Speedy Hire
SDY.L (LSE)
With a robust dividend yield of 8.25%, Speedy Hire provides an attractive option for income-focused investors, even as it grapples with a challenging performance, showing a 1-year return of -12.07% and a significant decline of -63.57% over the past five years. The consensus among analysts is notably positive, with a strong "buy" rating from five experts, highlighting the potential for recovery, as they project a median price target of 50.00. Such insights suggest that while the short-term outlook may be rocky, the long-term prospects could offer a compelling investment opportunity for those willing to endure volatility.
Pros:
- High dividend yield
- Established in equipment rental
Cons:
- Negative 1-year and 5-year returns
- High volatility indicated by beta of 0.83
In conclusion, Speedy Hire (SDY.L) may be suitable for income-focused investors seeking high dividend yields, despite its recent underperformance and significant historical losses. While the current volatility and negative returns may deter risk-averse investors, those with a long-term perspective and a tolerance for market fluctuations could find potential value in the company's projected recovery.