IMI (LON:IMI) Insider Roy Twite Purchases 5 Shares

IMI plc (LON:IMI) insider Roy Twite bought 5 shares of IMI stock in a transaction dated Tuesday, April 14th. The stock was purchased at an average cost of GBX 2,860 per share, for a total transaction of £143.

Roy Twite also recently made the following trade(s):

• On Tuesday, March 10th, Roy Twite bought 5 shares of IMI stock. The stock was purchased at an average cost of GBX 2,790 per share, for a total transaction of £139.50.
• On Tuesday, February 10th, Roy Twite bought 6 shares of IMI stock. The stock was purchased at an average cost of GBX 2,854 per share, for a total transaction of £171.24.

IMI Trading Down 1.4%

Shares of LON IMI opened at GBX 2,810 on Thursday. The business’s 50 day moving average is GBX 2,750.29 and its two-hundred day moving average is GBX 2,569.55. The company has a debt-to-equity ratio of 58.04, a current ratio of 1.50 and a quick ratio of 0.80. IMI plc has a 1-year low of GBX 1,657 and a 1-year high of GBX 3,848. The stock has a market capitalization of £6.82 billion, a P/E ratio of 22.70, a PEG ratio of 1.12 and a beta of 1.07.

IMI (LON:IMI) last issued its quarterly earnings data on Friday, March 6th. The company reported GBX 132.30 earnings per share for the quarter. IMI had a return on equity of 24.91% and a net margin of 14.33%. As a group, research analysts expect that IMI plc will post 137.9737609 EPS for the current year.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. reduced their price objective on IMI from GBX 3,330 to GBX 3,100 and set an “overweight” rating on the stock in a research note on Wednesday, April 1st. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 2,690.71.

IMI Company Profile

IMI plc is a specialist engineering company operating in fluid and motion control markets. We combine our deep engineering knowledge with strong applications expertise to develop solutions for the most acute industry problems. We help our customers become safer, more sustainable and more productive. IMI employs around 10,000 people, has manufacturing facilities in 19 countries and operates a global service network. The Company is listed on the London Stock Exchange and is a constituent of the FTSE4Good Index.