IMI (LON:IMI) Insider Roy Twite Purchases 5 Shares

IMI plc (LON:IMI) insider Roy Twite purchased 5 shares of the company’s stock in a transaction dated Tuesday, August 11th. The stock was acquired at an average price of GBX 3,098 per share, with a total value of £154.90.

Roy Twite also recently made the following trade(s):

• On Tuesday, July 14th, Roy Twite acquired 5 shares of IMI stock. The stock was bought at an average cost of GBX 2,826 per share, with a total value of £141.30.
• On Tuesday, June 9th, Roy Twite purchased 5 shares of IMI stock. The stock was bought at an average cost of GBX 2,854 per share, with a total value of £142.70.

IMI Price Performance

LON IMI traded up GBX 26 on Wednesday, hitting GBX 3,150. 578,954 shares of the company’s stock were exchanged, compared to its average volume of 9,347,396. The stock has a 50-day moving average of GBX 2,937.27 and a 200-day moving average of GBX 2,825.49. The stock has a market cap of £7.48 billion, a price-to-earnings ratio of 23.21, a P/E/G ratio of 1.12 and a beta of 1.04. IMI plc has a 52 week low of GBX 1,802.19 and a 52 week high of GBX 3,848. The company has a current ratio of 1.30, a quick ratio of 0.80 and a debt-to-equity ratio of 80.30.

IMI (LON:IMI) last announced its quarterly earnings results on Friday, July 31st. The company reported GBX 63.40 EPS for the quarter. IMI had a return on equity of 32.41% and a net margin of 14.09%. Analysts expect that IMI plc will post 137.9737609 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on IMI. JPMorgan Chase & Co. raised their price target on shares of IMI from GBX 3,050 to GBX 3,300 and gave the stock an “overweight” rating in a research note on Wednesday, July 8th. Jefferies Financial Group restated a “buy” rating and issued a GBX 3,380 price objective on shares of IMI in a research note on Friday, July 31st. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 2,850 target price on shares of IMI in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft increased their target price on IMI from GBX 3,250 to GBX 3,440 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 3,300 price target on shares of IMI in a research note on Wednesday, August 5th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 3,171.67.

IMI Company Profile

IMI is a global leader in fluid and motion control, engineering bespoke solutions that enhance safety, productivity and sustainability across critical industries in energy, automation and healthcare. We work in close partnership with customers to design, build and service high-performance valves, actuators and control systems that solve complex engineering challenges.

Our solutions are a small part of our customers’ systems – but they play a critical role in how those systems perform. By combining deep technical expertise with real customer insight, we deliver solutions that are precisely engineered for impact.

Through our One IMI model, we combine commercial excellence, market-led innovation and continuous improvement to scale what works across the business.