Eurocell (LON:ECEL) Reaches New 1-Year High - Still a Buy?

Key Points

• Eurocell shares reached a new 52-week high, trading at GBX 145.50 before closing around GBX 144, up from the previous close of GBX 139.
• Analysts remain bullish: Berenberg reaffirmed a “Buy” rating with a GBX 240 target, while the consensus rating is “Buy” with an average target of GBX 210.
• Insiders purchased 69,871 shares worth approximately £8.99 million in the last quarter, though the company reported modest profitability with a 1.35% net margin and 5.51% return on equity.

Shares of Eurocell plc (LON:ECEL - Get Free Report) hit a new 52-week high on Monday. The stock traded as high as GBX 145.50 and last traded at GBX 144, with a volume of 543262 shares. The stock had previously closed at GBX 139.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 240 price target on shares of Eurocell in a research report on Thursday, September 3rd. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, Eurocell has an average rating of "Buy" and a consensus price target of GBX 210.

Eurocell Price Performance

The firm has a market capitalization of £142.39 million, a price-to-earnings ratio of 26.67 and a beta of 0.61. The company has a current ratio of 1.42, a quick ratio of 0.87 and a debt-to-equity ratio of 102.85. The business has a 50-day moving average price of GBX 121.98 and a two-hundred day moving average price of GBX 114.07.

Eurocell (LON:ECEL - Get Free Report) last issued its earnings results on Thursday, September 3rd. The company reported GBX 6.10 earnings per share for the quarter. Eurocell had a return on equity of 5.51% and a net margin of 1.35%. As a group, research analysts forecast that Eurocell plc will post 19.470852 EPS for the current year.

Insider Transactions at Eurocell

In other Eurocell news, insider Derek Mapp bought 16,304 shares of the business's stock in a transaction on Thursday, September 3rd. The shares were purchased at an average price of GBX 122 per share, with a total value of £19,890.88. Also, insider Will Truman purchased 28,076 shares of Eurocell stock in a transaction on Friday, September 18th. The shares were acquired at an average price of GBX 132 per share, with a total value of £37,060.32. Insiders have purchased 69,871 shares of company stock worth $8,985,457 in the last quarter. 4.66% of the stock is currently owned by corporate insiders.

About Eurocell

Eurocell plc engages in manufacture, distribution, and recycling of windows, doors, and roofline polyvinyl chloride (PVC) building products in the United Kingdom and the Republic of Ireland. The company operates through Profiles and Building Plastics segments. It also offers fascia and capping boards, finishing trims, soffit boards, ventilators, and accessories; decking, fencing, and balustrade. In addition, the company provides polycarbonate, roofing insulation and membrane, lightweight roofing and tiles, flashing, flat roofing, dry verge, roof lanterns and glazing, ladders, and access equipment; external and internal cladding; and sealants, adhesives, and cleaners.

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