Added to YB: 2026-08-28
Pitch date: 2026-08-26
HTG.L [bullish]
Hunting PLC
+4.56%
current return
Author Info
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Company Info
Hunting PLC, together with its subsidiaries, manufactures components, technology systems, and precision parts worldwide.
Market Cap
GBP 791.6M
Pitch Price
GBP 3.95
Price Target
5.70 (+38%)
Dividend
2.58%
EV/EBITDA
8.24
P/E
19.82
EV/Sales
0.86
Sector
Energy Equipment and Services
Category
turnaround
‘Eath ‘n’ Hunting - $HTG.L
HTG.L (added to position): Hunting was increased at 381p, with NAV of 445p, a weighted valuation around 570p and a possible 3x upside case, as higher-margin Subsea and Perforating Systems improve the mix. H1 revenue fell 6%, EBITDA declined to $62M and FY2026 guidance was cut to $138M-$141M after the KOC delay. The thesis now hinges on delivering $75.9M-$78.9M of H2 EBITDA, reversing the $58M working-capital outflow and winning the KOC re-tender profitably.
Read full article (11 min)