Marshalls (LON:MSLH) Hits New 52-Week Low - Here's What Happened

Key Points

• Marshalls plc shares hit a new 52-week low, trading as low as GBX 196.80 ($2.66) and closing at GBX 198.80 ($2.68) with a volume of 411,356 shares.
• Analyst ratings are mixed, with Deutsche Bank maintaining a "buy" rating and a GBX 420 price target, while Royal Bank of Canada lowered their target from GBX 370 to GBX 240.
• Insiders have recently purchased shares of Marshalls, indicating confidence in the company's future performance, with transactions occurring at an average price of GBX 203 to 206 per share.

Marshalls plc (LON:MSLH - Get Free Report) shares hit a new 52-week low on Wednesday . The stock traded as low as GBX 196.80 ($2.66) and last traded at GBX 198.80 ($2.68), with a volume of 411356 shares. The stock had previously closed at GBX 202 ($2.73).

Wall Street Analyst Weigh In

Several research firms recently issued reports on MSLH. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 420 ($5.67) price target on shares of Marshalls in a report on Monday, July 28th. Royal Bank Of Canada cut their price target on shares of Marshalls from GBX 370 ($5.00) to GBX 240 ($3.24) and set a "sector perform" rating for the company in a report on Monday, July 28th. Peel Hunt reissued a "buy" rating and set a GBX 290 ($3.92) price target on shares of Marshalls in a report on Friday, July 25th. Finally, Berenberg Bank reissued a "buy" rating and set a GBX 360 ($4.86) price target on shares of Marshalls in a report on Monday.

Marshalls Price Performance

The stock has a market capitalization of £494.05 million, a PE ratio of 22.94, a PEG ratio of 0.17 and a beta of 1.26. The company's 50 day simple moving average is GBX 250.14 and its 200 day simple moving average is GBX 256.56. The company has a current ratio of 1.86, a quick ratio of 1.34 and a debt-to-equity ratio of 33.19.

Marshalls (LON:MSLH - Get Free Report) last announced its quarterly earnings results on Monday, August 11th. The company reported GBX 6.60 ($0.09) earnings per share for the quarter. Marshalls had a net margin of 3.46% and a return on equity of 3.32%. On average, equities analysts anticipate that Marshalls plc will post 18.2342758 earnings per share for the current year.

Insider Buying and Selling at Marshalls

In other Marshalls news, insider Matt Pullen bought 7,734 shares of Marshalls stock in a transaction that occurred on Monday, August 11th. The shares were acquired at an average price of GBX 206 ($2.78) per share, for a total transaction of £15,932.04 ($21,509.44). Also, insider Justin Lockwood bought 5,000 shares of Marshalls stock in a transaction that occurred on Monday, August 11th. The shares were acquired at an average price of GBX 203 ($2.74) per share, for a total transaction of £10,150 ($13,703.25). Insiders own 2.73% 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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