Johnson Matthey (LON:JMAT) Insider Buys £267.26 in Stock

Johnson Matthey PLC (LON:JMAT) insider Liam Condon acquired 14 shares of Johnson Matthey stock in a transaction that occurred on Friday, July 10th. The shares were purchased at an average price of GBX 1,909 per share, for a total transaction of £267.26.

Liam Condon also recently made the following trade(s):

• On Wednesday, June 10th, Liam Condon bought 12 shares of Johnson Matthey stock. The shares were acquired at an average price of GBX 1,990 per share, with a total value of £238.80.
• On Monday, June 1st, Liam Condon purchased 4,500 shares of Johnson Matthey stock. The stock was acquired at an average price of GBX 2,127 per share, for a total transaction of £95,715.
• On Wednesday, April 15th, Liam Condon bought 12 shares of Johnson Matthey stock. The shares were bought at an average cost of GBX 2,022 per share, with a total value of £242.64.

Johnson Matthey Stock Performance

Shares of JMAT stock traded up GBX 29.29 during trading hours on Monday, reaching GBX 1,924. The stock had a trading volume of 362,535 shares, compared to its average volume of 2,669,878. The firm has a 50-day simple moving average of GBX 2,076.73 and a 200-day simple moving average of GBX 2,105.16. The firm has a market capitalization of £3.23 billion, a PE ratio of -33.64, a price-to-earnings-growth ratio of 49,242.50 and a beta of 0.94. The company has a debt-to-equity ratio of 69.69, a current ratio of 1.56 and a quick ratio of 0.76. Johnson Matthey PLC has a twelve month low of GBX 1,730.72 and a twelve month high of GBX 2,434.

Johnson Matthey (LON:JMAT) last issued its earnings results on Thursday, May 28th. The company reported GBX 128.50 earnings per share (EPS) for the quarter. The company had revenue of GBX 1,257.30 billion during the quarter. Johnson Matthey had a negative net margin of 0.76% and a negative return on equity of 4.66%. As a group, equities analysts forecast that Johnson Matthey PLC will post 173.4112903 earnings per share for the current year.

Analysts Set New Price Targets

JMAT has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 2,400 price target on shares of Johnson Matthey in a report on Monday, July 6th. Jefferies Financial Group restated a “restricted” rating on shares of Johnson Matthey in a report on Friday, May 29th. Berenberg Bank increased their price objective on shares of Johnson Matthey from GBX 2,100 to GBX 2,300 and gave the company a “buy” rating in a research note on Monday, June 1st. Finally, UBS Group reiterated a “neutral” rating and set a GBX 2,200 target price on shares of Johnson Matthey in a research report on Friday, May 22nd. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Johnson Matthey currently has an average rating of “Moderate Buy” and an average target price of GBX 2,298.33.

Johnson Matthey Company Profile

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, they improve the function, performance and safety of their customers’ products. Their science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources. Today more than 13,000 Johnson Matthey professionals collaborate with their network of customers and partners to make a real difference to the world around us.