Weir Group (WEIR)

Sector:

Engineering

Index:

FTSE 250

1,457.00p
   
  • Change Today:
    -42.00p
  • 52 Week High: 1,814.00
  • 52 Week Low: 1,240.00
  • Currency: UK Pounds
  • Shares Issued: 259.60m
  • Volume: 357,708
  • Market Cap: £3,782.40m
  • RiskGrade: 167
  • Beta: 0.01

Weir reiterates FY revenue, profit guidance as Q1 orders rise 18%

By Frank Prenesti

Date: Tuesday 30 Apr 2019

LONDON (ShareCast) - (Sharecast News) - Engineer Weir Group reiterated full year revenue and profit guidance as first quarter orders rose on the back of its Esco acquisition which offset a weaker performance in oil and gas operations.
Orders from continuing operations including Esco rose 18% year-on-year, Weir said in a statement. That changed to a fall of 7% when the US mining tools maker was excluded.

Oil and gas orders were 23% lower as a result of capital and pipeline capacity constraints in North America and the absence of the strong levels of first half refurbishment activity seen last year, the company said.

"Esco's performance remained ahead of initial expectations with good demand for its premium technology," said chief executive Jon Stanton.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Weir Group Market Data

Currency UK Pounds
Share Price 1,457.00p
Change Today -42.00p
% Change -2.80 %
52 Week High 1,814.00
52 Week Low 1,240.00
Volume 357,708
Shares Issued 259.60m
Market Cap £3,782.40m
Beta 0.01
RiskGrade 167

Weir Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
69.67% below the market average69.67% below the market average69.67% below the market average69.67% below the market average69.67% below the market average
57.89% below the sector average57.89% below the sector average57.89% below the sector average57.89% below the sector average57.89% below the sector average
Price Trend
41.9% below the market average41.9% below the market average41.9% below the market average41.9% below the market average41.9% below the market average
36.59% below the sector average36.59% below the sector average36.59% below the sector average36.59% below the sector average36.59% below the sector average
Income
1.76% above the market average1.76% above the market average1.76% above the market average1.76% above the market average1.76% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Growth
43.60% above the market average43.60% above the market average43.60% above the market average43.60% above the market average43.60% above the market average
15.79% above the sector average15.79% above the sector average15.79% above the sector average15.79% above the sector average15.79% above the sector average

What The Brokers Say

Strong Buy 13
Buy 1
Neutral 5
Sell 0
Strong Sell 0
Total 19
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Weir Group Dividends

  Latest Previous
  Interim Final
Ex-Div 10-Oct-19 25-Apr-19
Paid 05-Nov-19 06-Jun-19
Amount 16.50p 30.45p

Trades for 23-Sep-2019

Time Volume / Share Price
14:36 777 @ 1,457.00p
14:36 121 @ 1,457.00p
14:36 94 @ 1,457.00p
14:35 119 @ 1,458.00p
14:35 157 @ 1,459.00p

Weir Group Key Personnel

CEO Jon Stanton
Chair Charles Berry
CFO John Heasley

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