Macfarlane Group PLC (LON:MACF - Get Free Report)'s share price reached a new 52-week low on Friday . The stock traded as low as GBX 88 ($1.18) and last traded at GBX 88 ($1.18), with a volume of 193527 shares. The stock had previously closed at GBX 89 ($1.20).
Analyst Ratings Changes
Several research firms have recently weighed in on MACF. Berenberg Bank lowered their price objective on shares of Macfarlane Group from GBX 135 to GBX 120 and set a "buy" rating on the stock in a research note on Tuesday, September 2nd. Shore Capital reiterated a "house stock" rating on shares of Macfarlane Group in a research note on Thursday, August 28th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of GBX 120.
View Our Latest Analysis on MACF
Macfarlane Group Stock Performance
The company has a debt-to-equity ratio of 44.58, a current ratio of 1.20 and a quick ratio of 0.79. The company's 50-day moving average price is GBX 93.47 and its two-hundred day moving average price is GBX 102.06. The company has a market capitalization of £139.12 million, a price-to-earnings ratio of 1,168.66 and a beta of 0.68.
Macfarlane Group (LON:MACF - Get Free Report) last posted its quarterly earnings data on Thursday, August 28th. The company reported GBX 2.32 earnings per share for the quarter. Macfarlane Group had a net margin of 5.47% and a return on equity of 12.67%. On average, equities research analysts anticipate that Macfarlane Group PLC will post 7.4677529 EPS for the current fiscal year.
Insider Transactions at Macfarlane Group
In related news, insider David Stirling bought 15,900 shares of the business's stock in a transaction that occurred on Monday, September 8th. The shares were acquired at an average cost of GBX 94 per share, with a total value of £14,946. 2.39% of the stock is currently owned by corporate insiders.
About Macfarlane Group
(
Get Free Report)
Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products to businesses in the United Kingdom and Europe. The company operates through Packaging Distribution and Manufacturing Operations segments. The Packaging Distribution segment distributes packaging materials in the United Kingdom, Ireland, and Europe.
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