Andrew Cosslett Purchases 6,884 Shares of Johnson Matthey (LON:JMAT) Stock

Johnson Matthey PLC (LON:JMAT) insider Andrew Cosslett purchased 6,884 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was bought at an average cost of GBX 2,168 per share, for a total transaction of £149,245.12.

Johnson Matthey Stock Performance

LON:JMAT opened at GBX 2,202 on Wednesday. The company has a debt-to-equity ratio of 69.69, a quick ratio of 0.76 and a current ratio of 1.56. The stock has a market capitalization of £3.69 billion, a PE ratio of -33.41, a P/E/G ratio of 49,242.50 and a beta of 0.91. Johnson Matthey PLC has a fifty-two week low of GBX 1,660 and a fifty-two week high of GBX 2,434. The company has a fifty day moving average of GBX 2,037.08 and a two-hundred day moving average of GBX 2,107.42.

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

Analyst Ratings Changes

A number of brokerages recently commented on JMAT. UBS Group reiterated a “neutral” rating and set a GBX 2,200 price objective on shares of Johnson Matthey in a research report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Johnson Matthey from GBX 2,120 to GBX 2,400 and gave the stock a “buy” rating in a research note on Friday, May 29th. Berenberg Bank lifted their target price on Johnson Matthey from GBX 2,100 to GBX 2,300 and gave the company a “buy” rating in a research report on Monday. Finally, Jefferies Financial Group restated a “restricted” rating on shares of Johnson Matthey in a report on Friday, May 29th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target 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.