MTS.AX - Metcash Limited

ASX - ASX Delayed price. Currency in AUD
3.095
+0.005 (+0.162%)
As of 3:06PM AEDT. Market open.
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Previous close3.090
Open3.100
Bid3.090 x 15449400
Ask3.100 x 12586400
Day's range3.080 - 3.130
52-week range1.970 - 3.240
Volume1,509,738
Avg. volume3,985,321
Market cap3.02B
Beta0.41
PE ratio (TTM)15.95
EPS (TTM)0.194
Earnings date27 Nov. 2017 - 1 Dec. 2017
Forward dividend & yield0.00 (0.00%)
Ex-dividend date2014-12-04
1y target est2.81
  • Metcash profit boost sends shares soaring
    AAP11 days ago

    Metcash profit boost sends shares soaring

    Metcash shares have hit their highest level in more than three and a half years after the wholesaler managed a 24 per cent lift in first-half profit on the back of boosted earnings across its food, liquor and hardware divisions. Despite this, Metcash's food division, which also supplies convenience stores, had a 5.8 per cent lift in pre-tax earnings, compared to an 8.1 per cent fall in earnings for the same period last year. Metcash said positive earnings from the convenience business was behind the result, while supermarket earnings were steady due to cost cuts and outsourcing of administration.

  • Metcash lifts HY profit despite IGA woes
    AAP11 days ago

    Metcash lifts HY profit despite IGA woes

    Grocery wholesaler Metcash has lifted first-half profit 24 per cent to $92.9 million despite a drop in sales across its supermarkets business. The IGA and Foodlands supplier on Monday said food sales dropped 1.4 per cent from the prior corresponding period to $4.36 billion due to fierce competition from Woolworths and Coles, plus the aggressive expansion of Aldi in SA and WA. Sales revenue rose to $7.1 billion largely due to a full contribution from the Home Timber & Hardware chain it acquired from Woolworths in October, 2016.

  • Hardware helps drive up Metcash profit
    AAP11 days ago

    Hardware helps drive up Metcash profit

    Grocery wholesaler Metcash's liquor business and Home Timber & Hardware chain have underpinned its 24 per cent lift in half-year profit. While its supermakets' business, as the supplier of IGA and Foodlands stores, continued to come under pressure amid Woolworths and Coles' price cuts and the aggressive expansion of Aldi into South Australia and Western Australia. Net profit grew to $92.9 million during the six months to October 31, up from $74.9 million a year earlier.

  • AAP11 days ago

    Metcash boosts HY profit 24% to $92.9m

    Grocery wholesaler Metcash has boosted its half-year profit 24 per cent on the back of a lift in revenue driven by sales from the Home Timber & Hardware business which it acquired last October. Net profit for the half-year to October 31 grew to $92.9 million, from $74.9 million a year earlier, while sales revenue rose 7.6 per cent to $7.1 billion, from $6.6 billion in the prior year when it received only one month of sales from Home Timber & Hardware. Metcash declared a fully franked interim dividend of six cents per share, compared to no dividend in the 2017 financial year.

  • Will the Metcash Limited share price rally on its earnings results?
    Motley Fool15 days ago

    Will the Metcash Limited share price rally on its earnings results?

    Metcash Limited (ASX:MTS) is likely to be crowned the best performing grocery stock for 2017 but there could be more upside for its share price next week.

  • Why this broker thinks Woolworths Limited shares are a buy
    Motley Foollast month

    Why this broker thinks Woolworths Limited shares are a buy

    If you thought the fighting between the supermarkets is subsiding, think again!

  • AAP2 months ago

    Aldi takes more market share from Metcash

    German discounter Aldi is taking a bigger share of the $100 billion Australian supermarket sector as IGA and Foodland fall further behind, new figures show. Industry market researcher IBISWorld has analysed the supermarkets' latest revenue figures and has found IGA and Foodland supplier Metcash has lost more ground as Aldi continues to successfully expand into WA and SA. IBISWorld's latest report on the supermarket industry, released on Wednesday, says Metcash has a 7.5 per cent market share, while Aldi now has 8.6 per cent.