Marston’s (LON:MARS) Insider Buys £93,402.31 in Stock

Marston’s PLC (LON:MARS) insider Justin Platt acquired 158,309 shares of Marston’s stock in a transaction that occurred on Wednesday, December 24th. The shares were purchased at an average cost of GBX 59 per share, with a total value of £93,402.31.

Marston’s Stock Up 1.2%

Marston’s stock opened at GBX 59.10 on Thursday. Marston’s PLC has a fifty-two week low of GBX 31.10 and a fifty-two week high of GBX 62.90. The firm has a market capitalization of £375.13 million, a price-to-earnings ratio of 5.32, a price-to-earnings-growth ratio of -0.16 and a beta of 1.68. The stock’s fifty day moving average is GBX 53.27 and its two-hundred day moving average is GBX 45.11. The company has a debt-to-equity ratio of 198.96, a quick ratio of 0.23 and a current ratio of 0.36.

Marston’s (LON:MARS) last released its quarterly earnings results on Monday, December 15th. The company reported GBX 8.50 earnings per share (EPS) for the quarter. Marston’s had a negative return on equity of 2.72% and a negative net margin of 1.91%. Analysts predict that Marston’s PLC will post 8.364486 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently issued reports on MARS. Panmure Gordon restated a “buy” rating and set a GBX 80 price objective on shares of Marston’s in a research report on Tuesday, November 25th. JPMorgan Chase & Co. boosted their price target on Marston’s from GBX 78 to GBX 85 and gave the stock an “overweight” rating in a report on Tuesday, December 2nd. Shore Capital restated a “buy” rating on shares of Marston’s in a research report on Wednesday, October 8th. Finally, Peel Hunt reaffirmed a “buy” rating and set a GBX 75 price objective on shares of Marston’s in a research note on Tuesday, November 25th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Marston’s presently has an average rating of “Buy” and an average target price of GBX 80.

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. The company was founded in 1834 and is based in Wolverhampton, the United Kingdom.