Shore Capital Group Reiterates “House Stock” Rating for Macfarlane Group (LON:MACF)

Macfarlane Group (LON:MACF – Get Free Report)‘s stock had its “house stock” rating restated by equities research analysts at Shore Capital Group in a report released on Tuesday,Digital Look reports.

Macfarlane Group Trading Up 1.4%

LON:MACF opened at GBX 66.90 on Tuesday. Macfarlane Group has a twelve month low of GBX 59.80 and a twelve month high of GBX 122. The company has a quick ratio of 0.79, a current ratio of 0.98 and a debt-to-equity ratio of 74.12. The business has a 50 day moving average price of GBX 66.73 and a two-hundred day moving average price of GBX 69.21. The company has a market cap of £104.35 million, a P/E ratio of 16.81 and a beta of 0.53.

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Macfarlane Group (LON:MACF – Get Free Report) last released its quarterly earnings results on Thursday, February 26th. The company reported GBX 3.99 earnings per share for the quarter. Macfarlane Group had a return on equity of 5.20% and a net margin of 2.10%. As a group, analysts expect that Macfarlane Group will post 7.4677529 EPS for the current fiscal year.

Insider Transactions at Macfarlane Group

In other news, insider Aleen Gulvanessian purchased 27,730 shares of Macfarlane Group stock in a transaction on Monday, March 2nd. The stock was purchased at an average price of GBX 72 per share, with a total value of £19,965.60. Also, insider Peter Atkinson sold 38,077 shares of the company’s stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of GBX 6, for a total value of £2,284.62. In the last 90 days, insiders sold 76,257 shares of company stock worth $1,660,042. Insiders own 2.41% of the company’s stock.

Macfarlane Group Company Profile

(Get Free Report)

Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products to businesses in the United Kingdom and Europe. The company operates through Packaging Distribution and Manufacturing Operations segments. The Packaging Distribution segment distributes packaging materials in the United Kingdom, Ireland, and Europe. The Manufacturing Operations segment designs, manufactures, and assembles timber, corrugated, and foam-based packaging materials in the United Kingdom.

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