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IMI plc (GB:IMI)
:IMI

IMI plc (IMI) AI Stock Analysis

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GB

IMI plc

(LSE:IMI)

74Outperform
IMI plc's stock performance is bolstered by solid financial metrics and a proactive share buyback strategy, indicating strong confidence in future prospects. However, technical indicators suggest caution due to current downward momentum. The valuation appears slightly elevated, which may limit immediate upside potential.
Positive Factors
Financial Performance
Management has announced a £200m share buyback on the back of expected good cash generation.
Growth and Expansion
IMI has acquired TWTG Group, a business that specialises in smart metered asset monitoring solution.
Operational Recovery
The company has returned to normal operations after a recent cyber-security incident.
Negative Factors
Cyber-Security Incident
There will likely be a £20-25m exceptional charge relating to the recent cyber-security incident.
Unexpected Costs
IMI is facing an exceptional charge due to the recent cyber-security incident.

IMI plc (IMI) vs. S&P 500 (SPY)

IMI plc Business Overview & Revenue Model

Company DescriptionIMI plc is a global engineering company that operates in the industrial manufacturing sector. The company specializes in the design, manufacture, and service of highly engineered products that control the precise movement of fluids. IMI serves diverse markets, including energy, transportation, and industrial automation, with a focus on delivering innovative solutions that enhance safety, efficiency, and sustainability.
How the Company Makes MoneyIMI plc generates revenue through the sale of its engineered products and solutions, which are primarily used in fluid control applications. The company's key revenue streams include the sale of valves and actuators, control systems, and related services. IMI's earnings are bolstered by its strong relationships with customers across various industries, including oil and gas, power generation, and automotive. Additionally, the company benefits from strategic partnerships and a global distribution network that helps it reach a wide range of clients. IMI also invests in research and development to innovate and expand its product offerings, thereby maintaining a competitive edge in the market.

IMI plc Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
2.21B2.20B2.05B1.87B1.82B1.87B
Gross Profit
1.00B1.01B900.40M836.20M790.50M793.80M
EBIT
386.10M318.60M339.20M299.10M263.90M243.20M
EBITDA
473.00M457.60M431.40M358.60M340.20M316.80M
Net Income Common Stockholders
253.30M237.30M226.30M196.30M170.20M156.10M
Balance SheetCash, Cash Equivalents and Short-Term Investments
108.20M108.20M135.00M97.50M211.00M91.80M
Total Assets
2.47B2.47B2.52B2.17B1.98B1.85B
Total Debt
745.10M745.10M945.00M717.40M524.10M526.00M
Net Debt
638.60M638.60M812.00M622.80M316.20M437.80M
Total Liabilities
1.44B1.44B1.61B1.39B1.18B1.14B
Stockholders Equity
1.03B1.03B905.60M779.10M799.50M709.90M
Cash FlowFree Cash Flow
260.90M283.30M193.20M199.60M267.30M234.10M
Operating Cash Flow
345.90M363.20M264.50M257.10M318.00M299.90M
Investing Cash Flow
-62.60M-69.10M-278.00M-234.40M-73.00M-110.00M
Financing Cash Flow
-239.00M-276.40M24.50M-109.40M-146.60M-209.40M

IMI plc Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1686.00
Price Trends
50DMA
1927.03
Negative
100DMA
1866.04
Negative
200DMA
1817.71
Negative
Market Momentum
MACD
-11.25
Positive
RSI
40.58
Neutral
STOCH
9.96
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:IMI, the sentiment is Negative. The current price of 1686 is below the 20-day moving average (MA) of 1919.73, below the 50-day MA of 1927.03, and below the 200-day MA of 1817.71, indicating a bearish trend. The MACD of -11.25 indicates Positive momentum. The RSI at 40.58 is Neutral, neither overbought nor oversold. The STOCH value of 9.96 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:IMI.

