Carr Group Stock Is Worth Watching

last updated on

Carr Group Stock Is Worth Watching

Carr'S Group (Carr): A Stock Worth Watching

Carr's Group is listed on the LSE under the CARR ticker and is regarded as an agricultural specialist. They have made a lot of effort to improve their financial strength and profitability.

As a result, the Carr's Group now has all the things that value-oriented investors seek in a stock. That's why many analysts are now of the view that Carr's Group is a stock that's worth watching and maybe even buying a little bit.

Carr'S Group: A Leader In Nutrition Products

Recently, the Carr's Group has sold its engineering division for around 75 million. This means the Carr's Group can now focus purely on its livestock nutrition products.

As of now, around half of the Carr's Group's revenue comes from the US and the other half from the UK. The recent move by Carr's has allowed it to focus entirely on the market cycle of the agricultural products. At the same time, it means the results of the Carr's Group will also reflect the seasonal changes of this sector.

Right now, Carr's Group has production sites in Bury St Edmunds, Ayr, and Silloth. The nutrition products of Carr's Group are being exported globally, but the UK and the US are the main key markets.

Recent data shows that the H1 revenue of the company jumped by almost 7%. At the same time, the sales jumped by 15% y/y, which is a very strong number.

The adjusted operating profit of Carr's also jumped by 64%. Meanwhile, the margins have improved a lot when compared to the COVID era.

However, the one key risk for the Carr's is the US trade policy and the ever-changing tariffs. As the US is a big market for Carr's, it would be bad news for the firm's profitability.

But despite the risks associated with the tariffs, Carr's Group is still a stock that's worth keeping an eye on!

Trending Stories