Our opinion on the current state of SHOPRIT(SHP)Shoprite (SHP) is Africa's largest grocery retailer and consumer goods company. Despite facing intense price competition, which has limited supermarkets' ability to pass on price increases, the company has shown resilience. Its share price, which fell from R275 in March 2018 to around R100 in July 2
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
12 ZAR
6.25 B ZAR
240.72 B ZAR
427.73 M
About SHOPRITE HOLDINGS LTD
Sector
Industry
CEO
Pieter Christiaan Engelbrecht
Website
Headquarters
Brackenfell
Founded
1979
ISIN
ZAE000012084
FIGI
BBG000BFNXZ7
Shoprite Holdings Ltd. is an investment company, which engages in the management of retail stores. It operates through the following segments: Supermarkets RSA, Supermarkets Non-RSA, Furniture, and Other Operating Segment. The Supermarkets RSA segment includes Shoprite, Checkers, Checkers Hyper, and Usave brands in South Africa. The Supermarkets Non-RSA consists of Shoprite, Checkers, and Usave brands outside of South Africa. The Furniture segment involves the OK Furniture, OK Power Express, and House and Home brands trading in RSA and Non-RSA. The Other segment offers trading in RSA and Non-RSA, including franchise operations, and retail and wholesale of pharmaceutical products. The company was founded in November 1979 and is headquartered in Brackenfell, South Africa.
Our opinion on the current state of SHOPRIT(SHP)Shoprite (SHP) is the largest grocery retailer and consumer goods company in Africa. The company has faced intense price competition, which has prevented supermarkets from fully passing on price increases to consumers. The share price experienced a significant decline from a high of R275 in March 20
Our opinion on the current state of SHOPRITE(SHP)Shoprite, Africa's largest grocery retailer and consumer goods company, has navigated intense competitive pressures in the market, which has historically prevented supermarkets from significantly marking up prices due to price competition. The company's share price experienced a significant dip, fal
SHP: bouncing form support?A price action above 25100 supports a bullish trend direction.
Further bullish confirmation for a break above 25800.
The target price is set at 26800 (its 23.6% Fibonacci retracement level).
The stop-loss price is set at 24100 (its 78.6% retracement level).
Testing its 200-day simple moving average,
Our opinion on the current state of SHPShoprite Holdings Limited, as Africa's preeminent grocery retailer and consumer goods company, has exhibited remarkable resilience and strategic acumen in navigating the complex landscape of the African retail sector. Despite the challenges posed by intense price competition, which has restricted th
Our opinion on the current state of SHPShoprite Holdings Limited, as Africa's preeminent grocery retailer and consumer goods company, has exhibited remarkable resilience and strategic acumen in navigating the complex landscape of the African retail sector. Despite the challenges posed by intense price competition, which has restricted th
Our opinion on the current state of SHPShoprite Holdings Limited (SHP), recognized as Africa's largest grocery retailer and consumer goods company, has navigated a complex retail environment marked by intense price competition that has historically constrained supermarkets from passing on price increases to consumers. Despite experiencin
Our opinion on the current state of SHPShoprite (SHP) is the largest grocery retailer and consumer goods company in Africa. Intense price competition has prevented supermarkets from passing on price increases to consumers. The share price was hammered down from a high of R275 in March 2018 to levels around R100 in July 2020 but has since
Flagging the Bulls: Breaking Out from a Falling Flag Formation!Shoprite
Flagging the Bulls: Breaking Out from a Falling Flag Formation!
1.Price Formation: The price has broken out from a falling flag price formation on a daily chart.
2.Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a positive sign indicating bullish momentum.
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related stocks
Frequently Asked Questions
The current price of SHP is 28,113 ZAC — it has increased by 5.40% in the past 24 hours. Watch SHOPRITE HOLDINGS LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on JSE exchange SHOPRITE HOLDINGS LTD stocks are traded under the ticker SHP.
SHP stock has risen by 17.90% compared to the previous week, the month change is a 2.43% rise, over the last year SHOPRITE HOLDINGS LTD has showed a 17.63% increase.
We've gathered analysts' opinions on SHOPRITE HOLDINGS LTD future price: according to them, SHP price has a max estimate of 33,600.00 ZAC and a min estimate of 28,100.00 ZAC. Watch SHP chart and read a more detailed SHOPRITE HOLDINGS LTD stock forecast: see what analysts think of SHOPRITE HOLDINGS LTD and suggest that you do with its stocks.
SHP stock is 1.24% volatile and has beta coefficient of 0.88. Track SHOPRITE HOLDINGS LTD stock price on the chart and check out the list of the most volatile stocks — is SHOPRITE HOLDINGS LTD there?
Today SHOPRITE HOLDINGS LTD has the market capitalization of 152.69 B, it has decreased by −8.48% over the last week.
Yes, you can track SHOPRITE HOLDINGS LTD financials in yearly and quarterly reports right on TradingView.
SHOPRITE HOLDINGS LTD is going to release the next earnings report on Sep 9, 2025. Keep track of upcoming events with our Earnings Calendar.
SHP net income for the last half-year is 3.72 B ZAR, while the previous report showed 2.91 B ZAR of net income which accounts for 27.74% change. Track more SHOPRITE HOLDINGS LTD financial stats to get the full picture.
SHOPRITE HOLDINGS LTD dividend yield was 2.51% in 2024, and payout ratio reached 61.98%. The year before the numbers were 2.94% and 61.15% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 15, 2025, the company has 160.22 K employees. See our rating of the largest employees — is SHOPRITE HOLDINGS LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SHOPRITE HOLDINGS LTD EBITDA is 21.99 B ZAR, and current EBITDA margin is 8.41%. See more stats in SHOPRITE HOLDINGS LTD financial statements.
Like other stocks, SHP shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade SHOPRITE HOLDINGS LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So SHOPRITE HOLDINGS LTD technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating SHOPRITE HOLDINGS LTD stock shows the buy signal. See more of SHOPRITE HOLDINGS LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.