Melrose Industries PLC (LON:MRO - Get Free Report) insider Peter Dilnot acquired 12,425 shares of the company's stock in a transaction on Tuesday, April 8th. The shares were acquired at an average cost of GBX 400 ($5.11) per share, for a total transaction of £49,700 ($63,506.26).
Melrose Industries Stock Performance
Shares of MRO opened at GBX 406.50 ($5.19) on Wednesday. Melrose Industries PLC has a 52-week low of GBX 378.41 ($4.84) and a 52-week high of GBX 682.60 ($8.72). The stock's 50-day simple moving average is GBX 560.66 and its 200 day simple moving average is GBX 532.72. The company has a debt-to-equity ratio of 44.03, a quick ratio of 0.45 and a current ratio of 0.86. The stock has a market capitalization of £5.25 billion, a price-to-earnings ratio of -137.48, a price-to-earnings-growth ratio of 0.48 and a beta of 1.51.
Melrose Industries (LON:MRO - Get Free Report) last announced its quarterly earnings results on Thursday, March 6th. The company reported GBX 26.80 ($0.34) earnings per share (EPS) for the quarter. Melrose Industries had a negative net margin of 1.13% and a negative return on equity of 1.18%. Research analysts forecast that Melrose Industries PLC will post 33.9741641 EPS for the current fiscal year.
Melrose Industries Increases Dividend
The company also recently announced a dividend, which will be paid on Friday, May 9th. Shareholders of record on Thursday, March 27th will be paid a GBX 4 ($0.05) dividend. The ex-dividend date is Thursday, March 27th. This is a boost from Melrose Industries's previous dividend of $2.00. This represents a yield of 0.75%. Melrose Industries's dividend payout ratio is currently -202.92%.
Wall Street Analyst Weigh In
Separately, JPMorgan Chase & Co. reissued an "overweight" rating and issued a GBX 850 ($10.86) price target on shares of Melrose Industries in a research report on Thursday, January 23rd.
Read Our Latest Stock Report on Melrose Industries
Melrose Industries Company Profile
(
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Melrose Industries PLC, together with its subsidiaries, provides aerospace components and systems to civil and defence markets in the United Kingdom, rest of Europe, North America, and internationally. The company operates through two segments, Engines and Structures. The Engines segment offers structural engineered components; parts repair; and commercial and aftermarket contracts to engines original equipment manufacturers.
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