The Weir Group PLC (LON:WEIR - Get Free Report) insider Brian Puffer sold 9,794 shares of the business's stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of GBX 2,414 ($30.68), for a total value of £236,427.16 ($300,453.88).
The Weir Group Stock Up 1.4 %
Shares of LON:WEIR opened at GBX 2,464 ($31.31) on Tuesday. The Weir Group PLC has a 1 year low of GBX 1,817.50 ($23.10) and a 1 year high of GBX 2,474.24 ($31.44). The company has a debt-to-equity ratio of 80.30, a current ratio of 2.07 and a quick ratio of 1.16. The business has a fifty day moving average price of GBX 2,295.03 and a two-hundred day moving average price of GBX 2,177.89. The company has a market capitalization of £6.35 billion, a PE ratio of 28.95, a price-to-earnings-growth ratio of 2.59 and a beta of 1.41.
The Weir Group (LON:WEIR - Get Free Report) last issued its quarterly earnings results on Friday, February 28th. The company reported GBX 120 ($1.52) EPS for the quarter. The Weir Group had a return on equity of 12.79% and a net margin of 8.60%. Analysts forecast that The Weir Group PLC will post 136.0509554 earnings per share for the current year.
Analyst Ratings Changes
WEIR has been the subject of several recent research reports. Royal Bank of Canada boosted their price objective on The Weir Group from GBX 2,500 ($31.77) to GBX 2,700 ($34.31) and gave the company an "outperform" rating in a report on Monday. JPMorgan Chase & Co. upped their price target on The Weir Group from GBX 2,075 ($26.37) to GBX 2,300 ($29.23) and gave the stock an "overweight" rating in a report on Thursday, November 7th.
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About The Weir Group
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The Weir Group PLC produces and sells highly engineered original equipment worldwide. It operates in two segments, Minerals and ESCO. The Minerals segment offers engineering, manufacturing, and service processing technology for the use in abrasive high-wear mining applications; and differentiated technology for the use in infrastructure and general industrial markets.
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