Alastair Judge Buys 14 Shares of Johnson Matthey (LON:JMAT) Stock

Johnson Matthey PLC (LON:JMAT) insider Alastair Judge acquired 14 shares of the stock in a transaction on Wednesday, June 10th. The stock was bought at an average cost of GBX 1,990 per share, for a total transaction of £278.60.

Alastair Judge also recently made the following trade(s):

• On Wednesday, May 13th, Alastair Judge purchased 10 shares of Johnson Matthey stock. The stock was acquired at an average cost of GBX 2,158 per share, for a total transaction of £215.80.
• On Wednesday, April 15th, Alastair Judge purchased 14 shares of Johnson Matthey stock. The stock was acquired at an average cost of GBX 2,022 per share, for a total transaction of £283.08.

Johnson Matthey Stock Performance

Shares of LON JMAT traded up GBX 16 during midday trading on Monday, hitting GBX 2,082. The company’s stock had a trading volume of 33,354,254 shares, compared to its average volume of 2,908,089. The stock has a fifty day moving average price of GBX 2,079.08 and a 200 day moving average price of GBX 2,108.85. Johnson Matthey PLC has a one year low of GBX 1,674 and a one year high of GBX 2,434. The company has a current ratio of 1.56, a quick ratio of 0.76 and a debt-to-equity ratio of 69.69. The firm has a market capitalization of £3.49 billion, a price-to-earnings ratio of -36.40, a P/E/G ratio of 49,242.50 and a beta of 0.93.

Johnson Matthey (LON:JMAT) last posted its quarterly 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 for the quarter. Johnson Matthey had a negative net margin of 0.76% and a negative return on equity of 4.66%. On average, research analysts forecast that Johnson Matthey PLC will post 173.4112903 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Jefferies Financial Group reissued a “restricted” rating on shares of Johnson Matthey in a research note on Friday, May 29th. Berenberg Bank upped 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. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Johnson Matthey from GBX 2,120 to GBX 2,400 and gave the company a “buy” rating in a research note on Friday, May 29th. Finally, UBS Group reaffirmed a “neutral” rating and issued a GBX 2,200 price objective on shares of Johnson Matthey in a research note on Friday, May 22nd. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently 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.