Coverage / LON:JHD / Trade Card

LON:JHD

James Halstead PLC

OPPORTUNISTIC BUY 2026-08-01 Updated today 120.00p Industrials - ConstructionAWAIT ENTRY
55

Position levels

Currenttoday
120.00p
Buy <=wait / entry
105.00p
Trim >=take some off
125.00p
Thesis breakA second consecutive FY profit guidance downgrade combined with a dividend polic...
-

Scenario-weighted conviction

ProbabilityScoreContribution
Bull case23%100 / 10023.0
Base case47%62 / 10029.1
Bear case30%10 / 1003.0
Weighted conviction55 / 100 - OPPORTUNISTIC BUY

Top risks

  • H1 2026 revenue decline to GBP 127.2m from GBP 130.1m and pre-tax profit to GBP 24.7m from GBP 28.5m
  • FY profit forecast downgrade of 10-15% below prior year with sales marginally lower
  • Record interim dividend raised to 2.85p despite earnings pressure
Read full report →

Research is for informational purposes only. Not financial advice. All analysis reflects the date of publication.