Should I buy or sell Tesco stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tesco in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TSCO shares. View TSCO analyst ratings or view top-rated stocks .

What is Tesco's stock price target for 2024?

4 analysts have issued 12 month price objectives for Tesco's stock. Their TSCO share price targets range from GBX 240 to GBX 350. On average, they predict the company's stock price to reach GBX 308.33 in the next year. This suggests a possible upside of 9.3% from the stock's current price. View analysts price targets for TSCO or view top-rated stocks among Wall Street analysts .

How have TSCO shares performed in 2024?

Tesco's stock was trading at GBX 290.50 on January 1st, 2024. Since then, TSCO stock has decreased by 2.9% and is now trading at GBX 282.20. View the best growth stocks for 2024 here .

How often does Tesco pay dividends? What is the dividend yield for Tesco?

Tesco announced a dividend on Wednesday, April 10th. Stockholders of record on Thursday, May 16th will be given a dividend of GBX 8.25 per share on Friday, June 28th. This represents a yield of 2.87%. The ex-dividend date of this dividend is Thursday, May 16th. This is an increase from the stock's previous dividend of GBX 3.85. The official announcement can be seen at this link . Read our dividend analysis for TSCO .

Is Tesco a good dividend stock?

Tesco (LON:TSCO) pays an annual dividend of GBX 11 per share and currently has a dividend yield of 3.66%. The dividend payout ratio is 5,500.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for TSCO .

What other stocks do shareholders of Tesco own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tesco investors own include Booker Group (BOK) , Lloyds Banking Group (LLOY) , Wm Morrison Supermarkets (MRW) , Royal Bank of Scotland Group (RBS) , Centamin (CEY) , Barclays (BARC) , Glencore (GLEN) , Bank of America (BAC) , Tesco (TSCDY) and BP (BP) .

How do I buy shares of Tesco?

Shares of TSCO stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock. Compare Top Brokerages Here .

LON:TSCO

Tesco (TSCO) Share Price, News & Analysis

→ Did You Get Your Free Bitcoin Yet? (From Crypto Swap Profits) (Ad)

Free TSCO Stock Alerts

GBX 283.40

+1.20 (+0.43%)

(As of 05:07 AM ET)

Compare

Today's Range: 283.20
▼
285
50-Day Range: 273.70
▼
298.20
52-Week Range: 244.20
▼
306.10

Volume: 13.42 million shs
Average Volume: 19.17 million shs
Market Capitalization: £19.95 billion

P/E Ratio: 1,417.01
Dividend Yield: 3.88%
Price Target: GBX 308.33

Stock Analysis Analyst Forecasts Chart Competitors Dividend Headlines Insider Trades

Get Tesco alerts:

Tesco MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 9.3% Upside
GBX 308.33 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.61
Based on 13 Articles This Week
Insider Trading: Acquiring Shares
£55,221 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.70 out of 5 stars

1.4

Analyst's Opinion

Consensus Rating
Tesco has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Tesco has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for TSCO.

1.7

Dividend Strength

Dividend Leadership
Tesco is a leading dividend payer. It pays a dividend yield of 3.66%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Tesco does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Tesco is 5,500.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TSCO.

3.1

News and Social Media Coverage

News Sentiment
Tesco has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.25 average news sentiment score of Consumer Defensive companies.
News Coverage This Week
MarketBeat has tracked 13 news articles for Tesco this week, compared to 16 articles on an average week.
Search Interest
14 people have searched for TSCO on MarketBeat in the last 30 days. This is an increase of 8% compared to the previous 30 days.
MarketBeat Follows
7 people have added Tesco to their MarketBeat watchlist in the last 30 days. This is an increase of 250% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tesco insiders have bought more of their company's stock than they have sold. Specifically, they have bought £552.21 in company stock and sold GBX 0 in company stock.
Percentage Held by Insiders
Only 2.06% of the stock of Tesco is held by insiders.
Percentage Held by Institutions
65.11% of the stock of Tesco is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Tesco is 1,411.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 139.07.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tesco is 1,411.00, which means that it is trading at a more expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 240.33.
Price to Earnings Growth Ratio
Tesco has a PEG Ratio of 3.35. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Tesco has a P/B Ratio of 1.65. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad Paradigm Press

Bitcoin Rockets To Record High But Buy THIS Instead

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

>>Click here to find out what it is.

About Tesco Stock (LON:TSCO)

Tesco PLC, together with its subsidiaries, operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary. It offers grocery products through its stores, as well as online. The company is also involved in the food and drink wholesaling activities. In addition, it provides banking and insurance and mobile operating services. Further, the company operates a network of one stop convenience stores; and offers data science, technology, software, and consultancy services. Tesco PLC was founded in 1919 and is headquartered in Welwyn Garden City, the United Kingdom.