IMI plc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (62)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
75
Outperform
£6.00B19.9913.99%2.46%6.10%33.05%
GBIMI
74
Outperform
£4.28B17.5623.50%1.73%0.64%4.92%
GBRAT
70
Outperform
£1.54B23.194.83%3.69%49.59%18.13%
69
Neutral
£5.29B16.9417.83%1.88%-4.95%36.95%
66
Neutral
£4.99B38.5614.50%1.59%13.59%6.14%
GBSPX
66
Neutral
£4.26B22.2816.16%2.79%-1.03%4.13%
62
Neutral
$7.25B12.393.08%3.39%3.63%-14.32%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:IMI
IMI plc
1,686.00
-75.95
-4.31%
GB:SMIN
Smiths Group plc
1,779.00
222.65
14.31%
GB:DPLM
Diploma
3,720.00
110.51
3.06%
GB:RAT
Rathbones Group PLC
1,464.00
-42.88
-2.85%
GB:SPX
Spirax Sarco Engineering
5,780.00
-3,648.04
-38.69%
GB:WEIR
Weir Group plc (The)
2,052.00
59.69
3.00%

IMI plc Corporate Events

Regulatory Filings and Compliance
IMI plc Announces Current Share Capital and Voting Rights
Neutral
Apr 1, 2025

IMI plc has announced its current issued share capital consists of 267,846,793 ordinary shares, with 12,648,836 held in Treasury, resulting in 255,197,957 total voting rights. This information is crucial for shareholders to determine their notification requirements under the FCA’s Disclosure and Transparency Rules, impacting how they manage their interests in the company.

Stock BuybackBusiness Operations and Strategy
IMI plc Announces Share Repurchase and Cancellation
Neutral
Mar 31, 2025

IMI plc, a company involved in the engineering sector, announced the repurchase and cancellation of 125,000 of its ordinary shares at an average price of 1886.1842 pence per share. This transaction, executed through Numis Securities Limited, reduces the total number of shares in issue to 267,471,793, with 12,648,836 shares held in treasury, impacting the total voting rights to 254,822,957. The repurchase is part of IMI’s ongoing strategy to manage its capital structure and enhance shareholder value.

Stock Buyback
IMI plc Executes Share Buyback to Enhance Shareholder Value
Positive
Mar 31, 2025

IMI plc announced the repurchase of 125,000 of its ordinary shares for cancellation at an average price of 1915.928 pence per share. This transaction reduces the total number of ordinary shares in issue to 267,596,793 and the total number of voting rights to 254,947,957, potentially enhancing shareholder value by decreasing the number of shares outstanding.

Shareholder MeetingsFinancial DisclosuresRegulatory Filings and Compliance
IMI plc Releases 2024 Annual Report and Announces 2025 AGM
Neutral
Mar 28, 2025

IMI plc has released its 2024 Annual Report and Accounts, along with the Notice of the 2025 Annual General Meeting, to its shareholders. These documents are accessible online and have been submitted to the National Storage Mechanism, ensuring compliance with UK Listing Rules. The upcoming AGM is scheduled for May 8, 2025, in Birmingham, indicating the company’s commitment to transparency and shareholder engagement.

Stock BuybackBusiness Operations and Strategy
IMI plc Executes Share Buyback to Optimize Capital Structure
Positive
Mar 27, 2025

IMI plc announced the repurchase of 125,000 of its ordinary shares for cancellation at an average price of 1955.2888 pence per share. This transaction, executed through Numis Securities Limited, is part of the company’s ongoing strategy to manage its capital structure and enhance shareholder value. Following this buyback, the total number of voting rights in the company will be adjusted to 255,072,957, reflecting a strategic move to optimize its financial position and potentially impact its market valuation positively.

Stock Buyback
IMI plc Announces Share Repurchase
Neutral
Mar 26, 2025

IMI plc has announced the repurchase of 100,000 of its ordinary shares through Numis Securities Limited for cancellation, with an average purchase price of 1984.6588 pence per share. This transaction reduces the total number of ordinary shares in issue to 267,846,793, with 12,648,836 shares held in treasury, impacting the company’s voting rights and potentially influencing its market position.

Stock Buyback
IMI plc Announces Share Repurchase and Cancellation
Positive
Mar 25, 2025

IMI plc, a company involved in the engineering sector, announced the repurchase and cancellation of 125,000 of its ordinary shares at an average price of 1967.76 pence per share. This transaction, executed through Numis Securities Limited, reduces the total number of shares in issue to 267,944,129, with 12,648,836 shares held in treasury. The move is part of IMI’s ongoing efforts to optimize its capital structure and enhance shareholder value.

