Johnson Matthey (LON:JMAT) Insider Alastair Judge Buys 12 Shares

Key Points

• Insider buying: Johnson Matthey insider Alastair Judge purchased 12 shares at GBX 2,193 each, worth £263.16. He has also bought shares in June and July.
• Stock performance: JMAT fell 1.0% to GBX 2,190, with a market capitalization of approximately £3.68 billion. The shares remain below their one-year high of GBX 2,434.
• Analyst outlook: Analysts give Johnson Matthey an overall “Moderate Buy” rating, with four Buy ratings and two Holds and an average price target of GBX 2,283.33.

Johnson Matthey PLC (LON:JMAT - Get Free Report) insider Alastair Judge purchased 12 shares of the company's stock in a transaction that occurred on Wednesday, August 12th. The shares were purchased at an average cost of GBX 2,193 per share, for a total transaction of £263.16.

Alastair Judge also recently made the following trade(s):

• On Friday, July 10th, Alastair Judge purchased 12 shares of Johnson Matthey stock. The stock was acquired at an average cost of GBX 1,909 per share, with a total value of £229.08.
• On Wednesday, June 10th, Alastair Judge bought 14 shares of Johnson Matthey stock. The shares were acquired at an average cost of GBX 1,990 per share, with a total value of £278.60.

Johnson Matthey Stock Down 1.0%

JMAT traded down GBX 22 during midday trading on Thursday, reaching GBX 2,190. 417,565 shares of the company were exchanged, compared to its average volume of 2,430,549. The company's fifty day moving average price is GBX 2,015.71 and its 200 day moving average price is GBX 2,063.89. The company has a market cap of £3.68 billion, a price-to-earnings ratio of -38.29, a price-to-earnings-growth ratio of 49,242.50 and a beta of 0.94. The company has a debt-to-equity ratio of 69.69, a quick ratio of 0.76 and a current ratio of 1.56. Johnson Matthey PLC has a one year low of GBX 1,731.83 and a one year high of GBX 2,434.

Johnson Matthey (LON:JMAT - Get Free Report) last released its quarterly earnings results on Thursday, May 28th. The company reported GBX 128.50 earnings per share for the quarter. Johnson Matthey had a negative net margin of 0.76% and a negative return on equity of 4.66%. The company had revenue of GBX 1,257.30 billion for the quarter. As a group, analysts expect that Johnson Matthey PLC will post 173.4112903 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on JMAT shares. Berenberg Bank lifted their price target on shares of Johnson Matthey from GBX 2,100 to GBX 2,300 and gave the stock a "buy" rating in a report on Monday, June 1st. UBS Group reiterated a "neutral" rating and issued a GBX 2,200 target price on shares of Johnson Matthey in a research note on Friday, May 22nd. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 2,400 price objective on shares of Johnson Matthey in a research report on Monday, July 6th. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 2,330 price target on shares of Johnson Matthey in a research note on Tuesday, August 4th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of GBX 2,283.33.

About Johnson Matthey

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, they improve the function, performance and safety of their customers' products. Their science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet's natural resources. Today more than 13,000 Johnson Matthey professionals collaborate with their network of customers and partners to make a real difference to the world around us.

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