Key Points
- Insider sale: Marks and Spencer Group insider Alison Dolan sold 85,000 shares on May 22 at an average price of GBX 359, for proceeds of about £305,150.
- Recent performance and fundamentals: The stock opened at GBX 347.20 and remains near its 50-day and 200-day averages, while the company reported quarterly EPS of GBX 23.80 and revenue of GBX 1,727.36 billion. Marks and Spencer also posted a return on equity of 8.86% and a net margin of 1.50%.
- Analyst outlook: Wall Street sentiment remains positive, with six Buy ratings and two Hold ratings, leading to a Moderate Buy consensus. The average target price is GBX 418.57, with several firms raising or reaffirming buy-rated targets above current levels.
Marks and Spencer Group plc (LON:MKS - Get Free Report) insider Alison Dolan sold 85,000 shares of the business's stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of GBX 359, for a total value of £305,150.
Marks and Spencer Group Stock Performance
Shares of MKS opened at GBX 347.20 on Friday. The company has a quick ratio of 0.42, a current ratio of 0.86 and a debt-to-equity ratio of 111.89. The business's 50 day moving average price is GBX 342.36 and its 200-day moving average price is GBX 352.21. Marks and Spencer Group plc has a 52 week low of GBX 301.10 and a 52 week high of GBX 411.80. The stock has a market cap of £7.03 billion, a P/E ratio of 385.78, a P/E/G ratio of 0.20 and a beta of 1.02.
Marks and Spencer Group (LON:MKS - Get Free Report) last issued its quarterly earnings results on Wednesday, May 20th. The retailer reported GBX 23.80 EPS for the quarter. Marks and Spencer Group had a return on equity of 8.86% and a net margin of 1.50%.The firm had revenue of GBX 1,727.36 billion for the quarter. Equities research analysts anticipate that Marks and Spencer Group plc will post 26.0113154 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on the company. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 440 price objective on shares of Marks and Spencer Group in a research report on Thursday. Berenberg Bank upped their price objective on Marks and Spencer Group from GBX 415 to GBX 480 and gave the company a "buy" rating in a research report on Thursday. UBS Group reaffirmed a "buy" rating and issued a GBX 425 price objective on shares of Marks and Spencer Group in a research report on Monday, May 18th. Shore Capital Group reaffirmed a "house stock" rating on shares of Marks and Spencer Group in a research report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 435 price objective on shares of Marks and Spencer Group in a research report on Thursday. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 418.57.
Check Out Our Latest Research Report on MKS
About Marks and Spencer Group
(
Get Free Report)
M&S has a heritage of quality, innovation and value for money and has been voted the UK's most trusted brand. From these foundations, M&S is reshaping for sustainable profitable growth and value creation.
We operate as a family of businesses, selling high-quality, great-value, own-brand products and services, alongside a carefully selected range of third-party brands. We do this through a network of stores and websites globally, and together, across our stores, support centres, warehouses and supply chain, our 65,000 colleagues serve over 30 million customers each year.
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