Insider Buying: Johnson Matthey (LON:JMAT) Insider Purchases 10 Shares of Stock

Johnson Matthey PLC (LON:JMAT) insider Alastair Judge bought 10 shares of the stock in a transaction dated Wednesday, February 11th. The shares were bought at an average price of GBX 2,342 per share, for a total transaction of £234.20.

Alastair Judge also recently made the following trade(s):

• On Tuesday, January 13th, Alastair Judge bought 12 shares of Johnson Matthey stock. The stock was bought at an average cost of GBX 2,321 per share, with a total value of £278.52.

Johnson Matthey Price Performance

Shares of JMAT stock opened at GBX 2,346 on Thursday. The company has a debt-to-equity ratio of 62.73, a current ratio of 1.45 and a quick ratio of 0.76. The firm’s 50-day moving average is GBX 2,235.95 and its two-hundred day moving average is GBX 2,069. Johnson Matthey PLC has a 12 month low of GBX 1,131 and a 12 month high of GBX 2,434. The company has a market capitalization of £3.93 billion, a PE ratio of -35.60, a price-to-earnings-growth ratio of 49,242.50 and a beta of 0.95.

Johnson Matthey (LON:JMAT) last announced its quarterly earnings results on Thursday, November 20th. The company reported GBX 51.20 EPS for the quarter. Johnson Matthey had a return on equity of 4.49% and a net margin of 0.84%. Analysts predict that Johnson Matthey PLC will post 173.4112903 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on JMAT. Panmure Gordon restated a “buy” rating and issued a GBX 2,370 price objective on shares of Johnson Matthey in a report on Monday, November 24th. Berenberg Bank decreased their price target on Johnson Matthey from GBX 2,100 to GBX 2,050 and set a “hold” rating on the stock in a research note on Tuesday, November 25th. Deutsche Bank Aktiengesellschaft raised their price target on Johnson Matthey from GBX 2,300 to GBX 2,400 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. Finally, Citigroup boosted their price objective on Johnson Matthey from GBX 1,800 to GBX 2,100 and gave the company a “neutral” rating in a report on Tuesday, October 21st. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 2,268.

About Johnson Matthey

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, they improve the function, performance and safety of their customers’ products. Their science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources. Today more than 13,000 Johnson Matthey professionals collaborate with their network of customers and partners to make a real difference to the world around us.