Key Points
- Insider selling: Robert Ellis sold 45,091 Stelrad Group shares at GBX 145, worth approximately £65,382, following the sale of 166,734 shares earlier in September for about £243,432.
- Stock performance and fundamentals: Stelrad shares opened at GBX 144, with a market capitalization of £183.39 million, a P/E ratio of 14.17, and a 12-month trading range of GBX 115.88 to GBX 174.
- Analyst outlook remains positive: Berenberg reiterated a “Buy” rating and set a GBX 190 price target; the stock has a consensus “Buy” rating and the same GBX 190 target.
Stelrad Group PLC (LON:SRAD - Get Free Report) insider Robert Ellis sold 45,091 shares of the business's stock in a transaction on Friday, September 18th. The stock was sold at an average price of GBX 145, for a total transaction of £65,381.95.
Robert Ellis also recently made the following trade(s):
- On Thursday, September 3rd, Robert Ellis sold 166,734 shares of Stelrad Group stock. The shares were sold at an average price of GBX 146, for a total transaction of £243,431.64.
Stelrad Group Price Performance
SRAD opened at GBX 144 on Tuesday. The company has a fifty day simple moving average of GBX 152.20 and a 200 day simple moving average of GBX 142.21. The firm has a market cap of £183.39 million, a price-to-earnings ratio of 14.17 and a beta of 0.40. Stelrad Group PLC has a twelve month low of GBX 115.88 and a twelve month high of GBX 174. The company has a current ratio of 1.98, a quick ratio of 0.76 and a debt-to-equity ratio of 148.26.
Stelrad Group (LON:SRAD - Get Free Report) last issued its quarterly earnings data on Friday, August 7th. The company reported GBX 7.43 EPS for the quarter. Stelrad Group had a net margin of 4.85% and a return on equity of 23.96%. Equities research analysts expect that Stelrad Group PLC will post 14.9369544 EPS for the current fiscal year.
Analysts Set New Price Targets
Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 190 price target on shares of Stelrad Group in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of GBX 190.
Check Out Our Latest Report on SRAD
Stelrad Group Company Profile
(
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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