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Carr's Group PLC (GB:CARR)
LSE:CARR
UK Market

Carr's Group plc (CARR) AI Stock Analysis

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Carr's Group plc

(LSE:CARR)

Rating:58Neutral
Price Target:
153.00p
▲(1.16%Upside)
Carr's Group plc's overall stock score is primarily influenced by its financial performance challenges, which weigh heavily on the score. However, recent positive corporate events, such as the strategic transformation to a focused agriculture business and successful financial maneuvers like the tender offer, contribute positively. The technical analysis provides a neutral stance, while valuation concerns due to unprofitability lower the score.

Carr's Group plc (CARR) vs. iShares MSCI United Kingdom ETF (EWC)

Carr's Group plc Business Overview & Revenue Model

Company DescriptionCarr's Group plc engages in the agriculture and engineering businesses in the United Kingdom and internationally. The company's Agriculture segment manufactures and supplies supplementation products for livestock. It offers feed blocks under the Crystalyx, Horslyx, and SmartLic brands; boluses under the Tracesure brand; and protein products under the AminoMax brand. This segment also provides heating oil, gasoline, and diesel to agricultural, commercial, and retail customers; and offers a range of agricultural and household products and services, including farm machinery, clothing, and pet supplies through its approximately 40 retail locations. Its Engineering segment designs and manufactures process plant and equipment for the nuclear, petrochemical, naval defence, oil and gas, pharmaceutical, process, and renewable energy industries; and remote handling equipment, robotics, specialist fabrication, and precision machining. This segment also provides value added solutions to the nuclear defence, nuclear decommissioning, nuclear power generation, and other regulated markets. In addition, it engages in the financial and property holding activities. The company was formerly known as Carr's Milling Industries PLC and changed its name to Carr's Group plc in April 2015. Carr's Group plc was founded in 1831 and is based in Carlisle, the United Kingdom.
How the Company Makes MoneyCarr's Group plc generates revenue through its two primary sectors: Agriculture and Engineering. In the agriculture sector, the company earns money by manufacturing and selling animal feed and feed blocks, which are essential for livestock farming. Additionally, Carr's provides agricultural machinery and related services that cater to the needs of farmers. In the engineering sector, Carr's Group derives income by designing and manufacturing specialized equipment, particularly for the nuclear, oil and gas industries. The company also engages in long-term partnerships and contracts with key players in these sectors, ensuring a steady stream of revenue. Factors such as its strong market position, diverse product offerings, and strategic partnerships significantly contribute to its earnings.

Carr's Group plc Financial Statement Overview

Summary
Carr's Group plc faces profitability challenges with declining revenues and negative income, impacting its income statement performance. However, the company maintains a stable balance sheet with manageable debt levels and shows improvement in cash flow management. Overall, financial performance is moderate, with a need to address revenue and profit generation strategies.
Income Statement
45
Neutral
The income statement shows significant challenges with declining revenues and negative net income in the latest year, indicating profitability issues. The negative EBIT and EBITDA margins further highlight operating difficulties. Revenue has decreased sharply compared to the previous period.
Balance Sheet
65
Positive
The balance sheet reflects moderate financial stability with a reasonable debt-to-equity ratio and positive stockholders' equity. However, the total assets have decreased, which might indicate challenges in asset management or growth. Still, the company maintains a positive equity ratio, suggesting some level of financial resilience.
Cash Flow
70
Positive
The cash flow statement shows improvement in free cash flow, indicating better cash management compared to the previous year. The operating cash flow to net income ratio is positive, suggesting efficient cash conversion despite net losses. However, previous periods had negative free cash flow, indicating inconsistency in cash generation capabilities.
BreakdownSep 2024Sep 2023Sep 2022Sep 2021Sep 2020
Income Statement
Total Revenue75.70M143.21M124.24M120.32M395.63M
Gross Profit14.27M32.29M27.75M29.09M49.73M
EBITDA-4.03M6.72M12.79M12.49M18.65M
Net Income-5.72M-226.00K2.71M7.66M8.42M
Balance Sheet
Total Assets143.80M160.02M307.56M262.69M244.81M
Cash, Cash Equivalents and Short-Term Investments13.71M23.12M22.52M24.31M17.57M
Total Debt6.39M25.74M44.08M49.70M50.39M
Total Liabilities48.87M52.15M175.23M128.13M113.17M
Stockholders Equity94.93M107.88M118.13M117.40M114.83M
Cash Flow
Free Cash Flow6.25M-3.83M-5.83M16.91M10.73M
Operating Cash Flow7.44M-919.00K-1.79M20.05M17.35M
Investing Cash Flow392.00K23.18M-7.03M-3.89M-8.14M
Financing Cash Flow-10.47M-36.30M13.65M-6.47M-22.21M

