Marshalls (LON:MSLH) Shares Down 2.2% – Here’s Why

Marshalls plc (LON:MSLH) was down 2.2% during mid-day trading on Monday . The stock traded as low as GBX 166.10 and last traded at GBX 176. 2,430,470 shares were traded during mid-day trading, a decline of 60% from the average session volume of 6,047,098 shares. The stock had previously closed at GBX 180.04.

Wall Street Analyst Weigh In

MSLH has been the subject of a number of recent research reports. Royal Bank Of Canada dropped their price target on shares of Marshalls from GBX 195 to GBX 170 and set a “sector perform” rating for the company in a research note on Wednesday, April 22nd. Peel Hunt reaffirmed a “buy” rating and issued a GBX 250 price objective on shares of Marshalls in a research note on Monday. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 260.

Marshalls Stock Down 2.2%

The business has a fifty day moving average of GBX 147.84 and a 200 day moving average of GBX 149.57. The firm has a market cap of £445.08 million, a P/E ratio of 31.43, a P/E/G ratio of 0.17 and a beta of 1.27. The company has a quick ratio of 1.34, a current ratio of 1.78 and a debt-to-equity ratio of 27.74.

Marshalls (LON:MSLH) last released its earnings results on Monday, August 10th. The company reported GBX 7.30 earnings per share for the quarter. Marshalls had a return on equity of 2.17% and a net margin of 2.28%. On average, equities research analysts predict that Marshalls plc will post 18.2342758 EPS for the current year.

Insider Activity

In other news, insider Vanda Murray acquired 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The stock was purchased at an average price of GBX 126 per share, for a total transaction of £12,600. Also, insider Paul Inman bought 3,940 shares of the stock in a transaction on Wednesday, May 13th. The stock was purchased at an average cost of GBX 125 per share, with a total value of £4,925. Insiders purchased a total of 568,762 shares of company stock valued at $85,342,894 in the last ninety days. 1.10% of the stock is 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.