McBride (LON:MCB) Insider Sells 110,000 Shares

McBride plc (LON:MCB) insider Mark Strickland sold 110,000 shares of the business’s stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of GBX 190, for a total transaction of £209,000.

McBride Stock Down 2.2%

Shares of LON MCB opened at GBX 189.80 on Thursday. The firm has a market cap of £322.23 million, a price-to-earnings ratio of 11.23, a price-to-earnings-growth ratio of -0.36 and a beta of 1.51. The company’s 50-day simple moving average is GBX 171.14 and its 200-day simple moving average is GBX 159.75. The company has a quick ratio of 0.54, a current ratio of 1.10 and a debt-to-equity ratio of 169.22. McBride plc has a 52-week low of GBX 107.60 and a 52-week high of GBX 214.10.

McBride (LON:MCB) last released its quarterly earnings results on Tuesday, September 15th. The company reported GBX 21.60 earnings per share for the quarter. McBride had a net margin of 3.21% and a return on equity of 28.68%. Equities analysts predict that McBride plc will post 19.2307692 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 275 price target on shares of McBride in a research note on Thursday, September 10th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 232.50.

About McBride

With trading roots dating back to 1927, McBride boasts a strong heritage. As the leading European manufacturer and supplier of private label and contract manufactured products for the domestic household and professional cleaning and hygiene markets, McBride offers end‑to‑end development and manufacturing capabilities to a wide range of customers in Europe and Asia Pacific.