Nichols (LON:NICL) Insider Buys £4,977.30 in Stock

Key Points

  • Insider purchase: Nichols director Elizabeth McMeikan bought 470 shares at GBX 1,059 each, investing a total of £4,977.30.
  • Financial position: Nichols reported quarterly EPS of GBX 30.30, with a 13.39% net margin and 24.74% return on equity. Analysts expect full-year EPS of approximately GBX 62.44.
  • Analyst outlook: The stock has a consensus rating of “Moderate Buy” and a GBX 1,400 target price; Berenberg recently raised its target to GBX 1,750.

Nichols plc (LON:NICL - Get Free Report) insider Elizabeth McMeikan bought 470 shares of the company's stock in a transaction that occurred on Wednesday, August 12th. The stock was bought at an average cost of GBX 1,059 per share, for a total transaction of £4,977.30.

Nichols Price Performance

Shares of LON:NICL opened at GBX 1,075.50 on Friday. The company's fifty day moving average price is GBX 985.82 and its 200 day moving average price is GBX 969.20. Nichols plc has a 12 month low of GBX 880 and a 12 month high of GBX 1,272.97. The company has a debt-to-equity ratio of 3.08, a current ratio of 3.53 and a quick ratio of 2.58. The firm has a market capitalization of £393.26 million, a P/E ratio of 16.52 and a beta of 0.45.

Nichols (LON:NICL - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The company reported GBX 30.30 earnings per share (EPS) for the quarter. Nichols had a net margin of 13.39% and a return on equity of 24.74%. As a group, sell-side analysts predict that Nichols plc will post 62.4371859 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently issued reports on NICL shares. Berenberg Bank upped their target price on Nichols from GBX 1,720 to GBX 1,750 and gave the company a "buy" rating in a research report on Monday. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 1,150 price objective on shares of Nichols in a research note on Thursday, July 30th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 1,400.




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