Stock Buyback
IMI plc Announces Share Buyback and Cancellation
Positive
Mar 21, 2025

IMI plc, a company involved in the engineering sector, announced the repurchase and cancellation of 125,000 of its ordinary shares at an average price of 1961.9765 pence per share. This transaction, conducted through Numis Securities Limited, reduces the total number of shares in issue to 268,194,129 and the total voting rights to 255,545,293, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.

Executive/Board ChangesBusiness Operations and Strategy
IMI plc Grants Performance Share Awards to Key Executives
Neutral
Mar 21, 2025

IMI plc has announced a series of transactions involving the grant of performance share awards to key executives under the IMI Incentive Plan. These awards, which do not require any consideration for grant, vesting, or exercise, were allocated to several top executives, including the CEO, COO, Chief People Officer, and Chief Legal & Risk Officer. The transactions, conducted outside a trading venue, reflect the company’s commitment to aligning executive incentives with performance goals, potentially impacting shareholder value and executive retention.

Stock Buyback
IMI plc Announces Share Buyback to Enhance Shareholder Value
Positive
Mar 20, 2025

IMI plc, a company involved in engineering solutions, announced the repurchase of 125,000 of its ordinary shares for cancellation at an average price of 1989.3728 pence per share. This transaction, conducted through Numis Securities Limited, reduces the total number of shares in circulation, potentially increasing the value of remaining shares and reflecting the company’s confidence in its financial position.

Stock BuybackBusiness Operations and Strategy
IMI plc Announces Share Repurchase to Enhance Shareholder Value
Positive
Mar 19, 2025

IMI plc, a company operating in the engineering sector, announced the repurchase of 125,000 of its ordinary shares for cancellation at an average price of 2020.5068 pence per share. This transaction, executed through Numis Securities Limited, is part of the company’s ongoing strategy to manage its share capital and potentially enhance shareholder value by reducing the number of shares in circulation, which may impact the company’s market positioning and voting rights structure.

Stock BuybackBusiness Operations and Strategy
IMI plc Executes Share Buyback to Optimize Capital Structure
Positive
Mar 18, 2025

IMI plc, a company involved in the engineering sector, announced the repurchase of 50,626 of its own ordinary shares for cancellation at an average price of 2007.3695 pence per share. This transaction, conducted through Numis Securities Limited, is part of the company’s ongoing strategy to manage its share capital and potentially enhance shareholder value by reducing the number of shares in circulation. The completion of this buyback reduces the total number of shares in issue to 268,551,783, with 255,902,947 voting rights remaining.

Stock Buyback
IMI plc Announces Share Repurchase to Enhance Shareholder Value
Positive
Mar 17, 2025

IMI plc, a company involved in various industrial sectors, has announced the repurchase of 125,000 of its own ordinary shares for cancellation at an average price of 1972.9232 pence per share. This transaction, executed through Numis Securities Limited, will reduce the total number of shares in issue, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.

Stock Buyback
IMI plc Executes Share Buyback Program
Positive
Mar 14, 2025

IMI plc has announced a share buyback program, purchasing 90,000 of its ordinary shares for cancellation at an average price of 1973.5308 pence per share. This transaction reduces the total number of shares in issue to 268,727,409, with 256,078,573 voting rights remaining, potentially enhancing shareholder value and signaling confidence in the company’s financial health.

Executive/Board ChangesRegulatory Filings and Compliance
IMI plc Executives Exercise Share Awards Under Incentive Plan
Neutral
Mar 14, 2025

IMI plc has announced a series of transactions involving its senior management team, including the CEO, CFO, and other key executives. These transactions involve the exercise of performance share awards under the 2022 IMI plc Incentive Plan, with a portion of shares sold to cover tax and dealing costs, while the remaining shares are retained. This notification, in compliance with the Market Abuse Regulation, highlights the company’s commitment to transparency and regulatory adherence. The transactions, conducted on the London Stock Exchange, reflect the company’s ongoing efforts to align executive compensation with performance and shareholder interests.

