Key Points
- Insider buying: Graham Prothero purchased 70 MJ Gleeson shares at GBX 284 each, worth £198.80, following a 74-share purchase in September.
- Stock performance: MJ Gleeson shares opened at GBX 268.50 and were down 2.4%, with a market capitalization of approximately £156.6 million.
- Analyst outlook: Analysts are divided, with one Buy and one Sell rating; the consensus is Hold with a GBX 252.50 price target.
MJ Gleeson plc (LON:GLE - Get Free Report) insider Graham Prothero bought 70 shares of MJ Gleeson stock in a transaction dated Monday, October 5th. The shares were bought at an average cost of GBX 284 per share, with a total value of £198.80.
Graham Prothero also recently made the following trade(s):
- On Monday, September 7th, Graham Prothero acquired 74 shares of MJ Gleeson stock. The shares were purchased at an average cost of GBX 265 per share, with a total value of £196.10.
MJ Gleeson Trading Down 2.4%
LON GLE opened at GBX 268.50 on Thursday. MJ Gleeson plc has a twelve month low of GBX 214.09 and a twelve month high of GBX 435. The company has a debt-to-equity ratio of 3.34, a quick ratio of 0.89 and a current ratio of 3.47. The stock has a market cap of £156.63 million, a price-to-earnings ratio of -80.87 and a beta of 0.62. The firm's 50 day moving average price is GBX 267.46 and its two-hundred day moving average price is GBX 257.55.
MJ Gleeson (LON:GLE - Get Free Report) last announced its quarterly earnings data on Tuesday, September 15th. The company reported GBX 14.09 earnings per share (EPS) for the quarter. MJ Gleeson had a negative return on equity of 0.64% and a negative net margin of 0.47%. Equities analysts anticipate that MJ Gleeson plc will post 35.1412429 EPS for the current year.
Analyst Ratings Changes
A number of research firms have issued reports on GLE. Royal Bank Of Canada reiterated an "underperform" rating and issued a GBX 200 target price on shares of MJ Gleeson in a research note on Tuesday, September 15th. Berenberg Bank dropped their price target on shares of MJ Gleeson from GBX 310 to GBX 305 and set a "buy" rating on the stock in a research note on Friday, September 18th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of GBX 252.50.
View Our Latest Stock Report on MJ Gleeson
About MJ Gleeson
(
Get Free Report)
MJ Gleeson plc comprises two divisions: Gleeson Homes and Gleeson Land.
Gleeson Homes, under the banner of "Building Homes. Changing Lives" builds high-quality affordable homes across the Midlands and North of England. To meet customer demand, and without compromising affordability, the range of homes available extends from one-bed apartments to five-bedroom houses. With a two-bedroom home available from £100,000, a key objective is to ensure that on all of our developments, a meaningful proportion of homes are affordable to a couple earning the National Living Wage.
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