Carr's Group plc Technical Analysis

Technical Analysis Sentiment
Positive
Last Price151.25
Price Trends
50DMA
144.83
Positive
100DMA
137.39
Positive
200DMA
127.70
Positive
Market Momentum
MACD
1.87
Negative
RSI
53.82
Neutral
STOCH
70.98
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:CARR, the sentiment is Positive. The current price of 151.25 is above the 20-day moving average (MA) of 147.66, above the 50-day MA of 144.83, and above the 200-day MA of 127.70, indicating a bullish trend. The MACD of 1.87 indicates Negative momentum. The RSI at 53.82 is Neutral, neither overbought nor oversold. The STOCH value of 70.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:CARR.

Carr's Group plc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
GBMPE
81
Outperform
£616.62M9.0917.13%354.26%11.71%65.23%
GBAEP
80
Outperform
£341.94M6.4912.40%324.78%-2.42%20.33%
65
Neutral
$27.34B15.12-4.22%3.16%1.01%1.94%
58
Neutral
£78.23M-6.03%233.23%
44
Neutral
£393.98K-46.96%10.90%
£580.42K0.77
GBDKL
56
Neutral
£3.37M-37.67%-23.72%23.19%
* Consumer Defensive Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:CARR
Carr's Group plc
151.25
12.69
9.16%
GB:PACS
Agriterra
0.55
-0.25
-31.25%
GB:EVST
Anglo African Agriculture
0.75
-1.25
-62.50%
GB:AEP
Anglo Eastern Plantations
842.00
240.41
39.96%
GB:DKL
Dekel Agri-Vision
0.58
-0.57
-49.57%
GB:MPE
M.P. Evans
1,180.00
356.70
43.33%

Carr's Group plc Corporate Events

Other
Carr’s Group Announces Director’s Share Sale Under Tender Offer
Neutral
Jul 8, 2025

Carr’s Group plc announced the sale of shares by Stuart Lorimer, a Non-Executive Director, under a recent tender offer. This transaction involved the sale of 1,816 ordinary shares at 163p per share, leaving Lorimer with a remaining interest in 2,184 shares, representing 0.004% of the company’s issued share capital. The announcement highlights a change in shareholding by a key managerial figure, which may influence investor perceptions and stakeholder interests.

Other
Carr’s Group Announces Share Sale by Executive Director’s Associate
Neutral
Jul 8, 2025

Carr’s Group plc announced a sale of shares by Hayley Rasmussen-Hoopes, a person closely associated with Executive Director Joshua Hoopes, under a recent tender offer. The transaction involved the sale of 12,968 ordinary shares at 163p each, reducing Joshua Hoopes’ interest to 15,598 shares, representing 0.030% of the company’s issued share capital. This transaction is part of the company’s ongoing efforts to manage its shareholding structure and may impact its market positioning and stakeholder interests.

