Insider Buying: Mitchells & Butlers plc (LON:MAB) Insider Acquires 49 Shares of Stock

Mitchells & Butlers plc (LON:MAB - Get Free Report) insider Phil Urban bought 49 shares of the firm's stock in a transaction on Friday, June 20th. The stock was purchased at an average cost of GBX 279 ($3.75) per share, with a total value of £136.71 ($183.53).

Phil Urban also recently made the following trade(s):

• On Friday, May 23rd, Phil Urban bought 49 shares of Mitchells & Butlers stock. The stock was purchased at an average price of GBX 282 ($3.79) per share, for a total transaction of £138.18 ($185.50).
• On Friday, April 25th, Phil Urban purchased 58 shares of Mitchells & Butlers stock. The shares were purchased at an average cost of GBX 238 ($3.20) per share, with a total value of £138.04 ($185.31).
• On Friday, March 28th, Phil Urban acquired 64 shares of Mitchells & Butlers stock. The stock was purchased at an average price of GBX 216 ($2.90) per share, with a total value of £138.24 ($185.58).

Mitchells & Butlers Stock Performance

Shares of Mitchells & Butlers stock traded up GBX 2.50 ($0.03) during trading on Monday, hitting GBX 284 ($3.81). 6,780,964 shares of the company's stock traded hands, compared to its average volume of 717,306. Mitchells & Butlers plc has a 1 year low of GBX 194.40 ($2.61) and a 1 year high of GBX 320 ($4.30). The business has a 50-day simple moving average of GBX 267.73 and a 200-day simple moving average of GBX 243.35. The stock has a market capitalization of £1.68 billion, a P/E ratio of 37.61, a PEG ratio of 2.76 and a beta of 1.71. The company has a debt-to-equity ratio of 63.56, a current ratio of 0.46 and a quick ratio of 0.46.

Mitchells & Butlers (LON:MAB - Get Free Report) last issued its earnings results on Thursday, May 22nd. The company reported GBX 16.80 ($0.23) earnings per share (EPS) for the quarter. Mitchells & Butlers had a net margin of 1.72% and a return on equity of 1.89%. As a group, analysts forecast that Mitchells & Butlers plc will post 26.6341463 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a "buy" rating on shares of Mitchells & Butlers in a research note on Thursday, May 22nd.

About Mitchells & Butlers

Mitchells & Butlers is a leading operator of managed restaurants and pubs in the UK. It listed on the London Stock Exchange in April 2003 and is a member of the FTSE 250. Its restaurants and pubs have some of the highest average sales and profits per site in the industry and it operates the best portfolio of brands in the UK.

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