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Angling Direct Plc (GB:ANG)
LSE:ANG
UK Market

Angling Direct Plc (ANG) AI Stock Analysis

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GB

Angling Direct Plc

(LSE:ANG)

71Outperform
Angling Direct Plc's overall score is supported by solid financial performance and strategic corporate actions, such as share buybacks and board strengthening. However, technical indicators show mixed signals, and valuation metrics suggest moderate growth expectations. The absence of earnings call data means the score heavily relies on financial fundamentals and corporate strategy.

Angling Direct Plc (ANG) vs. S&P 500 (SPY)

Angling Direct Plc Business Overview & Revenue Model

Company DescriptionAngling Direct Plc (ANG) is a leading retailer of fishing tackle and equipment in the United Kingdom. The company operates both online and through a network of physical stores, catering to a wide range of angling enthusiasts. Angling Direct offers an extensive selection of products including fishing rods, reels, baits, and other related accessories, serving both amateur and professional anglers.
How the Company Makes MoneyAngling Direct Plc generates revenue primarily through the sale of fishing tackle and related equipment. The company operates a dual-channel retail strategy, with a significant presence both online and in physical stores. This allows Angling Direct to reach a broad customer base and provide a comprehensive shopping experience. Key revenue streams include direct sales from its e-commerce platform and in-store purchases. The company also benefits from exclusive product offerings and partnerships with well-known brands in the angling industry, which can enhance its product range and attract more customers. Additionally, Angling Direct engages in promotional activities and customer loyalty programs to drive sales and encourage repeat business.

Angling Direct Plc Financial Statement Overview

Summary
Angling Direct Plc exhibits a solid financial performance with strong revenue growth, efficient cash flow management, and a stable balance sheet. The company shows potential for enhancing its return on equity, but maintains low financial risk with its conservative leverage. Overall, Angling Direct Plc is in a strong financial position, driven by growth and operational efficiency.
Income Statement
82
Very Positive
Angling Direct Plc has demonstrated a consistent revenue growth over the past years, with a 10.2% increase from 2023 to 2024. The company maintains a healthy gross profit margin of 34.9% and a net profit margin of 1.5% for 2024. Despite the slight decline in EBIT margin over the years, the profitability has improved, indicating efficient cost management. The EBITDA margin of 6.3% also suggests good operating efficiency. Overall, the company shows strong revenue growth and profitability, although there is room for improvement in EBIT margin.
Balance Sheet
75
Positive
The balance sheet of Angling Direct Plc reflects a stable financial position with a debt-to-equity ratio of 0.3, indicating low leverage. The company's equity ratio stands at 64.3%, showcasing a strong reliance on equity financing. The return on equity is relatively low at 3.2%, suggesting that there is potential for improving the return on shareholders' investments. However, the low leverage reduces financial risk, contributing to overall stability.
Cash Flow
88
Very Positive
The cash flow statement reveals a significant improvement in free cash flow, with a growth rate of 569.6% from 2023 to 2024. The operating cash flow to net income ratio is strong at 5.3, indicating robust cash generation relative to net earnings. Furthermore, the free cash flow to net income ratio of 2.9 suggests efficient capital expenditure management. Angling Direct Plc's cash flow is healthy, reflecting strong operational performance and cash management.
Breakdown
TTMMar 2024Mar 2023Mar 2022Mar 2021Mar 2020
Income StatementTotal Revenue
84.15M81.66M74.10M72.47M67.58M53.18M
Gross Profit
30.12M28.50M22.30M23.69M20.45M14.69M
EBIT
1.93M1.29M787.00K3.50M1.50M-1.20M
EBITDA
3.37M5.11M4.27M6.42M4.18M732.00K
Net Income Common Stockholders
1.63M1.22M539.00K3.08M2.42M-1.31M
Balance SheetCash, Cash Equivalents and Short-Term Investments
15.77M15.77M14.13M16.60M15.00M5.98M
Total Assets
59.92M59.92M58.06M58.08M50.62M42.70M
Total Debt
11.56M11.56M11.54M11.05M10.19M10.52M
Net Debt
-4.20M-4.20M-2.58M-5.55M-4.81M4.54M
Total Liabilities
21.39M21.39M20.77M21.66M17.48M17.21M
Stockholders Equity
38.52M38.52M37.29M36.41M33.15M25.49M
Cash FlowFree Cash Flow
2.77M3.55M-757.00K3.23M5.22M-3.93M
Operating Cash Flow
5.88M6.48M1.55M4.76M6.94M-953.00K
Investing Cash Flow
-4.31M-2.93M-2.30M-1.52M-1.77M-5.45M
Financing Cash Flow
-2.04M-1.83M-1.72M-1.63M3.85M-1.16M

