How to buy Greggs (GRG) shares

Are Greggs shares set to rise as well as the bakery chain's pastry dough?

Greggs plc
LSE: GRG - GBX
GROCERY STORES
p2,978.00
+ p33.00 ( + 1.12%)

Greggs plc (GRG) is a leading grocery stores business based in the UK. It opened the day at 2772p after a previous close of 2706p. During the day the price has varied from a low of 2686p to a high of 2772p. The latest price was 2713p (25 minute delay). Greggs is listed on the London Stock Exchange (LSE) and employs 21,538 staff. All prices are listed in pence sterling.

How to buy shares in Greggs

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: GRG in this case.
  5. Research Greggs shares. The platform should provide the latest information available.
  6. Buy your Greggs shares. It's that simple.
The whole process can take as little as 15 minutes.

How has coronavirus impacted Greggs's share price?

Since the stock market crash that started in February 2020, Greggs's share price has had significant positive movement.

Its last market close was 2978p, which is 18.07% up on its pre-crash value of 2440p and 133.29% up on the lowest point reached during the March 2020 crash when the shares fell as low as 1276.5p.

If you had bought £1,000 worth of Greggs shares at the start of February 2020, those shares would have been worth £572.65 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth £1,311.81.

Greggs share price (LSE:GRG)

Use our graph to track the performance of GRG stocks over time.

Greggs shares at a glance

Information last updated 2021-07-09.
Open2772p
High2772p
Low2686p
Close2713p
Previous close2706p
Change7p
Change %0.2587%
Volume164,212
Information last updated 2021-09-19.
52-week range1112.9447p - 3131.8446p
50-day moving average2965p
200-day moving average2565.2097p
Wall St. target price1340p
PE ratio35.622
Dividend yield15p (0.51%)
Earnings per share (TTM)83.6p
Promoted
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Fees for buying 10x Greggs shares with popular platforms

Share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.

Platform Platform fee Min. initial deposit Trading fee estimate
Freetrade logo £0 No minimum £0.00
£271.30 total
Capital at risk
eToro Free Stocks logo £0 $50 £0.00
£271.30 total
Capital at risk
Degiro Share Dealing logo £0 £0.01 £1.79
£273.09 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo £0 £1 £11.95
£283.25 total
Capital at risk
interactive investor Trading Account logo £9.99 per month No minimum £7.99
£279.29 total
Capital at risk
Fineco logo £0 No minimum £0.00
£271.30 total
Capital at risk
Halifax Share Dealing Account logo £36 per year £20 £9.50
£280.80 total
Capital at risk

Full comparison of share dealing platforms

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is it a good time to buy Greggs stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Greggs price performance over time

Historical closes compared with the last close of 2713p

1 week (2021-09-09) -9.05%
1 month (2021-08-19) -8.75%
3 months (2021-06-18) 7.32%
6 months (2021-03-19) 31.70%
1 year (2020-09-18) 124.03%
2 years (2019-09-19) 34.71%
3 years (2018-09-19) 153.08%
5 years (2016-09-19) 161.12%

Is Greggs under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value.

P/E ratio

Greggs's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 36x. In other words, Greggs shares trade at around 36x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the FTSE 250 at the end of September 2019 (19.71). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

EBITDA

Greggs's EBITDA (earnings before interest, taxes, depreciation and amortisation) is £170.9 million.

The EBITDA is a measure of a Greggs's overall financial performance and is widely used to measure a its profitability.

Financials

Revenue TTM £1.1 billion
Operating margin TTM 10.85%
Gross profit TTM £511.7 million
Return on assets TTM 8.85%
Return on equity TTM 25.46%
Profit margin 8.06%
Book value 3.803p
Market capitalisation £3 billion

TTM: trailing 12 months

Greggs share dividends

0.5%

Dividend yield: 0.51% of stock value

1.0%

Forward annual dividend yield: 1.01% of stock value

18.1%

Dividend payout ratio: 18.07% of net profits

Greggs has recently paid out dividends equivalent to 0.51% of its share value annually.

Greggs has paid out, on average, around 18.07% of recent net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.01% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), shareholders could enjoy a 1.01% return on their shares, in the form of dividend payments. In Greggs's case, that would currently equate to about 15p per share.

While Greggs's payout ratio might seem low, this can signify that the company is investing more in its future growth.

The latest dividend was paid out to all shareholders who bought their shares by 9 September 2021 (the "ex-dividend date").

Have Greggs's shares ever split?

Greggs's shares were split on a 10:1 basis on 18 May 2009. So if you had owned 1 share the day before before the split, the next day you'd have owned 10 shares. This wouldn't directly have changed the overall worth of your Greggs shares – just the quantity. However, indirectly, the new 90% lower share price could have impacted the market appetite for Greggs shares which in turn could have impacted Greggs's share price.

Share price volatility

Over the last 12 months, Greggs's shares have ranged in value from as little as 1112.9447p up to 3131.8446p. A popular way to gauge a stock's volatility is its "beta".

GRG.LSE volatility(beta: 1.11)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (LSE average) beta is 1, while Greggs's is 1.1072. This would suggest that Greggs's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

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