IMI (LON:IMI) Insider Acquires 5 Shares of Stock

Key Points

• Insider purchase: IMI director Roy Twite bought 5 shares at GBX 3,090 each, for a total of £154.50. This follows two earlier purchases of 5 shares in July and August.
• Stock performance: IMI shares fell GBX 42 to GBX 3,052, while trading volume was well below average. The company has a £7.21 billion market capitalization and trades at a P/E ratio of 22.49.
• Analyst outlook: Five analysts rate IMI as a Buy and one as a Hold, producing a consensus “Moderate Buy” rating and an average price target of GBX 3,171.67.

IMI plc (LON:IMI - Get Free Report) insider Roy Twite purchased 5 shares of the firm's stock in a transaction that occurred on Tuesday, September 8th. The shares were acquired at an average price of GBX 3,090 per share, with a total value of £154.50.

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

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

IMI Stock Performance

Shares of LON:IMI traded down GBX 42 on Wednesday, reaching 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 52-week low of GBX 1,802.19 and a 52-week high of GBX 3,848. The stock has a market capitalization of £7.21 billion, a P/E ratio of 22.49, a PEG ratio of 1.12 and a beta of 1.04. The stock's 50-day moving average is GBX 3,002.94 and its two-hundred day moving average 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 - Get Free Report) last released 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%. As a group, sell-side analysts forecast that IMI plc will post 137.9737609 EPS for the current year.

Analyst Ratings Changes

Several research firms recently issued reports on IMI. Royal Bank Of Canada reissued a "sector perform" rating and set a GBX 2,850 price target on shares of IMI in a report on Friday, July 31st. Berenberg Bank reissued a "buy" rating and set a GBX 3,300 target price on shares of IMI in a research note on Wednesday, August 5th. JPMorgan Chase & Co. raised their price target on IMI from GBX 3,050 to GBX 3,300 and gave the company an "overweight" rating in a report on Wednesday, July 8th. Jefferies Financial Group restated a "buy" rating and issued a GBX 3,380 price target on shares of IMI in a research note on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on IMI from GBX 3,250 to GBX 3,440 and gave the stock a "buy" rating in a report on Monday, August 3rd. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target 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.

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