Angling Direct Plc Technical Analysis

Technical Analysis Sentiment
Negative
Last Price36.00
Price Trends
50DMA
38.61
Negative
100DMA
38.58
Negative
200DMA
37.53
Negative
Market Momentum
MACD
-0.59
Positive
RSI
28.56
Positive
STOCH
44.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ANG, the sentiment is Negative. The current price of 36 is below the 20-day moving average (MA) of 37.45, below the 50-day MA of 38.61, and below the 200-day MA of 37.53, indicating a bearish trend. The MACD of -0.59 indicates Positive momentum. The RSI at 28.56 is Positive, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:ANG.

Angling Direct Plc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (59)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
GBJD
77
Outperform
£3.59B11.1214.67%1.47%2.85%61.98%
76
Outperform
£283.99M6.8913.65%6.88%7.75%-21.78%
GBANG
71
Outperform
£26.97M16.594.14%―7.15%66.14%
59
Neutral
$11.74B10.16-1.06%4.15%1.27%-16.61%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:ANG
Angling Direct Plc
36.00
0.00
0.00%
GB:CARD
Card Factory
81.60
-6.98
-7.88%
GB:JD
JD Sports Fashion
73.42
-48.21
-39.64%

Angling Direct Plc Corporate Events

Stock Buyback
Angling Direct PLC Executes Share Buyback Program
Neutral
Mar 5, 2025

Angling Direct PLC announced the purchase of 80,000 of its ordinary shares at 38.25 pence each as part of its share buyback program. This move, executed through Singer Capital Markets, is aimed at consolidating its share capital and potentially enhancing shareholder value. The total number of shares with voting rights now stands at 75,984,304, which may impact shareholder calculations under FCA rules.

Stock BuybackBusiness Operations and Strategy
Angling Direct Executes Share Buyback Program
Neutral
Mar 4, 2025

Angling Direct PLC has executed a share buyback program, purchasing 100,000 of its ordinary shares at 38.5 pence each, to be held in treasury. This move is part of the company’s strategy to manage its capital structure and could potentially impact shareholder value by reducing the number of shares available in the market.

Stock Buyback
Angling Direct Initiates Share Buyback Program
Neutral
Mar 3, 2025

Angling Direct PLC announced the purchase of 100,000 of its ordinary shares at 38.5 pence each as part of its share buyback program. This move is intended to manage the company’s capital structure and potentially enhance shareholder value by holding the purchased shares in treasury, impacting the total voting rights and share capital structure.

Executive/Board ChangesBusiness Operations and Strategy
Angling Direct Strengthens Board with New Non-Executive Director Appointment
Positive
Mar 3, 2025

Angling Direct PLC has appointed Neil Williams as an Independent Non-Executive Director, enhancing its board with his extensive retail and public markets experience. This strategic move is expected to support the company’s medium-term strategy and drive its growth, leveraging Williams’ expertise from his tenure at French Connection Group.

Stock BuybackBusiness Operations and Strategy
Angling Direct Executes Share Buyback Program
Neutral
Feb 28, 2025

Angling Direct PLC has executed a share buyback program, purchasing 60,000 ordinary shares at 39 pence each, which will be held in treasury. This move, facilitated by Singer Capital Markets, aligns with the company’s strategic financial management, potentially impacting shareholder value by reducing the number of shares available in the market.

Stock BuybackBusiness Operations and Strategy
Angling Direct Executes Share Buyback Program
Positive
Feb 27, 2025

Angling Direct PLC has executed a share buyback program, purchasing 40,000 of its ordinary shares at 39 pence each, which will be held in treasury. This move is part of the company’s strategic financial management, potentially enhancing shareholder value by reducing the number of shares in circulation and signaling confidence in the company’s financial health.

