Johnson Matthey (LON:JMAT) Insider Buys £95,715 in Stock

Johnson Matthey PLC (LON:JMAT) insider Liam Condon acquired 4,500 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was purchased at an average price of GBX 2,127 per share, for a total transaction of £95,715.

Liam Condon also recently made the following trade(s):

• On Wednesday, April 15th, Liam Condon bought 12 shares of Johnson Matthey stock. The stock was acquired at an average cost of GBX 2,022 per share, with a total value of £242.64.
• On Wednesday, March 11th, Liam Condon bought 14 shares of Johnson Matthey stock. The stock was acquired at an average cost of GBX 1,941 per share, with a total value of £271.74.

Johnson Matthey Price Performance

Johnson Matthey stock traded up GBX 25.93 during midday trading on Tuesday, reaching GBX 2,145.93. The company’s stock had a trading volume of 642,499 shares, compared to its average volume of 2,805,506. Johnson Matthey PLC has a fifty-two week low of GBX 1,660 and a fifty-two week high of GBX 2,434. The company has a debt-to-equity ratio of 69.69, a quick ratio of 0.76 and a current ratio of 1.56. The stock’s 50 day simple moving average is GBX 2,037.08 and its 200 day simple moving average is GBX 2,107.42. The firm has a market capitalization of £3.60 billion, a PE ratio of -32.56, a P/E/G ratio of 49,242.50 and a beta of 0.91.

Johnson Matthey (LON:JMAT) last released its quarterly earnings results on Thursday, May 28th. The company reported GBX 128.50 earnings per share (EPS) for the quarter. The business had revenue of GBX 1,257.30 billion during the quarter. Johnson Matthey had a negative return on equity of 4.66% and a negative net margin of 0.76%. On average, equities research analysts forecast that Johnson Matthey PLC will post 173.4112903 earnings per share for the current year.

Analysts Set New Price Targets

JMAT has been the subject of several research reports. Deutsche Bank Aktiengesellschaft upped their target price on Johnson Matthey from GBX 2,120 to GBX 2,400 and gave the company a “buy” rating in a report on Friday. UBS Group reissued a “neutral” rating and issued a GBX 2,200 price objective on shares of Johnson Matthey in a research note on Friday, May 22nd. Berenberg Bank lifted their target price on Johnson Matthey from GBX 2,100 to GBX 2,300 and gave the company a “buy” rating in a research note on Monday. Finally, Jefferies Financial Group reissued a “restricted” rating on shares of Johnson Matthey in a report on Friday. 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 presently has an average rating of “Moderate Buy” and a consensus price target of GBX 2,298.33.

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.