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Barratt Developments PLC Add to portfolio

LON100:BDEV, May 20, 07:35 UTC

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Monday, May 14


News

Barratt share price: why is it underperforming the FTSE 100?

BDEV GBPUSD

In the last year, the Barratt(LSE: BDEV) share price has fallen by 8%. That’s a worse performance than the FTSE 100’s rise of 2% and suggests that investor sentiment towards the company remains weak. With Brexit under a year away and the prospects for the economy being downgraded recently by the Bank of England, this may not be a major surprise. But for long-term investors, it could present a buying opportunity for UK-focused stocks such as Barratt. Its price-to-earnings growth (PEG) ratio of 0.6 suggests that it has a wide margin of safety and may be able to deliver impressive share price growth despite the risks from Brexit.

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Friday, May 11


Social Chatter

Barratt Developments PLC (LON100:BDEV) social chatter is higher than usual

BDEV
Although the technical rating is bad, $BDEV does present a nice setup opportunity. https://t.co/ER4FFuhDNz #BarrattDevelopmentsPlc #LondonStockExchange #BDEV #Chartmill #TechnicalAnalysis https://t.co/c0M4BgENRW
Social Chatter

Barratt Developments PLC (LON100:BDEV) social chatter is higher than usual

BDEV
Although the technical rating is bad, $BDEV does present a nice setup opportunity. https://t.co/ER4FFuhDNz #BarrattDevelopmentsPlc #LondonStockExchange #BDEV #Chartmill #TechnicalAnalysis https://t.co/3GmI0859mx

Thursday, May 10


Social Chatter

Barratt Developments PLC (LON100:BDEV) social chatter is higher than usual

BDEV
Market Fallers: Admiral Group plc, Barratt Developments Plc, BT Group plc, Centrica PLC - https://t.co/pnyEPeyPlb - #ADM #BDEV #BTA #CNA
News

Why I believe the Barratt share price could soon return to 650p

BDEV

Today’s trading statement from FTSE 100 housebuilder Barratt Developments (LSE: BDEV) confirmed my view that these shares could soon return to 650p, a level last seen in January. The 7.4% forward yield continues to be supported by net cash, which is now expected to be “around £550m” at the end of June. Management has confirmed that the firm remains on track to return £1.9bn of cash to shareholders during the five years to November 2019. Making houses more profitable. So far this year, Barratt has sold an average of 302 houses a week, compared to 299 during the same period last year. However, the company says that engineering and design changes to its housing range “should increasingly benefit” the firm’s profit margins.

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News

Barratt shrugs off housing market gloom to post record sales

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Barratt Developments has shaken off any concern about the state of the housing market to report record sales of its homes. The number of reservations for homes which were made was broadly the same as last year, at 0.8 per sales outlet per week. The company’s cash position for the full year, which ends on June 30 is now expected to be better than it had previously thought, at around £550m, but lower than last year’s £723.7m. The construction industry had been hit earlier in the year by a number of days of bad weather. But Barratt, which is the UK’s largest housebuilder, said the “market fundamentals remain supportive” and that demand from customers had remained strong.

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News

Barratt Developments Sales Increase In "Strong" Start To 2018

BDEV

LONDON (Alliance News) - Barratt Developments PLC said Thursday its trading in the first four months of 2018 was "strong" and in line with full-year expectations. In the period January 1 to the past Sunday, Barratt booked record total forward sales, up 2.5%, to GBP3.3 million from GBP3.2 million the year before. Net private reservations per week was up to 302 from 299 in the four-month period, resulting in a sales rate of 0.80 net private reservations per active outlet per average week, the same as the year before. Looking further forward, Barratt said it is investing in "new, more efficient ways to design and build homes", with trials in new construction methods expected to build over 1,900 homes using timber, large format block or light gauge steel frame.

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Social Chatter

Barratt Developments PLC (LON100:BDEV) social chatter is higher than usual

BDEV
Barratt Developments's buy rating reiterated at Peel Hunt. https://t.co/cv680mTL09 $BDEV #BDEV
News

Barratt reaffirms full-year forecast on robust demand

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(Reuters) - Britain's biggest housebuilder Barratt Developments <BDEV.L> reported strong trading in the first four months of the year on Thursday on "robust" customer demand and said it expected full-year results in line with its expectations. The company said strong performance across the business was driven by demand for new homes and the wide availability of mortgage finance. Barratt, which said in February it was considering moving production of blocks used in construction from Germany to Britain, said it was continuing to invest in trials for modern methods of construction to address the skills shortage in the industry. Barratt said in its trading update for the period from Jan. 1 to May 6 that it expected to approve the purchase of more than 20,000 plots for the full year to help support future volume growth.

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News

Builder Barratt reaffirms FY forecast on robust demand

BDEV

(Reuters) - Britain's biggest housebuilder Barratt Developments (BDEV.L) on Thursday said it expected full-year results in line with expectations and reported strong trading in the first four months of the year on "robust" customer demand. The firm said total forward sales had risen 2.5 percent to 3.29 billion pounds ($4.46 billion) by May 6, equating to 833 more plots than the year-ago period. Barratt said in its trading update for the period from Jan. 1 to May 6 that it expected to approve the purchase of more than 20,000 plots for the full year to help support future volume growth.

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  • Business
  • Financial