Liam Condon Purchases 30 Shares of Johnson Matthey PLC (LON:JMAT) Stock

Johnson Matthey PLC (LON:JMAT) insider Liam Condon bought 30 shares of Johnson Matthey stock in a transaction dated Wednesday, January 22nd. The shares were bought at an average cost of GBX 1,362 ($17.01) per share, with a total value of £408.60 ($510.18).

Johnson Matthey Stock Up 0.7 %

JMAT opened at GBX 1,376 ($17.18) on Friday. Johnson Matthey PLC has a 12 month low of GBX 1,295.54 ($16.18) and a 12 month high of GBX 1,917.07 ($23.94). The company has a 50 day moving average of GBX 1,378.95 and a 200 day moving average of GBX 1,509.48. The company has a current ratio of 1.45, a quick ratio of 0.76 and a debt-to-equity ratio of 63.15. The company has a market cap of £2.40 billion, a PE ratio of 2,372.41, a price-to-earnings-growth ratio of 49,242.50 and a beta of 0.95.

Johnson Matthey (LON:JMAT) last issued its quarterly earnings data on Wednesday, November 27th. The company reported GBX 57.40 ($0.72) EPS for the quarter. Johnson Matthey had a net margin of 0.84% and a return on equity of 4.39%. On average, sell-side analysts expect that Johnson Matthey PLC will post 173.4112903 EPS for the current year.

Johnson Matthey Cuts Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,800 ($22.47) price objective on shares of Johnson Matthey in a report on Tuesday, December 17th. Berenberg Bank cut their price target on Johnson Matthey from GBX 1,650 ($20.60) to GBX 1,500 ($18.73) and set a “hold” rating for the company in a research note on Thursday, November 28th.

About Johnson Matthey

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.