Marshalls (LON:MSLH) Sets New 52-Week Low – Here’s Why

Marshalls plc (LON:MSLH) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 229 ($2.98) and last traded at GBX 236.50 ($3.07), with a volume of 692016 shares. The stock had previously closed at GBX 243.50 ($3.17).

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and set a GBX 420 ($5.46) price objective on shares of Marshalls in a research report on Wednesday, January 22nd.

Marshalls Stock Performance

The firm has a market cap of £599.95 million, a price-to-earnings ratio of 27.86, a PEG ratio of 0.17 and a beta of 1.26. The stock’s fifty day moving average is GBX 250.08 and its two-hundred day moving average is GBX 297.38. The company has a debt-to-equity ratio of 33.19, a quick ratio of 1.34 and a current ratio of 1.86.

Marshalls (LON:MSLH) last posted its earnings results on Tuesday, March 18th. The company reported GBX 16 ($0.21) EPS for the quarter. Marshalls had a net margin of 3.46% and a return on equity of 3.32%. On average, analysts expect that Marshalls plc will post 18.2342758 earnings per share for the current fiscal year.

Marshalls Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Thursday, June 5th will be paid a dividend of GBX 5.40 ($0.07) per share. The ex-dividend date of this dividend is Thursday, June 5th. This represents a yield of 2.26%. This is an increase from Marshalls’s previous dividend of $2.60. Marshalls’s payout ratio is presently 93.44%.

Insider Transactions at Marshalls

In related news, insider Vanda Murray acquired 4,000 shares of the firm’s stock in a transaction dated Wednesday, January 29th. The stock was acquired at an average cost of GBX 248 ($3.22) per share, for a total transaction of £9,920 ($12,896.52). Also, insider Justin Lockwood bought 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 21st. The shares were purchased at an average cost of GBX 232 ($3.02) per share, for a total transaction of £11,600 ($15,080.60). Company insiders own 2.73% of the company’s stock.

About Marshalls

Established in the late 1880s, Marshalls plc is a leading UK manufacturer of sustainable solutions for the built environment. It operates through three trading divisions: Landscape Products; Roofing Products; and Building Products. At a Group, divisional and brand level, Marshalls’ strategy centres around its customers who value its unique set of capabilities, namely leading brands, best in class technical and design support and carbon leadership.