Richard Pike Purchases 12 Shares of Johnson Matthey (LON:JMAT) Stock

Johnson Matthey PLC (LON:JMAT) insider Richard Pike bought 12 shares of the stock in a transaction that occurred on Friday, July 10th. The stock was bought at an average cost of GBX 1,909 per share, for a total transaction of £229.08.

Richard Pike also recently made the following trade(s):

• On Wednesday, June 10th, Richard Pike acquired 14 shares of Johnson Matthey stock. The shares were bought at an average price of GBX 1,990 per share, for a total transaction of £278.60.
• On Wednesday, May 13th, Richard Pike bought 10 shares of Johnson Matthey stock. The stock was bought at an average price of GBX 2,158 per share, with a total value of £215.80.

Johnson Matthey Price Performance

LON JMAT traded up GBX 29.29 during trading hours on Monday, reaching GBX 1,924. 362,535 shares of the stock traded hands, compared to its average volume of 2,669,878. The company has a debt-to-equity ratio of 69.69, a current ratio of 1.56 and a quick ratio of 0.76. The stock has a 50 day simple moving average of GBX 2,076.73 and a two-hundred day simple moving average of GBX 2,105.16. Johnson Matthey PLC has a 1 year low of GBX 1,730.72 and a 1 year high of GBX 2,434. The company has a market cap of £3.23 billion, a price-to-earnings ratio of -33.64, a price-to-earnings-growth ratio of 49,242.50 and a beta of 0.94.

Johnson Matthey (LON:JMAT) last issued its earnings results on Thursday, May 28th. The company reported GBX 128.50 EPS for the quarter. Johnson Matthey had a negative net margin of 0.76% and a negative return on equity of 4.66%. The company had revenue of GBX 1,257.30 billion for the quarter. On average, analysts predict that Johnson Matthey PLC will post 173.4112903 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. UBS Group reiterated a “neutral” rating and set a GBX 2,200 target price on shares of Johnson Matthey in a report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 2,400 price objective on shares of Johnson Matthey in a research report on Monday, July 6th. Jefferies Financial Group restated a “restricted” rating on shares of Johnson Matthey in a research note on Friday, May 29th. Finally, Berenberg Bank upped their price target on Johnson Matthey from GBX 2,100 to GBX 2,300 and gave the stock a “buy” rating in a research note on Monday, June 1st. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 2,298.33.

Johnson Matthey Company Profile

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, they improve the function, performance and safety of their customers’ products. Their science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources. Today more than 13,000 Johnson Matthey professionals collaborate with their network of customers and partners to make a real difference to the world around us.