Moneysupermarket.com (#MONY) – 2021 adj. EPS -9%, DPS maintained, argues still “well placed”
- 2022-02-17 07:25:20
I have not written about Moneysupermarket.com (MONY) before but Malcolm has, as you can see here just over a year ago. He was absolutely correct that helping to identify good value car insurance, home insurance, credit card deals, travel insurance, pet insurance and broadband deals, along with the ownership of MoneySavingExpert.com (thanks Martin Lewis), was popular with lots of people. And whilst COVID-19 issues with the travel industry has caused some challenges over the last year, a business with some overall net cash on its balance sheet and free cash flow generation helping to support a 5%+ dividend yield certainly could have been a lot worse. But the shares have had a very poor last few months as, whilst the travel insurance business has been only slow to improve, the energy deals business has been an absolute shocker recently.
Hello, Share Smashers. Reviewing the chances of comparison websites is not something I’ve really done before. But I rather like the look of Moneysupermarket.com (MONY), even if I cringe at its annoying TV adverts. The shares took a nasty dive at the onset of the virus but, like so many outfits in the insurance game, they’ve recovered fast...