Glanbia-graph-Aug25
FANS OF Moneybags got a quick reward this month following recent analysis of dairy and nutritionals outfit Glanbia’s struggling shares.
In the article (see The Phoenix 16/5/25), it was noted: “At €11.85, Glanbia’s share price looks ridiculous. Even at the lower end of [Hugh] McGuire’s earnings guidance for the current year, the shares are standing on a prospective p/e multiple of 9.5 – less than half that of Kerry Group. Despite the dreadful performance of management, this is far too low.”
In the weeks since then, Glanbia’s stock has risen steadily and currently stands at €14.20, representing a jump of 20% in two months. Nice.
