Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on BOOHOO.COM PLC. We currently have 36 research reports from 5 professional analysts.
|21Oct16 12:30||RNS||SAYE Share Scheme 2016|
|10Oct16 07:00||RNS||TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES|
|27Sep16 07:00||RNS||Interim Results|
|09Aug16 07:00||RNS||Trading Update & Notice of Interim Results|
|07Jul16 12:55||RNS||TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES|
|01Jul16 12:00||RNS||Grant of Options|
|27Jun16 07:00||RNS||Directorate Change|
Frequency of research reports
Research reports on
28 Sep 16
"How to solve the dilemma of ultra-low interest rates? The question was being posed again yesterday by members of both the ECB and the Fed. The Governor of the Central Bank of Ireland, Philip Lane, went as far as calling for a ‘forceful pursuit of stimulus’ in order to return interest rates to more normal levels, while Vice Chairman, Stanley Fisher, added that the economy is better off when there is ‘a price for using money’. They are simply reflecting the common desire to stimulate inflation to return interest rates and growth trajectories back to more historical trend - not that they have any chance of forming a consensus on how to do it, nor appear to embrace the reality that the dramatic changes to world order being created through the drive into new technologies means the old ways of doing things and predictable economics have probably gone forever. One hope the markets had had was that the Saudi-Russia proposal to cap oil production might succeed, but Iran’s stated determination to ramp-up production until it hits 4.2m bbl/day appears to have blown apart any idea of OPEC reasserting a binding quota system before its meeting in Algiers closes today, leaving oil traders to shift their focus to the Organisation’s next scheduled meeting in November instead. US equity markets, however, looked beyond these concerns to focus on positives from technology and consumer stocks, as well as some modest recovery in the over-sold banking sector, leaving all principal indices to close quite firmly up led from the start by the NASDAQ. Asia by contrast was marked down across the board, with the Nikkei in particular hurt by weaker oil prices, while banking sector jitters also reached its shores and sentiment toward export-related shares continued to be knocked by Yen strength. This mixed picture leaves London and Europe in an undecided mood for this morning’s opening, with the FTSE-100 seen opening around 10 points higher. No major UK macro data is due for release this morning, although traders will be listening out for closing statements from OPEC’s 2-day meeting, a press statement due from ECB President, Mario Draghi and a speech from the IMF’s Christine Lagarde. Later this afternoon, Fed Chair, Janet Yellen, is due to make her Testimony, while member Kashkari is also scheduled to make a statement. Corporates due to release earnings reports include Moss Bros (MOSB.L), Sainsbury (SBRY.L) and Smiths Group (SMIN.L), while today SAB Miller (SAB.L) shareholders are due to vote on their proposed merger with Anheuser Busch InBev." - Barry Gibb, Research Analyst
27 Sep 16
Boohoo has reported a fantastic set of interims for the six months to 31st August with revenues increasing by 40% to c£127m and underlying EBITDA increasing by 117% to c£16.5m. This strong operational performance was underpinned by a remarkable set of KPIs which highlight the ability of the management team and the benefits of investing in technology and talent. We believe that the shares will benefit from earnings momentum going forward and therefore upgrade our recommendation from Hold to Buy.
Profitable growth continues, upgrading FY17 and FY18
27 Sep 16
Trading continues to go from strength to strength as boohoo again reports impressive growth of 40% over the H117 period, ahead of our expectations of 33%. In addition to top line growth, there has been improvement in all KPIs, driven primarily by an optimised mix of marketing, price and promotional activity. This has delivered operational leverage and resulted in EPS growth of 124%. The boohoo brand has strong momentum both in the UK and internationally, and coupled with continued investment in operational improvements and technology as well as international expansion, we believe will continue to deliver significant profitable growth.
N+1 Singer - Morning Song 27-09-2016
27 Sep 16
Sarepta’s accelerated approval last week of EXONDYS 51™ for the treatment of around 13% of DMD patients is a significant milestone in the DMD market. We believe this sets a precedent for companies such as Summit and its utrophin modulation programme. Ezutromid, Summit’s lead DMD programme, commenced a Phase II proof-of-concept trial (PhaseOut DMD) in the UK in June. The first muscle biopsy data is expected Q2/Q3 2017. We take the opportunity to assess Summit’s offering in the context of recent developments in the DMD market and, in particular, we draw investors’ attention to the rapid share price appreciation of the main DMD plays.
N+1 Singer - Morning Song 12-09-2016
12 Sep 16
Restore’s interims confirm a period of strong growth and operational delivery. Importantly, the integration of December 2015 acquisition Wincanton Records Management is going smoothly and there has been no repeat of last year’s summer scanning issues. Growth metrics are impressive in all areas, assisted by the pick up in acquisitive activity over recent periods. Full year guidance is reiterated and we adjust our numbers for the recent PHS Data acquisition this morning, bringing us in line with consensus. Overall a very solid set of results. The shares are now close to our 360p TP but we do not see the current rating as stretched (FY17 P/E 17x). We are inclined to retain our BUY recommendation.
30 Nov 16
Abzena (ABZA): Interim results indicate happy customers (BUY) | Horizonte Minerals* (HZM): Fund raise completed (CORP) | SacOil* (SAC): Half-year trading statement (CORP) | Revolution Bars (RBG): New openings (BUY) | Amino Technologies* (AMO): Multi operator FUSION roll out (CORP)
N+1 Singer - Morning Song 30-11-2016
30 Nov 16
Sanderson has delivered full year results in line with expectations and the 19 October trading update after a strong finish to the year compensated for a slower start. A healthy level of pre-contracted recurring revenue (50%), incremental sales to existing customers and new customer wins at higher average order values helped deliver solid revenue growth in both the Digital Retail (+9%) and Enterprise (+12%) divisions. A decent order book and good sales momentum suggest that the company is on track to deliver on unchanged profit expectations for the current year. We continue to view the valuation (FY17 EV/EBITDA 8.6x) as undemanding given an attractive combination of accelerating growth potential, strong cash generation and growing dividends.
Upgrade to BUY post-site visit
12 Aug 16
A positive site visit this week has given us comfort on FY16 (September) numbers. Our focus therefore now turns to FY17 forecasts, which bear upside risk, in our view. The share price remains 10% below pre-referendum levels and has been largely ignored in the post-Brexit recovery. We reaffirm our 350p price target and upgrade from Hold to Buy.