Marshalls (LON:MSLH) Issues Earnings Results

Marshalls (LON:MSLH) released its 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 net margin of 3.46% and a return on equity of 3.32%.

Marshalls Stock Performance

Shares of LON:MSLH opened at GBX 244 ($3.17) on Wednesday. The company has a market capitalization of £613.78 million, a price-to-earnings ratio of 28.50, a P/E/G ratio of 0.17 and a beta of 1.26. The firm’s 50 day simple moving average is GBX 250.08 and its 200 day simple moving average is GBX 297.38. The company has a debt-to-equity ratio of 33.19, a current ratio of 1.86 and a quick ratio of 1.34. Marshalls has a fifty-two week low of GBX 229 ($2.98) and a fifty-two week high of GBX 366 ($4.76).

Marshalls Increases Dividend

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

Analyst Upgrades and Downgrades

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

Insider Activity at Marshalls

In related news, insider Simon Bourne sold 14,048 shares of the 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 ($43,283.62). Also, insider Justin Lockwood bought 5,000 shares of the stock in a transaction that occurred on Tuesday, January 21st. The shares were acquired at an average cost of GBX 232 ($3.02) per share, with a total value of £11,600 ($15,080.60). 2.73% of the stock is currently owned by corporate insiders.

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.