TSCO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TSCO Stock News Headlines

April 16, 2024 | insidertrades.com

Tesco PLC (LON:TSCO) Insider Acquires £138.18 in Stock

March 20, 2024 | insidertrades.com

Insider Buying: Tesco PLC (LON:TSCO) Insider Purchases 48 Shares of Stock

April 18, 2024 | Paradigm Press (Ad)

AI “wealth window” is closing soon!

Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.

April 16, 2024 | americanbankingnews.com

Tesco PLC (LON:TSCO) Insider Ken Murphy Acquires 49 Shares

April 15, 2024 | uk.finance.yahoo.com

A 5% yield? Here’s the 3-year dividend forecast for Tesco shares

April 13, 2024 | morningstar.com

Tesco PLC TSCO

April 12, 2024 | americanbankingnews.com

Tesco (LON:TSCO) Stock Rating Reaffirmed by Jefferies Financial Group

April 11, 2024 | msn.com

UK consumer sentiment on the up, says Tesco boss

April 18, 2024 | Paradigm Press (Ad)

AI “wealth window” is closing soon!

Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.

April 11, 2024 | bloomberg.com

Tesco Sees Higher Profit With Price Cuts Helping Draw In Shoppers

April 11, 2024 | msn.com

Tesco PLC reports FY results

April 11, 2024 | finance.yahoo.com

Tesco Full Year 2024 Earnings: EPS Beats Expectations

April 11, 2024 | americanbankingnews.com

Shore Capital Reaffirms Buy Rating for Tesco (LON:TSCO)

April 11, 2024 | americanbankingnews.com

Tesco (LON:TSCO) Sets New 1-Year High After Dividend Announcement

April 10, 2024 | msn.com

Shares of U.K.’s biggest grocer jump 6% on profit boost and £1 billion buyback

April 10, 2024 | msn.com

UK equities end volatile session higher as investors ponder rate outlook

April 10, 2024 | msn.com

UK's Tesco forecasts profit rise as consumer sentiment improves

April 10, 2024 | uk.finance.yahoo.com

What’s going on with the Tesco share price after the latest results?

April 10, 2024 | markets.businessinsider.com

Tesco Plc Stock Up On Strong FY24 Results, Dividend Hike, GBP 1 Bln Buyback

April 7, 2024 | msn.com

Are Tesco shares overvalued?

April 5, 2024 | uk.finance.yahoo.com

Time to look at Britain’s grocers for some excellent dividend shares?

April 4, 2024 | msn.com

Aldi UK pledges to cut more prices in 2024

April 1, 2024 | finance.yahoo.com

An Intrinsic Calculation For Tesco PLC (LON:TSCO) Suggests It's 38% Undervalued

April 1, 2024 | msn.com

2 FTSE 100 stocks I’ll avoid like the plague in April!

April 1, 2024 | msn.com

Supermarket makes major change to loyalty scheme and it will save you money

March 31, 2024 | msn.com

2 FTSE 100 stocks I’m eyeing for April

March 31, 2024 | msn.com

Filer off to a flier with England after checking out of supermarket check-out

See More Headlines

Receive TSCO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Tesco and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange: LON
Sector: Consumer Defensive
Industry: Grocery Stores
Sub-Industry: N/A
Current Symbol: LON:TSCO
CUSIP: N/A
CIK: N/A
Web: www.tescoplc.com
Phone: +44-1992-632222
Fax: N/A
Employees: 330,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: GBX 308.33
High Stock Price Target: GBX 350
Low Stock Price Target: GBX 240
Potential Upside/Downside: +9.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.20
Trailing P/E Ratio: 1,411.00
Forward P/E Ratio: 11.29
P/E Growth: 3.35
Net Income: £1.43 billion
Net Margins: 2.13%
Pretax Margin: N/A
Return on Equity: 11.11%
Return on Assets: 3.68%

Debt

Debt-to-Equity Ratio: 129.69
Current Ratio: 0.74
Quick Ratio: 0.60

Sales & Book Value

Annual Sales: £67.39 billion
Price / Sales: 0.29
Cash Flow: GBX 68.08 per share
Price / Cash Flow: 4.15
Book Value: GBX 171 per share
Price / Book: 1.65

Miscellaneous

Outstanding Shares: 7,040,000,000
Free Float: N/A
Market Cap: £19.87 billion
Optionable: Not Optionable
Beta: 0.52

