Admiral Group (ADM)

Sector:

Insurance

Index:

FTSE 100

2,205.00p
   
  • Change Today:
      1.00p
  • 52 Week High: 2,330.00
  • 52 Week Low: 1,887.00
  • Currency: UK Pounds
  • Shares Issued: 294.04m
  • Volume: 98,592
  • Market Cap: £6,484m
  • RiskGrade: 232

FTSE 100 movers: Just Eat fails to deliver; WPP rallies on Q1 update

By Michele Maatouk

Date: Friday 26 Apr 2019

LONDON (ShareCast) - (Sharecast News) - London's FTSE 100 was down 0.2% at 7,415.92 in afternoon trade on Friday, with updates from Just Eat and RBS failing to impress.
Online food delivery service Just Eat was weaker as it posted a smaller-than-expected jump in first-quarter group orders and a slowdown in UK orders.

In the three months to 31 March 2019, group orders rose 21% on the year on a like-for-like basis to £61.4m versus expectations for growth of 23.2%. Meanwhile, UK growth slowed to 7.4% from 24% in the same period a year ago, missing expectations of 9.6% growth.

RBS was also on the back foot as it warned that uncertainty over Brexit would weigh on income growth as falling revenue drove a 16% drop in first-quarter profit. Operating profit before tax for the three months to the end of March dropped to £1.01bn from £1.21bn a year earlier as total income fell to £3.04bn from £3.30bn.

Glencore fell after the Swiss miner and commodity trader said it was being investigated by the US Commodity Futures Trading Commission over possible corrupt practices that may have led to the violation of some regulations.

AstraZeneca declined after its first-quarter results, while education publisher Pearson retreated as it posted a 2% rise in Q1 underlying revenue.

Insurers Admiral and Direct Line were in the red as FTSE 250 peer Hastings tumbled after it reported a 1% drop in first-quarter net revenue.

Going the other way, WPP was the standout gainer after the advertising group backed its 2019 guidance as it posted a rise in first-quarter revenue but a drop in like-for-like revenue due to "significant" client losses last year, mostly in the US.

Reported revenue was up 0.9% from the same period a year ago to £3.6bn, but LFL revenue declined 2.8%.

Russ Mould, investment director at AJ Bell, said that while the update might ring some alarm bells at first glance, this was more or less exactly what the market was expecting.

FTSE 100 - Risers

WPP (WPP) 957.60p 5.70%
BT Group (BT.A) 229.60p 2.07%
Hargreaves Lansdown (HL.) 2,268.00p 1.93%
Sainsbury (J) (SBRY) 219.70p 1.71%
Vodafone Group (VOD) 141.94p 1.66%
Centrica (CNA) 105.80p 1.58%
NMC Health (NMC) 2,748.00p 1.51%
Standard Chartered (STAN) 661.60p 1.50%
Morrison (Wm) Supermarkets (MRW) 218.80p 1.44%
Associated British Foods (ABF) 2,554.00p 1.39%

FTSE 100 - Fallers

Just Eat (JE.) 708.00p -5.42%
Royal Bank of Scotland Group (RBS) 241.00p -3.60%
Glencore (GLEN) 312.70p -2.72%
easyJet (EZJ) 1,155.50p -1.70%
Admiral Group (ADM) 2,204.00p -1.69%
AstraZeneca (AZN) 5,791.00p -1.66%
BP (BP.) 561.10p -1.44%
Pearson (PSON) 853.00p -1.39%
Direct Line Insurance Group (DLG) 337.50p -1.32%
Royal Dutch Shell 'B' (RDSB) 2,464.00p -1.28%

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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.

 

Admiral Market Data

Currency UK Pounds
Share Price 2,205.00p
Change Today 1.00p
% Change 0.05 %
52 Week High 2,330.00
52 Week Low 1,887.00
Volume 98,592
Shares Issued 294.04m
Market Cap £6,484m
RiskGrade 232

Admiral Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
82.29% below the market average82.29% below the market average82.29% below the market average82.29% below the market average82.29% below the market average
83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average
Price Trend
78.51% above the market average78.51% above the market average78.51% above the market average78.51% above the market average78.51% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income
33.13% above the market average33.13% above the market average33.13% above the market average33.13% above the market average33.13% above the market average
27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average
Growth
77.58% above the market average77.58% above the market average77.58% above the market average77.58% above the market average77.58% above the market average
66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average66.67% above the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 10
Sell 1
Strong Sell 3
Total 17
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Admiral Dividends

  Latest Previous
  Final Special
Ex-Div 07-May-20 07-May-20
Paid 01-Jun-20 01-Jun-20
Amount 56.30p 20.70p

Trades for 09-Apr-2020

Time Volume / Share Price
09:02 91 @ 2,205.00p
09:02 91 @ 2,204.00p
09:01 3 @ 2,206.00p
09:01 69 @ 2,203.00p
09:01 257 @ 2,203.00p

Admiral Key Personnel

CEO David Stevens
Chair Annette Court
CFO Geraint Jones

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