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Pin to quick picksEckoh Technologies Share News (ECK)

Share Price Information for Eckoh Technologies (ECK)

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Share Price: 42.00
Bid: 41.00
Ask: 43.00
Change: 0.00 (0.00%)
Spread: 2.00 (4.878%)
Open: 42.00
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Low: 42.00
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Tuesday tips round-up: Mitie, FirstGroup, Eckoh

Tue, 14th Aug 2012 07:02

After 25 consecutive years of growth outsourcing firm Mitie is highly valued but some in the City are wondering if the price has got ahead of itself, notes Tempus in The Times.Monday's trading statement indicates that all remains well. Mitie concedes that the world is in a difficult place, but reports that the number of companies and public authorities looking at outsourcing plans and energy saving schemes is strong and sustainable. Broker Investec is happy to put Mitie on a forward multiple of 13 times earnings, meaning a target price for the stock of 310p a share, up from 295p. Late last year Tempus was wary of Mitie's rating of trading at 11 times next year's earnings. Holders of the stock should be happy to remain so, but we see no reason to change our caution.The Lex column in the Financial Times has noted that shares in FirstGroup have been going like a train recently - the shares are up by more than a third in the last two months - and deduced that the market thinks the bus and train group is the favourite to win the West Coast rail franchise.Success would improve the company's finances, at least in the short term, Lex says. Its net debt of £1.8bn at the end of March was a chunky 2.5 times its earnings before interest, tax depreciation and amortisation. If FirstGroup can tread the line between austerity-hit customers and truculent unions, it should be able to squeeze out better returns. It will need to justify the price, and investors will be watching closely - FirstGroup's shares have lagged behind Stagecoach and Go-Ahead over one, three and five years, Lex observes. As passengers might say, better late than never.Winning contracts is turning out to be child's play for Eckoh. The speech recognition and associated payment solutions provider will announce this morning that it has bagged a significant deal with Kiddicare, the online baby products company owned by Wm Morrison, to provide secure card payment services over the phone. Echoes of its troubled past - the company was at the centre of a TV phone-in scandal in 2007 - have subsided and the business, which has achieved double-digit revenue growth in the past four years, appears to be on track to hit that mark again. The glut of deals will also add some excitement ahead of its annual meeting on Wednesday. The shares have almost doubled since the start of 2011, notes Tempus, but still do not look pricey when cash on its balance sheet is accounted for. Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.JH
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11 Jun 2024 14:38

Eckoh proposes higher payout despite profit fall; confident in outlook

(Alliance News) - Eckoh PLC on Tuesday said it was confident of progress in the year ahead as it proposed a higher dividend despite a profit decline.

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4 Jun 2024 14:27

UK earnings, trading statements calendar - next 7 days

Wednesday 5 June 
B&M European Value Retail SAFull Year Results
discoverIE Group PLCFull Year Results
Ninety One PLC and LtdFull Year Results
Paragon Banking Group PLCHalf Year Results
Ramsdens Holdings PLCHalf Year Results
WH Smith PLC Trading Statement
Vp PLCFull Year Results
Workspace Group PLCFull Year Results
Thursday 6 June 
Mitie Group PLCFull Year Results
Schroder Real Estate Investment Trust LtdFull Year Results
Seraphim Space Investment Trust PLCQ3 Results
Friday 7 June 
Ondine Biomedical IncFull Year Results
Monday 10 June 
no events scheduled 
Tuesday 11 June 
Bellway PLCTrading Statement
Eckoh PLCFull Year Results
FirstGroup PLCFull Year Results
GB Group PLCFull Year Results
Idox PLCHalf Year Results
Iomart Group PLCFull Year Results
Lindsell Train Investment Trust PLCFull Year Results
Oxford Instruments PLCFull Year Results
Oxford Metrics PLCHalf Year Results
  
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A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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9 May 2024 21:59

TRADING UPDATES: Light Science inks South Africa distribution deal

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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9 May 2024 10:15

Eckoh FY adjusted operating profits 'marginally ahead' of expectations

(Sharecast News) - Data security solutions business Eckoh said on Thursday that adjusted operating profits were "marginally ahead of market expectations" in the year ended 31 March despite seeing full-year revenues decrease.

