3 FTSE 100 Shares Trading Near 52-Week Highs: BT Group plc, Marks and Spencer Group Plc and Wolseley plc

BT Group plc (LON:BT.A), Marks and Spencer Group Plc (LON:MKS) and Wolseley plc (LON:WOS) are all trading within 4% of a twelve-month high

| 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.

BT Group

BT Group (LSE: BT-A)(NYSE: BT.US) shares are up almost 50% so far in 2013. The shares today are trading at a five-year high.

2013 sees BT take its first serious steps to competing with rival Sky. BT has invested heavily in its TV offering BT Sport, securing broadcasting rights to a significant chunk of the Premier League fixture list. BT Sport has made a good start. If this start can be maintained, more investors will start to believe that BT can successfully add subscription TV to its operations.

There may be another reason for BT’s strong share price. For years, the valuation has been held back by a large pension fund deficit. However, market conditions mean that this deficit has recently narrowed dramatically.

The shares trade on 13.4 times forecast earnings for the year.

Marks and Spencer

Shares in retailer Marks and Spencer (LSE: MKS) are up 30% so far in 2013. All of that rise has been delivered in the last six months. Like BT, the shares are now at a five-year high.

The share price graph suggests that the market has taken inspiration from M&S’s recent Q1 trading figures. M&S reported a decent sales increase and fast growth online.

The current valuation suggests that the market is now giving M&S the benefit of the doubt. Consensus estimates are for M&S to deliver EPS (earnings per share) for the year of 33.2p, rising to 37.3p next year. That puts the shares on a 2014 P/E of 15.


The majority of Wolseley (LSE: WOS)’s sales come from the US. As growth there picks up, Wolseley shares have rallied. In the last year, the shares are up almost 30% and today stand within a whisker of a five-year high.

The recent Q3 results showed an 8% increase in American sales. This flowed through to an overall 2.4% sales increase across the group. The result was an impressive 8% growth in trading profit.

Analysts expect a 12.3% EPS increase from Wolseley this year, followed by a 16.8% increase in 2014. The shares trade today on a P/E for this year of 19.1, falling to 16.3 for the year after. The dividend payout is expected to increase sharply, pushing the yield for 2014 to 2.3%.

If you are looking for a better yield, then check out the share that our analysts have found in their report “The Motley Fool’s Top Income Share Today”. You can get this report totally free by simply clicking here now.

> David does not own shares in any of the companies mentioned.

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

Abstract bull climbing indicators on stock chart
Investing Articles

2 FTSE 100 stocks I’d buy as the blue-chip index hits record highs

This Fool takes a look at a pair of quality FTSE 100 stocks that appear well-positioned for future gains, despite…

Read more »

Satellite on planet background
Small-Cap Shares

Here’s why AIM stock Filtronic is up 44% today

The share price of AIM stock Filtronic has surged on the back of some big news in relation to its…

Read more »

Bus waiting in front of the London Stock Exchange on a sunny day.
Investing Articles

At a record high, there can still be bargain FTSE 100 shares to buy!

The FTSE 100 closed at a new all-time high this week. Our writer explains why there might still be bargain…

Read more »

Asian man looking concerned while studying paperwork at his desk in an office
Investing Articles

After profits plunge 28%, should investors consider buying Lloyds shares?

Lloyds has seen its shares wobble following the release of its latest results. But is this a chance for investors…

Read more »

Abstract bull climbing indicators on stock chart
Investing Articles

Something’s changed in a good way for Reckitt in Q1, and the share price may be about to take off

With the Reckitt share price near 4,475p, is this a no-brainer stock? This long-time Fool takes a closer look at…

Read more »

Investor looking at stock graph on a tablet with their finger hovering over the Buy button
Investing Articles

This new boost in assets might just get the abrdn share price moving again

The abrdn share price has lost half its value in the past five years. But with investor confidence returning, are…

Read more »

Young Black man sat in front of laptop while wearing headphones
Investing Articles

As revenues rise 8%, is the Croda International share price set to bounce back?

The latest update from Croda International indicates that sales are starting to recover from the end of 2023, so is…

Read more »

Happy young female stock-picker in a cafe
Investing Articles

Q1 results boost the Bunzl share price: investors should consider the stock for stability

As the Bunzl share price edges higher, our writer considers whether this so-called boring FTSE 100 stock looks like a…

Read more »