Key Points
- McBride CFO Mark Strickland sold 110,000 shares at GBX 190 each, for total proceeds of approximately £209,000. The sale was attributed to personal financial planning.
- McBride reported quarterly EPS of GBX 21.60, with a 3.21% net margin and 28.68% return on equity. Shares opened at GBX 185, compared with a 12-month range of GBX 107.60 to GBX 214.10.
- Analysts remain positive, with a consensus “Buy” rating and an average price target of GBX 232.50; Berenberg reiterated its buy rating with a GBX 275 target. However, continued cost pressures could weigh on margins and cash generation.
McBride plc (LON:MCB - Get Free Report) insider Mark Strickland sold 110,000 shares of the firm's stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of GBX 190, for a total value of £209,000.
McBride Stock Performance
Shares of MCB stock opened at GBX 185 on Friday. The company's fifty day moving average price is GBX 171.60 and its 200-day moving average price is GBX 159.96. The stock has a market cap of £314.08 million, a PE ratio of 10.95, a price-to-earnings-growth ratio of -0.36 and a beta of 1.51. The company has a current ratio of 1.10, a quick ratio of 0.54 and a debt-to-equity ratio of 169.22. McBride plc has a 12 month low of GBX 107.60 and a 12 month high of GBX 214.10.
McBride (LON:MCB - Get Free Report) last issued its quarterly earnings results on Tuesday, September 15th. The company reported GBX 21.60 earnings per share (EPS) for the quarter. McBride had a net margin of 3.21% and a return on equity of 28.68%. On average, equities analysts expect that McBride plc will post 19.2307692 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 275 target price on shares of McBride in a report on Thursday, September 10th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, McBride has a consensus rating of "Buy" and an average price target of GBX 232.50.
View Our Latest Stock Analysis on McBride
Key McBride News
Here are the key news stories impacting McBride this week:
- Positive Sentiment: Management highlighted continued business growth during the fourth-quarter earnings call, indicating that demand and operating momentum remain supportive despite a challenging cost environment. McBride plc Earnings Call Highlights Growth Amid Cost Squeeze
- Neutral Sentiment: The company continues to face a cost squeeze, which may limit the benefits of revenue growth and keep investor attention focused on margins, profitability and cash generation. McBride plc Earnings Call Highlights Growth Amid Cost Squeeze
- Negative Sentiment: Chief Financial Officer Mark Strickland sold 110,000 McBride shares at an average price of GBX 190, worth approximately £209,000. The transaction was described as being for personal financial planning, rather than a stated view on the company’s outlook, but insider selling can still weigh on sentiment and may be contributing to the share-price weakness. McBride CFO Sells 110,000 Shares for Personal Financial Planning
About McBride
(
Get Free Report)
With trading roots dating back to 1927, McBride boasts a strong heritage. As the leading European manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning and hygiene markets, McBride offers end‑to‑end development and manufacturing capabilities to a wide range of customers in Europe and Asia Pacific.
Further Reading
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