Reece Ltd (REH)

Currency in AUD
16.63
-0.27(-1.60%)
Closed·
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Fair Value
Day's Range
16.3616.99
52 wk Range
10.1417.63
Key Statistics
Bid/Ask
16.63 / 16.90
Prev. Close
16.63
Open
16.58
Day's Range
16.36-16.99
52 wk Range
10.14-17.63
Volume
666.03K
Average Volume (3m)
599.14K
1-Year Change
41.4116%
Fair Value
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Fair Value Upside
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REH Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
16.10
Downside
-3.18%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a high earnings multiple

Reece Ltd News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Neutral
Technical Indicators
Buy
Moving Averages
Sell

Analyst Ratings

5 Buy
6 Hold
3 Sell
Ratings:
14 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 16.10
(-3.18% Downside)

Reece Ltd Earnings Call Summary for H2/2026

  • Reece reported FY2026 sales up 4.5% to AUD 9.4B, but EBIT fell 2.6% to AUD 534M amid U.S. margin pressure and branch expansion costs.
  • ANZ business outperformed with EBIT up 6% to AUD 360M; U.S. sales rose 6.5% but EBIT dropped 13% on weak residential demand and new branch costs.
  • Company added net 25 branches in U.S., above prior guidance, maintaining 1.0x leverage while returning AUD 401M to shareholders via buybacks.
  • FY2027 guidance calls for continued ANZ momentum but 'modest growth' in U.S.; capex normalizing at 2-3% of sales with 15-20 new U.S. branches planned.
  • CEO Wilson emphasized multi-decade U.S. expansion strategy despite near-term headwinds; shares flat at $16.54, near 52-week high, trading at 37x P/E.
Last Updated: 2026-08-23, 08:06 p/m
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Earnings

Latest Release
Aug 23, 2026
EPS / Forecast
-- / 28.50
Revenue / Forecast
-- / --
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 0.50%
Dividend Yield
1.02%
Industry Median 2.92%
Annualized payout
0.17
Paid unevenly
5-Years Growth
+7.59%
Growth Streak

REH Income Statement

Compare REH to Peers and Sector

Metrics to compare
REH
Peers
Sector
Relationship
P/E Ratio
33.3x16.8x12.0x
PEG Ratio
32.670.450.03
Price/Book
2.7x1.9x1.4x
Price / LTM Sales
1.1x1.0x1.2x
Upside (Analyst Target)
1.2%14.3%28.3%
Fair Value Upside
Unlock13.1%8.2%Unlock

Reece Limited engages in the distribution of plumbing, waterworks, heating, ventilation, air-conditioning, and refrigeration products to commercial and residential customers in Australia, New Zealand, and the United States. The company offers bathroom products, such as tapware and accessories, vanities and furniture, showers, toilets, basins, bathroom appliances, and baths and spas; kitchen and laundry products, including tapware, sinks and troughs, accessories, commercial kitchen and laundry tapware, and kitchen appliances; and heating and cooling products comprising heating and cooling units, ducted air conditioning, split system air conditioning, evaporative cooling, gas ducted heating, and multi split air conditioning. It also provides hot water systems; pool and spa care equipment; garden products, which include irrigation, landscape, garden lighting, and lawn care; and civil products, such as pipe and fittings, valves, sewer and drainage, electrical pipe and fittings, and water tanks. The company serves customers in the trade, retail, commercial, and infrastructure markets. The company was formerly known as Reece Australia Limited and changed its name to Reece Limited in November 2015. Reece Limited was founded in 1920 and is based in Cremorne, Australia.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
81.54M13.26%1.36B
Other Institutional Investors
376.79M61.26%6.27B
Public Companies & Retail Investors
156.76M25.49%2.61B
Total
615.09M100.00%10.23B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
L.T. Wilson Pty Ltd.25.56%157,200,0002,614,236
L.T.W. Holdings Pty. Ltd.9.75%60,000,000997,800

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FAQ

What Is the Reece (REH) Stock Price Today?

The Reece stock price today is 16.63 AUD.

What Stock Exchange Does Reece Trade On?

Reece is listed and trades on the Sydney Stock Exchange.

What Is the Stock Symbol for Reece?

The stock symbol for Reece is "REH."

Does Reece Pay Dividends? What’s The Current Dividend Yield?

The Reece dividend yield is 1.04%.

What Is the Reece Market Cap?

As of today, Reece market cap is 10.23B AUD.

What Is Reece's Earnings Per Share (TTM)?

The Reece EPS (TTM) is 0.50.

When Is the Next Reece Earnings Date?

Reece will release its next earnings report on Aug 24, 2026.

From a Technical Analysis Perspective, Is REH a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.

How Many Times Has Reece Stock Split?

Reece has split 4 times.

How Many Employees Does Reece Have?

Reece has 9000 employees.

What is the current trading status of Reece (REH)?

As of Aug 25, 2026, Reece (REH) is trading at a price of 16.63 AUD, with a previous close of 16.63 AUD. The stock has fluctuated within a day range of 16.36 AUD to 16.99 AUD, while its 52-week range spans from 10.14 AUD to 17.63 AUD.

What Is Reece (REH) Price Target According to Analysts?

The average 12-month price target for Reece is 16.10 AUD, with a high estimate of 19.2 AUD and a low estimate of 10.3 AUD. 5 analysts recommend buying the stock, while 3 suggest selling, leading to an overall rating of Neutral. The stock has an -3.18% Downside potential.
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