Beginners Guide To Retirement Stocks

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report

Key Executives

Mr. Ken Murphy (Age 58)
Group CEO & Executive Director
Comp: $4.44M
Mr. Imran Nawaz (Age 51)
CFO & Director
Comp: $3.04M
Mr. Guus Dekkers (Age 59)
Chief Technology Officer
Mr. Adrian Charles Morris (Age 57)
Group General Counsel
Ms. Christine Heffernan
Group Communications Director
Ms. Emma Taylor
Chief People Officer
Mr. Ashwin Prasad
Chief Commercial Officer
Ms. Sarah Lawler
MD of Tesco Convenience
Kevin Tindall
MD of Large Stores
Ms. Stephanie Wood
MD of One Stop

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

Should I Buy Tesco Stock? TSCO Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Tesco PLC:

Tesco PLC has a strong market presence in the grocery retail sector in the United Kingdom and other countries, providing stability and potential growth opportunities.
Recent insider buying activity by key executives like Ken Murphy indicates confidence in the company's future performance, which can be a positive signal for investors.
The company offers a diverse range of services beyond grocery retail, including banking, insurance, and mobile operating services, which can contribute to revenue diversification and resilience.
Tesco PLC's stock price has shown stability and potential for growth, with a 50-day moving average price of GBX 286.47 and a 200-day moving average price of GBX 280.84.
Analyst upgrades and positive ratings from firms like Shore Capital can provide additional reassurance to investors regarding the company's prospects.

Cons

Investors should be bearish about investing in Tesco PLC for these reasons:

Tesco PLC operates in a highly competitive industry with thin profit margins, which can pose challenges for sustained profitability and growth.
The company's high debt-to-equity ratio of 129.69 may raise concerns about financial leverage and potential risks in case of economic downturns or market fluctuations.
Despite recent insider buying, the stock's performance has been relatively flat, with a twelve month low of GBX 244.10 and a twelve month high of GBX 303.70, indicating limited short-term price movement.
The company's P/E ratio of 1,438.50 and P/E/G ratio of 3.72 suggest that the stock may be overvalued compared to its growth prospects, potentially leading to a correction in the future.
Tesco PLC faces ongoing challenges in adapting to changing consumer preferences, technological advancements, and regulatory requirements, which could impact its long-term competitiveness and profitability.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, April 11, 2024. Please send any questions or comments about these Tesco pros and cons to contact@marketbeat.com.

TSCO Stock Analysis - Frequently Asked Questions

Should I buy or sell Tesco stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tesco in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TSCO shares.
View TSCO analyst ratings or view top-rated stocks.
What is Tesco's stock price target for 2024?: 4 analysts have issued 12 month price objectives for Tesco's stock. Their TSCO share price targets range from GBX 240 to GBX 350. On average, they predict the company's stock price to reach GBX 308.33 in the next year. This suggests a possible upside of 9.3% from the stock's current price.
View analysts price targets for TSCO or view top-rated stocks among Wall Street analysts.
How have TSCO shares performed in 2024?: Tesco's stock was trading at GBX 290.50 on January 1st, 2024. Since then, TSCO stock has decreased by 2.9% and is now trading at GBX 282.20.
View the best growth stocks for 2024 here.
How often does Tesco pay dividends? What is the dividend yield for Tesco?: Tesco announced a dividend on Wednesday, April 10th. Stockholders of record on Thursday, May 16th will be given a dividend of GBX 8.25 per share on Friday, June 28th. This represents a yield of 2.87%. The ex-dividend date of this dividend is Thursday, May 16th. This is an increase from the stock's previous dividend of GBX 3.85. The official announcement can be seen at this link.
Read our dividend analysis for TSCO.

Is Tesco a good dividend stock?: Tesco (LON:TSCO) pays an annual dividend of GBX 11 per share and currently has a dividend yield of 3.66%. The dividend payout ratio is 5,500.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for TSCO.
What other stocks do shareholders of Tesco own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Tesco investors own include Booker Group (BOK), Lloyds Banking Group (LLOY), Wm Morrison Supermarkets (MRW), Royal Bank of Scotland Group (RBS), Centamin (CEY), Barclays (BARC), Glencore (GLEN), Bank of America (BAC), Tesco (TSCDY) and BP (BP).
How do I buy shares of Tesco?: Shares of TSCO stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

This page (LON:TSCO) was last updated on 4/18/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Tesco (TSCO) Share Price, News & Analysis

Tesco MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Tesco Stock (LON:TSCO)

TSCO Stock Price History

TSCO Stock News Headlines

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

Should I Buy Tesco Stock? TSCO Pros and Cons Explained

Pros

Cons

TSCO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™