Overview
UK Precision engineering group's 2025 EBITDA rose 7% to $135 mln, margin improved to 13%
Company completed $33.5 mln of $60 mln share buyback, plans to continue in Q1 2026
2026 EBITDA expected to be $145-$155 mln, reflecting organic growth despite market volatility
Outlook
Company expects 2026 EBITDA between $145 mln and $155 mln
Company plans 2026 capital expenditure of $40 mln to $50 mln
Hunting raises 2030 Subsea Technologies revenue target to $470 mln
Result Drivers
LARGE ORDERS - Completion of large orders for KOC and Exxon contributed to a $350 mln sales order book
NORTH AMERICA GAINS - North America segment reported robust profits with market share gains in US OCTG business
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY EBITDA
$135 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the oil related services and equipment peer group is "buy"
Wall Street's median 12-month price target for Hunting PLC is GBp450.00, about 14.4% above its January 12 closing price of GBp393.50
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 10 three months ago
Press Release: ID:nBw6l6QqKa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
