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

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

Mitie Group Price Performance

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

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

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on MTO shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 195 price target on shares of Mitie Group in a research report on Monday, June 8th. Berenberg Bank lifted their price target on shares of Mitie Group from GBX 215 to GBX 230 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Finally, Royal Bank Of Canada decreased their price target on Mitie Group from GBX 205 to GBX 200 and set an “outperform” rating for the company in a research note on Friday, June 5th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 192.20.

Mitie Group Company Profile

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.