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17 Apr 2024 11:39

Eckoh expands Secure Voice Cloud platform to seven new regions

(Alliance News) - Eckoh PLC announced on Wednesday that it has expanded its global Secure Voice Cloud platform footprint, enhancing its availability and geographic reach for its customers.

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17 Apr 2024 11:05

Eckoh expanding availability of voice cloud platform

(Sharecast News) - Eckoh announced on Wednesday that it has augmented its global secure voice cloud platform, enhancing its availability and geographic coverage.

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12 Mar 2024 17:04

IN BRIEF: Eckoh inks partnership with RingCentral in US

Eckoh PLC - Abingdon, England-based supplier of technology and services to the education sector - Inks partnership with RingCentral Inc, a "leading provider of AI-first global enterprise cloud communications, video, webinars, hybrid events, and contact centre solutions." Eckoh will provide RingCentral's contact centre security requirements in the US.

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12 Mar 2024 16:06

Eckoh enters partnership with RingCentral

(Sharecast News) - Customer engagement data security specialist Eckoh announced a strategic partnership with RingCentral, a provider of AI-driven enterprise cloud communications and contact centre solutions, on Tuesday.

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6 Feb 2024 10:37

Eckoh signs record GBP45 million in new deals and contract renewals

(Alliance News) - Eckoh PLC on Tuesday said it has inked a record amount in contracted business in the year-to-date.

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21 Nov 2023 15:52

Eckoh first half profit down, on-track to meet full-year expectations

(Alliance News) - Eckoh PLC on Tuesday said profit was down in the first half, tracking falling revenue and rising expenses, although it maintained it was still on track to meet expectations for the full-year

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14 Nov 2023 15:48

UK earnings, trading statements calendar - next 7 days

Wednesday 15 November 
CLS Holdings PLCTrading Statement
Diversified Energy Co PLCTrading Statement
Experian PLCHalf Year Results
Fuller, Smith & Turner PLCHalf Year Results
Genuit Group PLCTrading Statement
Intermediate Capital Group PLCHalf Year Results
Ninety One PLC and LtdHalf Year Results
Renold PLCHalf Year Results
SSE PLCHalf Year Results
Synthomer PLCTrading Statement
Tracsis PLCFull Year Results
Tullow Oil PLCTrading Statement
Warehouse REIT PLCHalf Year Results
Thursday 16 November 
Assura PLCHalf Year Results
Atalaya Mining PLCQ3 Results
Aviva PLCTrading Statement
Burberry Group PLCHalf Year Results
Close Brothers Group PLCTrading Statement
CMC Markets PLCHalf Year Results
Crest Nicholson Holdings PLCTrading Statement
Halma PLCHalf Year Results
Great Portland Estates PLCHalf Year Results
Kier Group PLCTrading Statement
International Distributions Services PLCHalf Year Results
Investec PLC and LtdHalf Year Results
Liontrust Asset Management PLCHalf Year Results
Manolete Partners PLCHalf Year Results
Melrose Industries PLCTrading Statement
Norcros PLCHalf Year Results
Premier Foods PLCHalf Year Results
Qinetiq Group PLCHalf Year Results
Spirax-Sarco Engineering PLCTrading Statement
Syncona LtdHalf Year Results
Tatton Asset Management PLCHalf Year Results
Tyman PLCTrading Statement
United Utlities Group PLCHalf Year Results
Young & Co's Brewery PLCHalf Year Results
Friday 17 November 
Record PLCHalf Year Results
Monday 20 November 
Big Yellow Group PLCHalf Year Results
Compass Group PLCFull Year Results
Diploma PLCFull Year Results
Polar Capital Holdings PLCHalf Year Results
Seraphim Space Investment Trust PLCQ1 Results
Sirius Real Estate LtdHalf Year Results
SRT Marine Systems PLCHalf Year Results
Tuesday 21 November 
Accsys Technologies PLCHalf Year Results
AO World PLCHalf Year Results
Avon Protection PLCFull Year Results
Caledonia Investments PLCHalf Year Results
Caledonian Trust PLCHalf Year Results
Calnex Solutions PLCHalf Year Results
Cranswick PLCHalf Year Results
CRH PLCTrading Statement
Eckoh PLCHalf Year Results
Nostrum Oil & Gas PLCHalf Year Results
Petershill Partners PLCTrading Statement
Schroder Global Real Estate SecuritiesHalf Year Results
Schroder Real Estate Investment Trust LtdHalf Year Results
Severfield PLCHalf Year Results
Telecom Plus PLCHalf Year Results
Trifast PLCHalf Year Results
Workspace Group PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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1 Nov 2023 13:23

