Johnson Matthey PLC (LON:JMAT) Insider Liam Condon Purchases 30 Shares

Johnson Matthey PLC (LON:JMAT) insider Liam Condon purchased 30 shares of the stock in a transaction on Wednesday, January 22nd. The shares were purchased at an average price of GBX 1,362 ($17.00) per share, for a total transaction of £408.60 ($510.05).

Johnson Matthey Stock Performance

LON JMAT opened at GBX 1,376 ($17.18) on Friday. The company has a 50-day simple moving average of GBX 1,378.95 and a two-hundred day simple moving average of GBX 1,508.96. Johnson Matthey PLC has a 12-month low of GBX 1,295.54 ($16.17) and a 12-month high of GBX 1,917.07 ($23.93). The firm has a market cap of £2.40 billion, a price-to-earnings ratio of 2,372.41, a PEG ratio of 49,242.50 and a beta of 0.95. The company has a quick ratio of 0.76, a current ratio of 1.45 and a debt-to-equity ratio of 63.15.

Johnson Matthey (LON:JMAT) last released its earnings results on Wednesday, November 27th. The company reported GBX 57.40 ($0.72) earnings per share for the quarter. Johnson Matthey had a return on equity of 4.39% and a net margin of 0.84%. On average, equities analysts forecast that Johnson Matthey PLC will post 173.4112903 EPS for the current year.

Johnson Matthey Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, February 4th. Stockholders of record on Thursday, December 5th will be issued a dividend of GBX 22 ($0.27) per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a dividend yield of 1.47%. Johnson Matthey’s dividend payout ratio is currently 13,275.86%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on JMAT shares. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,800 ($22.47) price objective on shares of Johnson Matthey in a research report on Tuesday, December 17th. Berenberg Bank reduced their price target on shares of Johnson Matthey from GBX 1,650 ($20.60) to GBX 1,500 ($18.72) and set a “hold” rating on the stock in a research report on Thursday, November 28th.

About Johnson Matthey

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, they improve the function, performance and safety of their customers’ products. Their science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources.