Marston’s’ (MARS) Buy Rating Reaffirmed at Shore Capital

Shore Capital reaffirmed their buy rating on shares of Marston’s (LON:MARS) in a report published on Tuesday, Marketbeat.com reports.

Marston’s Stock Up 0.9 %

Shares of LON:MARS opened at GBX 40.45 ($0.50) on Tuesday. The business has a 50 day simple moving average of GBX 41.65 and a two-hundred day simple moving average of GBX 40.21. The firm has a market capitalization of £256.53 million, a PE ratio of -1,348.33, a price-to-earnings-growth ratio of -0.16 and a beta of 1.68. The company has a debt-to-equity ratio of 269.71, a current ratio of 0.15 and a quick ratio of 0.23. Marston’s has a 1 year low of GBX 25.55 ($0.32) and a 1 year high of GBX 47.75 ($0.59).

Marston’s (LON:MARS) last announced its quarterly earnings results on Tuesday, December 3rd. The company reported GBX 5.20 ($0.06) earnings per share (EPS) for the quarter. Marston’s had a negative return on equity of 2.80% and a negative net margin of 1.91%. On average, equities analysts predict that Marston’s will post 8.364486 EPS for the current year.

Insider Buying and Selling at Marston’s

In other news, insider Hayleigh Lupino purchased 111,997 shares of the business’s stock in a transaction on Monday, December 23rd. The shares were acquired at an average cost of GBX 45 ($0.56) per share, with a total value of £50,398.65 ($62,251.30). Insiders own 1.83% of the company’s stock.

About Marston’s

Marston’s PLC operates managed, franchised, tenanted, partnership, and leased pubs in the United Kingdom. It is also involved in the property management; telecommunications; and insurance businesses. The company was formerly known as The Wolverhampton & Dudley Breweries PLC and changed its name to Marston’s PLC in January 2007.