Marshalls (LON:MSLH) Stock Price Up 11.3% - What's Next?

Key Points

• Marshalls shares surged 11.3% to GBX 171.41 in mid-day trading, with approximately 4.82 million shares changing hands.
• Analyst sentiment remains positive, with three Buy ratings and one Hold rating, producing a “Moderate Buy” consensus and an average price target of GBX 255.75.
• Company insiders recently bought shares, including a £825,970 purchase by Justin Lockwood, while Marshalls reported quarterly EPS of GBX 7.30 and maintains a 3.18% net margin.

Marshalls plc (LON:MSLH - Get Free Report) shot up 11.3% during mid-day trading on Monday. The company traded as high as GBX 178 and last traded at GBX 171.41. 4,816,612 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 5,253,061 shares. The stock had previously closed at GBX 154.

Analyst Ratings Changes

Several research analysts have recently commented on MSLH shares. Royal Bank Of Canada lowered their target price on shares of Marshalls from GBX 170 to GBX 165 and set a "sector perform" rating on the stock in a report on Tuesday, August 11th. Berenberg Bank reiterated a "buy" rating and issued a GBX 360 price target on shares of Marshalls in a research note on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 248 price target on shares of Marshalls in a research note on Tuesday, August 11th. Finally, Peel Hunt reissued a "buy" rating and set a GBX 250 price target on shares of Marshalls in a research report on Monday, August 10th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Marshalls presently has a consensus rating of "Moderate Buy" and an average price target of GBX 255.75.

Marshalls Price Performance

The stock has a market cap of £447.87 million, a P/E ratio of 22.14, a PEG ratio of 0.17 and a beta of 1.28. The company has a debt-to-equity ratio of 27.09, a current ratio of 1.80 and a quick ratio of 1.34. The business's fifty day moving average price is GBX 160.64 and its 200 day moving average price is GBX 147.89.

Marshalls (LON:MSLH - Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The company reported GBX 7.30 earnings per share (EPS) for the quarter. Marshalls had a net margin of 3.18% and a return on equity of 3.79%. Sell-side analysts forecast that Marshalls plc will post 18.2342758 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Justin Lockwood purchased 547,000 shares of the stock in a transaction dated Thursday, July 2nd. The stock was bought at an average cost of GBX 151 per share, for a total transaction of £825,970. Also, insider Paul Inman purchased 2,873 shares of the company's stock in a transaction dated Tuesday, August 11th. The stock was purchased at an average price of GBX 172 per share, with a total value of £4,941.56. Company insiders own 1.31% 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. This is underpinned by business wide enterprise excellence, leadership in ESG governance and standards and its people, organisation, and culture.

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