Executive/Board Changes
Carr’s Group Announces Managerial Share Sale
Neutral
Jul 8, 2025

Carr’s Group plc announced the sale of shares by Paula Robertson, the Company Secretary, under a recent tender offer. This transaction, which involved the sale of 1,562 ordinary shares at 163p each, results in Robertson no longer holding an interest in the company’s ordinary shares. The announcement highlights a shift in managerial shareholding, which may have implications for the company’s governance and stakeholder interests.

Business Operations and Strategy
Carr’s Group PLC Announces Major Shareholding Change
Neutral
Jul 4, 2025

Carr’s Group PLC announced a significant change in its shareholder structure due to a corporate action involving a tender offer. FMR LLC, a major shareholder based in the United States, has reduced its voting rights from 18.37% to 8.26%. This shift in holdings could impact the company’s governance and decision-making processes, potentially affecting its strategic direction and stakeholder interests.

Business Operations and StrategyRegulatory Filings and Compliance
Carr’s Group PLC Announces Change in Voting Rights
Neutral
Jul 1, 2025

Carr’s Group PLC has announced a change in the breakdown of its voting rights, with Wesleyan Assurance Society now holding 3.6941% of the voting rights, totaling 1,907,539 shares. This notification reflects a significant shift in shareholder influence within the company, potentially impacting its governance and strategic decisions.

Executive/Board ChangesBusiness Operations and Strategy
Carr’s Group Appoints Josh Hoopes as New CEO
Positive
Jul 1, 2025

Carr’s Group plc has appointed Josh Hoopes as the new CEO and executive director, following David White’s departure. Hoopes, who joined the company in March 2024, previously led the transformation of the agriculture business and brings extensive experience from his tenure at Associated British Foods plc. The company is poised to capitalize on its refined strategy as a pure-play agriculture business, focusing on sustainable growth and long-term shareholder value.

Business Operations and StrategyRegulatory Filings and Compliance
Carr’s Group Sees Significant Shift in Voting Rights
Neutral
Jun 25, 2025

Carr’s Group PLC, a UK-based company, has experienced a significant change in its voting rights structure. FMR LLC, based in Boston, USA, has increased its voting rights in Carr’s Group from 10.0449% to 18.3705%, crossing the 18% threshold due to a change in the denominator. This adjustment in voting rights indicates a strengthened influence of FMR LLC in the company’s decision-making processes, potentially impacting its strategic direction and stakeholder interests.

Stock BuybackBusiness Operations and Strategy
Carr’s Group Completes £70 Million Tender Offer
Positive
Jun 20, 2025

Carr’s Group plc has announced the results of its recent Tender Offer, which concluded on 19 June 2025. The company will purchase and cancel 42,944,785 Ordinary Shares, representing approximately 45.4% of its issued share capital, at a total value of £70 million. This move will reduce the total number of voting shares to 51,638,052, impacting shareholder calculations under the FCA’s rules. The successful execution of the Tender Offer reflects Carr’s strategic financial management and may influence its market positioning by optimizing its capital structure.

Shareholder MeetingsBusiness Operations and Strategy
Carr’s Group plc Announces Successful Resolutions at General Meeting
Positive
Jun 18, 2025

Carr’s Group plc announced the successful passing of key resolutions at its General Meeting, including a Tender Offer Resolution and the approval of new articles. The resolutions received overwhelming support from shareholders, with the Tender Offer set to close on 19 June 2025. This development is expected to impact the company’s operational strategies and shareholder engagement positively.

Regulatory Filings and Compliance
Carr’s Group Updates Share Capital and Voting Rights
Neutral
Jun 17, 2025

Carr’s Group plc has announced that its issued share capital now consists of 94,582,837 ordinary shares, each carrying one vote in general meetings. This update is in line with the Financial Conduct Authority’s Disclosure and Transparency Rule 5.6.1, and shareholders can use this figure to assess their interests in the company. This announcement ensures transparency and compliance with regulatory requirements, potentially impacting shareholder engagement and interest calculations.

