Marshalls (LON:MSLH) Stock Price Up 11.3% – Time to Buy?

Shares of Marshalls plc (LON:MSLH) rose 11.3% during trading on Monday. The company traded as high as GBX 178 and last traded at GBX 171.41. 4,816,612 shares traded hands during trading, a decline of 8% from the average session volume of 5,253,061 shares. The stock had previously closed at GBX 154.

Analyst Ratings Changes

Several analysts have recently weighed in on MSLH shares. Royal Bank Of Canada reduced their price target on Marshalls from GBX 170 to GBX 165 and set a “sector perform” rating on the stock in a report on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 248 price objective on shares of Marshalls in a report on Tuesday, August 11th. Berenberg Bank reissued a “buy” rating and set a GBX 360 target price on shares of Marshalls in a report on Tuesday, August 11th. Finally, Peel Hunt reissued a “buy” rating and set a GBX 250 target price on shares of Marshalls in a report on Monday, August 10th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Marshalls has an average rating of “Moderate Buy” and a consensus target price of GBX 255.75.

Marshalls Stock Performance

The firm has a market capitalization of £447.87 million, a P/E ratio of 22.14, a price-to-earnings-growth ratio of 0.17 and a beta of 1.28. The company has a 50-day moving average of GBX 160.64 and a 200-day moving average of GBX 147.89. The company has a current ratio of 1.80, a quick ratio of 1.34 and a debt-to-equity ratio of 27.09.

Marshalls (LON:MSLH) last released its quarterly earnings results on Monday, August 10th. The company reported GBX 7.30 EPS for the quarter. Marshalls had a return on equity of 3.79% and a net margin of 3.18%. On average, equities analysts anticipate that Marshalls plc will post 18.2342758 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Justin Lockwood bought 547,000 shares of the firm’s stock in a transaction on Thursday, July 2nd. The stock was acquired at an average price of GBX 151 per share, with a total value of £825,970. Also, insider Paul Inman purchased 2,873 shares of the stock in a transaction on Tuesday, August 11th. The shares were purchased at an average price of GBX 172 per share, with a total value of £4,941.56. 1.31% of the stock is owned by insiders.

About Marshalls

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.