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Reece (REH)

ASX.REH $13.94

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ASX.REH $13.94

20 MINUTE DELAYED

TODAY

1.16 %

1 YEAR RETURN

0.00%

VOLUME

661,635

DIV YIELD

1.42%

PE RATIO

27.95

52 WEEK RANGE

12.93

28.47

ANALYSIS
OPINION
ACTION

ANALYSIS

Overview

SHARE PRICE ACTIVITY
Last (Price)	13.94
Change	0.16 (1.16)
Bid / Ask	13.93 - 14.02
Volume	661,635
Volume (3mths avg)	0
Turnover	9,285,464
Open	14.20
Day Range	13.94 - 14.41
VWAP	14.03
Prev Close	13.78
Last Trade	06.10 01/07 (AEST)

KEY INFORMATION
Sector	Capital Goods
Shares Issued	267,211,698
NTA/Share	0.00
Last Dividend	0.08
Dividend Ex Date	28 MAR 2022
Dividend Pay Date	12 APR 2022

CURRENT ()
Revenue
EBITDA
Profit
Earnings Per Share (EPS)	0.00
Dividend Per Share (DPS)	0.00
Yield %	1.42
Market Cap	0.00
Price to Earnings Ratio (P/E)	27.95

TARGET PRICE FORECAST

ESTIMATES ()
Revenue	0.00
EBITDA	0.00
Profit	0.00
Earnings Per Share (EPS)	0.00
Dividend Per Share (DPS)	0.00

BROKER CONSENSUS RECOMMENDATION

BUY

SELL

Target Price

0.00

Lt Growth Rate

0.00

Recommendation ()

0.00

OPINION

12/04/2022 09:44

Reece (REH) $17.42

When you need bathroom fittings & fixtures, chances are you’ll at least drift through a Reece showroom. This $11bn business generates around half its revenue in the US following its acquisition of MORSCO in 2018 which more than doubled their size in one fell swoop. While the Australian business still accounts for a disproportionally high percentage of the profits given its market...

18/01/2022 09:39

Reece Ltd (REH) $24.05

Plumbing business REH appeared to be hit by some aggressive profit taking after posting no fresh news, this felt like yet another classic case of “sell the pop”. There’s actually been no major news from REH since Octobers Q1 FY22 update which showed a 13% increase in sales revenue hence the movement over the most recent months has been...

27/08/2021 09:28

Reece Ltd (REH) $20.64

As we’ve discussed this week If a stock doesn’t reverse the day after a strong drop post a poor earnings report the likelihood is it’s going lower, traders have an old saying going back to the floor days when it comes to trading aggressive moves i.e. gaps down come in 3 stages, “the initial gap, the acceleration gap and the exhaustion gap”. In other words people looking...

24/08/2021 08:07

Reporting Today (AMA, ALC, AWC, ANN, ASB, BRI, BLD, CBR, EP1, EHE, OSH, MND, SKI, NTO, SCG, SEK, HUB, RDY, REH, KGN, VEA)

Companies reporting today include: AMA Group Ltd. (AMA), Alcidion Group Ltd. (ALC), Alumina Ltd. (AWC), Ansell Ltd. (ANN), Austal Ltd. (ASB), Big River Industries Pty (BRI), Boral Ltd. (BLD), Carbon Revolution Ltd. (CBR), E&P Financial Group Ltd. (EP1), Estia Health Ltd. (EHE), Oil Search (OSH), Monadelphous Group (MND), Spark Infrastructure (SKI), Scentre Group (SGC), Seek (SEK), Hub24 (HUB), ReadyTech (RDY), Reece (REH), Kogan (KGN), Viva Energy (VEA), Nitro (NTO)

ACTION

REH

UPDATED 12/04/2022 10:01

MM sees no reason to own REH at this point

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REH

UPDATED 18/01/2022 17:15

MM is neutral REH

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REH

UPDATED 30/08/2021 08:57

MM will consider accumulating REH closer to $18

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Business Summary

Reece (REH) operates as a plumbing, building and hardware merchant throughout Australia. The Company offers a variety of bathroom, kitchen and laundry products through its national stores and showrooms. Reece's products are utilized by plumbers, consumers, architects, builders and interior designers.