IMI (LON:IMI) Insider Purchases £139.30 in Stock

IMI plc (LON:IMI) insider Luke Grant purchased 5 shares of IMI stock in a transaction dated Tuesday, May 12th. The shares were purchased at an average price of GBX 2,786 per share, with a total value of £139.30.

Luke Grant also recently made the following trade(s):

• On Tuesday, April 14th, Luke Grant acquired 6 shares of IMI stock. The shares were bought at an average cost of GBX 2,860 per share, with a total value of £171.60.
• On Tuesday, March 10th, Luke Grant purchased 5 shares of IMI stock. The stock was acquired at an average cost of GBX 2,790 per share, with a total value of £139.50.

IMI Stock Performance

IMI stock opened at GBX 2,688 on Wednesday. The company has a quick ratio of 0.80, a current ratio of 1.50 and a debt-to-equity ratio of 58.04. The company has a market capitalization of £6.46 billion, a PE ratio of 21.71, a P/E/G ratio of 1.12 and a beta of 1.05. The firm has a fifty day simple moving average of GBX 2,739.70 and a two-hundred day simple moving average of GBX 2,634.49. IMI plc has a twelve month low of GBX 1,802.19 and a twelve month high of GBX 3,848.

IMI (LON:IMI) last released its quarterly earnings data on Friday, March 6th. The company reported GBX 132.30 earnings per share (EPS) for the quarter. IMI had a net margin of 14.33% and a return on equity of 24.91%. Research analysts expect that IMI plc will post 137.9737609 EPS for the current year.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. dropped their target price on shares of IMI from GBX 3,100 to GBX 3,050 and set an “overweight” rating on the stock in a research note on Wednesday. Six equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,683.57.

About IMI

IMI plc is a specialist engineering company operating in fluid and motion control markets. We combine our deep engineering knowledge with strong applications expertise to develop solutions for the most acute industry problems. We help our customers become safer, more sustainable and more productive. IMI employs around 10,000 people, has manufacturing facilities in 19 countries and operates a global service network. The Company is listed on the London Stock Exchange and is a constituent of the FTSE4Good Index.