Marshalls (LON:MSLH) Releases Quarterly Earnings Results

Marshalls (LON:MSLH) released its quarterly earnings data on Tuesday. The company reported GBX 16 ($0.21) earnings per share for the quarter, Digital Look Earnings reports. Marshalls had a net margin of 3.46% and a return on equity of 3.32%.

Marshalls Stock Down 2.0 %

MSLH opened at GBX 242 ($3.15) on Thursday. The company has a fifty day moving average price of GBX 249.78 and a 200-day moving average price of GBX 296.68. The firm has a market capitalization of £608.75 million, a P/E ratio of 28.26, a price-to-earnings-growth ratio of 0.17 and a beta of 1.26. The company has a debt-to-equity ratio of 33.19, a current ratio of 1.86 and a quick ratio of 1.34. Marshalls has a one year low of GBX 229 ($2.98) and a one year high of GBX 366 ($4.76).

Marshalls Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, July 1st. Investors of record on Thursday, June 5th will be paid a GBX 5.40 ($0.07) dividend. This represents a yield of 2.26%. This is a positive change from Marshalls’s previous dividend of $2.60. The ex-dividend date of this dividend is Thursday, June 5th. Marshalls’s payout ratio is currently 93.44%.

Analysts Set New Price Targets

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 420 ($5.46) price objective on shares of Marshalls in a research note on Wednesday, January 22nd.

Insider Activity

In related news, insider Vanda Murray acquired 4,000 shares of the company’s stock in a transaction dated Wednesday, January 29th. The stock was bought at an average cost of GBX 248 ($3.23) per share, with a total value of £9,920 ($12,904.90). Also, insider Simon Bourne sold 14,048 shares of Marshalls stock in a transaction on Monday, March 17th. The stock was sold at an average price of GBX 237 ($3.08), for a total transaction of £33,293.76 ($43,311.77). Company insiders own 2.73% of the company’s stock.

Marshalls Company Profile

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.