Dr. Martens (LON:DOCS) Insider Robert Hanson Purchases 96,000 Shares

Dr. Martens plc (LON:DOCS) insider Robert Hanson purchased 96,000 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The shares were acquired at an average price of GBX 79 per share, for a total transaction of £75,840.

Dr. Martens Price Performance

Dr. Martens stock opened at GBX 78.30 on Monday. The company has a debt-to-equity ratio of 127.27, a quick ratio of 1.13 and a current ratio of 2.85. The firm has a market cap of £756.65 million, a P/E ratio of 46.06, a P/E/G ratio of 6.40 and a beta of 0.11. The business’s fifty day moving average is GBX 86.75 and its two-hundred day moving average is GBX 82.07. Dr. Martens plc has a 52 week low of GBX 43.02 and a 52 week high of GBX 100.87.

Dr. Martens (LON:DOCS) last released its quarterly earnings results on Thursday, November 20th. The company reported GBX (0.90) earnings per share (EPS) for the quarter. Dr. Martens had a net margin of 7.89% and a return on equity of 18.91%. Equities research analysts forecast that Dr. Martens plc will post 2.5809394 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on DOCS. Peel Hunt reiterated a “buy” rating on shares of Dr. Martens in a research report on Thursday, November 20th. Berenberg Bank reissued a “buy” rating on shares of Dr. Martens in a report on Thursday, November 27th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Dr. Martens presently has an average rating of “Moderate Buy” and a consensus price target of GBX 6,000.

Dr. Martens Company Profile

Founded in 1960, Dr. Martens is an iconic British brand with a global presence. “Docs” or “DMs” were originally
produced for their durability for workers, before being adopted by diverse youth subcultures and associated musical
movements. Today, Dr. Martens has transcended its roots while still celebrating its proud history.