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Last $12.98 USD
Change Today -0.53 / -3.92%
Volume 36.8K
WEIGY On Other Exchanges
Symbol
Exchange
OTC US
London
OTC US
Mexico
As of 8:10 PM 07/6/15 All times are local (Market data is delayed by at least 15 minutes).

weir group plc/the -unsp adr (WEIGY) Snapshot

Open
$13.02
Previous Close
$13.51
Day High
$13.06
Day Low
$12.91
52 Week High
07/21/14 - $23.53
52 Week Low
01/14/15 - $12.11
Market Cap
5.5B
Average Volume 10 Days
13.2K
EPS TTM
--
Shares Outstanding
426.8M
EX-Date
04/29/15
P/E TM
--
Dividend
$0.44
Dividend Yield
2.61%
Current Stock Chart for WEIR GROUP PLC/THE -UNSP ADR (WEIGY)

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weir group plc/the -unsp adr (WEIGY) Details

The Weir Group PLC designs, manufactures, and supplies products and engineering services for the minerals, oil and gas, and power and industrial markets worldwide. The company operates in three segments: Minerals, Oil & Gas, and Power & Industrial. The Minerals segment designs, manufactures, and supports products for mining and minerals processing including comminution, slurry transportation and mine dewatering; sand and aggregates; and oil sands. Its products include pumps, hydrocyclones, valves, dewatering equipment, wear-resistant linings, rubber products, crushers, and screening machines. This segment offers its products under the Warman, GEHO, Linatex, Vulco, Cavex, Enduron, and Tiro brand names. The Oil & Gas segment provides products and service solutions for upstream, production, transportation, refining, and related industries. It offers upstream products, such as pressure pumping equipment and services, pressure control products, and rental services; downstream products, including pumps and spare parts for refining and petrochemical industries; engineered mechanical and rotating equipment repairs and upgrades; oilfield and drilling equipment repair and certification services; and asset management and field services. This segment sells its products and services under SPM, Seaboard, Mathena, Novatech, Mesa, Gabbioneta, and Weir Oil & Gas Services brand names. The Power & Industrial segment designs and manufactures valves, pumps, and turbines, as well as provides specialist and support services to the nuclear, conventional and renewable power generation, water and wastewater, mid and downstream oil and gas, and general industrial processes. This segment offers its products under the Hopkinsons, Atwood & Morrill, Blakeborough, Sarasin- RBSD, Sebim, Tricentric, BDK, Roto-Jet, Weir American Hydro, and Batley Valve brands. The Weir Group PLC was founded in 1871 and is based in Glasgow, United Kingdom.

16,347 Employees
Last Reported Date: 03/20/15
Founded in 1871

weir group plc/the -unsp adr (WEIGY) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: 1.4M GBP
Group Finance Director and Director
Total Annual Compensation: 776.6K GBP
Compensation as of Fiscal Year 2014.

weir group plc/the -unsp adr (WEIGY) Key Developments

Weir Group to Cut Another 125 Jobs

Slumping orders for oil and gas projects in the wake of the oil price collapse have forced the Weir Group to cut another 125 jobs. Weir has already shed 1,300 staff around the world in the 2014, but chief executive Keith Cochrane swung the axe again on April 29, 2015 in a quest for £10 million in savings. Since the start of the year, the US oil-rig count has more than halved, as explorers slashed capital spending. This sent orders in Weir's oil and gas division down 23% in the first quarter.

The Weir Group plc Announces Earnings Results for the First Quarter of 2015

The Weir Group plc announced earnings results for the first quarter of 2015. The company reported input of 9% lower than the prior year period and 10% lower than the fourth quarter of 2014, primarily driven by a significant drop in North American oil and gas activity levels. Original equipment orders were down 22% and aftermarket orders were down 2% against the prior year period. On a like for like basis3 (excluding Trio), order input was down 12%, with original equipment down 28% and aftermarket down 4%. Revenues on a constant currency basis were down in the first quarter compared to the prior year period, broadly in line with input, primarily driven by reduced North American Oil & Gas activity levels. Aftermarket revenues were slightly up on the prior year on a constant currency basis, with good growth from Minerals and Power & Industrial more than offsetting the Oil & Gas decline. Original equipment revenues were materially lower. The order book increased in the period with a positive book to bill ratio of 1.05. Group operating margins were down 400bps compared to the prior year, with the decline largely due to lower margins in Oil & Gas. As stated in February, the Group is planning for a significant reduction in constant currency revenues and lower operating margins in 2015. Net debt at 3 April 2015 was slightly higher than that reported at 2 January 2015, with improved underlying cash generation offset by the negative foreign exchange translation impact of USD denominated debt. The Group remains confident of delivering strong cash generation in 2015.

The Weir Group PLC, Q1 2015 Interim Management Statement Call, Apr 29, 2015

The Weir Group PLC, Q1 2015 Interim Management Statement Call, Apr 29, 2015

 

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WEIGY

Industry Average

Valuation WEIGY Industry Range
Price/Earnings 50.2x
Price/Sales 1.5x
Price/Book 2.4x
Price/Cash Flow 49.4x
TEV/Sales 1.5x
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