William Morrison Supermarkets PLC

Morrisons (Wm) Supermarkets is engaged in the grocery retailing in the U.K. Through its subsidiaries, Co.'s principal activities include include the acquisition of food products, property management, maintenance and investment, manufacturing and distributing of food products, insurance captive, preparation and supply of seafood, meat processing, manufacturing of morning goods and bread, produce packer and purchaser, grocery retailer and pharmaecutical license holder. As of Jan 29 2017, Co. operated a total of 491 stores, 334 petrol filling stations, 401 cafes and 118 pharmacies.
  • TickerMRW
  • ISINGB0006043169
  • ExchangeLondon Stock Exchange
  • SectorFood & Drug Retailers
  • CountryUnited Kingdom

Analysts

1 director sold

A director at Morrison (Wm) Supermarkets sold 200,000 shares at 213p and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names ...

Ioannis Pontikis

Morningstar | Morrison's Reports In-Line 1Q Sales, Announces Ocado Partnership Changes; Shares Fairly Valued

Wm Morrison reported a first-quarter sales update for the 13 weeks to May 5, with group sales up 2.4% (versus 2% annual expectations in our model), like-for-like or LFL sales excluding fuel up 2.3% for the quarter, supported by wholesale (up 2.1%) while retail was soft (up 0.2% versus 0.9% annual expectations in our model). Morrison's statement didn't include any comment on guidance. We maintain our GBX 208 fair value estimate. Contribution from online through Ocado's customer fulfillment centers was 0.4% in the period, implying negative 0.2% in-store LFL growth and negative store volume, giv...

Ioannis Pontikis

Morrison's Reports In-Line 1Q Sales, Announces Ocado Partnership Changes; Shares Fairly Valued

Wm Morrison reported a first-quarter sales update for the 13 weeks to May 5, with group sales up 2.4% (versus 2% annual expectations in our model), like-for-like or LFL sales excluding fuel up 2.3% for the quarter, supported by wholesale (up 2.1%) while retail was soft (up 0.2% versus 0.9% annual expectations in our model). Morrison's statement didn't include any comment on guidance. We maintain our GBX 208 fair value estimate.  Contribution from online through Ocado's customer fulfillment cente...

With a more favourable environment, MORRISON(WM)SPMKTS.PLC. improves to Slightly Positive

MORRISON(WM)SPMKTS.PLC. (GB), a company active in the Food Retailers & Wholesalers industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 2 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date May 7, 2019, the closing price was GBp 214.90 and its potential was estimated at GBp 242.87.

Ioannis Pontikis

Morningstar | No Surprises in Morrisons' 2018 Results as Wholesale Leads the Way; Shares Fairly Valued

Wm Morrison reported results for the 52 weeks to Feb. 3, with group sales up 2.7% (3% in our model), like-for-like sales excluding fuel up 4.8% for the year (3.8% for the fourth quarter versus 2.8% a year ago), supported by the retail (up 1.5% versus 1.9% in our model) and wholesale (up 3.3% versus 1.8% in our model) channels, while fuel sales were up 1% (5% in our model), broadly in line with our full-year expectations. Morrison reaffirmed its incremental profit before tax guidance of GBP 75 million-125 million over the medium term with GBP 54 million already delivered. Operating profit befor...

Ioannis Pontikis

Morningstar | Morrison's Reports In-Line 1Q Sales, Announces Ocado Partnership Changes; Shares Fairly Valued

Wm Morrison reported a first-quarter sales update for the 13 weeks to May 5, with group sales up 2.4% (versus 2% annual expectations in our model), like-for-like or LFL sales excluding fuel up 2.3% for the quarter, supported by wholesale (up 2.1%) while retail was soft (up 0.2% versus 0.9% annual expectations in our model). Morrison's statement didn't include any comment on guidance. We maintain our GBX 208 fair value estimate. Contribution from online through Ocado's customer fulfillment centers was 0.4% in the period, implying negative 0.2% in-store LFL growth and negative store volume, giv...

Ioannis Pontikis

Morrison's Reports In-Line 1Q Sales, Announces Ocado Partnership Changes; Shares Fairly Valued

Wm Morrison reported a first-quarter sales update for the 13 weeks to May 5, with group sales up 2.4% (versus 2% annual expectations in our model), like-for-like or LFL sales excluding fuel up 2.3% for the quarter, supported by wholesale (up 2.1%) while retail was soft (up 0.2% versus 0.9% annual expectations in our model). Morrison's statement didn't include any comment on guidance. We maintain our GBX 208 fair value estimate.  Contribution from online through Ocado's customer fulfillment cente...

