How to buy Lynch Saleco (LGL) shares
Learn how to easily invest in Lynch Saleco shares.
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Lynch Saleco is a farm products business based in Australia. Lynch Saleco shares (LGL) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Lynch Saleco has a trailing 12-month revenue of around $333.4 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Lynch Saleco
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Lynch Saleco. Find the share by name or ticker symbol: LGL. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Lynch Saleco reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check on your investment. Congratulations, you own a part of Lynch Saleco. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.
Lynch Saleco stock price (ASX:LGL)Use our graph to track the performance of LGL stocks over time.
Lynch Saleco shares at a glance
|52-week range||$1.96 - $3.872|
|50-day moving average||$2.2656|
|200-day moving average||$2.985|
|Dividend yield||$0.06 (5.58%)|
|Earnings per share (TTM)||$0.254|
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Is it a good time to buy Lynch Saleco stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Lynch Saleco price performance over time
|1 week (2022-06-17)||-2.33%|
|1 month (2022-05-25)||-4.98%|
|3 months (2022-03-25)||-15.66%|
Is Lynch Saleco under- or over-valued?
Valuing Lynch Saleco stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Lynch Saleco's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Lynch Saleco's P/E ratio
Lynch Saleco's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, Lynch Saleco shares trade at around 8x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Lynch Saleco's EBITDA
Lynch Saleco's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $35.4 million (£0.0 million).
The EBITDA is a measure of a Lynch Saleco's overall financial performance and is widely used to measure a its profitability.
Lynch Saleco financials
|Revenue TTM||$333.4 million|
|Operating margin TTM||7.1%|
|Gross profit TTM||$143.7 million|
|Return on assets TTM||4.7%|
|Return on equity TTM||16.93%|
|Market capitalisation||$258.7 million|
TTM: trailing 12 months
Lynch Saleco share dividends
Dividend payout ratio: 27.27% of net profits
Recently Lynch Saleco has paid out, on average, around 27.27% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.58% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Lynch Saleco shareholders could enjoy a 5.58% return on their shares, in the form of dividend payments. In Lynch Saleco's case, that would currently equate to about A$0.06 per share.
While Lynch Saleco's payout ratio might seem fairly standard, it's worth remembering that Lynch Saleco may be investing much of the rest of its net profits in future growth.
The latest dividend was paid out to all shareholders who bought their shares by 8 March 2022 (the "ex-dividend date").
Lynch Saleco overview
Lynch Group Holdings Limited operates as a grower, wholesaler, retailer, and importer of flowers and potted plants in Australia and China. The company's product portfolio includes gerberas, geraldton wax, phalaenopsis orchids, potted color products, and other wildflowers. It also exports its products. The company sells its products through florists, online marketplaces, supermarkets, and independent retailers. Lynch Group Holdings Limited was founded in 1915 and is headquartered in Moorebank, Australia.
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