Stock Buyback
IMI plc Announces Share Buyback Program
Positive
Mar 13, 2025

IMI plc, a company involved in engineering and manufacturing, has announced a share buyback program. On March 13, 2025, the company repurchased 124,691 of its ordinary shares at an average price of 1959.7944 pence per share. This transaction reduces the total number of shares in circulation, potentially increasing the value of remaining shares and signaling confidence in the company’s financial health. The buyback was executed through Numis Securities Limited and involved transactions on various trading platforms including the London Stock Exchange, Chi-X, and BATS.

Other
IMI plc Chair Increases Stake with Share Purchase
Positive
Mar 13, 2025

IMI plc announced that Jamie Pike, the company’s Chair, purchased 4,873 ordinary shares at a price of £20.535 per share on 4 March 2025. This transaction, conducted on the London Stock Exchange, underscores confidence in the company’s market position and potential growth, potentially reassuring stakeholders about the company’s future prospects.

Stock BuybackBusiness Operations and Strategy
IMI plc Announces Share Buyback Program
Positive
Mar 12, 2025

IMI plc, a company involved in the engineering sector, has announced a share buyback program where it purchased 125,000 of its ordinary shares for cancellation at an average price of 1981.9187 pence per share. This transaction, executed through Numis Securities Limited, is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value. Following the cancellation of these shares, IMI’s total number of ordinary shares in issue will be reduced, which may positively impact earnings per share and reflect confidence in the company’s financial health.

Other
IMI plc Executives Purchase Shares, Signaling Confidence in Company
Positive
Mar 12, 2025

IMI plc announced that key executives, including the CEO, CFO, and Chief People Officer, have purchased shares as part of the IMI Employee Share Ownership Plan. This transaction, conducted on the London Stock Exchange, reflects the leadership’s confidence in the company’s future performance and aligns their interests with those of shareholders, potentially enhancing stakeholder trust and market perception.

Stock Buyback
IMI plc Announces Share Repurchase and Cancellation
Positive
Mar 11, 2025

IMI plc, a company involved in engineering and manufacturing, announced the repurchase and cancellation of 125,000 of its ordinary shares at an average price of 1988.4253 pence per share. This transaction reduces the total number of shares in issue to 269,065,134, with 12,648,836 shares held in treasury, impacting the total voting rights to 256,416,298. The share buyback reflects the company’s ongoing efforts to manage its capital structure and could potentially enhance shareholder value by reducing the number of shares outstanding.

Stock BuybackBusiness Operations and Strategy
IMI plc Executes Share Buyback to Enhance Shareholder Value
Positive
Mar 10, 2025

IMI plc has announced the repurchase of 125,000 of its ordinary shares for cancellation at an average price of 2015.3959 pence per share. This transaction, conducted through Numis Securities Limited, will reduce the total number of ordinary shares in issue to 269,190,134, with 256,541,298 voting rights remaining. The buyback is part of IMI’s ongoing strategy to manage its capital structure and enhance shareholder value.

Regulatory Filings and Compliance
IMI plc Adjusts Share Structure with Treasury Share Transfer
Neutral
Mar 10, 2025

IMI plc has announced a transaction involving the transfer of 1,000,000 of its own ordinary shares to the trustee of the IMI Employee Benefit Trust. This transfer reduces the percentage of its ordinary shares held in treasury to 4.92% of its total voting rights, impacting the company’s share structure and potentially affecting shareholder calculations under the Financial Conduct Authority’s Disclosure and Transparency Rules.

Other
IMI plc Announces Change in Major Holdings
Neutral
Mar 10, 2025

IMI plc, a UK-based company, has announced a change in its major holdings as Alecta Tjänstepension Ömsesidigt, a Swedish entity, has crossed a threshold by acquiring 3.03% of voting rights as of March 7, 2025. This acquisition could impact IMI plc’s shareholder structure and influence future corporate decisions, highlighting the importance of monitoring shareholder changes for stakeholders.

Stock BuybackBusiness Operations and Strategy
IMI plc Announces Share Repurchase and Cancellation
Neutral
Mar 5, 2025

IMI plc, a company involved in the engineering sector, announced the repurchase and cancellation of 100,000 of its own ordinary shares at an average price of 2035.0126 pence per share. This transaction reduces the total number of shares in issue to 269,540,134, with 13,648,836 shares held in treasury, impacting the total voting rights to 255,891,298. This move is part of IMI’s strategy to manage its capital structure and potentially enhance shareholder value.

