Streetbeat News

OCDDY

Ocado Group Plc

http://www.ocadogroup.com/

CEO

Timothy Steiner

Open

6.40

Mkt cap

2.5B

Volume

13K

High

6.41

P/E Ratio

-5.82

52-wk high

12.54

Low

6.12

Div yield

N/A

52-wk low

5.76

Ocado Group PLC's share price target was significantly reduced by Deutsche Bank from 660p to 370p due to disappointing guidance in recent results.

Portfolio Pulse from

March 06, 2025 | 9:00 am

Ocado Group plc held its Q4 2024 earnings call, discussing the company's financial performance and future outlook. Key participants included executives and analysts from major financial institutions.

Portfolio Pulse from

February 28, 2025 | 1:15 am

Ocado remains optimistic about its partnership with Kroger, expecting a significant number of automated warehouses to be opened despite a current slowdown in site roll-outs.

Portfolio Pulse from

February 27, 2025 | 1:00 pm

Ocado Group PLC shares fell nearly 20% as it plans to transfer its joint venture to Marks & Spencer. Despite strong revenue growth and improved EBITDA, analysts express concerns over the company's cash flow outlook.

Portfolio Pulse from

February 27, 2025 | 12:15 pm

Ocado Group PLC reported an increase in underlying profit and reduced statutory losses, maintaining confidence in achieving positive cashflows by 2026. Despite a 14.1% revenue decline in 2024, the company remains optimistic.

Portfolio Pulse from

February 27, 2025 | 8:30 am

OCADO GROUP (OCDDY) has been upgraded to a Zacks Rank #2 (Buy), indicating increased optimism about its earnings prospects, which could positively impact the stock price in the short term.

Portfolio Pulse from

February 13, 2025 | 6:30 pm

Ocado Group plc (OCDGF) held its Q4 2024 earnings call on January 14, 2025. The call featured company executives and analysts from major financial institutions.

Portfolio Pulse from

January 14, 2025 | 6:15 pm

Ocado Retail, co-owned by Ocado Group and Marks and Spencer, reported a record Christmas and a 13.9% increase in full-year revenue to £2.69 billion. This has led to mixed analyst opinions on Ocado's future performance.

Portfolio Pulse from

January 14, 2025 | 1:15 pm

Ocado Retail reported a record Christmas season, driven by strong demand for Marks and Spencer products. The joint venture's revenue increased by 17.5% in Q4, contributing to a 13.9% rise over the year.

Portfolio Pulse from

January 14, 2025 | 8:00 am

Ocado Group PLC's share price remains near historic lows despite gains in the UK grocery market, aided by its partnership with Marks & Spencer.

Portfolio Pulse from

January 10, 2025 | 12:30 pm

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