Marks & Spencer Gap PLC - LSE - Making a bounce!!we've got Marks and Spencer bouncing back from its recent lows - looks like a fantastic chance to leap in for a buy trade.
0.2GBP
363.40 MGBP
11.93 BGBP
2.01 B
About MARKS & SPENCER GROUP ORD GBP0.01
Sector
Industry
Headquarters
London
Employees (FY)
64.26 K
Founded
1884
ISIN
GB0031274896
FIGI
BBG000BDTRV3
Marks & Spencer Group Plc engages in the retail of clothes, food, and home products. It operates through the following segments: UK Clothing and Home, UK Food, International, Ocado, and All Other. The UK Clothing and Home segment retails womenswear, menswear, lingerie, kidswear and home products. The UK Food segment includes the results of the UK retail food business and UK Food franchise operations. The International segment is composed of Marks and Spencer owned businesses in Europe and Asia and the international franchise operations. The Ocado segment represents the group's share of profits or losses from the investment in Ocado Retail Limited. The All Other segment covers other business activities and operating segments, including M&S Bank and M&S Energy. The company was founded by Michael Marks and Thomas Spencer on September 28, 1884 and is headquartered in London, the United Kingdom.
2 Retail Stocks to WatchMarks & Spencer (MKS)
Financials:
Marks & Spencer reported strong growth in both its Food and Clothing & Home businesses for the first 19 weeks of the financial year. Food sales increased by over 11%, driven by price changes, while Clothing & Home sales grew by more than 6%, primarily due to in
MKS weekly time frame analysisMKS has created a higher low on the weekly time frame. It's a great confirmation of the uptrend after such a brutal long-term bear trend.
Expecting 100 % move up on weekly so it will take some time but our target would be around 377 $.
However it's not the best entry now as the stop loss would have
Marks and Spencer Plc. +11% on FY Guidance Raised. Take Profit MKS shares gaining 11-12% this Friday as FY guidance raised. Traders could use advance to book profits into the weekend.
Original idea attached (13/08).
Trade Setup: Buy/Long Marks & Spencer Plc (MKS)Double trend line resistance cleared
Daily 50-EMA and 200-SMA cleared
14-day RSI testing resistance, possible breakthrough
Trade Levels: Buy at current levels, 148.00 or better
Stop: 139.00
Target: 164.00
Marks and sparks undervalued M&S have had an unfortunate ride with the sudden exit of their CEO followed by Covid-19. Nonetheless, we are trading far below its intrinsic value.
As seen we are reaching the final quarter of our descending channel as well as nearing a return to normality from the Corona virus. We can reasonably
Marks and SpencerBased on my previous Idea, to close the gap with Tesco and Morrisons, M&S should go upward.
Target Price 105.00
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Frequently Asked Questions
The current price of MKS is 247.00 GBX — it has decreased by 2.83% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on LSE exchange MARKS & SPENCER GROUP ORD GBP0.01 stocks are traded under the ticker MKS.
MARKS & SPENCER GROUP ORD GBP0.01 is going to release the next earnings report on May 22, 2024. Keep track of upcoming events with our Earnings Calendar.
One year price forecast for MARKS & SPENCER GROUP ORD GBP0.01 has a max estimate of 3.50 GBX and a min estimate of 2.60 GBX.
MKS earnings for the last quarter are 0.10 GBX whereas the estimation was 0.08 GBX which accounts for 17.40% surprise. Estimated earnings for the next quarter are 0.10 GBX. See more details about MARKS & SPENCER GROUP ORD GBP0.01 earnings.
MARKS & SPENCER GROUP ORD GBP0.01 revenue for the last quarter amounts to 6.42 B GBX despite the estimated figure of 6.30 B GBX. In the next quarter revenue is expected to reach 6.14 B GBX.
Yes, you can track MARKS & SPENCER GROUP ORD GBP0.01 financials in yearly and quarterly reports right on TradingView.
Like other stocks, MKS shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MARKS & SPENCER GROUP ORD GBP0.01 stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 16, 2024, the company has 64.26 K employees. See our rating of the largest employees — is MARKS & SPENCER GROUP ORD GBP0.01 on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MARKS & SPENCER GROUP ORD GBP0.01 EBITDA is 1.33 B GBP, and current EBITDA margin is 9.32%. See more stats in MARKS & SPENCER GROUP ORD GBP0.01 financial statements.