Ibstock plc (LON:IBST - Get Free Report)'s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 167.64 ($2.19) and traded as low as GBX 153 ($2.00). Ibstock shares last traded at GBX 162.60 ($2.13), with a volume of 846,068 shares traded.
Wall Street Analysts Forecast Growth
Separately, Deutsche Bank Aktiengesellschaft increased their price target on Ibstock from GBX 225 ($2.94) to GBX 240 ($3.14) and gave the company a "buy" rating in a report on Thursday, February 20th.
View Our Latest Report on Ibstock
Ibstock Trading Up 3.0 %
The company has a quick ratio of 1.19, a current ratio of 1.37 and a debt-to-equity ratio of 46.91. The firm's 50 day moving average is GBX 167.36 and its two-hundred day moving average is GBX 177.22. The stock has a market cap of £673.76 million, a price-to-earnings ratio of 92.58, a price-to-earnings-growth ratio of 0.47 and a beta of 1.34.
Ibstock (LON:IBST - Get Free Report) last issued its quarterly earnings data on Thursday, March 6th. The company reported GBX 7.70 ($0.10) earnings per share (EPS) for the quarter. Ibstock had a return on equity of 1.83% and a net margin of 2.01%. Equities analysts anticipate that Ibstock plc will post 11.0089552 EPS for the current year.
Ibstock Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 8th will be paid a dividend of GBX 2.50 ($0.03) per share. The ex-dividend date of this dividend is Thursday, May 8th. This is a positive change from Ibstock's previous dividend of $1.50. This represents a yield of 1.45%. Ibstock's dividend payout ratio is currently 270.70%.
Ibstock Company Profile
(
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Ibstock plc manufactures and sells clay and concrete building products and solutions to customers in the residential construction sector in the United Kingdom. The company offers bricks and masonry, which includes facing and engineering bricks, brick slips, special shaped bricks, walling stone, architectural masonry, prefabricated components, eco-habitats, and padstones and lintels, as well as façade systems; roofing products comprising roof tiles and accessories, and chimneys; and flooring and lintels, such as beam and block flooring, insulated flooring, hollowcore, and screed rails.
Further Reading
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