Insider Buying: Motorpoint Group (LON:MOTR) Insider Acquires £53,905 in Stock

Motorpoint Group Plc (LON:MOTR) insider Keith Mansfield purchased 43,124 shares of the stock in a transaction on Monday, July 27th. The shares were purchased at an average cost of GBX 125 per share, with a total value of £53,905.

Motorpoint Group Stock Performance

Motorpoint Group stock opened at GBX 124.50 on Friday. The stock’s 50-day moving average is GBX 125.35 and its 200-day moving average is GBX 129.32. The company has a market cap of £99.14 million, a price-to-earnings ratio of 18.86 and a beta of 0.83. The company has a debt-to-equity ratio of 296.15, a current ratio of 1.00 and a quick ratio of 0.12. Motorpoint Group Plc has a 12 month low of GBX 111 and a 12 month high of GBX 190.

Motorpoint Group (LON:MOTR) last released its quarterly earnings data on Wednesday, June 10th. The company reported GBX 6.60 earnings per share for the quarter. The business had revenue of GBX 126.86 billion for the quarter. Motorpoint Group had a return on equity of 22.27% and a net margin of 0.44%. Equities analysts anticipate that Motorpoint Group Plc will post 3.5133843 earnings per share for the current year.

Analysts Set New Price Targets

MOTR has been the subject of several research reports. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Motorpoint Group from GBX 180 to GBX 170 and set a “buy” rating for the company in a research note on Tuesday, June 16th. Shore Capital Group reissued a “house stock” rating on shares of Motorpoint Group in a research note on Thursday, July 23rd. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 170.

Motorpoint Group Company Profile

Motorpoint is the UK’s leading independent E-commerce led omnichannel vehicle retailer, focused on giving retail and trade customers the easiest, most affordable and seamless way of buying, selling and financing their car whether online, in store or a combination of both. Through its leading B2C platform Motorpoint.co.uk and UK network of 20 sales and collection stores, the Group provides an unrivalled offering in the nearly new and used car market, where consumers can effortlessly browse, buy or finance their next car and collect or have it delivered directly to their homes.