Ibstock plc (LON:IBST - Get Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as GBX 212 ($2.75) and last traded at GBX 208.50 ($2.70), with a volume of 3603014 shares traded. The stock had previously closed at GBX 201 ($2.61).
Analyst Ratings Changes
Separately, Royal Bank of Canada restated an "outperform" rating and issued a GBX 200 ($2.59) price objective on shares of Ibstock in a research report on Thursday, July 4th.
Get Our Latest Report on IBST
Ibstock Price Performance
The business's fifty day moving average price is GBX 186.46 and its 200 day moving average price is GBX 173.30. The company has a debt-to-equity ratio of 46.91, a current ratio of 1.37 and a quick ratio of 1.19. The stock has a market cap of £786.93 million, a P/E ratio of 10,050.00, a PEG ratio of 0.47 and a beta of 1.34.
Ibstock Cuts Dividend
The company also recently announced a dividend, which was paid on Friday, September 13th. Shareholders of record on Thursday, August 22nd were given a dividend of GBX 1.50 ($0.02) per share. This represents a yield of 0.87%. The ex-dividend date of this dividend was Thursday, August 22nd. Ibstock's dividend payout ratio is presently 25,000.00%.
About Ibstock
(
Get Free Report)
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.
Read More
Before you consider Ibstock, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ibstock wasn't on the list.
While Ibstock currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
