Ibstock (LON:IBST) Insider Sells £16,726.24 in Stock

Ibstock plc (LON:IBST) insider Joe Hudson sold 15,632 shares of the firm’s stock in a transaction on Monday, April 20th. The stock was sold at an average price of GBX 107, for a total transaction of £16,726.24.

Joe Hudson also recently made the following trade(s):

• On Monday, March 23rd, Joe Hudson sold 64,484 shares of Ibstock stock. The stock was sold at an average price of GBX 103, for a total transaction of £66,418.52.

Ibstock Price Performance

Shares of Ibstock stock opened at GBX 106.98 on Friday. The firm has a market cap of £422.47 million, a PE ratio of 133.73, a price-to-earnings-growth ratio of 0.47 and a beta of 0.88. Ibstock plc has a 12-month low of GBX 97 and a 12-month high of GBX 200.50. The company has a quick ratio of 1.19, a current ratio of 1.33 and a debt-to-equity ratio of 44.59. The company’s fifty day simple moving average is GBX 112.90 and its two-hundred day simple moving average is GBX 126.21.

Ibstock (LON:IBST) last announced its quarterly earnings results on Thursday, March 5th. The company reported GBX 5.70 earnings per share (EPS) for the quarter. Ibstock had a net margin of 0.83% and a return on equity of 0.79%. As a group, equities analysts expect that Ibstock plc will post 11.0089552 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on IBST. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Ibstock from GBX 144 to GBX 110 and set a “hold” rating for the company in a research report on Tuesday, March 24th. Jefferies Financial Group dropped their target price on shares of Ibstock from GBX 133 to GBX 127 and set a “buy” rating for the company in a research report on Monday. Finally, Berenberg Bank dropped their target price on shares of Ibstock from GBX 150 to GBX 135 and set a “hold” rating for the company in a research report on Wednesday, January 21st. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ibstock has an average rating of “Moderate Buy” and an average price target of GBX 135.50.

Ibstock Company Profile

Ibstock plc manufactures and sells clay and concrete building products and solutions to customers in the residential construction sector in the United Kingdom. The company offers bricks and masonry, which includes facing and engineering bricks, brick slips, special shaped bricks, walling stone, architectural masonry, prefabricated components, eco-habitats, and padstones and lintels, as well as façade systems; roofing products comprising roof tiles and accessories, and chimneys; and flooring and lintels, such as beam and block flooring, insulated flooring, hollowcore, and screed rails.