Ibstock (LON:IBST) Insider Joe Hudson Sells 15,632 Shares of Stock

Ibstock plc (LON:IBST) insider Joe Hudson sold 15,632 shares of Ibstock stock in a transaction on Monday, April 20th. The shares were sold at an average price of GBX 107, for a total value of £16,726.24.

Joe Hudson also recently made the following trade(s):

• On Monday, March 23rd, Joe Hudson sold 64,484 shares of Ibstock stock. The shares were sold at an average price of GBX 103, for a total value of £66,418.52.

Ibstock Price Performance

IBST opened at GBX 108.40 on Wednesday. Ibstock plc has a 1 year low of GBX 97 and a 1 year high of GBX 200.50. The stock has a fifty day moving average price of GBX 113.88 and a 200 day moving average price of GBX 126.47. The stock has a market cap of £428.07 million, a price-to-earnings ratio of 135.50, a PEG ratio of 0.47 and a beta of 0.88. The company has a current ratio of 1.33, a quick ratio of 1.19 and a debt-to-equity ratio of 44.59.

Ibstock (LON:IBST) last announced its quarterly earnings results on Thursday, March 5th. The company reported GBX 5.70 earnings per share for the quarter. Ibstock had a return on equity of 0.79% and a net margin of 0.83%. Analysts forecast that Ibstock plc will post 11.0089552 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

IBST has been the subject of a number of analyst reports. Berenberg Bank reduced their price target on Ibstock from GBX 150 to GBX 135 and set a “hold” rating for the company in a research report on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft reduced their price target on Ibstock from GBX 144 to GBX 110 and set a “hold” rating for the company in a research report on Tuesday, March 24th. Finally, Jefferies Financial Group reduced their price target on Ibstock from GBX 133 to GBX 127 and set a “buy” rating for the company in a research report on Monday. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 135.50.

About Ibstock

Ibstock plc manufactures and sells clay and concrete building products and solutions to customers in the residential construction sector in the United Kingdom. The company offers bricks and masonry, which includes facing and engineering bricks, brick slips, special shaped bricks, walling stone, architectural masonry, prefabricated components, eco-habitats, and padstones and lintels, as well as façade systems; roofing products comprising roof tiles and accessories, and chimneys; and flooring and lintels, such as beam and block flooring, insulated flooring, hollowcore, and screed rails.