Shore Capital Reiterates Buy Rating for Marston's (LON:MARS)

Marston's (LON:MARS - Get Free Report)'s stock had its "buy" rating reaffirmed by stock analysts at Shore Capital in a note issued to investors on Tuesday, Marketbeat reports.

Marston's Stock Down 5.3 %

Shares of MARS traded down GBX 2.25 ($0.03) during trading hours on Tuesday, hitting GBX 40.05 ($0.49). The stock had a trading volume of 3,418,429 shares, compared to its average volume of 1,558,053. The company has a debt-to-equity ratio of 269.71, a current ratio of 0.15 and a quick ratio of 0.23. The firm has a 50 day simple moving average of GBX 41.49 and a 200-day simple moving average of GBX 40.08. The firm has a market capitalization of £253.99 million, a P/E ratio of -1,335.00, a price-to-earnings-growth ratio of -0.16 and a beta of 1.68. Marston's has a 1-year low of GBX 25.55 ($0.32) and a 1-year high of GBX 47.75 ($0.59).

Marston's (LON:MARS - Get Free Report) last issued its earnings results on Tuesday, December 3rd. The company reported GBX 5.20 ($0.06) EPS for the quarter. Marston's had a negative return on equity of 2.80% and a negative net margin of 1.91%. Sell-side analysts predict that Marston's will post 8.364486 EPS for the current fiscal year.

Insider Activity

In other Marston's news, insider Hayleigh Lupino purchased 45,736 shares of the company's stock in a transaction that occurred on Wednesday, December 11th. The shares were acquired at an average price of GBX 43 ($0.53) per share, with a total value of £19,666.48 ($24,246.68). 1.83% of the stock is currently owned by company insiders.

Marston's Company Profile

Marston's PLC operates managed, franchised, tenanted, partnership, and leased pubs in the United Kingdom. It is also involved in the property management; telecommunications; and insurance businesses. The company was formerly known as The Wolverhampton & Dudley Breweries PLC and changed its name to Marston's PLC in January 2007.