Key Points
- Insider Robert Ellis sold 166,734 Stelrad Group shares at an average price of GBX 146, generating total proceeds of approximately £243,432.
- Stelrad shares opened at GBX 152, with a market capitalization of about £193.6 million and a one-year trading range of GBX 115.88 to GBX 174.
- Analyst sentiment remains positive: Berenberg reiterated a “Buy” rating with a GBX 190 price target, matching the stock’s consensus rating and target.
Stelrad Group PLC (LON:SRAD - Get Free Report) insider Robert Ellis sold 166,734 shares of Stelrad Group stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of GBX 146, for a total value of £243,431.64.
Stelrad Group Price Performance
Shares of LON:SRAD opened at GBX 152 on Friday. The company has a 50-day simple moving average of GBX 153.45 and a 200-day simple moving average of GBX 141.77. Stelrad Group PLC has a one year low of GBX 115.88 and a one year high of GBX 174. The company has a debt-to-equity ratio of 148.26, a quick ratio of 0.76 and a current ratio of 1.98. The stock has a market capitalization of £193.58 million, a price-to-earnings ratio of 230.30 and a beta of 0.40.
Stelrad Group (LON:SRAD - Get Free Report) last issued its quarterly earnings results on Friday, August 7th. The company reported GBX 7.43 earnings per share for the quarter. Stelrad Group had a return on equity of 23.96% and a net margin of 4.85%. On average, analysts predict that Stelrad Group PLC will post 14.9369544 EPS for the current year.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 190 target price on shares of Stelrad Group in a research report on Friday, August 7th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of GBX 190.
View Our Latest Report on SRAD
About Stelrad Group
(
Get Free Report)
Stelrad is a leading specialist manufacturer and distributor of steel panel radiators in the UK, Europe and Turkey, selling an extensive range of standard and premium steel panel radiators, low surface temperature radiators, towel warmers, decorative steel tubular radiators and other steel “column” radiators.
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