2023
3
Your Trading Edge Magazine

This is an online news portal that aims to share the latest news about trade, finance, crypto and much more. Feel free to get in touch with us!

What’s New Here!

  • Binance employees and ‘angels’ helping crypto investors in China and other counties with bans evade resrtictions
  • Bitcoin cannot be stopped – Regulators will only be playing Whack-a-Mole: Caitlin Long
  • Kaiko: Liquidity situation in crypto “worsening” amid USD payment rails issue

Subscribe Now

Loading
  • Contact
  • Privacy Policy
  • Advertise With Us

© 2021 - ytemagazine.com - All rights reserved!

No Result
View All Result
  • Home
  • Feature
    • Market Commentary
    • Expert Advice
    • Columns
  • Trading
    • Shares and Trading
    • Technical Analysis
    • Trading Mindset
  • Crypto News
  • Finance
  • Subscribe

© 2021 - ytemagazine.com - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?