Marshalls (LON:MSLH) Sets New 1-Year High at $747.00

Marshalls plc (LON:MSLH) hit a new 52-week high on Friday . The company traded as high as GBX 747 ($9.76) and last traded at GBX 746 ($9.75), with a volume of 149822 shares changing hands. The stock had previously closed at GBX 737.50 ($9.64).

Several brokerages have weighed in on MSLH. Peel Hunt reiterated an “add” rating and issued a GBX 575 ($7.51) target price on shares of Marshalls in a report on Thursday, August 15th. Shore Capital restated a “hold” rating on shares of Marshalls in a research note on Friday, August 30th. Berenberg Bank restated a “hold” rating and issued a GBX 620 ($8.10) price objective on shares of Marshalls in a report on Tuesday, September 3rd. Finally, Peel Hunt reaffirmed an “add” rating on shares of Marshalls in a research note on Tuesday, October 15th. Six research analysts have rated the stock with a hold rating, The company presently has a consensus rating of “Hold” and a consensus price target of GBX 506.67 ($6.62).

The company has a quick ratio of 0.67, a current ratio of 1.22 and a debt-to-equity ratio of 39.14. The stock’s 50 day moving average price is GBX 695.47 and its 200-day moving average price is GBX 664.53. The stock has a market capitalization of $1.46 billion and a P/E ratio of 26.50.

The firm also recently disclosed a dividend, which will be paid on Wednesday, December 4th. Investors of record on Thursday, October 17th will be paid a GBX 4.70 ($0.06) dividend. This represents a yield of 0.76%. The ex-dividend date is Thursday, October 17th. Marshalls’s dividend payout ratio (DPR) is 0.46%.

In other Marshalls news, insider Martyn Coffey sold 118,498 shares of the company’s stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of GBX 679 ($8.87), for a total transaction of £804,601.42 ($1,051,354.27). In the last 90 days, insiders have acquired 66 shares of company stock valued at $45,243.

Marshalls Company Profile (LON:MSLH)

Marshalls plc manufactures and supplies hard landscaping products in the United Kingdom and internationally. It operates through Landscape Products and Others segments. The company offers interior, garden, and driveways products, including garden paving, driveways, garden paths, kerbs and edging products, and garden walling products; and interior tiles and stones.

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