Marshalls (LON:MSLH) Posts Earnings Results

Marshalls (LON:MSLH) issued its quarterly earnings results on Tuesday. The company reported GBX 16 ($0.21) earnings per share (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 Trading Down 2.2 %

MSLH stock opened at GBX 241.50 ($3.14) on Thursday. The firm has a market cap of £607.50 million, a P/E ratio of 28.21, a PEG ratio of 0.17 and a beta of 1.26. Marshalls has a 52-week low of GBX 229 ($2.98) and a 52-week high of GBX 366 ($4.76). The company’s 50-day simple moving average is GBX 249.78 and its 200-day simple moving average is GBX 296.68. The company has a quick ratio of 1.34, a current ratio of 1.86 and a debt-to-equity ratio of 33.19.

Marshalls Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Thursday, June 5th will be issued 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 is Thursday, June 5th. Marshalls’s dividend payout ratio is presently 93.44%.

Insider Activity

In related news, insider Vanda Murray purchased 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, for a total transaction of £9,920 ($12,904.90). Also, insider Simon Bourne sold 14,048 shares of Marshalls stock in a transaction dated Monday, March 17th. The shares were 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.

Analysts Set New Price Targets

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

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.