Johnson Matthey (LON:JMAT) Insider Purchases 12 Shares

Johnson Matthey PLC (LON:JMAT) insider Alastair Judge purchased 12 shares of Johnson Matthey stock in a transaction dated Wednesday, August 12th. The shares were bought at an average price of GBX 2,193 per share, with a total value of £263.16.

Alastair Judge also recently made the following trade(s):

• On Friday, July 10th, Alastair Judge bought 12 shares of Johnson Matthey stock. The shares were acquired at an average price of GBX 1,909 per share, for a total transaction of £229.08.
• On Wednesday, June 10th, Alastair Judge purchased 14 shares of Johnson Matthey stock. The stock was bought at an average price of GBX 1,990 per share, with a total value of £278.60.

Johnson Matthey Stock Performance

Johnson Matthey stock traded down GBX 22 during mid-day trading on Thursday, reaching GBX 2,190. 417,565 shares of the stock traded hands, compared to its average volume of 2,430,549. Johnson Matthey PLC has a 12-month low of GBX 1,731.83 and a 12-month high of GBX 2,434. The stock has a market capitalization of £3.68 billion, a PE ratio of -38.29, a price-to-earnings-growth ratio of 49,242.50 and a beta of 0.94. The company has a debt-to-equity ratio of 69.69, a current ratio of 1.56 and a quick ratio of 0.76. The business’s 50-day moving average is GBX 2,015.71 and its 200-day moving average is GBX 2,063.89.

Johnson Matthey (LON:JMAT) last released its quarterly earnings results on Thursday, May 28th. The company reported GBX 128.50 earnings per share for the quarter. Johnson Matthey had a negative net margin of 0.76% and a negative return on equity of 4.66%. The business had revenue of GBX 1,257.30 billion for the quarter. As a group, sell-side analysts predict that Johnson Matthey PLC will post 173.4112903 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Berenberg Bank lifted their price objective on shares of Johnson Matthey from GBX 2,100 to GBX 2,300 and gave the company a “buy” rating in a research report on Monday, June 1st. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 2,330 price target on shares of Johnson Matthey in a research note on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 2,400 price objective on shares of Johnson Matthey in a research report on Monday, July 6th. Finally, UBS Group reaffirmed a “neutral” rating and set a GBX 2,200 price target on shares of Johnson Matthey in a research note on Friday, May 22nd. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,283.33.

Johnson Matthey Company Profile

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, they improve the function, performance and safety of their customers’ products. Their science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources. Today more than 13,000 Johnson Matthey professionals collaborate with their network of customers and partners to make a real difference to the world around us.