Northgate/REDD

-1.59%
-
1D1W1MYTD1YMAX

About Northgate

Redde Northgate plc is a United Kingdom-based integrated mobility solutions platform providing services across the vehicle lifecycle. The Company operates through three segments: Northgate UK&I, Northgate Spain, and Redde. Its businesses are categorized as vehicle provision and accident management and repair. The Company offers integrated mobility solutions to businesses, fleet operators, insurers, original equipment manufacturers (OEMs), and other customers across key areas, including vehicle rental, vehicle data, accident management, vehicle repair, fleet management, service and maintenance, vehicle ancillary services and vehicle sales. The Company services its customers through a network and diversified fleet of approximately 130,000 owned and leased vehicles, supporting over 600,000 managed vehicles, with around 175 branches across the United Kingdom, Ireland, and Spain. It provides vehicles from a range of automotive manufacturers.

Ticker

REDD

Sector

Industrials

Trading on

LSE

Industry

Rental & Leasing

CEO

Martin Ward

Employees

7,206

Headquarters

Darlington, United Kingdom

Northgate Metrics

BasicAdvanced
£851.06M
Market cap
6.62
P/E ratio
£0.57
EPS
2.18
Beta
£0.25
Dividend rate
6.58%
Dividend yield
£851.06M
2.18261
£3.96
£3.10
593.13K
£0.25
1.374
1.266
68.795
76.564
28.33%
5.685
7.83%
6.27%
13.29%
7.71%
6.623
0.499
0.905
1.079
51.204
5.45%
6.58%
6.58%
28.47%
9.67%
24.11%
128.31%
22.36%

What the Analysts think about Northgate

Analyst Ratings

Majority rating from 6 analysts.
Buy

Price Targets

Average projection from 7 analysts.
22.1% upside
High £5.00
Low £3.70
£3.71
Current price
£4.53
Average price target

Northgate Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
8.17% profit margin
QuarterlyAnnual
Q2 24
QoQ growth
Revenue
£911.2M
14.85%
Net income
£74.5M
30.24%
Profit margin
8.17%
13.47%

Northgate Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 1.07%
QuarterlyAnnual
Q2 23
Actual
£0.27
Expected
£0.27
Surprise
-1.07%
Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by ICE Data Services and LSEG. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Northgate stock?

Northgate (REDD) has a market cap of £851.06M as of April 16, 2024.

What is the P/E ratio for Northgate stock?

The price to earnings (P/E) ratio for Northgate (REDD) stock is 6.62 as of April 16, 2024.

Does Northgate stock pay dividends?

Yes, the Northgate (REDD) stock pays dividends to shareholders. As of April 16, 2024, the dividend rate is £0.248 and the yield is 6.58%. Northgate has a payout ratio of 28.33% on a trailing twelve-month basis.

When is the next Northgate dividend payment date?

The next Northgate (REDD) dividend payment date is unconfirmed.

What is the beta indicator for Northgate?

Northgate (REDD) has a beta rating of 2.18. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Northgate stock price target?

The target price for Northgate (REDD) stock is £4.53, which is 22.1% above the current price of £3.71. This is an average based on projections from 7 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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