Key Points
- Joe Hudson sold 64,484 shares of Ibstock on March 23 at an average price of GBX 103, netting £66,418.52.
- Despite recent cuts to price targets (Jefferies to GBX 145, Berenberg to GBX 135, Deutsche Bank to GBX 110), consensus remains a Moderate Buy with an average target of GBX 140.
- Ibstock is trading around GBX 101.40 (down 1.6%), with a 52‑week range of GBX 97–200.50 and a market cap of ~£400.2M; last quarterly EPS was GBX 5.70 with a net margin of 0.83%.
Ibstock plc (LON:IBST - Get Free Report) insider Joe Hudson sold 64,484 shares of Ibstock stock in a transaction on Monday, March 23rd. The stock was sold at an average price of GBX 103, for a total value of £66,418.52.
Ibstock Trading Down 1.6%
IBST stock opened at GBX 101.40 on Wednesday. The company has a debt-to-equity ratio of 44.59, a quick ratio of 1.19 and a current ratio of 1.33. The company's 50-day simple moving average is GBX 124.10 and its 200 day simple moving average is GBX 130.75. Ibstock plc has a 52 week low of GBX 97 and a 52 week high of GBX 200.50. The company has a market capitalization of £400.23 million, a PE ratio of 33.80, a price-to-earnings-growth ratio of 0.47 and a beta of 0.74.
Ibstock (LON:IBST - Get Free Report) last issued its quarterly earnings data on Thursday, March 5th. The company reported GBX 5.70 earnings per share for the quarter. Ibstock had a net margin of 0.83% and a return on equity of 0.79%. As a group, sell-side analysts anticipate that Ibstock plc will post 11.0089552 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on IBST shares. Jefferies Financial Group dropped their price target on shares of Ibstock from GBX 165 to GBX 145 and set a "buy" rating for the company in a research report on Monday, February 9th. Berenberg Bank reduced their price target on Ibstock from GBX 150 to GBX 135 and set a "hold" rating on the stock in a research report on Wednesday, January 21st. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Ibstock from GBX 144 to GBX 110 and set a "hold" rating on the stock in a research note on Tuesday. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of GBX 140.
View Our Latest Analysis on Ibstock
Ibstock Company Profile
(
Get Free Report)
Ibstock plc manufactures and sells clay and concrete building products and solutions to customers in the residential construction sector in the United Kingdom. The company offers bricks and masonry, which includes facing and engineering bricks, brick slips, special shaped bricks, walling stone, architectural masonry, prefabricated components, eco-habitats, and padstones and lintels, as well as façade systems; roofing products comprising roof tiles and accessories, and chimneys; and flooring and lintels, such as beam and block flooring, insulated flooring, hollowcore, and screed rails.
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