Marshalls (LON:MSLH) Posts Earnings Results

Marshalls (LON:MSLH) issued its quarterly earnings data on Tuesday. The company reported GBX 16 ($0.21) EPS 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 Performance

Shares of MSLH stock traded down GBX 4.29 ($0.06) during midday trading on Thursday, hitting GBX 242.71 ($3.16). 509,713 shares of the company were exchanged, compared to its average volume of 1,891,783. The firm has a market capitalization of £610.54 million, a P/E ratio of 28.35, a PEG ratio of 0.17 and a beta of 1.26. The company has a debt-to-equity ratio of 33.19, a quick ratio of 1.34 and a current ratio of 1.86. The firm’s 50 day moving average price is GBX 249.78 and its two-hundred day moving average price is GBX 296.68. Marshalls has a 52 week low of GBX 229 ($2.98) and a 52 week high of GBX 366 ($4.76).

Marshalls Increases Dividend

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

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In other Marshalls news, insider Justin Lockwood acquired 5,000 shares of the company’s stock in a transaction on Tuesday, January 21st. The stock was acquired at an average price of GBX 232 ($3.02) per share, for a total transaction of £11,600 ($15,090.41). Also, insider Vanda Murray bought 4,000 shares of the company’s stock in a transaction dated Wednesday, January 29th. The stock was purchased at an average price of GBX 248 ($3.23) per share, with a total value of £9,920 ($12,904.90). 2.73% of the stock is currently owned by insiders.

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.