Key Points
- Insider purchase: Director Martin Payne bought 20,000 shares on April 17 at GBX 108 per share, a total of £21,600.
- Analyst sentiment: Recent price-target cuts have left the stock with a consensus rating of "Moderate Buy" and an average target of GBX 140 (two Buy, two Hold).
- Valuation and performance: Ibstock trades at a high P/E of 140.63 with low profitability (net margin 0.83%, ROE 0.79%), market cap ~£444m, and is trading below its 200‑day moving average (current ~GBX 112.5 vs 200‑day 127.05).
Ibstock plc (LON:IBST - Get Free Report) insider Martin Payne bought 20,000 shares of the firm's stock in a transaction on Friday, April 17th. The shares were purchased at an average price of GBX 108 per share, for a total transaction of £21,600.
Ibstock Price Performance
LON IBST opened at GBX 112.50 on Friday. Ibstock plc has a 12 month low of GBX 97 and a 12 month high of GBX 200.50. The stock has a market cap of £444.26 million, a price-to-earnings ratio of 140.63, a PEG ratio of 0.47 and a beta of 0.88. The company's 50 day moving average is GBX 114.83 and its two-hundred day moving average is GBX 127.05. The company has a current ratio of 1.33, a quick ratio of 1.19 and a debt-to-equity ratio of 44.59.
Ibstock (LON:IBST - Get Free Report) last released its earnings results on Thursday, March 5th. The company reported GBX 5.70 EPS for the quarter. Ibstock had a net margin of 0.83% and a return on equity of 0.79%. As a group, research analysts anticipate that Ibstock plc will post 11.0089552 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of equities research analysts have commented on the stock. Berenberg Bank decreased their target price on shares of Ibstock from GBX 150 to GBX 135 and set a "hold" rating on the stock in a research note on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Ibstock from GBX 144 to GBX 110 and set a "hold" rating on the stock in a research report on Tuesday, March 24th. Finally, Jefferies Financial Group reduced their price objective on shares of Ibstock from GBX 165 to GBX 145 and set a "buy" rating on the stock in a research report on Monday, February 9th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of GBX 140.
View Our Latest Report on IBST
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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