Marshalls (LON:MSLH) Sets New 52-Week Low – Here’s What Happened

Marshalls plc (LON:MSLH) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 124 and last traded at GBX 125.80, with a volume of 2801379 shares traded. The stock had previously closed at GBX 131.10.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Berenberg Bank reiterated a “buy” rating and issued a GBX 360 target price on shares of Marshalls in a report on Monday, March 16th. Royal Bank Of Canada decreased their target price on shares of Marshalls from GBX 195 to GBX 170 and set a “sector perform” rating for the company in a report on Wednesday, April 22nd. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Marshalls currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 310.

Marshalls Stock Performance

The company has a debt-to-equity ratio of 27.74, a current ratio of 1.78 and a quick ratio of 1.34. The firm has a market capitalization of £338.39 million, a price-to-earnings ratio of 23.89, a PEG ratio of 0.17 and a beta of 1.27. The firm’s fifty day moving average is GBX 142.30 and its 200 day moving average is GBX 162.36.

Marshalls (LON:MSLH) last posted its quarterly earnings results on Monday, March 16th. The company reported GBX 13.40 EPS for the quarter. Marshalls had a net margin of 2.28% and a return on equity of 2.17%. On average, analysts predict that Marshalls plc will post 18.2342758 EPS for the current fiscal year.

Insider Buying and Selling at Marshalls

In other Marshalls news, insider Vanda Murray bought 10,000 shares of Marshalls stock in a transaction on Wednesday, May 13th. The stock was purchased at an average cost of GBX 126 per share, for a total transaction of £12,600. Also, insider Justin Lockwood bought 7,822 shares of Marshalls stock in a transaction on Wednesday, May 13th. The stock was acquired at an average price of GBX 127 per share, with a total value of £9,933.94. Insiders acquired 281,762 shares of company stock worth $49,805,894 over the last ninety days. 1.17% of the stock is currently owned by insiders.

Marshalls Company Profile

Established in the late 1880s, Marshalls plc is a leading UK manufacturer of sustainable solutions for the built environment. It operates through three trading divisions: Landscape Products; Roofing Products; and Building Products. At a Group, divisional and brand level, Marshalls’ strategy centres around its customers who value its unique set of capabilities, namely leading brands, best in class technical and design support and carbon leadership. This is underpinned by business wide enterprise excellence, leadership in ESG governance and standards and its people, organisation, and culture.