Morgan Sindall Group plc (LON:MGNS) Insider Kelly Gangotra Purchases 660 Shares of Stock

Morgan Sindall Group plc (LON:MGNS) insider Kelly Gangotra bought 660 shares of Morgan Sindall Group stock in a transaction that occurred on Monday, August 4th. The shares were acquired at an average price of GBX 4,510 ($59.94) per share, for a total transaction of £29,766 ($39,561.40).

Morgan Sindall Group Stock Performance

LON MGNS opened at GBX 4,551.20 ($60.49) on Tuesday. The firm has a market capitalization of £2.15 billion, a P/E ratio of 17.13, a P/E/G ratio of -68.20 and a beta of 1.31. Morgan Sindall Group plc has a 1-year low of GBX 2,585 ($34.36) and a 1-year high of GBX 4,875 ($64.79). The company has a debt-to-equity ratio of 18.51, a current ratio of 1.18 and a quick ratio of 0.87. The business’s 50-day simple moving average is GBX 4,303.19 and its 200-day simple moving average is GBX 3,750.31.

Morgan Sindall Group (LON:MGNS) last released its quarterly earnings data on Tuesday, July 29th. The company reported GBX 153.10 ($2.03) earnings per share for the quarter. Morgan Sindall Group had a return on equity of 21.60% and a net margin of 2.82%. Equities analysts predict that Morgan Sindall Group plc will post 238.9649924 EPS for the current year.

Wall Street Analysts Forecast Growth

MGNS has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft increased their target price on Morgan Sindall Group from GBX 4,600 ($61.14) to GBX 5,000 ($66.45) and gave the stock a “buy” rating in a research report on Tuesday, July 29th. Berenberg Bank reiterated a “buy” rating and set a GBX 5,000 ($66.45) target price on shares of Morgan Sindall Group in a research report on Tuesday, July 29th. Finally, Peel Hunt reiterated an “add” rating and set a GBX 4,800 ($63.80) target price on shares of Morgan Sindall Group in a research report on Tuesday, July 29th.

About Morgan Sindall Group

Morgan Sindall Group plc, the Partnerships, Fit Out and Construction Services Group, reported an annual revenue of £4.5bn in the full year 2024. The Group employs over 8,000 employees and operates in the public, regulated and private sectors. It reports through six divisions of Partnership Housing, Mixed Use Partnerships, Fit Out, Construction, Infrastructure and Property Services.