Mitie Group (LON:MTO) Insider Buys £149.76 in Stock

Mitie Group plc (LON:MTO) insider Phillip Bentley bought 72 shares of the stock in a transaction that occurred on Thursday, August 13th. The shares were purchased at an average cost of GBX 208 per share, with a total value of £149.76.

Phillip Bentley also recently made the following trade(s):

• On Monday, June 8th, Phillip Bentley sold 248,985 shares of Mitie Group stock. The shares were sold at an average price of GBX 165, for a total transaction of £410,825.25.

Mitie Group Stock Performance

Shares of MTO opened at GBX 208.60 on Thursday. The company has a current ratio of 0.89, a quick ratio of 0.83 and a debt-to-equity ratio of 107.60. The firm’s fifty day simple moving average is GBX 176.81 and its two-hundred day simple moving average is GBX 175.38. Mitie Group plc has a 12 month low of GBX 134.80 and a 12 month high of GBX 214. The stock has a market capitalization of £2.71 billion, a P/E ratio of 34.20, a price-to-earnings-growth ratio of 10.10 and a beta of 0.90.

Mitie Group (LON:MTO) last posted its quarterly earnings data on Thursday, June 4th. The company reported GBX 13.60 earnings per share for the quarter. The firm had revenue of GBX 561.86 billion during the quarter. Mitie Group had a return on equity of 15.86% and a net margin of 1.47%. As a group, analysts predict that Mitie Group plc will post 10.9360519 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Royal Bank Of Canada dropped their price target on Mitie Group from GBX 205 to GBX 200 and set an “outperform” rating on the stock in a research note on Friday, June 5th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 230 price objective on shares of Mitie Group in a research report on Wednesday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 195 target price on shares of Mitie Group in a research report on Monday, June 8th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of GBX 192.20.

Mitie Group Company Profile

Mitie Group plc, together with its subsidiaries, provides facilities management and professional services in the United Kingdom and internationally. The company operates in four segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities. The company provides decarbonization, electrical grid connections, emission intelligence, energy and carbon, EV fleets, and heat solutions, as well as solar energy; cleaning and hygiene, engineering maintenance, integrated facilities management, landscape, and waste management services; project and workplace services; and Fire & security systems, front of house, intelligence, vetting, and security guarding service.