Bunzl plc (LON:BNZL - Get Free Report) insider Richard Howes purchased 8,479 shares of the business's stock in a transaction on Wednesday, April 16th. The shares were acquired at an average price of GBX 2,338 ($31.02) per share, for a total transaction of £198,239.02 ($263,021.12).
Bunzl Price Performance
Shares of BNZL opened at GBX 2,298.35 ($30.49) on Friday. The firm has a market capitalization of £7.52 billion, a price-to-earnings ratio of 15.89, a PEG ratio of 5.40 and a beta of 0.45. The firm's fifty day simple moving average is GBX 3,071.17 and its 200-day simple moving average is GBX 3,319.24. Bunzl plc has a twelve month low of GBX 2,218 ($29.43) and a twelve month high of GBX 3,732 ($49.52). The company has a current ratio of 1.15, a quick ratio of 0.73 and a debt-to-equity ratio of 123.00.
Bunzl (LON:BNZL - Get Free Report) last posted its earnings results on Monday, March 3rd. The company reported GBX 194.30 ($2.58) EPS for the quarter. Bunzl had a return on equity of 16.82% and a net margin of 4.20%. Equities analysts forecast that Bunzl plc will post 213.3413462 EPS for the current fiscal year.
Bunzl Increases Dividend
The firm also recently announced a dividend, which will be paid on Wednesday, July 2nd. Investors of record on Thursday, May 22nd will be paid a dividend of GBX 53.80 ($0.71) per share. This is a boost from Bunzl's previous dividend of $20.10. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a yield of 1.8%. Bunzl's payout ratio is presently 48.39%.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on the stock. Citigroup upgraded shares of Bunzl to a "buy" rating in a report on Monday, January 13th. Shore Capital reissued a "buy" rating on shares of Bunzl in a research note on Monday, March 31st. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Bunzl presently has a consensus rating of "Hold" and an average target price of GBX 3,375 ($44.78).
View Our Latest Research Report on BNZL
Bunzl Company Profile
(
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Bunzl plc operates as a distribution and services company in the North America, Continental Europe, the United Kingdom, Ireland, and internationally. The company offers food packaging, films, labels, cleaning and hygiene supplies, and personal protection equipment to grocery stores, supermarkets, and convenience stores.
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