Eckoh revenue falls even as total contract value expands

(Sharecast News) - Customer engagement data security specialist Eckoh said in an update on Wednesday that it achieved a total contract value (TCV) of £24.6m in its first half, marking a substantial 40% increase compared to the prior year's first-half figure of £17.6m.

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1 Nov 2023 10:57

IN BROEF: Eckoh expects to meet full year profit expectations

Eckoh PLC - Abingdon, England-based supplier of technology and services to the education sector - Says trading for the six months to September 30 is in line with expectations. Expects to report revenue for the half year of around GBP18.8 million, down by 4.1% from GBP19.6 million. Recurring revenue has grown to 83% from 79% in the corresponding period a year ago. Expects adjusted operating profit of around GBP4.1 million, up 17% fromGBP3.5 million a year prior. Adds newly contracted business and renewals at a record high of GBP24.6 million, up 40% from GBP17.6 million a year ago. Says this was driven by "strong multi-year renewals and successful cross-selling and up-selling" of its new products. Looking ahead, it says it is "very encouraged" by "record level" of business in the half year, and is confident that total contract value growth will continue into the second half. It is confident it will meet its full year profit expectations for the year ending March 31.

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17 Oct 2023 13:40

IN BRIEF: Eckoh launches updated payments platform for contact centres

Eckoh PLC - Abingdon, England-based supplier of technology and services to the education sector - Launches updated secure payments platform. Says it enhances digital payment for contact centres, enabling them to "better serve customer needs, increase payment volumes and utilise more effective security methods." Chief Executive Officer Nik Philpot says: "Eckoh is already trusted by some of the largest global brands to ensure customer data and payments security. Our digital payments platform paves the way for further innovations to empower contact centres to meet the evolving needs of consumers, securely. We are well-placed to capitalise on these favourable industry trends going forward."

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6 Sep 2023 15:46

UK shareholder meetings calendar - next 7 days

Thursday 7 September 
Alpha Real Trust LtdAGM
Baillie Gifford UK Growth Trust PLCAGM
Chariot LtdAGM
Chaarat Gold Holdings LtdGM re sale of Chaarat Kapan
Currys PLCAGM
De La Rue PLCAGM
ECO Animal Health Group PLCAGM
Jet2 PLCAGM
LXI REIT PLCAGM
Monks Investment Trust PLCAGM
Montanaro European Smaller Cos Trust PLCAGM
Mulberry Group PLCAGM
PayPoint PLCAGM
Picton Property Income LtdAGM
Polar Capital Technology Trust PLCAGM
Powerhouse Energy Group PLCAGM
Semper Fortis Esports PLCAGM
Sivota PLCGM re directors' remuneration policy
Speedy Hire PLCAGM
Wise PLCAGM
XPS Pensions Group PLCAGM
Friday 8 September 
Berkeley Group Holdings PLCAGM
Byotrol PLCAGM
Gear4Music PLCAGM
JLEN Environmental Assets Group LtdAGM
Kenmare Resources PLCEGM re proposed tender offer
Mid Wynd International Investment Trust PLCAGM
SVM UK Emerging Fund PLCAGM
Monday 11 September 
SDCL Energy Efficiency Income Trust PLCAGM
Tuesday 12 September 
DWF Group PLCGM re cash acquisition by Aquila Bidco Ltd
Northern Bear PLCAGM
RC365 Holding PLCAGM
Rockwood Strategic PLCAGM
Sure Ventures PLCAGM
Warehouse REIT PLCAGM
Wednesday 13 September 
BH Macro LtdAGM
Castelnau Group LtdAGM
Creightons PLCAGM
Eckoh PLCAGM
Glantus Holdings PLCEGM re takeover by Basware
Hornby PLCAGM
Marlowe PLCAGM
Worsley Investors LtdAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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