Marshalls (LON:MSLH) Releases Quarterly Earnings Results

Marshalls (LON:MSLH) announced its earnings results on Tuesday. The company reported GBX 16 ($0.21) EPS 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 Performance

LON:MSLH remained flat at GBX 247 ($3.21) during trading hours on Thursday. The company had a trading volume of 2,154,336 shares, compared to its average volume of 1,921,151. The company has a debt-to-equity ratio of 33.19, a quick ratio of 1.34 and a current ratio of 1.86. Marshalls has a 52-week low of GBX 229 ($2.98) and a 52-week high of GBX 366 ($4.76). The stock has a fifty day moving average price of GBX 249.78 and a two-hundred day moving average price of GBX 296.68. The stock has a market cap of £621.33 million, a price-to-earnings ratio of 28.85, a P/E/G ratio of 0.17 and a beta of 1.26.

Marshalls Increases Dividend

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

Insiders Place Their Bets

In related news, insider Simon Bourne sold 14,048 shares of the stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of GBX 237 ($3.08), for a total transaction of £33,293.76 ($43,311.77). Also, insider Justin Lockwood acquired 5,000 shares of Marshalls stock in a transaction on Tuesday, January 21st. The stock was purchased at an average price of GBX 232 ($3.02) per share, with a total value of £11,600 ($15,090.41). Insiders own 2.73% of the company’s stock.

Analyst Upgrades and Downgrades

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

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.