Marshalls (LON:MSLH) Reaches New 52-Week Low - Here's Why

Key Points

• Marshalls plc's stock price hit a new 52-week low of GBX 169.73 ($2.29) during trading on Monday, reflecting a decline of 2.4% from its previous close.
• Equities analysts have mixed reviews, with one Hold rating and three Buy ratings, and an average price target of GBX 327.50 despite recent price cuts from some firms.
• Insiders have shown confidence in the company by purchasing shares, with Justin Lockwood buying 5,000 shares and Matt Pullen acquiring 7,734 shares at prices around GBX 203-206.

Marshalls plc (LON:MSLH - Get Free Report)'s stock price reached a new 52-week low on Monday . The company traded as low as GBX 169.73 ($2.29) and last traded at GBX 170.20 ($2.30), with a volume of 664857 shares traded. The stock had previously closed at GBX 174.40 ($2.36).

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on MSLH shares. 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. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 420 price target on shares of Marshalls in a research note on Monday, July 28th. Berenberg Bank reiterated a "buy" rating and issued a GBX 360 price target on shares of Marshalls in a research note on Monday, September 8th. Finally, Royal Bank Of Canada lowered their target price on shares of Marshalls from GBX 370 to GBX 240 and set a "sector perform" rating on the stock in a research note on Monday, July 28th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Marshalls currently has an average rating of "Moderate Buy" and a consensus price target of GBX 327.50.

Marshalls Stock Up 1.6%

The company's fifty day moving average is GBX 199.38 and its 200-day moving average is GBX 242.10. The company has a market capitalization of £437.43 million, a PE ratio of 1,840.43, a price-to-earnings-growth ratio of 0.17 and a beta of 1.26. The company has a debt-to-equity ratio of 33.19, a quick ratio of 1.34 and a current ratio of 1.86.

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

Insider Buying and Selling at Marshalls

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