How to buy Ultra Electronics (ULE) shares

Learn how to easily invest in Ultra Electronics shares.

Ultra Electronics Holdings plc
LSE: ULE - GBX
AEROSPACE & DEFENSE
p3,230.00
+ p30.00 ( + 0.94%)

Ultra Electronics Holdings plc (ULE) is a leading aerospace and defence business based in the UK. It opened the day at 2356p after a previous close of 2302p. During the day the price has varied from a low of 2288p to a high of 2356p. The latest price was 2302p (25 minute delay). Ultra Electronics is listed on the London Stock Exchange (LSE) and employs 4,253 staff. All prices are listed in pence sterling.

How to buy shares in Ultra Electronics

  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: ULE in this case.
  5. Research Ultra Electronics shares. The platform should provide the latest information available.
  6. Buy your Ultra Electronics shares. It's that simple.
The whole process can take as little as 15 minutes.

How has coronavirus impacted Ultra Electronics's share price?

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

Its last market close was 3200p, which is 33.25% up on its pre-crash value of 2136p and 121.30% up on the lowest point reached during the March 2020 crash when the shares fell as low as 1446p.

If you had bought £1,000 worth of Ultra Electronics shares at the start of February 2020, those shares would have been worth £711.05 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 £1,431.04.

Ultra Electronics share price (LSE:ULE)

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

Ultra Electronics shares at a glance

Information last updated 2021-07-02.
Open2356p
High2356p
Low2288p
Close2302p
Previous close2302p
Change0p
Change %0%
Volume187,210
Information last updated 2021-09-17.
52-week range1844.5414p - 3389.8299p
50-day moving average3185.9443p
200-day moving average2412.8125p
Wall St. target price1698.13p
PE ratio23.4604
Dividend yield57.7p (1.84%)
Earnings per share (TTM)136.4p
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Fees for buying 20x Ultra Electronics 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
£460.40 total
Capital at risk
eToro Free Stocks logo £0 $50 £0.00
£460.40 total
Capital at risk
Fineco logo £0 No minimum £0.00
£460.40 total
Capital at risk
Degiro Share Dealing logo £0 £0.01 £1.81
£462.21 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo £0 £1 £11.95
£472.35 total
Capital at risk
interactive investor Trading Account logo £9.99 per month No minimum £7.99
£468.39 total
Capital at risk
Halifax Share Dealing Account logo £36 per year £20 £9.50
£469.90 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 Ultra Electronics 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.

Ultra Electronics price performance over time

Historical closes compared with the last close of 2302p

1 week (2021-09-15) -26.36%
1 month (2021-08-20) -30.62%
3 months (2021-06-22) 5.89%
6 months (2021-03-22) 10.67%
1 year (2020-09-22) 10.67%
2 years (2019-09-20) 13.18%
3 years (2018-09-21) 43.25%
5 years (2016-09-22) 28.75%

Is Ultra Electronics 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

Ultra Electronics's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 23x. In other words, Ultra Electronics shares trade at around 23x 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.

PEG ratio

Ultra Electronics's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.04. Higher PEG ratios such as this can be interpreted as meaning the shares offer worse value given the current rate of growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Ultra Electronics's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

EBITDA

Ultra Electronics's EBITDA (earnings before interest, taxes, depreciation and amortisation) is £142.5 million.

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

Financials

Revenue TTM £851.2 million
Operating margin TTM 14.17%
Gross profit TTM £250.8 million
Return on assets TTM 7.36%
Return on equity TTM 19.76%
Profit margin 11.41%
Book value 7p
Market capitalisation £2.3 billion

TTM: trailing 12 months

Ultra Electronics share dividends

1.8%

Dividend yield: 1.84% of stock value

1.8%

Forward annual dividend yield: 1.84% of stock value

42.1%

Dividend payout ratio: 42.12% of net profits

Ultra Electronics has recently paid out dividends equivalent to 1.84% of its share value annually.

Ultra Electronics has paid out, on average, around 42.12% of recent net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.84% 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 1.84% return on their shares, in the form of dividend payments. In Ultra Electronics's case, that would currently equate to about 57.7p per share.

While Ultra Electronics's payout ratio might seem fairly standard, it's worth remembering that it may be investing much of the rest of its net profits in future growth.

The latest dividend was paid out to all shareholders who bought their shares by 26 August 2021 (the "ex-dividend date").

Share price volatility

Over the last 12 months, Ultra Electronics's shares have ranged in value from as little as 1844.5414p up to 3389.8299p. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (LSE average) beta is 1, while Ultra Electronics's is 0.3894. This would suggest that Ultra Electronics's shares are less volatile than average (for this exchange).

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