Insider Buying: Johnson Matthey PLC (LON:JMAT) Insider Acquires 30 Shares of Stock

Johnson Matthey PLC (LON:JMAT - Get Free Report) insider Liam Condon acquired 30 shares of the business's stock in a transaction on Wednesday, January 22nd. The shares were purchased at an average price of GBX 1,362 ($17.01) per share, for a total transaction of £408.60 ($510.18).

Johnson Matthey Stock Performance

Shares of JMAT traded up GBX 9 ($0.11) during mid-day trading on Friday, reaching GBX 1,376 ($17.18). 255,529 shares of the company's stock traded hands, compared to its average volume of 563,950. The company has a debt-to-equity ratio of 63.15, a quick ratio of 0.76 and a current ratio of 1.45. The business's 50-day moving average price is GBX 1,378.95 and its 200-day moving average price is GBX 1,509.48. The stock has a market capitalization of £2.40 billion, a P/E ratio of 2,372.41, a price-to-earnings-growth ratio of 49,242.50 and a beta of 0.95. Johnson Matthey PLC has a 12 month low of GBX 1,295.54 ($16.18) and a 12 month high of GBX 1,917.07 ($23.94).

Johnson Matthey (LON:JMAT - Get Free Report) last posted its earnings results on Wednesday, November 27th. The company reported GBX 57.40 ($0.72) EPS for the quarter. Johnson Matthey had a return on equity of 4.39% and a net margin of 0.84%. Equities analysts predict that Johnson Matthey PLC will post 173.4112903 earnings per share for the current year.

Johnson Matthey Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, February 4th. Stockholders of record on Thursday, December 5th will be paid a dividend of GBX 22 ($0.27) per share. This represents a dividend yield of 1.47%. The ex-dividend date of this dividend is Thursday, December 5th. Johnson Matthey's dividend payout ratio is presently 13,275.86%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on JMAT shares. Jefferies Financial Group reiterated a "buy" rating and set a GBX 1,800 ($22.47) price objective on shares of Johnson Matthey in a research note on Tuesday, December 17th. Berenberg Bank reduced their price objective on Johnson Matthey from GBX 1,650 ($20.60) to GBX 1,500 ($18.73) and set a "hold" rating for the company in a research report on Thursday, November 28th.

Johnson Matthey Company Profile

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, they improve the function, performance and safety of their customers' products. Their science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet's natural resources.