Wolseley plc (WOS) Announces Quarterly Earnings Results

Wolseley plc (LON:WOS) released its quarterly earnings results on Tuesday. The company reported $0.00 earnings per share (EPS) for the quarter.

Wolseley plc (LON:WOS) traded down 0.08% on Friday, hitting GBX 4799.00. 548,753 shares of the company traded hands. The stock’s 50-day moving average is GBX 4,984.06 and its 200 day moving average is GBX 4,814.70. The stock’s market cap is GBX 12.05 billion. Wolseley plc has a 12 month low of GBX 3,489.00 and a 12 month high of GBX 5,285.00.

The business also recently declared a dividend, which will be paid on Friday, April 28th. Investors of record on Thursday, April 6th will be given a dividend of GBX 36.67 ($0.46) per share. The ex-dividend date of this dividend is Thursday, April 6th. This represents a dividend yield of 0.71%.

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Several research firms have issued reports on WOS. Peel Hunt reaffirmed a “reduce” rating and issued a GBX 3,930 ($49.47) price target on shares of Wolseley plc in a report on Tuesday, January 24th. Barclays PLC reaffirmed a “top pick” rating and issued a GBX 5,600 ($70.48) price target (up from GBX 5,000 ($62.93)) on shares of Wolseley plc in a report on Wednesday, March 15th. Liberum Capital reissued a “hold” rating and set a GBX 4,975 ($62.62) price objective on shares of Wolseley plc in a report on Tuesday, March 28th. JPMorgan Chase & Co. boosted their price objective on shares of Wolseley plc from GBX 4,650 ($58.53) to GBX 4,960 ($62.43) and gave the company a “neutral” rating in a report on Wednesday, March 29th. Finally, Canaccord Genuity boosted their price objective on shares of Wolseley plc from GBX 5,090 ($64.07) to GBX 5,195 ($65.39) and gave the company a “hold” rating in a report on Wednesday, March 29th. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 4,757.89 ($59.89).

Wolseley plc Company Profile

Wolseley plc is the holding company of the Wolseley Group of companies. The Company is engaged in the distribution of plumbing and heating products and building materials. The Company’s segments include USA, UK, Nordic, and Canada and Central Europe. The Company operates seven business units in the United States, six of these mainly operate in the business to business (B2B) market with one operating in the business to consumer (B2C) market.