Key Points
- Insider Luke Grant bought small stakes in IMI across three recent trades — 6 shares on Jan 13 at GBX 2,618, 5 shares on Feb 10 at GBX 2,854, and 5 shares on Mar 10 at GBX 2,790 (the Mar 10 purchase totaled £139.50) indicating continued insider buying.
- IMI is a £6.78 billion market-cap engineering group with a P/E of 29.53 and reported quarterly EPS of GBX 132.30; analysts hold a consensus "Moderate Buy" (six Buys, one Hold) with an average target of GBX 2,670.71.
IMI plc (LON:IMI - Get Free Report) insider Luke Grant acquired 5 shares of the firm's stock in a transaction that occurred on Tuesday, March 10th. The shares were bought at an average price of GBX 2,790 per share, with a total value of £139.50.
Luke Grant also recently made the following trade(s):
- On Tuesday, February 10th, Luke Grant bought 5 shares of IMI stock. The stock was bought at an average price of GBX 2,854 per share, for a total transaction of £142.70.
- On Tuesday, January 13th, Luke Grant bought 6 shares of IMI stock. The stock was bought at an average price of GBX 2,618 per share, for a total transaction of £157.08.
IMI Stock Performance
Shares of IMI stock opened at GBX 2,755.48 on Thursday. The company has a market capitalization of £6.78 billion, a PE ratio of 29.53, a P/E/G ratio of 1.12 and a beta of 1.05. The company has a 50-day simple moving average of GBX 2,750.21 and a two-hundred day simple moving average of GBX 2,501.06. IMI plc has a one year low of GBX 1,555.96 and a one year high of GBX 3,848. The company has a debt-to-equity ratio of 58.04, a quick ratio of 0.80 and a current ratio of 1.50.
IMI (LON:IMI - Get Free Report) last released its quarterly earnings results on Friday, March 6th. The company reported GBX 132.30 earnings per share for the quarter. IMI had a net margin of 14.33% and a return on equity of 24.91%. Research analysts expect that IMI plc will post 137.9737609 EPS for the current fiscal year.
Analyst Ratings Changes
IMI has been the topic of several analyst reports. Panmure Gordon reaffirmed a "buy" rating and issued a GBX 2,760 price target on shares of IMI in a report on Tuesday, November 25th. JPMorgan Chase & Co. increased their price objective on IMI from GBX 2,850 to GBX 2,960 and gave the company an "overweight" rating in a report on Thursday, December 4th. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of GBX 2,670.71.
Check Out Our Latest Stock Analysis on IMI
IMI Company Profile
(
Get Free Report)
IMI plc is a specialist engineering company operating in fluid and motion control markets. We combine our deep engineering knowledge with strong applications expertise to develop solutions for the most acute industry problems. We help our customers become safer, more sustainable and more productive. IMI employs around 10,000 people, has manufacturing facilities in 19 countries and operates a global service network. The Company is listed on the London Stock Exchange and is a constituent of the FTSE4Good Index.
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