Executive/Board ChangesBusiness Operations and Strategy
Angling Direct Launches New Incentive Plan Amidst Strong Growth
Positive
Feb 26, 2025

Angling Direct plc has announced the introduction of Value Creation Awards under its new Long Term Incentive Plan (LTIP) to incentivize its executive team following significant revenue growth. The awards, granted to CEO Steve Crowe and CFO Sam Copeman, are designed to align with the company’s medium-term objectives and reward management for the company’s robust performance, with vesting contingent on meeting specific performance criteria over several years.

Stock BuybackBusiness Operations and StrategyFinancial Disclosures
Angling Direct Exceeds Market Expectations with Strong FY25 Performance
Positive
Feb 26, 2025

Angling Direct PLC reported its full-year trading update for the financial year ending January 2025, with revenue and adjusted EBITDA slightly surpassing market expectations. The company achieved a total revenue growth of 11.9% to £91.3 million, driven by strong UK retail and online sales, as well as an expansion into European markets. The growth was supported by self-help initiatives, including improved product offerings and the expansion of the MyAD customer loyalty club. Despite a decrease in net cash, Angling Direct continued to invest in growth through new store openings and a share buyback program, reflecting confidence in its business model and market positioning.

Stock BuybackBusiness Operations and Strategy
Angling Direct Executes Share Buyback to Enhance Shareholder Value
Positive
Feb 21, 2025

Angling Direct PLC announced the purchase of 50,000 of its ordinary shares at 39 pence each as part of its share buyback program. This transaction, conducted through Singer Capital Markets, impacts the company’s total issued share capital and voting rights, reflecting its ongoing strategic financial maneuvers to enhance shareholder value.

Business Operations and Strategy
BGF Increases Stake in Angling Direct Plc
Neutral
Feb 7, 2025

Angling Direct Plc has experienced a change in its major holdings, as BGF Investment Management Limited, through Pershing Securities Limited, increased its stake to 15.005% from a previous holding of 14.657%. The increase in voting rights, effective as of February 6, 2025, indicates a greater influence by BGF Group in the company’s decision-making process, reflecting a potential shift in shareholder dynamics.

Stock BuybackBusiness Operations and Strategy
Angling Direct Executes Share Buyback of 100,000 Shares
Neutral
Feb 7, 2025

Angling Direct PLC announced the purchase of 100,000 of its own ordinary shares at 38 pence per share as part of a share buyback program. The purchased shares will be held in treasury, affecting the total voting rights of the company. This transaction is part of the company’s strategic financial management, potentially impacting shareholder interest calculations under FCA rules.

Stock BuybackBusiness Operations and StrategyRegulatory Filings and Compliance
Angling Direct PLC Executes Share Buyback Program
Neutral
Feb 6, 2025

Angling Direct PLC has executed a share buyback program, purchasing 40,000 ordinary shares at 38 pence per share, which will be held in treasury. This transaction, carried out in compliance with the Market Abuse Regulation, impacts the company’s total voting rights and is part of its strategic financial management, potentially influencing shareholder interests and market perceptions.

Stock BuybackBusiness Operations and Strategy
Angling Direct PLC Conducts Strategic Share Buyback
Positive
Feb 5, 2025

Angling Direct PLC announced the purchase of 30,000 of its ordinary shares at 38 pence each as part of a share buyback program initiated in December 2024. This transaction, executed through Singer Capital Markets, will see the shares held in treasury. The move consolidates Angling Direct’s position in the market by potentially increasing shareholder value and reflects the company’s strategic focus on enhancing its financial flexibility.

Stock BuybackBusiness Operations and Strategy
Angling Direct Initiates Share Buyback Program
Positive
Feb 4, 2025

Angling Direct PLC has executed a share buyback program, purchasing 60,000 of its ordinary shares at 38 pence per share, which will be held in treasury. This move is part of their strategy to manage capital effectively, possibly enhancing shareholder value and influencing the company’s share price. With a total issued share capital of 77,267,304 ordinary shares, the buyback affects the total shares carrying voting rights, now standing at 75,644,304. This action could impact stakeholders, including shareholders, by possibly increasing their ownership percentages and influencing market perceptions.

Stock BuybackBusiness Operations and Strategy
Angling Direct Executes Share Buyback Program
Neutral
Jan 28, 2025

Angling Direct PLC announced the purchase of 30,000 of its own ordinary shares at a price of 39 pence per share as part of its share buyback program, with shares being held in treasury. This transaction reflects the company’s strategic financial management and could potentially impact shareholder value by reducing the number of shares available in the market, thus possibly enhancing earnings per share.

