Liam Condon Acquires 12 Shares of Johnson Matthey (LON:JMAT) Stock

Johnson Matthey PLC (LON:JMAT) insider Liam Condon purchased 12 shares of the company’s stock in a transaction dated Wednesday, June 10th. The shares were bought at an average price of GBX 1,990 per share, for a total transaction of £238.80.

Liam Condon also recently made the following trade(s):

• On Monday, June 1st, Liam Condon acquired 4,500 shares of Johnson Matthey stock. The shares were acquired at an average price of GBX 2,127 per share, with a total value of £95,715.
• On Wednesday, April 15th, Liam Condon acquired 12 shares of Johnson Matthey stock. The shares were acquired at an average price of GBX 2,022 per share, with a total value of £242.64.

Johnson Matthey Price Performance

LON JMAT traded up GBX 16 on Monday, reaching GBX 2,082. 33,354,254 shares of the stock traded hands, compared to its average volume of 2,908,089. The firm’s fifty day simple moving average is GBX 2,079.08 and its 200 day simple moving average is GBX 2,108.85. The company has a quick ratio of 0.76, a current ratio of 1.56 and a debt-to-equity ratio of 69.69. The company has a market cap of £3.49 billion, a price-to-earnings ratio of -36.40, a P/E/G ratio of 49,242.50 and a beta of 0.93. Johnson Matthey PLC has a 12 month low of GBX 1,674 and a 12 month high of GBX 2,434.

Johnson Matthey (LON:JMAT) last issued its quarterly earnings results on Thursday, May 28th. The company reported GBX 128.50 earnings per share (EPS) for the quarter. Johnson Matthey had a negative return on equity of 4.66% and a negative net margin of 0.76%.The firm had revenue of GBX 1,257.30 billion during the quarter. As a group, research analysts predict that Johnson Matthey PLC will post 173.4112903 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on JMAT shares. Deutsche Bank Aktiengesellschaft raised their price target on Johnson Matthey from GBX 2,120 to GBX 2,400 and gave the company a “buy” rating in a research report on Friday, May 29th. UBS Group reissued a “neutral” rating and issued a GBX 2,200 target price on shares of Johnson Matthey in a report on Friday, May 22nd. Berenberg Bank boosted their target price on Johnson Matthey from GBX 2,100 to GBX 2,300 and gave the stock a “buy” rating in a report on Monday, June 1st. Finally, Jefferies Financial Group reissued a “restricted” rating on shares of Johnson Matthey in a report on Friday, May 29th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,298.33.

Johnson Matthey Company Profile

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, they improve the function, performance and safety of their customers’ products. Their science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources. Today more than 13,000 Johnson Matthey professionals collaborate with their network of customers and partners to make a real difference to the world around us.