Key Points
- Insider Graham Prothero continued buying MJ Gleeson shares, most recently acquiring 50 shares on Dec 5 at GBX 393, after purchases of 57 shares on Nov 5 and a large 8,571‑share buy on Sep 16 at about GBX 350.
- Shares trade around GBX 389 (market cap ~£227m and P/E ~14.35) with a 12‑month range of GBX 320–538; Berenberg reiterated a Buy rating and a GBX 500 target, and the consensus rating is Buy.
MJ Gleeson plc (LON:GLE - Get Free Report) insider Graham Prothero acquired 50 shares of MJ Gleeson stock in a transaction on Friday, December 5th. The stock was purchased at an average cost of GBX 393 per share, with a total value of £196.50.
Graham Prothero also recently made the following trade(s):
- On Wednesday, November 5th, Graham Prothero acquired 57 shares of MJ Gleeson stock. The stock was purchased at an average price of GBX 349 per share, with a total value of £198.93.
- On Tuesday, September 16th, Graham Prothero bought 8,571 shares of MJ Gleeson stock. The shares were purchased at an average cost of GBX 350 per share, for a total transaction of £29,998.50.
MJ Gleeson Stock Performance
Shares of LON GLE traded up GBX 4 during midday trading on Tuesday, reaching GBX 389. The company's stock had a trading volume of 36,674 shares, compared to its average volume of 144,948. The stock has a market capitalization of £227.07 million, a P/E ratio of 14.35 and a beta of 1.14. The company has a debt-to-equity ratio of 1.70, a current ratio of 5.79 and a quick ratio of 0.89. The firm has a 50 day moving average price of GBX 370.93 and a 200-day moving average price of GBX 374.99. MJ Gleeson plc has a 12-month low of GBX 320 and a 12-month high of GBX 538.
MJ Gleeson (LON:GLE - Get Free Report) last issued its quarterly earnings results on Tuesday, September 16th. The company reported GBX 28.88 EPS for the quarter. MJ Gleeson had a return on equity of 6.60% and a net margin of 5.59%. As a group, equities analysts predict that MJ Gleeson plc will post 35.1412429 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 500 target price on shares of MJ Gleeson in a research note on Wednesday, September 17th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of GBX 500.
Read Our Latest Analysis on MJ Gleeson
About MJ Gleeson
(
Get Free Report)
MJ Gleeson plc comprises two divisions: Gleeson Homes and Gleeson Land.
Gleeson Homes is the leading low-cost, affordable housebuilder with the vision of "Building Homes. Changing Lives." Focusing on areas where affordable housing is most needed in the Midlands and North of England, Gleeson Homes' average selling price was £193,900, 34% lower than other housebuilders average selling price of £291,700 in the same geographic regions.
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