TED BAKER SHARE PRICE INFORMATION

Name Ted Baker Epic TED
Sector General Retailers ISIN GB0001048619

Activites Ted Baker plc is one of the fastest-growing leading lifestyle brands in the UK. Its collections have expanded rapidly since its beginnings as a menswear brand in Glasgow in 1987. Today Ted Baker offers a wide range of trendy and innovative collections including: Menswear, Womenswear, Global, Endurance, Accessories, Teddy Boy, Teddy Girl, Teddy Baby, Ted Baker Home collections, Fragrance, Footwear, Eyewear and Watches. Ted Baker has a portfolio of stores in the UK and the USA and is also present in leading department stores.

Sector GENERAL RETAILERS

Mkt.Sector 25FS Mkt.Segment STMM
Turnover 322 Profit 38.92
Norm EPS 67.20 PE Ratio 27.02
Market cap 793 NMS -

News
07/05/2014 16:43 UKREG Ted Baker PLC Annual Report & Accounts and Notice of AGM
02/05/2014 18:31 UKREG Ted Baker PLC Total Voting Rights
02/05/2014 18:03 UKREG Ted Baker PLC Director/PDMR Shareholding
24/04/2014 10:48 UKREG Ted Baker PLC Director's Dealings



TED BAKER BROKER VIEWS

Date Broker Recommendation Price Old target price New target price Notes

24 Mar Jefferies International Buy 1,814.50 2,300.00 2,500.00 Retains
20 Mar N+1 Singer Hold 1,814.50 2,100.00 2,200.00 Reiterates
14 Jan Cantor Fitzgerald Buy 1,814.50 2,350.00 - Reiterates
10 Jan Liberum Capital Buy 1,814.50 2,300.00 2,300.00 Reiterates
09 Jan Cantor Fitzgerald Buy 1,814.50 2,025.00 2,350.00 Reiterates

twerp! :-)

Quester share tips 2016 -

A share to short =

We always pick a share that we think has got ahead of itself and is due a correction. Ted Baker is a fantastic British success story, but investors are now expecting far too much from this luxury brand.

The shares soared 35pc higher in 2015 as the company took its idiosyncratic style to the US and Asia. However, the valuation is now looking extremely stretched with the shares trading on 35 times earnings.

The company still generates the majority of its profits from the UK, and there are worrying signs across the retail sector that the crucial Christmas period has been slow. A situation that could have been exacerbated at Ted Baker as it is famously reluctant to offer discounts

The view from Hargreaves Lansdowne [although just pre brexit]

Ted Baker has this morning [14 June 2016] released a trading update for the 19 week period from 31 January 2016 to 11 June 2016. The shares were up almost 2% after the news.

Group revenue is up 11.3% on the comparable period last year, with retail sales up 12.7% (10.3% in constant currency). Average retail square footage rose 9.7% to just over 379,000 sq. ft, as international expansion continues. New stores were opened in Beijing, Ottawa and Seattle, and further concessions were opened in premium department stores in China, France, Germany, Japan and Spain.

E-commerce sales rose by 32.3%, with Ted's first foreign language specific site launched in Germany.

Wholesales for the period increased by 7.3% (5.6% in constant currency) and the smaller licencing business continues to perform well. The UK wholesale business was impacted by the timing of some deliveries, but the group continues to anticipate low double digit growth in the wholesale business for the full year.

Ted Baker say that these results were achieved in the context of challenging external trading conditions, but believe that the group remain well positioned to meet company expectations for the full year. Bloomberg consensus is for Ted Baker's 2017 earnings before interest and tax to come in at around £67-70m.

Our view:

Ted Baker has grown from a shirt shop in Glasgow to a quirky global lifestyle brand; the ethos is to try and present something that is a little different to the mainstream, an affordable luxury for consumers seeking individuality and indulgence.

As a relatively young brand, Ted Baker is expanding. However, almost uniquely for a global fashion brand, the group does not advertise. They aim for a product that will sell itself and that people will talk about, allowing some of the savings on advertising to be reinvested back into the design of the garments, to try and make the quality shine out.

When opening new stores, the focus is on choosing the right locations, rather than just rolling out as many as possible. So far, this strategy has worked. The Ted Baker brand has gone from strength to strength and over the last 10 years, annual sales growth and operating profits have both averaged double digit annual growth. This consistency extends to the group's dividend record too. Over the same period, the dividend has gone up every year, at an average rate of 14%.

Ted Baker is currently investing significant amounts into its infrastructure behind the stores and recently acquired a new distribution facility, which should help its already strong online offering. The group also recently bought its HQ in the Ugly Brown building in London. This spending has pushed group debt up, however as long as we don't see a fashion faux pas in the near-term, Ted should be able to manage current levels of debt easily enough.

After a trading on a PE rating of over 25 for most of last year, Ted Baker shares now trade on a PE of a shade under 20 times future earnings. Bloomberg consensus is for the dividend to double as earnings increase by around 40% over the next 3 years.

All yield figures are variable and not guaranteed

Doesn't look good to take a leave of absence at close of Market -DYOR- when everyone in the Co must have know at least an hour, or three beforehand. Well, we can expect some tongue-wagging, now without hugs, as this sp =1493 DYOR - is probably set to fall. Oh dear. PE ratio is still high IMHO. Modest yield.
EDIT(11Dec2018)- seems sp has settled at £15. Another Dir buys £10k-worth is not important.