Mary Reilly Purchases 1,503 Shares of Mitie Group (LON:MTO) Stock

Mitie Group plc (LON:MTO – Get Free Report) insider Mary Reilly bought 1,503 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The stock was purchased at an average cost of GBX 149 per share, with a total value of £2,239.47.

Mitie Group Stock Performance

Shares of Mitie Group stock traded up GBX 2.10 during trading hours on Wednesday, reaching GBX 151.50. 2,547,038 shares of the stock traded hands, compared to its average volume of 18,820,633. Mitie Group plc has a one year low of GBX 134.80 and a one year high of GBX 188.10. The company has a quick ratio of 0.83, a current ratio of 0.89 and a debt-to-equity ratio of 107.60. The firm has a market capitalization of £1.90 billion, a price-to-earnings ratio of 20.75, a P/E/G ratio of 10.10 and a beta of 0.86. The company has a 50 day moving average price of GBX 168.05 and a 200 day moving average price of GBX 170.80.

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

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Berenberg Bank upped their price objective on Mitie Group from GBX 215 to GBX 230 and gave the company a “buy” rating in a report on Wednesday, June 24th. Royal Bank Of Canada decreased their price objective on shares of Mitie Group from GBX 205 to GBX 200 and set an “outperform” rating on the stock in a research report on Friday, June 5th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 195 price target on shares of Mitie Group in a report on Monday, June 8th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 192.20.

Read Our Latest Report on MTO

About Mitie Group

(Get Free Report)

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.

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