Joe Hudson Sells 15,632 Shares of Ibstock (LON:IBST) Stock

Ibstock plc (LON:IBST) insider Joe Hudson sold 15,632 shares of the stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of GBX 107, for a total value of £16,726.24.

Joe Hudson also recently made the following trade(s):

• On Monday, March 23rd, Joe Hudson sold 64,484 shares of Ibstock stock. The stock was sold at an average price of GBX 103, for a total transaction of £66,418.52.

Ibstock Stock Up 1.3%

Shares of Ibstock stock traded up GBX 1.40 during trading on Tuesday, hitting GBX 108.40. The company’s stock had a trading volume of 26,428,490 shares, compared to its average volume of 6,940,119. The company has a debt-to-equity ratio of 44.59, a quick ratio of 1.19 and a current ratio of 1.33. The company has a fifty day simple moving average of GBX 114.32 and a two-hundred day simple moving average of GBX 126.68. The company has a market capitalization of £428.07 million, a PE ratio of 135.50, a P/E/G ratio of 0.47 and a beta of 0.88. Ibstock plc has a 52 week low of GBX 97 and a 52 week high of GBX 200.50.

Ibstock (LON:IBST) last issued its quarterly earnings results on Thursday, March 5th. The company reported GBX 5.70 earnings per share (EPS) for the quarter. Ibstock had a net margin of 0.83% and a return on equity of 0.79%. Equities research analysts predict that Ibstock plc will post 11.0089552 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Jefferies Financial Group reduced their price objective on Ibstock from GBX 133 to GBX 127 and set a “buy” rating for the company in a research report on Monday. Berenberg Bank reduced their price objective on Ibstock from GBX 150 to GBX 135 and set a “hold” rating for the company in a research report on Wednesday, January 21st. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on Ibstock from GBX 144 to GBX 110 and set a “hold” rating for the company in a research report on Tuesday, March 24th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 135.50.

About Ibstock

Ibstock plc manufactures and sells clay and concrete building products and solutions to customers in the residential construction sector in the United Kingdom. The company offers bricks and masonry, which includes facing and engineering bricks, brick slips, special shaped bricks, walling stone, architectural masonry, prefabricated components, eco-habitats, and padstones and lintels, as well as façade systems; roofing products comprising roof tiles and accessories, and chimneys; and flooring and lintels, such as beam and block flooring, insulated flooring, hollowcore, and screed rails.