Johnson Matthey (LON:JMAT) Insider Purchases £95,715 in Stock

Johnson Matthey PLC (LON:JMAT) insider Liam Condon acquired 4,500 shares of the stock in a transaction dated Monday, June 1st. The shares were purchased at an average cost of GBX 2,127 per share, with a total value of £95,715.

Liam Condon also recently made the following trade(s):

• On Wednesday, April 15th, Liam Condon acquired 12 shares of Johnson Matthey stock. The shares were purchased at an average cost of GBX 2,022 per share, with a total value of £242.64.
• On Wednesday, March 11th, Liam Condon acquired 14 shares of Johnson Matthey stock. The shares were purchased at an average cost of GBX 1,941 per share, with a total value of £271.74.

Johnson Matthey Stock Up 1.2%

Shares of LON JMAT traded up GBX 25.93 on Tuesday, reaching GBX 2,145.93. 642,499 shares of the company’s stock traded hands, compared to its average volume of 2,805,506. The company has a quick ratio of 0.76, a current ratio of 1.56 and a debt-to-equity ratio of 69.69. Johnson Matthey PLC has a 12 month low of GBX 1,660 and a 12 month high of GBX 2,434. The company has a market cap of £3.60 billion, a price-to-earnings ratio of -32.56, a price-to-earnings-growth ratio of 49,242.50 and a beta of 0.91. The business’s 50 day simple moving average is GBX 2,037.08 and its two-hundred day simple moving average is GBX 2,107.42.

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

Analyst Upgrades and Downgrades

A number of research firms have commented on JMAT. UBS Group reaffirmed a “neutral” rating and issued a GBX 2,200 price objective on shares of Johnson Matthey in a report on Friday, May 22nd. Berenberg Bank lifted their price objective on shares of Johnson Matthey from GBX 2,100 to GBX 2,300 and gave the stock a “buy” rating in a report on Monday. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Johnson Matthey from GBX 2,120 to GBX 2,400 and gave the company a “buy” rating in a report on Friday. Finally, Jefferies Financial Group reissued a “restricted” rating on shares of Johnson Matthey in a report on Friday. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Johnson Matthey currently has an average rating of “Moderate Buy” and a consensus target price of GBX 2,298.33.

About Johnson Matthey

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.