Insider Buying: Johnson Matthey PLC (LON:JMAT) Insider Buys 30 Shares of Stock

Johnson Matthey PLC (LON:JMAT) insider Liam Condon bought 30 shares of the company’s stock in a transaction dated Wednesday, January 22nd. The stock was bought at an average price of GBX 1,362 ($16.77) per share, for a total transaction of £408.60 ($503.02).

Johnson Matthey Trading Up 0.7 %

Johnson Matthey stock traded up GBX 10 ($0.12) during trading on Thursday, reaching GBX 1,367 ($16.83). 387,490 shares of the company were exchanged, compared to its average volume of 583,226. Johnson Matthey PLC has a 52-week low of GBX 1,295.54 ($15.95) and a 52-week high of GBX 1,917.07 ($23.60). The company has a market capitalization of £2.38 billion, a P/E ratio of 2,356.90, a PEG ratio of 49,242.50 and a beta of 0.95. The stock’s 50 day simple moving average is GBX 1,384.15 and its two-hundred day simple moving average is GBX 1,512.54. The company has a debt-to-equity ratio of 63.15, a current ratio of 1.45 and a quick ratio of 0.76.

Johnson Matthey (LON:JMAT) last announced its quarterly earnings data on Wednesday, November 27th. The company reported GBX 57.40 ($0.71) earnings per share (EPS) for the quarter. Johnson Matthey had a net margin of 0.84% and a return on equity of 4.39%. On average, equities research analysts expect that Johnson Matthey PLC will post 173.4112903 earnings per share for the current fiscal year.

Johnson Matthey Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, February 4th. Investors of record on Thursday, December 5th will be given a dividend of GBX 22 ($0.27) per share. This represents a dividend yield of 1.47%. The ex-dividend date is Thursday, December 5th. Johnson Matthey’s payout ratio is 13,275.86%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on JMAT. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 1,800 ($22.16) price target on shares of Johnson Matthey in a research note on Tuesday, December 17th. Berenberg Bank decreased their target price on Johnson Matthey from GBX 1,650 ($20.31) to GBX 1,500 ($18.47) and set a “hold” rating on the stock in a research report on Thursday, November 28th.

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.