Melrose Industries PLC (LON:MRO - Get Free Report) insider Guy Hachey purchased 27,000 shares of Melrose Industries stock in a transaction dated Tuesday, September 9th. The shares were bought at an average price of GBX 611 per share, with a total value of £164,970.
Melrose Industries Stock Performance
LON MRO traded up GBX 0.80 during trading hours on Monday, hitting GBX 595.20. The company's stock had a trading volume of 5,656,313 shares, compared to its average volume of 12,701,079. Melrose Industries PLC has a 12 month low of GBX 376 and a 12 month high of GBX 682.60. The company's 50 day simple moving average is GBX 564.37 and its two-hundred day simple moving average is GBX 509.31. The company has a market cap of £7.53 billion, a P/E ratio of 2,419.51, a price-to-earnings-growth ratio of 0.48 and a beta of 1.51. The company has a debt-to-equity ratio of 44.03, a current ratio of 0.86 and a quick ratio of 0.45.
Melrose Industries (LON:MRO - Get Free Report) last released its quarterly earnings data on Friday, August 1st. The company reported GBX 15.20 EPS for the quarter. Melrose Industries had a negative return on equity of 1.18% and a negative net margin of 1.13%. As a group, sell-side analysts expect that Melrose Industries PLC will post 33.9741641 EPS for the current fiscal year.
Analyst Ratings Changes
Several equities research analysts recently commented on the company. JPMorgan Chase & Co. reiterated an "overweight" rating and issued a GBX 600 price objective on shares of Melrose Industries in a report on Wednesday, July 2nd. Deutsche Bank Aktiengesellschaft lifted their price objective on Melrose Industries from GBX 585 to GBX 620 and gave the stock a "hold" rating in a report on Monday, September 8th. Royal Bank Of Canada restated an "outperform" rating and set a GBX 650 price target on shares of Melrose Industries in a research note on Friday, August 1st. Finally, Peel Hunt restated a "buy" rating and set a GBX 750 price target on shares of Melrose Industries in a research note on Friday, August 1st. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of GBX 655.
Get Our Latest Analysis on MRO
Melrose Industries Company Profile
(
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Melrose Industries PLC, together with its subsidiaries, provides aerospace components and systems to civil and defence markets in the United Kingdom, rest of Europe, North America, and internationally. The company operates through two segments, Engines and Structures. The Engines segment offers structural engineered components; parts repair; and commercial and aftermarket contracts to engines original equipment manufacturers.
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