Based on the recent analyst estimates Van De Velde now has one of the highest dividend returns of the Belgian stock exchange.The consensus of the dividend per share is at 3,75 euros. The dividend yield consequently equals 5,91 percent. The average dividend yield of the personal goods company equals a rather high percent.
Based on the analyst's estimates both the revenue and the net profit would be on the highest levels in years. For this year the consensus of the revenue equals 217 million euros. The expectations would mean a record revenue for the company. This is slightly more than the revenue over 2015 of 208,96 million euros.
For 2016 the analysts expect a record net profit of 42 million euros. For the current year the consensus of the result per share is a profit of 3,18 euros. With these estimates the PE-ratio equals 19,97.
Van De Velde is being covered by 2 analysts (only based on fundamental analysis). The average target price for the stock is at 68 euros. This is around 7 percent more than the current stock price of 63,5 euros. The 3 most recent recommendations for Belgian were provided by DeGroof Petercam (hold, 70,00 euros), KBC Securities (hold, 66,00 euros) and Petercam (buy, 59,00 euros).
Based on the number of outstanding shares Van De Velde 's market capitalization equals 845,98 million euros.At 9.15 the stock traded at 0,14 percent higher at 63,5 euros.
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