Marston’s (LON:MARS) Shares Down 13.4% – Should You Sell?

Marston’s PLC (LON:MARS) fell 13.4% during mid-day trading on Thursday . The company traded as low as GBX 57.45 and last traded at GBX 59.70. 107,206,734 shares traded hands during mid-day trading, an increase of 1,216% from the average session volume of 8,147,116 shares. The stock had previously closed at GBX 68.90.

Analysts Set New Price Targets

Several research firms have recently weighed in on MARS. Shore Capital reiterated a “buy” rating on shares of Marston’s in a research report on Wednesday. Panmure Gordon reiterated a “buy” rating and set a GBX 80 price target on shares of Marston’s in a report on Tuesday, November 25th. JPMorgan Chase & Co. boosted their price objective on Marston’s from GBX 78 to GBX 85 and gave the company an “overweight” rating in a research note on Tuesday, December 2nd. Finally, Peel Hunt restated a “buy” rating and set a GBX 75 target price on shares of Marston’s in a research report on Tuesday, November 25th. Four equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of GBX 80.

Marston’s Trading Down 0.2%

The business has a 50 day moving average of GBX 61.09 and a two-hundred day moving average of GBX 48.48. The firm has a market capitalization of £381.98 million, a price-to-earnings ratio of 5.44, a P/E/G ratio of -0.16 and a beta of 1.68. The company has a debt-to-equity ratio of 198.96, a quick ratio of 0.23 and a current ratio of 0.36.

Marston’s (LON:MARS) last announced its quarterly earnings data on Monday, December 15th. The company reported GBX 8.50 EPS for the quarter. Marston’s had a negative return on equity of 2.72% and a negative net margin of 1.91%. Equities analysts predict that Marston’s PLC will post 8.364486 EPS for the current year.

Insider Transactions at Marston’s

In other Marston’s news, insider Justin Platt purchased 158,309 shares of the firm’s stock in a transaction on Wednesday, December 24th. The stock was acquired at an average price of GBX 59 per share, for a total transaction of £93,402.31. Insiders own 1.32% of the company’s stock.

Marston’s Company Profile

Marston’s PLC operates managed, franchised, tenanted, partnership, and leased pubs in the United Kingdom. It is also involved in the property management; telecommunications; and insurance businesses. The company was formerly known as The Wolverhampton & Dudley Breweries PLC and changed its name to Marston’s PLC in January 2007. The company was founded in 1834 and is based in Wolverhampton, the United Kingdom.