Marshalls (LON:MSLH) Releases 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 return on equity of 3.32% and a net margin of 3.46%.

Marshalls Stock Performance

Marshalls stock traded down GBX 5 ($0.07) during trading on Thursday, reaching GBX 242 ($3.15). The company had a trading volume of 480,864 shares, compared to its average volume of 1,891,268. The firm has a market capitalization of £608.75 million, a price-to-earnings ratio of 28.26, a price-to-earnings-growth ratio of 0.17 and a beta of 1.26. The company has a current ratio of 1.86, a quick ratio of 1.34 and a debt-to-equity ratio of 33.19. The firm’s 50-day simple moving average is GBX 249.78 and its 200 day simple moving average 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 firm also recently disclosed a dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Thursday, June 5th will be given a dividend of GBX 5.40 ($0.07) per share. This is an increase from Marshalls’s previous dividend of $2.60. The ex-dividend date of this dividend is Thursday, June 5th. This represents a dividend yield of 2.26%. Marshalls’s payout ratio is presently 93.44%.

Insider Buying and Selling at Marshalls

In other Marshalls news, insider Justin Lockwood purchased 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 21st. The shares were bought at an average price of GBX 232 ($3.02) per share, with a total value of £11,600 ($15,090.41). Also, insider Vanda Murray acquired 4,000 shares of the company’s stock in a transaction on Wednesday, January 29th. The stock was acquired at an average cost 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 corporate insiders.

Analyst Ratings Changes

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

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.