According to Fintel, Peel Hunt Limited has recently reiterated its Buy recommendation on Watkin Jones (LSE:WJG).
Shares Projected to Increase by 106.19%
The average one-year price target for Watkin Jones is 158.36, with a range between 112.11 and 183.75. This represents an increase of 106.19% from its latest closing price of 76.80.
For more companies with high price target upside, check the leaderboard.
Expected Revenue and EPS
It is projected that Watkin Jones will generate annual revenue of 570MM, an increase of 54.92%. Meanwhile, the projection for annual non-GAAP EPS stands at 0.16.
Watkin Jones Dividend Yield
The company’s dividend yield is currently at 9.64%, while its payout ratio is 0.72. It is generally expected that companies with lower growth potential will pay out most of their income in dividends with a payout ratio between 0.5 and 1.0. Companies with higher growth prospects, on the other hand, are expected to allocate more earnings to invest in their growth prospects, with a payout ratio of zero to 0.5.
For companies with the highest dividend yield, check Fintel’s Dividend Screener.
Fund Sentiment and Shareholders
There are 23 funds or institutions reporting positions in Watkin Jones, a decrease of 11 owner(s) or 32.35% in the last quarter. Average portfolio weight of all funds dedicated to WJG is 0.04%, an increase of 0.47%. Total shares owned by institutions decreased in the last three months by 36.61% to 3,343K shares.
Details on Other Shareholders
Dfa Investment Trust Co – The United Kingdom Small Company Series holds 951K shares representing 0.38% ownership of the company. It reported owning 962K shares in its prior filing, representing a decrease of 1.14%. The firm increased its portfolio allocation in WJG by 7.90% over the last quarter.
DLS – WisdomTree International SmallCap Dividend Fund N holds 737K shares representing 0.29% ownership of the company. In its prior filing, the firm reported owning 545K shares, representing an increase of 26.07%. The firm decreased its portfolio allocation in WJG by 14.17% over the last quarter.
DFIEX – International Core Equity Portfolio – Institutional Class holds 432K shares representing 0.17% ownership of the company, unchanged from the last quarter.
DFE – WisdomTree Europe SmallCap Dividend Fund N holds 389K shares representing 0.15% ownership of the company. In its prior filing, the firm reported owning 260K shares, representing an increase of 33.19%. The firm decreased its portfolio allocation in WJG by 1.38% over the last quarter.
DFA Investment Dimensions Group Inc – International Sustainability Core 1 Portfolio Shares holds 140K shares representing 0.06% ownership of the company, unchanged from the previous quarter.
Check out the original article on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
