Key Points
- McBride insider Mark Strickland sold 527,268 shares at an average price of GBX 179, generating proceeds of approximately £943,810. He also sold 110,000 shares the previous week for £209,000.
- McBride shares opened at GBX 180.80, with a market capitalization of about £306.95 million. The stock has traded between GBX 107.60 and GBX 214.10 over the past year.
- Despite the insider selling, analysts maintain a “Buy” consensus, with a target price of GBX 232.50; Berenberg separately reiterated its Buy rating with a GBX 275 target.
McBride plc (LON:MCB - Get Free Report) insider Mark Strickland sold 527,268 shares of the stock in a transaction on Monday, September 21st. The stock was sold at an average price of GBX 179, for a total value of £943,809.72.
Mark Strickland also recently made the following trade(s):
- On Wednesday, September 16th, Mark Strickland sold 110,000 shares of McBride stock. The stock was sold at an average price of GBX 190, for a total value of £209,000.
McBride Price Performance
Shares of LON:MCB opened at GBX 180.80 on Wednesday. The company has a market cap of £306.95 million, a P/E ratio of 10.70, a P/E/G ratio of -0.36 and a beta of 1.51. The business has a fifty day simple moving average of GBX 172.79 and a 200-day simple moving average of GBX 160.57. McBride plc has a 52 week low of GBX 107.60 and a 52 week high of GBX 214.10. The company has a quick ratio of 0.54, a current ratio of 1.10 and a debt-to-equity ratio of 169.22.
McBride (LON:MCB - Get Free Report) last released its earnings results on Tuesday, September 15th. The company reported GBX 21.60 earnings per share for the quarter. McBride had a return on equity of 28.68% and a net margin of 3.21%. Equities research analysts forecast that McBride plc will post 19.2307692 EPS for the current year.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 275 price objective 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 currently has a consensus rating of "Buy" and a consensus price target of GBX 232.50.
Read Our Latest Stock Report on MCB
McBride Company Profile
(
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.
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