Ibstock plc (LON:IBST - Get Free Report) shares reached a new 52-week low on Thursday . The company traded as low as GBX 135.20 ($1.83) and last traded at GBX 139.40 ($1.89), with a volume of 156845 shares trading hands. The stock had previously closed at GBX 138.40 ($1.87).
Analyst Upgrades and Downgrades
Several research firms recently commented on IBST. Berenberg Bank reaffirmed a "hold" rating and issued a GBX 200 price objective on shares of Ibstock in a report on Monday, August 11th. Jefferies Financial Group lowered their target price on shares of Ibstock from GBX 190 to GBX 188 and set a "buy" rating on the stock in a research note on Friday, August 8th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Ibstock from GBX 220 to GBX 210 and set a "buy" rating on the stock in a research note on Thursday, August 7th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of GBX 199.33.
Check Out Our Latest Report on IBST
Ibstock Stock Performance
The company has a current ratio of 1.37, a quick ratio of 1.19 and a debt-to-equity ratio of 46.91. The company's fifty day moving average is GBX 147.22 and its 200 day moving average is GBX 164.94. The company has a market cap of £524.90 million, a P/E ratio of 3,500.00, a price-to-earnings-growth ratio of 0.47 and a beta of 1.34.
Ibstock (LON:IBST - Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The company reported GBX 3 earnings per share (EPS) for the quarter. Ibstock had a net margin of 2.01% and a return on equity of 1.83%. As a group, equities analysts predict that Ibstock plc will post 11.0089552 earnings per share for the current fiscal year.
Insider Buying and Selling at Ibstock
In other Ibstock news, insider Richard Akers purchased 100,000 shares of the stock in a transaction that occurred on Thursday, June 19th. The stock was bought at an average cost of GBX 155 per share, with a total value of £155,000. Insiders own 2.26% of the company's stock.
About Ibstock
(
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Ibstock plc manufactures and sells clay and concrete building products and solutions to customers in the residential construction sector in the United Kingdom. The company offers bricks and masonry, which includes facing and engineering bricks, brick slips, special shaped bricks, walling stone, architectural masonry, prefabricated components, eco-habitats, and padstones and lintels, as well as façade systems; roofing products comprising roof tiles and accessories, and chimneys; and flooring and lintels, such as beam and block flooring, insulated flooring, hollowcore, and screed rails.
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