Regulatory Filings and Compliance
Carr’s Group Updates Share Capital and Voting Rights
Neutral
May 30, 2025

Carr’s Group plc announced that its issued share capital consists of 94,581,523 ordinary shares, each carrying one voting right, with none held in treasury. This update is crucial for shareholders as it affects their calculations for notifying changes in their interest under the FCA’s Disclosure and Transparency Rules.

M&A TransactionsShareholder MeetingsStock Buyback
Carr’s Group Proposes £70 Million Shareholder Return via Tender Offer
Positive
May 21, 2025

Carr’s Group plc has announced a proposed tender offer to return up to £70 million to shareholders following the sale of its Engineering Division. The tender offer, which represents approximately 45.4% of the company’s issued ordinary share capital, will allow qualifying shareholders to tender their shares at a premium price of 163 pence per share. The offer is conditional on shareholder approval at a general meeting and aims to enhance earnings per share by reducing the number of shares in issue. Additionally, the company plans to adopt new articles of association, allowing directors to change the company’s name by board resolution.

Regulatory Filings and Compliance
Carr’s Group Updates Share Capital and Voting Rights
Neutral
May 19, 2025

Carr’s Group plc has announced that its issued share capital consists of 94,532,112 ordinary shares, each carrying one vote at general meetings. This update is in line with the Financial Conduct Authority’s Disclosure and Transparency Rule, providing shareholders with the necessary information for compliance with voting rights regulations.

Business Operations and Strategy
Carr’s Group Announces Long Term Incentive Plan Awards
Neutral
May 9, 2025

Carr’s Group plc has announced the awarding of options under its Long Term Incentive Plan 2023 to certain key personnel, including Company Secretary Paula Robertson, for 28,488 ordinary shares. These options are subject to performance targets based on the company’s adjusted Earnings Per Share and Return on Capital Employed over a three-year period, with vesting contingent on achieving specific growth metrics. This move is part of Carr’s strategy to align management incentives with company performance, potentially impacting its operational focus and stakeholder interests.

Executive/Board ChangesM&A TransactionsStock BuybackBusiness Operations and StrategyFinancial Disclosures
Carr’s Group Reports Strong Interim Results Amid Strategic Transformation
Positive
May 7, 2025

Carr’s Group plc has reported strong interim results for the first half of 2025, highlighting a significant transformation towards becoming a pure-play specialist agriculture company. The company achieved a 7% increase in revenue and a 62.6% rise in operating profit from continuing operations, driven by strategic initiatives such as the sale of its Engineering Division and a focus on agriculture. The transformation includes cost reductions, the sale of non-core assets, and a strategic focus on expanding its agriculture division. The company plans to return up to £70 million to shareholders and sees a leadership change with the appointment of Josh Hoopes as the new CEO. Despite challenges in the US market, Carr’s aims to enhance market share and margins through disciplined execution.

Regulatory Filings and Compliance
Carr’s Group Updates Share Capital and Voting Rights
Neutral
Apr 29, 2025

Carr’s Group plc has announced that its issued share capital now consists of 94,446,555 ordinary shares, each carrying one vote at general meetings. This update is significant for shareholders as it affects the calculations for notifying changes in their interests under the Financial Conduct Authority’s Disclosure and Transparency Rules.

M&A TransactionsBusiness Operations and Strategy
Carr’s Group Completes Sale of Engineering Division to Focus on Agriculture
Positive
Apr 22, 2025

Carr’s Group plc has completed the sale of its Engineering Division to Cadre Holdings, Inc. for £75 million, marking a significant step in its strategic shift towards becoming a focused agriculture business. The proceeds from the sale will be used to return up to £70 million to shareholders and fund strategic growth in agriculture. This transition is expected to enhance the company’s financial and operational efficiencies, with a new leadership team in place to drive the Agriculture Strategy, which includes improving operating margins, delivering profitable growth, and expanding into new markets.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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.Date of analysis: Jul 01, 2025