Elementis (LON:ELM) Stock: Insider Trudy Schoolenberg Purchases 15,000 Shares

Key Points

• Insider purchase: Trudy Schoolenberg bought 15,000 Elementis shares at GBX 190 each, investing £28,500.
• Stock performance: Elementis shares rose 1.5% to GBX 190, near the company’s 12-month high of GBX 195.40. The company has a £1.07 billion market capitalization and reported quarterly EPS of GBX 8.60.
• Analyst outlook: Analysts maintain a broadly positive view, with four Buy ratings and one Hold rating. The consensus rating is “Moderate Buy,” with an average price target of GBX 206.

Elementis plc (LON:ELM - Get Free Report) insider Trudy Schoolenberg bought 15,000 shares of the firm's stock in a transaction that occurred on Monday, November 2nd. The shares were purchased at an average cost of GBX 190 per share, with a total value of £28,500.

Elementis Stock Up 1.5%

Shares of ELM stock traded up GBX 2.80 on Monday, reaching GBX 190. 577,002 shares of the company's stock traded hands, compared to its average volume of 3,550,970. The company has a debt-to-equity ratio of 39.91, a quick ratio of 1.16 and a current ratio of 2.27. Elementis plc has a 12-month low of GBX 136 and a 12-month high of GBX 195.40. The business's 50 day moving average price is GBX 178.13 and its two-hundred day moving average price is GBX 164.37. The company has a market capitalization of £1.07 billion, a P/E ratio of 15.08, a price-to-earnings-growth ratio of 3.05 and a beta of 0.93.

Elementis (LON:ELM - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported GBX 8.60 earnings per share for the quarter. Elementis had a net margin of 12.16% and a return on equity of 11.29%. On average, equities analysts forecast that Elementis plc will post 9.50 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on ELM shares. Deutsche Bank Aktiengesellschaft raised shares of Elementis to a "buy" rating and boosted their price target for the stock from GBX 215 to GBX 220 in a research note on Thursday. Berenberg Bank boosted their price objective on Elementis from GBX 195 to GBX 220 and gave the stock a "buy" rating in a research report on Friday, July 31st. Jefferies Financial Group reiterated a "buy" rating and set a GBX 210 price target on shares of Elementis in a report on Wednesday, October 28th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Elementis from GBX 186 to GBX 190 and gave the stock a "neutral" rating in a report on Wednesday, August 12th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, Elementis presently has a consensus rating of "Moderate Buy" and an average target price of GBX 206.

Elementis Company Profile

Elementis is a global specialty chemicals company listed on the London Stock Exchange. The Group employs c.1,000 across 20 global locations. As recognised innovation leaders with deep expertise in rheology (the science of flow), and formulation solutions, we develop distinctive solutions and products to improve performance, achieve smoother production, and enhance sustainability credentials for customers across a range of industries. The Group also owns and operates the largest high-quality hectorite mine in the world.

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