Johnson Matthey (LON:JMAT) Insider Alastair Judge Buys 14 Shares

Johnson Matthey PLC (LON:JMAT) insider Alastair Judge purchased 14 shares of the firm’s stock in a transaction that occurred on Wednesday, June 10th. The stock was acquired at an average price of GBX 1,990 per share, with a total value of £278.60.

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

• On Wednesday, May 13th, Alastair Judge acquired 10 shares of Johnson Matthey stock. The shares were purchased at an average price of GBX 2,158 per share, with a total value of £215.80.
• On Wednesday, April 15th, Alastair Judge acquired 14 shares of Johnson Matthey stock. The shares were purchased at an average price of GBX 2,022 per share, with a total value of £283.08.

Johnson Matthey Stock Up 0.8%

LON:JMAT traded up GBX 16 on Monday, reaching GBX 2,082. 33,354,254 shares of the stock traded hands, compared to its average volume of 2,908,089. The company has a market capitalization of £3.49 billion, a price-to-earnings ratio of -36.40, a PEG ratio of 49,242.50 and a beta of 0.93. The company has a current ratio of 1.56, a quick ratio of 0.76 and a debt-to-equity ratio of 69.69. Johnson Matthey PLC has a 12 month low of GBX 1,674 and a 12 month high of GBX 2,434. The company’s fifty day simple moving average is GBX 2,079.08 and its 200 day simple moving average is GBX 2,108.85.

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

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on JMAT shares. Berenberg Bank raised their price target on shares of Johnson Matthey from GBX 2,100 to GBX 2,300 and gave the company a “buy” rating in a report on Monday, June 1st. Deutsche Bank Aktiengesellschaft raised their price target on shares of Johnson Matthey from GBX 2,120 to GBX 2,400 and gave the company a “buy” rating in a report on Friday, May 29th. UBS Group reissued a “neutral” rating and issued a GBX 2,200 price objective on shares of Johnson Matthey in a report on Friday, May 22nd. Finally, Jefferies Financial Group restated a “restricted” rating on shares of Johnson Matthey in a research note on Friday, May 29th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price 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.