Quality and momentum are highly prized among investors looking for reliable investment ideas. That's because good quality stocks tend to be resilient, cash-generating businesses that can compound investment returns over time. And resea...
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Latest News & Insights for REH
The Reece (ASX:REH) share price is currently trading at 13.44. But to predict what the price will look like in the next 12 months and beyond, it's worth knowing its strengths and potential weaknesses. The encouraging news for sharehold...
The Reece (ASX:REH) share price is currently trading at 9.82. But to try and predict what the price will look like in the next 12 months and beyond, it's worth knowing its strengths and potential weaknesses. The good news for sharehold...
Reece Limited is an Australia-based supplier of plumbing, bathroom, heating, ventilation, air-conditioning, waterworks and refrigeration products in the trade, retail, commercial and infrastructure markets. The Company’s products offering include tapware and accessories, vanities and mirrors, showers, toilets, basins, baths and spas, pipe and fittings, sinks and troughs, hot water systems, bathroom and kitchen appliances, and heating and cooling. Its tapware and accessories products include basin tapware, shower/bath tapware, kitchen and laundry tapware, commercial/care tapware, bidet tapware, bathroom accessories, kitchen and laundry accessories, boiling/chilled water, tapware spare parts, and clearance tapware and accessories. Its vanities and mirrors product includes vanities and mirrors, custom size vanity units, mirrors and cabinets, vanity and furniture accessories, and clearance vanities and mirrors. Its showers products include shower systems, shower bases and other.
Upcoming Events for REH
Full Year 2022 Reece Ltd Earnings Release
Reece Ltd Annual Shareholders Meeting
As of Today at 01:19 UTC, shares in Reece are trading at AU$15.45. This share price information is delayed by 15 minutes.
Shares in Reece last closed at AU$15.45 and the price had moved by -26.29% over the past 365 days. In terms of relative price strength the Reece share price has underperformed the ASX All Ordinaries Index by -26.8% over the past year.
The overall consensus recommendation for Reece is Sell. You can view the full broker recommendation list by unlocking its StockReport.
The Reece dividend yield is 1.26% based on the trailing twelve month period.
Last year, Reece paid a total dividend of AU$0.20, and it currently has a trailing dividend yield of 1.26%. We do not have any data on when Reece is to next pay dividends.
We do not have data on when Reece is to next pay dividends. The historic dividend yield on Reece shares is currently 1.26%.
To buy shares in Reece you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of AU$15.45, shares in Reece had a market capitalisation of AU$9.98bn.
Here are the trading details for Reece:
- Country of listing: Australia
- Exchange: ASX
- Ticker Symbol: REH
Based on an overall assessment of its quality, value and momentum Reece is currently classified as a Falling Star. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
The analyst consensus target price for shares in Reece is AU$18.54. That is 20% above the last closing price of AU$15.45.
Analysts covering Reece currently have a consensus Earnings Per Share (EPS) forecast of AU$0.57 for the next financial year.
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Reece. Over the past six months, its share price has underperformed the ASX All Ordinaries Index by -28.19%.
As of the last closing price of AU$15.45, shares in Reece were trading -25.23% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Reece PE ratio based on its reported earnings over the past 12 months is 23.76. The shares last closed at AU$15.45.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Reece's management team is headed by:
- Leslie Wilson - CHM
- Peter Wilson - CEO
- Timothy Poole - NVC
- Andrew Cowlishaw - CFO
- Claude Hornsby - CEX
- Sasha Nikolic - CEX
- Gavin Street - CEX
- Chantelle Duffy - SEC
- Andrew Wilson - NED
- Bruce Wilson - NED
- Megan Quinn - NID