Reece Limited (ASX: REH)

Australia flag Australia · Delayed Price · Currency is AUD
26.08
-1.25 (-4.57%)
May 17, 2024, 4:10 PM AEST
42.59%
Market Cap 16.85B
Revenue (ttm) 8.95B
Net Income (ttm) 425.31M
Shares Out 645.98M
EPS (ttm) 0.66
PE Ratio 39.52
Forward PE 45.66
Dividend 0.25 (0.96%)
Ex-Dividend Date Mar 27, 2024
Volume 372,849
Open 27.18
Previous Close 27.33
Day's Range 26.04 - 27.18
52-Week Range 17.10 - 29.33
Beta 0.80
Analysts n/a
Price Target 20.76 (-20.4%)
Earnings Date Feb 26, 2024

About Reece

Reece Limited engages in the distribution of plumbing, waterworks, bathroom, heating, ventilation, air-conditioning, and refrigeration products to commercial and residential customers in Australia, the United States, and New Zealand. It also distributes irrigation and pools, and kitchen products. The company serves customers in the trade, retail, commercial, and infrastructure markets. The company was formerly known as Reece Australia Limited and changed its name to Reece Limited in November 2015. Reece Limited was founded in 1919 and is based ... [Read more]

Sector Industrials
Founded 1919
Country Australia
Stock Exchange Australian Securities Exchange
Ticker Symbol REH
Full Company Profile

Financial Performance

In 2023, Reece's revenue was 8.84 billion, an increase of 15.49% compared to the previous year's 7.65 billion. Earnings were 387.61 million, a decrease of -1.24%.

Financial Statements

News

The Aussie stock picks that made this fund a top 10

Platypus Asset Management’s Prasad Patkar names Reece among the $5 billion money manager key investments calls. He’s weary of BHP’s big M&A bet and says IDP Education is ‘stand out’ value

3 days ago - The Australian Financial Review

Retiring Reece chair lists $12m family mansion in South Yarra

Melbourne-based Reece chair Tim Poole and his wife Jane have listed their South Yarra home, Atherley, after 24 years owning the Italianate mansion.

7 days ago - The Australian Financial Review

Airlie’s Emma Fisher is making her next big bets

Mineral Resources and Reece have been career-defining picks. This year, she’s sold down CBA and is going large on one of the most shorted stocks on the ASX.

7 days ago - The Australian Financial Review

Corporate Travel and Reece trip up traders in wild reporting season

They are two very different companies. But the difference between earlier remarks and their final results set the scene for massive share price swings.

2 months ago - The Australian Financial Review

Fletcher Building anoints sell-side adviser for Tradelink

Tradelink has struggled against much larger rival Reece Group in Australia.

2 months ago - The Australian Financial Review

Half Year 2024 Reece Ltd Earnings Call Transcript

Half Year 2024 Reece Ltd Earnings Call Transcript

2 months ago - GuruFocus

Noteworthy Insider Activity: Joseph Reece Invests $106K In Compass Minerals Intl Stock

Joseph Reece , Board Member at Compass Minerals Intl (NYSE: CMP), disclosed an insider purchase on January 24, based on a new SEC filing. What Happened: Reece's recent move, as outlined in a Form 4 f...

4 months ago - Benzinga