Mitie Group (LON:MTO) Insider Phillip Bentley Buys 84 Shares

Mitie Group plc (LON:MTO) insider Phillip Bentley purchased 84 shares of the stock in a transaction on Friday, February 13th. The stock was acquired at an average cost of GBX 179 per share, with a total value of £150.36.

Phillip Bentley also recently made the following trade(s):

• On Monday, December 15th, Phillip Bentley acquired 91 shares of Mitie Group stock. The shares were bought at an average cost of GBX 166 per share, for a total transaction of £151.06.
• On Thursday, November 20th, Phillip Bentley acquired 195,000 shares of Mitie Group stock. The stock was bought at an average price of GBX 154 per share, for a total transaction of £300,300.

Mitie Group Trading Up 0.1%

LON MTO opened at GBX 179.80 on Tuesday. The firm has a market cap of £2.28 billion, a PE ratio of 24.63, a price-to-earnings-growth ratio of 10.10 and a beta of 1.41. Mitie Group plc has a 1-year low of GBX 109.18 and a 1-year high of GBX 180.60. The stock has a 50-day moving average of GBX 168.89 and a 200-day moving average of GBX 156.50. The company has a current ratio of 0.90, a quick ratio of 0.83 and a debt-to-equity ratio of 85.41.

Mitie Group (LON:MTO) last announced its quarterly earnings results on Thursday, November 20th. The company reported GBX 5.70 EPS for the quarter. Mitie Group had a return on equity of 28.24% and a net margin of 2.52%. As a group, sell-side analysts forecast that Mitie Group plc will post 10.9360519 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Peel Hunt reissued a “buy” rating and set a GBX 191 price target on shares of Mitie Group in a research report on Thursday, November 20th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Mitie Group from GBX 170 to GBX 190 and gave the company a “buy” rating in a research note on Tuesday, January 27th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 210 price target on shares of Mitie Group in a research report on Tuesday, January 27th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 195 price objective on shares of Mitie Group in a report on Monday, February 2nd. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 186.20.

Mitie Group Company Profile

Mitie Group plc, together with its subsidiaries, provides facilities management and professional services in the United Kingdom and internationally. The company operates in four segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities. The company provides decarbonization, electrical grid connections, emission intelligence, energy and carbon, EV fleets, and heat solutions, as well as solar energy; cleaning and hygiene, engineering maintenance, integrated facilities management, landscape, and waste management services; project and workplace services; and Fire & security systems, front of house, intelligence, vetting, and security guarding service.