Key Points
- Stelrad Group insider Robert Ellis sold 373,175 shares at an average price of GBX 145, generating proceeds of £541,103.75. He has also made three other significant sales since September.
- Stelrad shares opened at GBX 148, with a market capitalization of approximately £188.48 million and a 52-week range of GBX 115.88 to GBX 174.
- Analysts remain positive: Berenberg reiterated a “Buy” rating and set 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 373,175 shares of the company's stock in a transaction on Thursday, October 22nd. The stock was sold at an average price of GBX 145, for a total transaction of £541,103.75.
Robert Ellis also recently made the following trade(s):
- On Friday, October 2nd, Robert Ellis sold 65,000 shares of Stelrad Group stock. The shares were sold at an average price of GBX 147, for a total value of £95,550.
- 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 shares were sold at an average price of GBX 146, for a total transaction of £243,431.64.
Stelrad Group Stock Performance
Stelrad Group stock opened at GBX 148 on Friday. The stock has a 50 day moving average of GBX 146.18 and a 200-day moving average of GBX 145.07. Stelrad Group PLC has a 52 week low of GBX 115.88 and a 52 week high of GBX 174. The stock has a market cap of £188.48 million, a P/E ratio of 14.57 and a beta of 0.41. 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 announced its quarterly earnings data on Friday, August 7th. The company reported GBX 7.43 earnings per share for the quarter. Stelrad Group had a net margin of 4.85% and a return on equity of 23.96%. On average, analysts expect that Stelrad Group PLC will post 14.94 EPS for the current fiscal year.
Analyst Ratings Changes
Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 190 price objective on shares of Stelrad Group in a report on Friday, August 7th. One research analyst has rated the stock with a Buy rating. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average price target of GBX 190.
Check Out Our Latest Analysis on Stelrad Group
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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