Ioannis Pontikis

Morningstar | No Surprises in Morrisons' 2018 Results as Wholesale Leads the Way; Shares Fairly Valued

Wm Morrison reported results for the 52 weeks to Feb. 3, with group sales up 2.7% (3% in our model), like-for-like sales excluding fuel up 4.8% for the year (3.8% for the fourth quarter versus 2.8% a year ago), supported by the retail (up 1.5% versus 1.9% in our model) and wholesale (up 3.3% versus 1.8% in our model) channels, while fuel sales were up 1% (5% in our model), broadly in line with our full-year expectations. Morrison reaffirmed its incremental profit before tax guidance of GBP 75 million-125 million over the medium term with GBP 54 million already delivered. Operating profit befor...

Ioannis Pontikis

No Surprises in Morrisons' 2018 Results as Wholesale Leads the Way; Shares Fairly Valued

Wm Morrison reported results for the 52 weeks to Feb. 3, with group sales up 2.7% (3% in our model), like-for-like sales excluding fuel up 4.8% for the year (3.8% for the fourth quarter versus 2.8% a year ago), supported by the retail (up 1.5% versus 1.9% in our model) and wholesale (up 3.3% versus 1.8% in our model) channels, while fuel sales were up 1% (5% in our model), broadly in line with our full-year expectations. Morrison reaffirmed its incremental profit before tax guidance of GBP 75 mi...

Ioannis Pontikis

Morningstar | Ocado-M&S Joint Venture Is Latest Sign of an Ailing U.K. Grocery Industry in Need of Consolidation

On Feb. 27, Ocado and Marks & Spencer announced the creation of an equal-participation joint venture, putting an end to rumors of a potential tie-up between the two companies. The joint venture will include Ocado's U.K. grocery retail business (GBP 1.5 billion sales, 700,000 customers) and a new partnership for fulfillment and delivery services provided by the Ocado Smart Platform (management of warehouses and logistics via an annual capacity fee under a long-term contract) along with products and sourcing from M&S. M&S will pay Ocado GBP 750 million (GBP 187.5 million of which is payable afte...

1 director sold

A director at Morrison (Wm) Supermarkets sold 200,000 shares at 213p and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names ...

With a more favourable environment, MORRISON(WM)SPMKTS.PLC. improves to Slightly Positive

MORRISON(WM)SPMKTS.PLC. (GB), a company active in the Food Retailers & Wholesalers industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 2 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date May 7, 2019, the closing price was GBp 214.90 and its potential was estimated at GBp 242.87.

Wm Morrison Supermarkets Plc

Wm Morrison Supermarkets Plc

Wm Morrison Supermarkets Plc

Wm Morrison Supermarkets Plc

Morrison – Proxinvest Corporate Governance Rating ® : B

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Expert Corporate Governance Service (ECGS)

William Morrison Supermarkets PLC - Proxy report 14/06/2018

Item 2: Approve the Remuneration Report The structure is considered unsatisfactory as the maximum bonus exceeds guidelines (200% of base salary) and quantum is excessive. More importantly, the Company has made its Adjusted FCF targets significantly less challenging in what appears to be an attempt to keep vesting rates for its LTIP high in coming years despite decreases in operating cash flows. It has also adopted EPS growth targets that are well below historical growth rates over the past three years. Making matters worse is the fact that 48.11% of shareholders voted against the Remuneration...

Valérie GASTALDY

Analyse court terme - WM MORRISON SUPERMARKETS : La tendance est haussière.

La tendance est haussière. Les cours progressent encore, mais la tendance s'affaiblit. La prochaine résistance est à 266,40 p. La rupture de 237,96 p mettrait la tendance en danger.

Valérie GASTALDY

Short term view - WM MORRISON SUPERMARKETS : The trend is bullish.

The trend is bullish. Prices are still making progress but the trend is slowing down. The next resistance is at 266.40 p. The break of 237.96 p would endanger the trend.

Valérie GASTALDY

Analyse court terme - WM MORRISON SUPERMARKETS : La tendance est incertaine.

La tendance est incertaine. Les cours baissent, mais la tendance manque de puissance pour le moment. Le prochain support est à 237,96 p.

Valérie GASTALDY

Short term view - WM MORRISON SUPERMARKETS : The trend is uncertain.

The trend is uncertain. Prices are falling, but the trend is lacking power for the time being. The next support is at 237.96 p.

Valérie GASTALDY

Medium term view - WM MORRISON SUPERMARKETS : The background trend is clearly bullish.

The background trend is clearly bullish. Prices are still making progress. The following targets are at 266.80 p and 278.50 p. The trend would be invalidated below the support at 237.91 p.

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