3 FTSE Shares Hitting New Highs: Jardine Lloyd Thompson Group plc, Betfair Group Ltd and Supergroup PLC

Jardine Lloyd Thompson Group plc (LON: JLT), Betfair Group Ltd (LON: BET) and Supergroup PLC (LON: SGP) are on the up.

| More on:

The content of this article was relevant at the time of publishing. Circumstances change continuously and caution should therefore be exercised when relying upon any content contained within this article.

When investing, your capital is at risk. The value of your investments can go down as well as up and you may get back less than you put in.

Read More

The content of this article is provided for information purposes only and is not intended to be, nor does it constitute, any form of personal advice. Investments in a currency other than sterling are exposed to currency exchange risk. Currency exchange rates are constantly changing, which may affect the value of the investment in sterling terms. You could lose money in sterling even if the stock price rises in the currency of origin. Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, and may have other tax implications, and may not provide the same, or any, regulatory protection as in the UK.

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More.

The chances of the  FTSE 100 (FTSEINDICES: ^FTSE) breaking the 13-year record it set in May any time soon are looking slimmer, as the top UK index continues today in its gloomy mood — by early afternoon it’s down a further 36 points to 6,429. The mining sector has fallen back a little today, with Glencore Xstrata reporting disappointing figures, and there is still nervousness ahead of the next utterances from the US Federal Reserve.

Still, at least we have some individual shares setting new records. Here are three from the various FTSE indices that are soaring:

Jardine Lloyd Thompson

With the insurance sector strengthening, shares in Jardine Lloyd Thompson Group (LSE: JLT) reached a 52-week closing high of 923p yesterday, though they have fallen back today to 908p. But that’s still a gain of about 17% over the past 12 months, comfortably beating the FTSE.

It comes after years of rising earnings per share (EPS) and dividends, and we have a further EPS rise of 7% forecast for the year to December. That puts the shares on a forward P/E of 17, suggesting they’re priced for further growth. Dividends should yield around 3%.

Betfair Group

Betfair Group (LSE: BET) shares reached a 52-week high of 993p today, after gaining nearly 35% over the past 12 months — the price has lost a few pennies to 989p at the time of writing. The year just finished resulted in a 27% fall in pre-tax profit and a drop of 31% in EPS, but the firm said it had made “excellent progress […] in the delivery of our turnaround plan” and told us it would make around £30m of further cost savings in the year to April 2014.

The City seems to be convinced, with analysts predicting a 50% rise in EPS for this year and a modest dividend of a little under 2%. But we’ll need a few more similar years to justify the current forward P/E of 21.

Supergroup

Supergroup (LSE: SGP), the owner of the Superdry fashion brand, hit a closing high of 1,187p yesterday, taking its share price up more than 150% over the past 12 months — and it’s up 80% just since early June. The year to April brought a welcome 26% rise in EPS after two years of falls, and analysts are predicting two more years of profit growth.

Again we see a growth share on a relatively high forward P/E, also of 21, falling to 19 on 2015 predictions — and two years is a very long time in the fashion business. The year to April 2014 should finally bring a dividend, albeit a small one with a 0.3% forecast yield.

Finally, if you’re looking for high-performing top-drawer shares that should take you all the way to a comfortable retirement, I recommend the Fool’s special new report detailing five blue-chip shares. They’ll be familiar names to many, and they’ve already provided investors with decades of profits.

But you can only get the report for a limited period, so click here to get your hands on these great ideas — they could set you on the road to long-term riches.

> Alan does not own any shares mentioned in this article.

Should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice.

More on Investing Articles

Businessman use electronic pen writing rising colorful graph from 2023 to 2024 year of business planning and stock investment growth concept.
Investing Articles

Could the FTSE 100 be set to soar in 2024?

The FTSE 100 keeps threatening to go off on a growth spree. And weak sentiment keeps holding it back. But…

Read more »

Investing Articles

Is this FTSE 100 stalwart the perfect buy for my Stocks and Shares ISA?

As Shell considers leaving London for a New York listing. Stephen Wright wonders whether there’s an undervalued opportunity for his…

Read more »

Mature Caucasian woman sat at a table with coffee and laptop while making notes on paper
Investing Articles

3 things I’d do now to start buying shares

Christopher Ruane explains three steps he'd take to start buying shares for the very first time, if he'd never invested…

Read more »

Investing Articles

Investing £300 a month in FTSE shares could bag me £1,046 monthly passive income

Sumayya Mansoor explains how she’s looking to create an additional income stream through dividend-paying FTSE stocks to build wealth.

Read more »

Investing Articles

£10K to invest? Here’s how I’d turn that into £4,404 annual passive income

This Fool explains how using a £10K lump sum can turn into a passive income stream worth thousands for her…

Read more »

Investing Articles

1 magnificent FTSE 100 stock investors should consider buying

This Fool explains why this FTSE 100 stock is one for investors to seriously consider with its amazing brand power…

Read more »

Rainbow foil balloon of the number two on pink background
Investing For Beginners

2 under-the-radar FTSE 100 stocks under £2

Jon Smith identifies two FTSE 100 stocks that he believes are getting a lack of attention from some investors but…

Read more »

Investing Articles

£8,000 in savings? I’d use it as a start to aim for £30k a year in passive income

Here's how regular investing in the UK stock market, over the long term, could help us build up some nice…

Read more »