Key Points
- Insider Robert Ellis sold 65,000 Stelrad Group shares at an average price of GBX 147, generating proceeds of £95,550. This follows two earlier sales in September totaling 211,825 shares.
- Stelrad shares opened at GBX 145, with a market capitalization of approximately £184.66 million and a 52-week trading range of GBX 115.88 to GBX 174.
- Analysts maintain a positive outlook: Berenberg reaffirmed a “buy” rating with a GBX 190 price target, while the company reported quarterly EPS of GBX 7.43 and a 4.85% net margin.
Stelrad Group PLC (LON:SRAD - Get Free Report) insider Robert Ellis sold 65,000 shares of the firm's stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of GBX 147, for a total transaction of £95,550.
Robert Ellis also recently made the following trade(s):
- On Friday, September 18th, Robert Ellis sold 45,091 shares of Stelrad Group stock. The stock was sold at an average price of GBX 145, for a total value of £65,381.95.
- On Thursday, September 3rd, Robert Ellis sold 166,734 shares of Stelrad Group stock. The stock was sold at an average price of GBX 146, for a total value of £243,431.64.
Stelrad Group Stock Performance
LON SRAD opened at GBX 145 on Tuesday. Stelrad Group PLC has a fifty-two week low of GBX 115.88 and a fifty-two week 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 50-day simple moving average of GBX 149.12 and a two-hundred day simple moving average of GBX 143.11. The firm has a market capitalization of £184.66 million, a P/E ratio of 14.27 and a beta of 0.40.
Stelrad Group (LON:SRAD - Get Free Report) last posted its earnings results on Friday, August 7th. The company reported GBX 7.43 earnings per share (EPS) for the quarter. Stelrad Group had a net margin of 4.85% and a return on equity of 23.96%. On average, equities analysts forecast that Stelrad Group PLC will post 14.9369544 earnings per share for the current year.
Wall Street Analyst Weigh In
Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 190 price objective on shares of Stelrad Group in a research note on Friday, August 7th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Stelrad Group currently has a consensus rating of "Buy" and an average price target of GBX 190.
Check Out Our Latest Stock Report on Stelrad Group
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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