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Ibstock Share Price

The Ibstock share price has been on a roller coaster ride over the past few years. After hitting an all-time high in 2015, the shares plummeted following the Brexit vote and have only just recovered to their previous levels. However, with the company’s strong performance in recent months, many investors are bullish about its prospects and are predicting that the share price will continue to rise.

Ibstock (LON: IBST) share price has been on a roller coaster ride in recent years. The building materials company has seen its share price go from highs of over £8 per share in early 2015, to lows of just over £1 per share in early 2016. However, the shares have recovered somewhat since then and are currently trading at around £2.70 per share.

The main reason for the dramatic fall in Ibstock’s share price was the sharp decline in demand for building materials following the UK’s vote to leave the European Union. This led to a significant drop in profits for the company, and investors were quick to sell their shares. However, there are signs that demand for building materials is starting to pick up again, which could mean good news for Ibstock’s share price.

With the UK housing market showing signs of life and construction activity beginning to pick up, Ibstock could be set for a recovery.

Ibstock Share Price Forecast

It’s been a tough few years for Ibstock (LSE: IBST) shareholders. The company’s share price is down by around 60% since the middle of 2015 and it now trades on a forward P/E ratio of just 7.4. That could be an indication that the market is expecting further falls in the bricks and mortar producer’s earnings.

However, with shares trading at such a low level, there could be significant upside if Ibstock can start to turnaround its fortunes. The company has been hit hard by falling demand for new housing in the UK as well as challenges faced by its US business. However, with both of these factors starting to look more positive, there could be scope for an improvement in Ibstock’s financial performance over the next few years.

In addition, with shares trading on such a low valuation, there could be significant upside if any sort of recovery materialises. For example, should Ibstock return to its 2015 levels of earnings per share then its share price would rise to around 140p – which would represent gains of over 100%. Therefore, while it may not be the most exciting stock around, there could be significant rewards on offer for those willing to take a chance on it at the present time.

Ibstock Share Price

Credit: www.stockopedia.com

What is the Ibstock Share Price

The Ibstock share price is currently trading at around £2.60 per share. The company has a market capitalisation of approximately £480 million and its shares are traded on the London Stock Exchange. Ibstock is a leading manufacturer of brick and stone products, with operations in the UK, US and Europe.

The company has a strong history dating back over 200 years, and today it employs around 3,500 people across its network of manufacturing sites and distribution centres. Ibstock’s product range includes clay bricks, concrete bricks, aircrete blocks, stone products and roof tiles. In recent years the company has been focused on expanding its operations in the US, where it now has a significant presence in key markets such as Texas and Florida.

How Has the Ibstock Share Price Performed Over Time

Ibstock PLC is a British brick manufacturer and construction materials group headquartered in Ibstock, Leicestershire. The company has an annual turnover of c.£500 million and employs around 2,000 people.

It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The company was founded in 1877 by John Topham as a privately owned business called Tophams Brickworks. In 1934 it became a public limited company under the name Ibstock United Bricks Ltd.

The word “United” was dropped from the title in 1987. In 2000 the company acquired Claygate Holdings plc for £33 million which added 36 brickworks to its portfolio including some of Britain’s most well-known brands such as Devereux, Miller and Griffin.[2] In September 2014 Ibstock announced that it would be acquiring Forterra plc, another leading British brick manufacturer, for £297 million.[3]

The acquisition made Ibstock the largest brick manufacturer in Britain with a market share of around 30%. Ibstock’s share price has performed well over time, increasing significantly since floating on the stock exchange in 1987. However, like many companies its shares took a hit during the global financial crisis of 2008/9 but have since recovered and are now trading at near all-time highs.

Overall, investors who have held onto their shares for the long term have seen healthy returns although there have been some ups and downs along the way.

Why Might the Ibstock Share Price Fluctuate

The Ibstock share price may fluctuate for a number of reasons. Firstly, the company is heavily reliant on the construction industry, which is notoriously cyclical. This means that when the construction industry is doing well, Ibstock will tend to outperform the market, but when the construction industry slows down, Ibstock will underperform.

Secondly, Ibstock is a relatively small company, and so it is more susceptible to swings in sentiment than larger companies. Finally, the shares are not very liquidly traded, meaning that there can be large swings in the share price due to a lack of buyers or sellers.

What Factors Could Affect the Future Performance of Ibstock’S Share Price

There are several factors that could potentially affect the future performance of Ibstock’s share price. The most significant factor is likely to be the overall performance of the construction sector, as this is where the majority of Ibstock’s revenue is generated. If the construction sector experiences a downturn, this is likely to have a negative impact on Ibstock’s share price.

Another important factor to consider is raw material prices, as these can have a significant impact on the company’s costs. For example, if clay prices increase, this would put pressure on Ibstock’s margins and could lead to a fall in the share price. Finally, it is also worth considering macroeconomic factors such as interest rates and unemployment levels as these can also affect demand for new build homes (and therefore bricks).

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Conclusion

Ibstock is a leading manufacturer of bricks and other building materials. The company’s share price has been volatile in recent years, but it has outperformed the market over the long term. Ibstock is a leading manufacturer of bricks and other building materials.

The company’s share price has been volatile in recent years, but it has outperformed the market over the long term. Ibstock’s shares are currently trading at around £11, which is close to their 52-week high. The company is expected to report strong results for 2018, with analysts forecasting earnings per share of 30p.

This would represent a significant increase on the 20p reported for 2017. Ibstock is also paying out a dividend of 5p per share, which gives it a yield of 4%.

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