Michelmersh Brick (LON:MBH – Get Free Report) posted its earnings results on Tuesday. The company reported GBX 2.56 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Michelmersh Brick had a return on equity of 3.91% and a net margin of 5.30%.
Michelmersh Brick Price Performance
Shares of MBH traded up GBX 0.02 during mid-day trading on Tuesday, hitting GBX 74.90. The company’s stock had a trading volume of 330,531 shares, compared to its average volume of 155,177. Michelmersh Brick has a fifty-two week low of GBX 66 and a fifty-two week high of GBX 101. The company has a debt-to-equity ratio of 4.83, a current ratio of 2.24 and a quick ratio of 1.56. The stock has a market capitalization of £67.90 million, a price-to-earnings ratio of 19.01 and a beta of 0.81. The firm has a 50-day moving average price of GBX 78.13 and a 200 day moving average price of GBX 78.18.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 130 target price on shares of Michelmersh Brick in a research report on Thursday, May 21st. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of GBX 125.
Michelmersh Brick Company Profile
Michelmersh Brick Holdings PLC is a business with seven market leading brands: Blockleys, Carlton, Charnwood, Freshfield Lane, Michelmersh, Hathern Terra Cotta and Floren. These divisions operate within a fully integrated business combining the manufacture of clay bricks and pavers. The Group also includes a landfill operator, New Acres Limited, and seeks to develop future landfill and development opportunities on ancillary land assets.
Established in 1997 the Company has grown through acquisition and organic growth into a profitable and asset rich business, producing over 120 million clay bricks and pavers per annum.
Featured Stories
- Five stocks we like better than Michelmersh Brick
- Dutch Bros Sell-Off Creates a Growth Opportunity
- NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
- Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
- Medtronic’s Stars Are Aligning for a Price Recovery
Receive News & Ratings for Michelmersh Brick Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Michelmersh Brick and related companies with MarketBeat.com's FREE daily email newsletter.
