Marshalls (LON:MSLH) Reaches New 12-Month Low - What's Next?

Key Points

• Marshalls plc shares hit a new 52-week low at GBX 161.80 ($2.17) during trading, reflecting a recent decline in stock performance.
• Despite the current low share price, analysts maintain a moderate buy rating on Marshalls, with price targets ranging from GBX 240 to GBX 420.
• Recent insider transactions indicate confidence in the company's future, with two executives purchasing shares at prices around GBX 203 to GBX 206.

Shares of Marshalls plc (LON:MSLH - Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 161.80 ($2.17) and last traded at GBX 163.60 ($2.19), with a volume of 2282324 shares. The stock had previously closed at GBX 167 ($2.24).

Wall Street Analysts Forecast Growth

MSLH has been the subject of a number of research analyst reports. Peel Hunt reissued a "buy" rating and set a GBX 290 target price on shares of Marshalls in a report on Friday, July 25th. Berenberg Bank restated a "buy" rating and issued a GBX 360 price target on shares of Marshalls in a research report on Monday, September 8th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 420 price target on shares of Marshalls in a research report on Monday, July 28th. Finally, Royal Bank Of Canada dropped their price target on Marshalls from GBX 370 to GBX 240 and set a "sector perform" rating for the company in a research report on Monday, July 28th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of GBX 327.50.

Marshalls Trading Down 2.0%

The company's 50-day moving average price is GBX 179.96 and its 200-day moving average price is GBX 233.78. The company has a debt-to-equity ratio of 33.19, a quick ratio of 1.34 and a current ratio of 1.86. The firm has a market capitalization of £413.67 million, a PE ratio of 1,740.43, a PEG ratio of 0.17 and a beta of 1.26.

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

Insider Transactions at Marshalls

In other Marshalls news, insider Justin Lockwood purchased 5,000 shares of Marshalls stock in a transaction on Monday, August 11th. The shares were bought at an average price of GBX 203 per share, with a total value of £10,150. Also, insider Matt Pullen purchased 7,734 shares of Marshalls stock in a transaction on Monday, August 11th. The stock was acquired at an average cost of GBX 206 per share, for a total transaction of £15,932.04. 1.05% of the stock is currently owned by corporate 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.

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