Marshalls (LON:MSLH) Announces Earnings Results

Marshalls (LON:MSLH) posted its quarterly earnings data on Tuesday. The company reported GBX 16 ($0.21) earnings per share for the quarter, Digital Look Earnings reports. Marshalls had a return on equity of 3.32% and a net margin of 3.46%.

Marshalls Stock Down 2.0 %

MSLH stock traded down GBX 5 ($0.07) during trading on Thursday, hitting GBX 242 ($3.15). 480,864 shares of the stock traded hands, compared to its average volume of 1,891,268. The company has a debt-to-equity ratio of 33.19, a current ratio of 1.86 and a quick ratio of 1.34. The stock has a market cap of £608.75 million, a price-to-earnings ratio of 28.26, a price-to-earnings-growth ratio of 0.17 and a beta of 1.26. Marshalls has a 1 year low of GBX 229 ($2.98) and a 1 year high of GBX 366 ($4.76). The firm’s 50 day moving average is GBX 249.78 and its two-hundred day moving average is GBX 296.68.

Marshalls Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Thursday, June 5th will be given a GBX 5.40 ($0.07) dividend. This represents a dividend yield of 2.26%. The ex-dividend date of this dividend is Thursday, June 5th. This is a positive change from Marshalls’s previous dividend of $2.60. Marshalls’s payout ratio is currently 93.44%.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 420 ($5.46) price objective on shares of Marshalls in a report on Wednesday, January 22nd.

Insiders Place Their Bets

In other Marshalls news, insider Justin Lockwood purchased 5,000 shares of the stock in a transaction dated Tuesday, January 21st. The shares were purchased at an average cost of GBX 232 ($3.02) per share, with a total value of £11,600 ($15,090.41). Also, insider Vanda Murray acquired 4,000 shares of Marshalls stock in a transaction that occurred on Wednesday, January 29th. The stock was acquired at an average price of GBX 248 ($3.23) per share, with a total value of £9,920 ($12,904.90). Corporate insiders own 2.73% of the company’s stock.

About Marshalls

Established in the late 1880s, Marshalls plc is a leading UK manufacturer of sustainable solutions for the built environment. It operates through three trading divisions: Landscape Products; Roofing Products; and Building Products. At a Group, divisional and brand level, Marshalls’ strategy centres around its customers who value its unique set of capabilities, namely leading brands, best in class technical and design support and carbon leadership.