Stock BuybackBusiness Operations and Strategy
Angling Direct PLC Executes Share Buyback Program
Positive
Jan 27, 2025

Angling Direct PLC announced the purchase of 100,000 ordinary shares at a price of 39 pence each as part of a share buyback program, holding these shares in treasury. This move reflects the company’s strategy to optimize its capital structure and could potentially impact its stock market perception by signaling confidence in its financial health.

Stock BuybackBusiness Operations and StrategyRegulatory Filings and Compliance
Angling Direct Executes Share Buyback, Purchases 60,000 Shares
Neutral
Jan 24, 2025

Angling Direct PLC announced the purchase of 60,000 of its ordinary shares at 39 pence each, as part of its share buyback program. This move, facilitated through Singer Capital Markets, aligns with the company’s strategic financial management, potentially influencing shareholder value and market confidence. With the latest purchase, Angling Direct’s treasury shares now total 1,373,000, leaving 75,894,304 shares with voting rights. This transaction is in accordance with the Market Abuse Regulation, reflecting Angling Direct’s compliance with financial regulations and its proactive approach in managing its share capital.

Stock BuybackBusiness Operations and Strategy
Angling Direct Executes Share Buyback of 20,000 Shares
Neutral
Jan 23, 2025

Angling Direct PLC announced the purchase of 20,000 ordinary shares at 39 pence each as part of its share buyback program. This transaction, executed through Singer Capital Markets, is intended to align with their strategic financial objectives, potentially impacting the company’s market position by optimizing shareholder value and adjusting the total voting rights available.

Stock BuybackBusiness Operations and Strategy
Angling Direct Executes Share Buyback Program
Neutral
Jan 22, 2025

Angling Direct PLC has executed a share buyback program, purchasing 30,000 of its ordinary shares at 39 pence each to be held in treasury. This move, as part of a previously announced initiative, adjusts the company’s total voting rights and reflects a strategic effort to manage its share capital effectively, potentially impacting shareholder interest calculations.

Stock BuybackBusiness Operations and Strategy
Angling Direct Executes Share Buyback, Reinforcing Market Position
Positive
Jan 20, 2025

Angling Direct PLC has announced the purchase of 100,000 of its own ordinary shares at a price of 38.5 pence per share, as part of its share buyback program. This move, executed through Singer Capital Markets, reflects the company’s strategy to manage its share capital effectively, potentially signaling confidence in its current market position and financial health. The total issued share capital now stands at 77,267,304 ordinary shares, with 1,263,000 held in treasury, impacting voting rights calculations for stakeholders.

Stock BuybackRegulatory Filings and Compliance
Angling Direct PLC Updates Share Buyback Details
Neutral
Jan 20, 2025

Angling Direct PLC has corrected a previously announced error regarding its total voting rights, adjusting the figure to 76,104,304 shares. As part of its share buyback program, the company purchased 30,000 ordinary shares at a price of 39 pence per share, which will be held in treasury. This action is in line with regulations and reflects the company’s strategic financial management, potentially impacting its market presence and shareholder value.

Angling Direct Initiates Share Buyback Program
Jan 17, 2025

Angling Direct PLC has announced a share buyback program, purchasing 30,000 ordinary shares at 39 pence each, aiming to hold these shares in treasury. This move is part of the company’s strategy to manage its share capital effectively, potentially enhancing shareholder value by reducing the number of shares available in the market.

Angling Direct PLC Executes Share Buyback Program
Jan 16, 2025

Angling Direct PLC has executed a share buyback program, purchasing 100,000 ordinary shares at a price of 39.25 pence each to be held in treasury. This move is part of the company’s strategic financial management, potentially impacting its share value and voting rights structure. The total issued share capital now consists of 76,134,304 ordinary shares carrying voting rights, which is a critical figure for shareholder calculations and transparency rules.

Angling Direct Executes Share Buyback Program
Jan 15, 2025

Angling Direct has executed a share buyback program as announced in December 2024, purchasing 60,000 of its ordinary shares at 39.5 pence per share. These shares will be held in treasury, impacting the total number of shares carrying voting rights, which now stands at 76,234,304. The transaction underscores the company’s financial strategies and may influence shareholder interests under FCA regulations.

