Mitie Group (LON:MTO) Insider Phillip Bentley Buys 72 Shares of Stock

Mitie Group plc (LON:MTO) insider Phillip Bentley acquired 72 shares of the business’s stock in a transaction dated Thursday, August 13th. The shares were bought at an average cost of GBX 208 per share, for a total transaction of £149.76.

Phillip Bentley also recently made the following trade(s):

• On Monday, June 8th, Phillip Bentley sold 248,985 shares of Mitie Group stock. The shares were sold at an average price of GBX 165, for a total transaction of £410,825.25.

Mitie Group Stock Up 0.1%

Shares of LON:MTO traded up GBX 0.12 during mid-day trading on Monday, hitting GBX 208.12. 7,267,292 shares of the company traded hands, compared to its average volume of 17,361,408. Mitie Group plc has a 12-month low of GBX 134.80 and a 12-month high of GBX 214. The company has a current ratio of 0.89, a quick ratio of 0.83 and a debt-to-equity ratio of 107.60. The stock has a market cap of £2.71 billion, a P/E ratio of 34.12, a P/E/G ratio of 10.10 and a beta of 0.90. The stock has a 50-day moving average price of GBX 174.93 and a two-hundred day moving average price of GBX 174.81.

Mitie Group (LON:MTO) last issued its quarterly earnings results on Thursday, June 4th. The company reported GBX 13.60 EPS for the quarter. Mitie Group had a return on equity of 15.86% and a net margin of 1.47%.The company had revenue of GBX 561.86 billion during the quarter. On average, equities research analysts forecast that Mitie Group plc will post 10.9360519 earnings per share for the current year.

Analysts Set New Price Targets

MTO has been the subject of several research analyst reports. Royal Bank Of Canada dropped their price objective on Mitie Group from GBX 205 to GBX 200 and set an “outperform” rating for the company in a research note on Friday, June 5th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 195 target price on shares of Mitie Group in a report on Monday, June 8th. Finally, Berenberg Bank reissued a “buy” rating and set a GBX 230 price objective on shares of Mitie Group in a research note on Wednesday, July 22nd. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 192.20.

Mitie Group Company Profile

Mitie Group plc, together with its subsidiaries, provides facilities management and professional services in the United Kingdom and internationally. The company operates in four segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities. The company provides decarbonization, electrical grid connections, emission intelligence, energy and carbon, EV fleets, and heat solutions, as well as solar energy; cleaning and hygiene, engineering maintenance, integrated facilities management, landscape, and waste management services; project and workplace services; and Fire & security systems, front of house, intelligence, vetting, and security guarding service.