Marshalls (LON:MSLH) Shares Down 2.2% - Time to Sell?

Key Points

• Marshalls shares fell 2.2% to GBX 176, with trading volume about 60% below the average session level.
• Analyst sentiment remains positive overall, with a “Moderate Buy” consensus and an average target price of GBX 260. However, RBC cut its target from GBX 195 to GBX 170, while Peel Hunt maintained a “Buy” rating with a GBX 250 target.
• Recent insider buying provided a positive signal: insiders purchased 568,762 shares worth approximately £85.3 million during the last quarter, including a 547,000-share purchase by Justin Lockwood.

Shares of Marshalls plc (LON:MSLH - Get Free Report) were down 2.2% during trading on Monday . The company traded as low as GBX 166.10 and last traded at GBX 176. Approximately 2,430,470 shares traded hands during trading, a decline of 60% from the average session volume of 6,047,098 shares. The stock had previously closed at GBX 180.04.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on MSLH shares. Royal Bank Of Canada lowered their price objective on shares of Marshalls from GBX 195 to GBX 170 and set a "sector perform" rating on the stock in a research note on Wednesday, April 22nd. Peel Hunt restated a "buy" rating and issued a GBX 250 price target on shares of Marshalls in a research report on Monday. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of GBX 260.

Marshalls Stock Down 2.2%

The stock has a market capitalization of £445.08 million, a P/E ratio of 31.43, a P/E/G ratio of 0.17 and a beta of 1.27. The company has a current ratio of 1.78, a quick ratio of 1.34 and a debt-to-equity ratio of 27.74. The firm's fifty day moving average is GBX 147.84 and its 200-day moving average is GBX 149.57.

Marshalls (LON:MSLH - Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The company reported GBX 7.30 EPS for the quarter. Marshalls had a net margin of 2.28% and a return on equity of 2.17%. As a group, equities research analysts predict that Marshalls plc will post 18.2342758 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Paul Inman acquired 3,940 shares of the firm's stock in a transaction on Wednesday, May 13th. The shares were purchased at an average cost of GBX 125 per share, for a total transaction of £4,925. Also, insider Justin Lockwood bought 547,000 shares of the stock in a transaction dated Thursday, July 2nd. The stock was purchased at an average cost of GBX 151 per share, with a total value of £825,970. In the last quarter, insiders have bought 568,762 shares of company stock valued at $85,342,894. 1.10% 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. This is underpinned by business wide enterprise excellence, leadership in ESG governance and standards and its people, organisation, and culture.

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