John Christopher Morgan Sells 28,458 Shares of Morgan Sindall Group (LON:MGNS) Stock

Key Points

• John Christopher Morgan, an insider at Morgan Sindall Group, sold 28,458 shares of the company's stock for a total of £1,408,671 at an average price of GBX 4,950.
• The stock's current price was GBX 4,775 with a market capitalization of £2.24 billion, while analysts have set a consensus rating of "Buy" and a target price of approximately GBX 5,016.67.
• Morgan Sindall Group reported an annual revenue of £4.5 billion for the full year 2024 and operates across various sectors, employing over 8,000 people.

Morgan Sindall Group plc (LON:MGNS - Get Free Report) insider John Christopher Morgan sold 28,458 shares of the business's stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of GBX 4,950, for a total transaction of £1,408,671.

Morgan Sindall Group Stock Performance

MGNS stock traded up GBX 5 during trading on Monday, hitting GBX 4,775. 53,565 shares of the company's stock traded hands, compared to its average volume of 162,236. The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 18.51. Morgan Sindall Group plc has a 52 week low of GBX 2,900 and a 52 week high of GBX 4,995. The stock has a fifty day moving average price of GBX 4,436.15 and a two-hundred day moving average price of GBX 4,137.75. The stock has a market capitalization of £2.24 billion, a price-to-earnings ratio of 15.36, a price-to-earnings-growth ratio of -68.20 and a beta of 1.31.

Morgan Sindall Group (LON:MGNS - Get Free Report) last released its earnings results on Tuesday, July 29th. The company reported GBX 153.10 earnings per share for the quarter. Morgan Sindall Group had a net margin of 2.82% and a return on equity of 21.60%. As a group, equities analysts anticipate that Morgan Sindall Group plc will post 238.9649924 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Berenberg Bank upped their price target on shares of Morgan Sindall Group from GBX 5,000 to GBX 5,250 and gave the stock a "buy" rating in a research report on Thursday, October 2nd. Peel Hunt restated an "add" rating and set a GBX 4,800 price target on shares of Morgan Sindall Group in a research report on Tuesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of Morgan Sindall Group from GBX 4,600 to GBX 5,000 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of GBX 5,016.67.

About Morgan Sindall Group

Morgan Sindall Group plc, the Partnerships, Fit Out and Construction Services Group, reported an annual revenue of £4.5bn in the full year 2024. The Group employs over 8,000 employees and operates in the public, regulated and private sectors. It reports through six divisions of Partnership Housing, Mixed Use Partnerships, Fit Out, Construction, Infrastructure and Property Services.

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