Market's view on 4Imprint
Published on April 2024
- Some stock watchers believe that the current time is not suitable for some investors.
- Berenberg has initiated 4Imprint Group with a ‘Buy’ rating and a price target of 7365 pence.
- There are speculations about a possible US listing for the company due to a significant portion of the earnings coming from the US.
- 4Imprint Group’s FY23 finals showed a strong performance with a 16% increase in revenue to $1,326.5m, profit before tax (PBT) up by 36% to $140.7m, and basic earnings per share (EPS) up 32% to 377.9c. The company’s balance sheet remains robust with limited debt.
- The company has started advertising on TV.
- Some stock watchers noticed Aberdeen’s recent addition to the stake.
- There are divergent views on the company’s value with some watchers citing better value elsewhere.
- Some stock watchers regret not investing in the company earlier despite considering it pricey.
- One stock watcher appreciates the company’s performance despite it being “under the radar.”
- Some stock watchers question why the company’s earnings would be lower in the second half of the year compared to the same period last year.
- There are mentions of the company’s past performance, citing it was among the highest on the FTSE all share over 1,3 and 10 years.
- Some stock watchers are aligned with the conservative forecasts for the company, believing that the $125m PBT for the year will be exceeded.