Marshalls (LON:MSLH) Sets New 52-Week Low - Time to Sell?

Key Points

• Marshalls plc reached a new 52-week low of GBX 169.80 during trading, closing slightly higher at GBX 173.60, amid a trading volume of nearly 1.82 million shares.
• Several analysts have revised price targets for Marshalls, with Royal Bank of Canada decreasing their target to GBX 240, while Deutsche Bank maintained a bullish outlook with a target of GBX 420.
• Insider trading activity showed confidence as two insiders purchased shares at an average price around GBX 206 in early August.

Marshalls plc (LON:MSLH - Get Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as GBX 169.80 ($2.30) and last traded at GBX 173.60 ($2.35), with a volume of 1816992 shares trading hands. The stock had previously closed at GBX 171.80 ($2.33).

Analysts Set New Price Targets

Several research analysts have recently weighed in on MSLH shares. Royal Bank Of Canada decreased their price target on shares of Marshalls from GBX 370 to GBX 240 and set a "sector perform" rating on the stock in a report on Monday, July 28th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 420 price target on shares of Marshalls in a research note on Monday, July 28th. Berenberg Bank reissued a "buy" rating and set a GBX 360 price objective on shares of Marshalls in a research report on Monday. Finally, Peel Hunt reiterated a "buy" rating and set a GBX 290 price objective on shares of Marshalls in a research report on Friday, July 25th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, Marshalls has an average rating of "Moderate Buy" and an average target price of GBX 327.50.

Marshalls Price Performance

The company has a quick ratio of 1.34, a current ratio of 1.86 and a debt-to-equity ratio of 33.19. The stock has a 50-day moving average price of GBX 213.43 and a 200 day moving average price of GBX 246.01. The firm has a market capitalization of £438.95 million, a PE ratio of 1,846.81, a PEG ratio of 0.17 and a beta of 1.26.

Marshalls (LON:MSLH - Get Free Report) last released its quarterly 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 forecast 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 acquired 7,734 shares of the stock in a transaction on Monday, August 11th. The stock was bought at an average price of GBX 206 per share, with a total value of £15,932.04. Also, insider Justin Lockwood acquired 5,000 shares of the stock in a transaction that occurred on Monday, August 11th. The stock was 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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