Marshalls (LON:MSLH) Hits New 12-Month Low - Here's Why

Key Points

• Marshalls plc hit a new 52-week low at GBX 176.80 ($2.39), with stock trading volumes reaching 597,870 shares.
• Analysts have mixed opinions on Marshalls, with Berenberg Bank maintaining a "buy" rating and a target price of GBX 360, while Royal Bank of Canada reduced its target from GBX 370 to 240.
• Insiders have recently purchased shares, indicating confidence; notable transactions included Matt Pullen buying 7,734 shares and Justin Lockwood buying 5,000 shares at average prices around GBX 203-206.

Marshalls plc (LON:MSLH - Get Free Report) hit a new 52-week low on Monday . The stock traded as low as GBX 176.80 ($2.39) and last traded at GBX 177.80 ($2.40), with a volume of 597870 shares traded. The stock had previously closed at GBX 178.60 ($2.41).

Analyst Upgrades and Downgrades

MSLH has been the topic of several analyst reports. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 360 target price on shares of Marshalls in a research report on Monday, August 11th. Royal Bank Of Canada dropped their target price on Marshalls from GBX 370 to GBX 240 and set a "sector perform" rating on the stock in a research report on Monday, July 28th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 420 target price on shares of Marshalls in a research report on Monday, July 28th. Finally, Peel Hunt reaffirmed a "buy" rating and issued a GBX 290 target price on shares of Marshalls in a research report on Friday, July 25th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Marshalls presently has an average rating of "Moderate Buy" and a consensus target price of GBX 327.50.

Marshalls Stock Performance

The company has a 50 day moving average price of GBX 228.29 and a 200-day moving average price of GBX 250.27. The company has a market cap of £449.57 million, a P/E ratio of 1,457.38, a PEG ratio of 0.17 and a beta of 1.26. The company has a quick ratio of 1.34, a current ratio of 1.86 and a debt-to-equity ratio of 33.19.

Marshalls (LON:MSLH - Get Free Report) last announced its earnings results on Monday, August 11th. The company reported GBX 6.60 earnings per share for the quarter. Marshalls had a return on equity of 3.32% and a net margin of 3.46%. Equities analysts expect that Marshalls plc will post 18.2342758 EPS for the current fiscal year.

Insider Activity

In other news, insider Matt Pullen bought 7,734 shares of the firm's stock in a transaction that occurred on Monday, August 11th. The stock was acquired at an average price of GBX 206 per share, with a total value of £15,932.04. Also, insider Justin Lockwood bought 5,000 shares of the firm's stock in a transaction that occurred on Monday, August 11th. The shares were purchased at an average cost of GBX 203 per share, with a total value of £10,150. Company insiders own 1.05% of the company's stock.

About Marshalls

Established in the late 1880s, Marshalls plc is a leading UK manufacturer of sustainable solutions for the built environment. It operates through three trading divisions: Landscape Products; Roofing Products; and Building Products. At a Group, divisional and brand level, Marshalls' strategy centres around its customers who value its unique set of capabilities, namely leading brands, best in class technical and design support and carbon leadership.

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