Marshalls (LON:MSLH) Reaches New 1-Year Low - Here's What Happened

Key Points

• Reached a new 52-week low — Marshalls traded as low as GBX 133.30 and last at GBX 135.10 (down about 6.1%) on heavy volume (~1.89 million shares).
• Analysts are mixed but generally positive: the consensus is a Moderate Buy with a mean target of GBX 316.25, Berenberg reiterated a GBX 360 buy target while RBC trimmed its target to GBX 195 with a "sector perform".
• Fundamentals and insider activity: market cap ~£341.6m, P/E 24.13, low net margin (2.28%) and ROE 2.17%, and insider Justin Lockwood purchased 260,000 shares at GBX 181 (insiders own 1.17%).

Marshalls plc (LON:MSLH - Get Free Report) reached a new 52-week low on Tuesday . The company traded as low as GBX 133.30 and last traded at GBX 135.10, with a volume of 1889563 shares. The stock had previously closed at GBX 143.80.

Wall Street Analyst Weigh In

MSLH has been the subject of a number of analyst reports. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 360 price target on shares of Marshalls in a report on Monday, March 16th. Royal Bank Of Canada dropped their price target on Marshalls from GBX 240 to GBX 195 and set a "sector perform" rating for the company in a research report on Tuesday, January 20th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Marshalls has an average rating of "Moderate Buy" and a consensus target price of GBX 316.25.

Marshalls Stock Down 6.1%

The company has a quick ratio of 1.34, a current ratio of 1.78 and a debt-to-equity ratio of 27.74. The business has a 50-day moving average price of GBX 158.80 and a 200-day moving average price of GBX 168.50. The firm has a market capitalization of £341.60 million, a PE ratio of 24.13, a price-to-earnings-growth ratio of 0.17 and a beta of 1.30.

Marshalls (LON:MSLH - Get Free Report) last issued its quarterly earnings data on Monday, March 16th. The company reported GBX 13.40 earnings per share for the quarter. Marshalls had a return on equity of 2.17% and a net margin of 2.28%. Equities research analysts forecast that Marshalls plc will post 18.2342758 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, insider Justin Lockwood purchased 260,000 shares of the firm's stock in a transaction on Friday, February 13th. The shares were bought at an average cost of GBX 181 per share, for a total transaction of £470,600. 1.17% of the stock is owned by company insiders.

Marshalls Company Profile

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. This is underpinned by business wide enterprise excellence, leadership in ESG governance and standards and its people, organisation, and culture.

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