Marshalls (LON:MSLH) Trading Down 6.1% – Should You Sell?

Marshalls plc (LON:MSLH)’s stock price dropped 6.1% during mid-day trading on Wednesday . The company traded as low as GBX 133.30 and last traded at GBX 135.10. Approximately 1,869,659 shares traded hands during trading, a decline of 76% from the average daily volume of 7,733,252 shares. The stock had previously closed at GBX 143.80.

Analysts Set New Price Targets

MSLH has been the topic of a number of recent research reports. Royal Bank Of Canada reduced their price objective on Marshalls from GBX 240 to GBX 195 and set a “sector perform” rating on the stock in a research note on Tuesday, January 20th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 360 price objective on shares of Marshalls in a research note on Monday, March 16th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 316.25.

Marshalls Stock Up 11.0%

The stock has a 50 day moving average price of GBX 158.32 and a 200-day moving average price of GBX 168.23. The stock has a market capitalization of £379.22 million, a P/E ratio of 26.78, a PEG ratio of 0.17 and a beta of 1.30. The company has a debt-to-equity ratio of 27.74, a current ratio of 1.78 and a quick ratio of 1.34.

Marshalls (LON:MSLH) last announced its quarterly earnings data on Monday, March 16th. The company reported GBX 13.40 earnings per share (EPS) for the quarter. Marshalls had a return on equity of 2.17% and a net margin of 2.28%. As a group, research analysts expect that Marshalls plc will post 18.2342758 EPS for the current fiscal year.

Insider Buying and Selling at Marshalls

In other news, insider Justin Lockwood bought 260,000 shares of the company’s stock in a transaction dated Friday, February 13th. The stock was bought at an average cost of GBX 181 per share, for a total transaction of £470,600. Corporate insiders own 1.17% 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.