Roy Twite Acquires 5 Shares of IMI (LON:IMI) Stock

IMI plc (LON:IMI) insider Roy Twite acquired 5 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The shares were bought at an average cost of GBX 3,090 per share, for a total transaction of £154.50.

Roy Twite also recently made the following trade(s):

• On Tuesday, August 11th, Roy Twite purchased 5 shares of IMI stock. The shares were purchased at an average cost of GBX 3,098 per share, for a total transaction of £154.90.
• On Tuesday, July 14th, Roy Twite bought 5 shares of IMI stock. The stock was purchased at an average cost of GBX 2,826 per share, with a total value of £141.30.

IMI Trading Down 1.4%

IMI traded down GBX 42 during trading on Wednesday, hitting GBX 3,052. The company’s stock had a trading volume of 523,813 shares, compared to its average volume of 8,655,599. IMI plc has a twelve month low of GBX 1,802.19 and a twelve month high of GBX 3,848. The stock has a market cap of £7.21 billion, a PE ratio of 22.49, a PEG ratio of 1.12 and a beta of 1.04. The firm’s 50 day moving average price is GBX 3,002.94 and its 200-day moving average price is GBX 2,863.51. The company has a debt-to-equity ratio of 80.30, a current ratio of 1.30 and a quick ratio of 0.80.

IMI (LON:IMI) last issued its quarterly earnings results on Friday, July 31st. The company reported GBX 63.40 earnings per share (EPS) for the quarter. IMI had a return on equity of 32.41% and a net margin of 14.09%. On average, analysts expect that IMI plc will post 137.9737609 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts recently weighed in on IMI shares. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 3,300 price objective on shares of IMI in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft increased their price objective on IMI from GBX 3,250 to GBX 3,440 and gave the company a “buy” rating in a research report on Monday, August 3rd. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 2,850 price objective on shares of IMI in a research note on Friday, July 31st. Jefferies Financial Group reissued a “buy” rating and issued a GBX 3,380 target price on shares of IMI in a research note on Friday, July 31st. Finally, JPMorgan Chase & Co. raised their price target on shares of IMI from GBX 3,050 to GBX 3,300 and gave the stock an “overweight” rating in a research note on Wednesday, July 8th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 3,171.67.

IMI Company Profile

IMI is a global leader in fluid and motion control, engineering bespoke solutions that enhance safety, productivity and sustainability across critical industries in energy, automation and healthcare. We work in close partnership with customers to design, build and service high-performance valves, actuators and control systems that solve complex engineering challenges.

Our solutions are a small part of our customers’ systems – but they play a critical role in how those systems perform. By combining deep technical expertise with real customer insight, we deliver solutions that are precisely engineered for impact.

Through our One IMI model, we combine commercial excellence, market-led innovation and continuous improvement to scale what works across the business.