Angling Direct Executes Share Buyback Program
Jan 14, 2025

Angling Direct PLC has executed a share buyback program, purchasing 40,000 ordinary shares at a price of 39.5 pence each to be held in treasury. This move aligns with the company’s strategy to manage its share capital effectively and provides shareholders with the necessary data to assess changes in their shareholding interests in compliance with FCA regulations.

Angling Direct Executes Share Buyback Plan
Jan 10, 2025

Angling Direct PLC has executed a share buyback program, purchasing 50,000 of its ordinary shares at 39.5 pence each. This transaction, facilitated by Singer Capital Markets, is part of the company’s strategic financial maneuvers aimed at managing its capital structure. The shares will be held in treasury, affecting the total voting rights, which now stand at 76,394,304. This move may impact shareholder calculations regarding their interests in the company under FCA guidelines.

Angling Direct PLC Executes Share Buyback Programme
Jan 7, 2025

Angling Direct PLC has announced the purchase of 50,000 of its ordinary shares at 39.25 pence each as part of its share buyback programme. These shares will be held in treasury, impacting the total voting rights, which now stands at 76,494,304 shares. This move is in line with market regulations and affects shareholder calculations under the FCA’s rules.

Angling Direct PLC Enhances Market Position with Share Buyback
Dec 23, 2024

Angling Direct PLC has announced the purchase of 40,000 of its ordinary shares at a price of 38.5 pence per share as part of its share buyback programme. This strategic move is aimed at consolidating its share capital and potentially enhancing shareholder value, reflecting confidence in its market position and future prospects.

Angling Direct Initiates Share Buyback Program
Dec 20, 2024

Angling Direct PLC has announced the purchase of 50,000 of its own ordinary shares at 38.5 pence per share, as part of its share buyback program. This move is part of the company’s strategy to manage its share capital and could impact shareholder value, as the total number of voting rights will adjust accordingly.

Angling Direct Executes Share Buyback Programme
Dec 17, 2024

Angling Direct PLC has executed a share buyback transaction, purchasing 50,000 of its ordinary shares at 38.5 pence each, as part of its ongoing share buyback programme. These shares are held in treasury, adjusting the company’s voting rights to 76,634,304 shares. This strategic move is likely to impact the company’s market positioning and provides stakeholders with updated information on shareholding and voting rights.

Gresham House Increases Stake in Angling Direct PLC
Dec 17, 2024

Angling Direct PLC has experienced a change in its voting rights structure, as Gresham House Asset Management Limited has increased its voting rights in the company to 26.15%, crossing the previous threshold of 25.95%. This adjustment in shareholder voting rights may affect the company’s governance dynamics and stakeholder decision-making processes.

Angling Direct PLC Initiates Share Buyback Programme
Dec 16, 2024

Angling Direct PLC has executed a share buyback program by purchasing 500,000 of its ordinary shares at 37.5 pence each through Singer Capital Markets, with the shares held in treasury. This transaction reduces the number of shares with voting rights to 76,684,304, impacting shareholder calculations regarding interest notifications under the FCA’s Disclosure Guidance and Transparency Rules.

Angling Direct PLC Executes Share Buyback of 50,000 Shares
Dec 13, 2024

Angling Direct PLC announced the purchase of 50,000 of its ordinary shares at 37.5 pence each as part of a share buyback program. The shares will be held in treasury, adjusting the total voting rights to 77,184,304 shares. This move reflects the company’s strategy to manage its share capital effectively and could impact shareholder interests and market perceptions.

Angling Direct Executes Share Buyback Program
Dec 12, 2024

Angling Direct PLC has executed a share buyback program, purchasing 33,000 ordinary shares at 38.5 pence each, which are to be held in treasury. This transaction affects the company’s total issued share capital and voting rights, influencing shareholder calculations for interest notifications according to FCA regulations.

Angling Direct Unveils Share Buyback and Growth Strategy
Dec 9, 2024

Angling Direct PLC has announced a strategic shift with a new capital allocation policy and the initiation of a share buyback program worth up to £4 million. This move underscores the company’s robust financial health and commitment to enhancing shareholder value. The focus remains on leveraging surplus liquidity for growth and strategic acquisitions, positioning Angling Direct for continued expansion in the competitive retail sector.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.