Key Points
- Mitie insider Simon Kirkpatrick sold 656,219 shares at an average of GBX 209, generating proceeds of approximately £1.37 million. He previously sold another 99,531 shares in June.
- Mitie shares opened at GBX 208 and were down 0.2%, with the stock near its one-year high of GBX 214 and a market capitalization of approximately £2.71 billion.
- Analysts maintain a generally positive outlook, with four Buy ratings and one Hold rating, producing a consensus “Moderate Buy” rating and an average price target of GBX 192.20.
Mitie Group plc (LON:MTO - Get Free Report) insider Simon Kirkpatrick sold 656,219 shares of the firm's stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of GBX 209, for a total transaction of £1,371,497.71.
Simon Kirkpatrick also recently made the following trade(s):
- On Monday, June 8th, Simon Kirkpatrick sold 99,531 shares of Mitie Group stock. The shares were sold at an average price of GBX 165, for a total transaction of £164,226.15.
Mitie Group Trading Down 0.2%
Shares of MTO stock opened at GBX 208 on Friday. The stock has a market capitalization of £2.71 billion, a price-to-earnings ratio of 34.10, a PEG ratio of 10.10 and a beta of 0.90. The company's fifty day simple moving average is GBX 178.68 and its two-hundred day simple moving average is GBX 175.89. Mitie Group plc has a 1 year low of GBX 134.80 and a 1 year high of GBX 214. The company has a debt-to-equity ratio of 107.60, a current ratio of 0.89 and a quick ratio of 0.83.
Mitie Group (LON:MTO - Get Free Report) last posted its quarterly earnings results on Thursday, June 4th. The company reported GBX 13.60 EPS for the quarter. The firm had revenue of GBX 561.86 billion during the quarter. Mitie Group had a return on equity of 15.86% and a net margin of 1.47%. As a group, analysts anticipate that Mitie Group plc will post 10.9360519 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several research analysts have commented on MTO shares. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 195 target price on shares of Mitie Group in a research note on Monday, June 8th. Berenberg Bank reissued a "buy" rating and issued a GBX 230 price target on shares of Mitie Group in a report on Wednesday, July 22nd. Finally, Royal Bank Of Canada cut their price objective on shares of Mitie Group from GBX 205 to GBX 200 and set an "outperform" rating for the company in a research report on Friday, June 5th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of GBX 192.20.
Get Our Latest Stock Report on MTO
Mitie Group Company Profile
(
Get Free Report)
Mitie Group plc, together with its subsidiaries, provides facilities management and professional services in the United Kingdom and internationally. The company operates in four segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities. The company provides decarbonization, electrical grid connections, emission intelligence, energy and carbon, EV fleets, and heat solutions, as well as solar energy; cleaning and hygiene, engineering maintenance, integrated facilities management, landscape, and waste management services; project and workplace services; and Fire & security systems, front of house, intelligence, vetting, and security guarding service.
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