Macfarlane Group PLC (LON:MACF - Get Free Report) insider Ivor Gray sold 15,397 shares of the stock in a transaction on Wednesday, March 26th. The stock was sold at an average price of GBX 104 ($1.35), for a total value of £16,012.88 ($20,725.96).
Macfarlane Group Trading Up 0.5 %
Shares of Macfarlane Group stock opened at GBX 104.55 ($1.35) on Friday. The company's 50-day moving average price is GBX 105.21 and its 200-day moving average price is GBX 108.63. The company has a current ratio of 1.20, a quick ratio of 0.79 and a debt-to-equity ratio of 44.58. Macfarlane Group PLC has a 12-month low of GBX 99.20 ($1.28) and a 12-month high of GBX 147.50 ($1.91). The company has a market cap of £165.30 million, a price-to-earnings ratio of 11.21 and a beta of 0.68.
Macfarlane Group (LON:MACF - Get Free Report) last posted its earnings results on Thursday, February 27th. The company reported GBX 9.76 ($0.13) earnings per share (EPS) for the quarter. Macfarlane Group had a net margin of 5.47% and a return on equity of 12.67%. On average, equities analysts expect that Macfarlane Group PLC will post 7.4677529 earnings per share for the current fiscal year.
Macfarlane Group Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, June 13th. Investors of record on Thursday, May 15th will be paid a dividend of GBX 2.70 ($0.03) per share. This is a positive change from Macfarlane Group's previous dividend of $0.96. The ex-dividend date is Thursday, May 15th. This represents a yield of 2.62%. Macfarlane Group's dividend payout ratio (DPR) is currently 42.88%.
Wall Street Analyst Weigh In
Separately, Shore Capital reiterated a "house stock" rating on shares of Macfarlane Group in a research note on Friday, November 29th.
View Our Latest Report on MACF
Macfarlane Group Company Profile
(
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Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products to businesses in the United Kingdom and Europe. The company operates through Packaging Distribution and Manufacturing Operations segments. The Packaging Distribution segment distributes packaging materials in the United Kingdom, Ireland, and Europe.
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