Stock BuybackBusiness Operations and Strategy
IMI plc Executes Share Buyback to Optimize Capital Structure
Neutral
Mar 4, 2025

IMI plc announced the purchase and cancellation of 100,000 of its own ordinary shares at an average price of 2001.0328 pence per share. This transaction, conducted through Numis Securities Limited, is part of the company’s strategy to manage its share capital and potentially enhance shareholder value. Following this transaction, the total number of voting rights in the company will be 255,991,298.

Regulatory Filings and Compliance
IMI plc Updates on Share Capital and Voting Rights
Neutral
Mar 3, 2025

IMI plc announced its current issued share capital as of 28 February 2025, consisting of 269,740,134 ordinary shares, with 13,648,836 held in Treasury. This results in a total of 256,091,298 voting rights available to shareholders, a figure crucial for compliance with the FCA’s Disclosure and Transparency Rules. This update is significant for stakeholders to assess their shareholding interests and any necessary notifications.

Dividends
IMI plc Updates Dividend Record Date and Confirms DRIP Election
Positive
Feb 28, 2025

IMI plc announced a correction to the record date for its final dividend and confirmed the election date for its Dividend Reinvestment Plan (DRIP). The final dividend is set at 21.1p per share, an increase from the previous year, and will be paid on 16 May 2025 to shareholders registered by 4 April 2025. This announcement reflects the company’s commitment to returning value to shareholders and may influence investor sentiment positively.

Stock BuybackBusiness Operations and Strategy
IMI plc Launches £200 Million Share Buyback Program
Neutral
Feb 28, 2025

IMI plc has announced a share buyback program valued at up to £200 million, set to run from February 28, 2025, to September 30, 2025. The initiative aims to reduce the company’s capital by repurchasing and cancelling shares, with the first £100 million tranche managed by Numis Securities Limited. This move aligns with the company’s strategic financial management and regulatory compliance, potentially impacting shareholder value and market perception.

Stock BuybackDividendsBusiness Operations and StrategyFinancial Disclosures
IMI plc Reports Record Profits and Announces £200m Share Buyback
Positive
Feb 28, 2025

IMI plc announced record profits for 2024, driven by a 4% organic sales growth and a 10% increase in adjusted operating profit. The company highlighted strong performances in process automation and climate control, despite softer market conditions in other sectors. IMI also announced a £200m share buyback and a 10% increase in the final dividend, reflecting confidence in future performance and strong cash generation. The company expects continued financial and strategic progress in 2025, with further margin improvements and a robust cash flow outlook.

Other
IMI plc Leadership Participates in Employee Share Ownership Plan
Positive
Feb 12, 2025

IMI plc announced transactions involving its senior management, including CEO Roy Twite, CFO Daniel Shook, and Chief People Officer Elizabeth Rose, participating in the company’s Employee Share Ownership Plan. These transactions, conducted on the London Stock Exchange, illustrate the leadership’s commitment to aligning their interests with the shareholders, potentially impacting stakeholder confidence positively.

Regulatory Filings and Compliance
IMI plc Announces Voting Rights and Share Capital Details
Neutral
Feb 3, 2025

IMI plc has announced its voting rights and share capital details as of January 31, 2025. Currently, the company has an issued share capital consisting of 269,737,695 ordinary shares, with 13,648,836 shares held in treasury. This results in a total of 256,088,859 voting rights for shareholders, which is significant for determining their interests under the FCA’s Disclosure and Transparency Rules.

IMI plc Executives Engage in Share Ownership Plan Transactions
Jan 15, 2025

IMI plc has announced share transactions by key executives, including CEO Roy Twite, CFO Daniel Shook, and Chief People Officer Elizabeth Rose. These transactions, conducted under the IMI Employee Share Ownership Plan, involve the purchase of ordinary shares on the London Stock Exchange, reflecting a commitment to align management interests with those of shareholders, potentially impacting stakeholder confidence positively.

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.