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Boohoo Share Price Evaluation and Financial Analysis

 Boohoo Share Price and Stock Overview

Boohoo Group plc is an online clothing retailer operating in the US, UK, Europe, and other international markets. Founded in Manchester, UK, in 2006, the company offers a diverse range of products, including stylish apparel, accessories, shoes, and cosmetics. For clients aged 16 to 60 and beyond.

Boohoo’s portfolio of brands includes Debenhams, PrettyLittleThing, boohooMAN, Karen Millen, MissPap, Oasis, Warehouse, Coast, Wallis, Dorothy Perkins, and Debenhams. Boohoo is known for its fast fashion. 

Manchester, United Kingdom, serves as the headquarters of Boohoo Group plc, which was established in 2006. 

Boohoo Share Price Forecast

As of the latest update, Boohoo’s share price is 27.14p, a decline from the previous closing price of 28.86p.

Top analysts forecast Boohoo’s earnings per share (EPS) for the upcoming quarter to be -0.01p, unchanged from the previous quarter’s EPS of -0.03p. Over the past year, Boohoo has not met its EPS estimates, whereas the industry average has exceeded estimates by 36.90%.

Sales for the next quarter are expected to remain constant at £692.64 million, compared to £731.90 million in the prior quarter. Boohoo has failed to meet its sales forecasts 100% of the time over the last year, while the industry average has exceeded forecasts 56.69% of the time.

Analysts have set a target price range for Boohoo shares from 24.00p to 70.00p, with an average target of 43.67p. This represents a potential upside from the current price of 27.14p.

Boohoo Share Price Analysis

The next earnings report date for Boohoo Group Plc is September 25, 2024. On May 8, 2024, Boohoo Group Plc announced its financial results. For the quarter, the company reported earnings per share of -0.029p, which was -0.015p less than the average estimate of -0.014p.

Boohoo does not pay dividends currently. And it has an outstanding share of 1,269,084,500. And there are currently no hedge funds holding Boohoo’s shares. 

Boohoo Ownership Overview

Institutional investors hold approximately 1.70% of Boohoo’s stock, insiders own 14.27%, and retail investors hold the majority at 81.79%. Mahmud Abdullah Kamani is the largest individual shareholder, influencing company decisions and stock price through substantial shareholding.

 

Boohoo Share Price Today

Boohoo share price as of the time of writing is 27.14. 

Last price: 27.211

$ Chg: -1.649

Open: 28.50

High: 28.50

Bid: 27.12

Bid Size: 4772

Beta: 2.16605

Year High: 42.40

Market Cap: 345.33m

Volume: 3.09m

% Chg: -5.71%

Prev. Close: 28.86

Low: 26.72

Ask: 27.36

Ask Size: 31645

VWAP: 27.50999

Year Low: 27.77

Total Shares: 1.27b

Shares Out: 1.27b

Exchange: LSE

Boohoo Instruments

Market: AIM

Instrument market cap (£m): 366.26

Earnings per share: -0.11

Issue date: 14 March 2014

ISIN: JE00BG6L7297

SEDOL: BG6L729

Market identifier code (MIC): AIMX

Country of share register: JE

Market segment: AMSM

Trading service: SETS

Boohoo Share Price News

The market capitalization or net worth of Boohoo Group is GBP 363.48 million. There is a 580.38 million enterprise value. The following estimated profits date is October 1, 2024, a Tuesday.

Boo Share Price Statistics

Shares Outstanding: 1.26B

The Shares Change: -2.72%

Shares Change: -0.48%

Owned by Insiders: 21.32%

Owned by Institutions: 9.70%

Float: 543.00M

Enterprise Valuation 

EV / Earnings: -4.21

The EV / Sales: 0.40

EV / EBITDA: 36.97

EV / FCF: -18.90

Financial Position

Current Ratio : 1.43

Quick Ratio: 0.76

Debt / Equity: 159.78

The Debt / EBITDA: 35.47

Debt / FCF: -14.56

Interest Coverage: -2.07

Stock market: Financial Efficiency

Return on Equity: -40.55%

BoohooReturn on Assets: -2.38%

Return on Capital: -3.45%

Revenue Per Employee: 287,655

Profits Per Employee: -27,131

Employee Count: 5,079

Asset Turnover: 1.27

Inventory Turnover: 3.65

Boo Stock Price Statistics

The past 52 weeks have seen a -22.98% decline in the stock price. The price volatility of the boohoo group has exceeded the average for the market, as indicated by the beta of 1.82. 

Beta: 1.82

52-Week Price Change: -22.98%

50-Day Moving Average: 34.42

200-Day Moving Average: 34.94

Relative Strength Index: 21.14

Average Volume (20 Days): 3,619,159

Boohoo Income

Revenue: 1.46B

Gross Profit: 756.10M

Operating Income: -43.90M

Pretax Income: -156.80M

Net Income: -137.80M

EBITDA: -1.70M

EBIT: -43.90M

Loss Per Share: -0.11

Boohoo Balance Sheet

Cash & Cash Equivalents: 230.00M

Total Debt: 446.90M

Net Cash: -216.90M

Net Cash Per Share : -0.17

Equity: 279.70M

Book Value Per Share: 0.22

Working Capital: 142.20M

Cash Flow

Operating Cash Flow: 1.90M

Capital Expenditures: -32.60M

Free Cash Flow: -30.70M

FCF Per Share: -0.02

Boohoo Margins

Gross Margin: 51.75%

Operating Margin: -3.00%

Pretax Margin: -10.73%

Profit Margin: -9.43%

EBITDA Margin: -0.12%

EBIT Margin: -3.00%

FCF Margin: -2.10%

Boohoo Yields

Buyback Yield: 2.72%

Shareholder Yield: 2.72%

Earnings Yield: -39.81%

FCF Yield: -8.45%

Guide on How to Purchase Boohoo Shares

Create an Account: Choose a brokerage platform, which can be a smartphone app or an online service provided by financial institutions.
Determine Trading Venue: Boohoo shares are traded on the London Stock Exchange under the ticker symbol BOO. Ensure your brokerage account supports trading on this exchange.
Conduct Research: Research Boohoo’s financial health and market conditions.
Choose an Investment Strategy: Decide on the investment approach that suits your financial goals.
Place Your Order: Execute the trade through your chosen brokerage platform.

 

Boohoo’s share price of 27.14p is significantly below the target price of 43.67p, indicating potential for growth. However, the company’s recent results show difficulties with negative earnings and underperformance in comparison to industry norms. Investors should conduct thorough research and consider current market conditions before making investment decisions.

In addition to conducting comprehensive research and considering historical data before making investment decisions, investors should use this information to help them make well-informed decisions.

This analysis is for informational purposes only and should not be considered as investment advice. Investing in stocks carries risk, and making decisions based on comprehensive analysis and current information is crucial.

The post Boohoo Share Price Evaluation and Financial Analysis appeared first on FinanceBrokerage.

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