Marshalls (LON:MSLH) Issues Earnings Results

Marshalls (LON:MSLH) issued its quarterly earnings data 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 Price Performance

LON:MSLH opened at GBX 241.50 ($3.14) on Thursday. The firm has a market capitalization of £607.50 million, a price-to-earnings ratio of 28.21, a PEG ratio of 0.17 and a beta of 1.26. The company has a debt-to-equity ratio of 33.19, a current ratio of 1.86 and a quick ratio of 1.34. The business has a 50 day simple moving average of GBX 249.78 and a 200-day simple moving average of GBX 296.68. Marshalls has a 1 year low of GBX 229 ($2.98) and a 1 year high of GBX 366 ($4.76).

Marshalls Increases Dividend

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

Insider Activity at Marshalls

In other news, insider Simon Bourne sold 14,048 shares of the company’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of GBX 237 ($3.08), for a total transaction of £33,293.76 ($43,311.77). Also, insider Vanda Murray purchased 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 29th. The shares were 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 insiders.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 420 ($5.46) price target 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.