The Weir Group PLC (LON:WEIR - Get Free Report) insider Graham Vanhegan sold 3,491 shares of the business's stock in a transaction that occurred on Tuesday, April 8th. The stock was sold at an average price of GBX 2,022 ($26.25), for a total value of £70,588.02 ($91,625.16).
The Weir Group Price Performance
Shares of LON:WEIR opened at GBX 2,102 ($27.28) on Friday. The Weir Group PLC has a one year low of GBX 1,832 ($23.78) and a one year high of GBX 2,496 ($32.40). 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 company has a market cap of £5.41 billion, a price-to-earnings ratio of 24.70, a PEG ratio of 2.59 and a beta of 1.41. The firm has a 50 day simple moving average of GBX 2,311.99 and a 200 day simple moving average of GBX 2,239.20.
The Weir Group (LON:WEIR - Get Free Report) last released its quarterly earnings data on Friday, February 28th. The company reported GBX 120 ($1.56) earnings per share for the quarter. The Weir Group had a return on equity of 12.79% and a net margin of 8.60%. Research analysts predict that The Weir Group PLC will post 136.0509554 earnings per share for the current fiscal year.
The Weir Group Increases Dividend
The company also recently disclosed a dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, April 17th will be paid a GBX 22.10 ($0.29) dividend. The ex-dividend date is Thursday, April 17th. This represents a dividend yield of 0.92%. This is an increase from The Weir Group's previous dividend of $17.90. The Weir Group's dividend payout ratio is currently 45.83%.
Analysts Set New Price Targets
Separately, Royal Bank of Canada boosted their price objective on shares of The Weir Group from GBX 2,500 ($32.45) to GBX 2,700 ($35.05) and gave the company an "outperform" rating in a report on Monday, March 3rd.
Check Out Our Latest Report on The Weir Group
The Weir Group Company Profile
(
Get Free Report)
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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