IMI (LON:IMI) Insider Acquires 5 Shares of Stock

IMI plc (LON:IMI) insider Roy Twite bought 5 shares of the firm’s stock in a transaction that occurred on Tuesday, October 13th. The shares were acquired at an average price of GBX 3,078 per share, with a total value of £153.90.

Roy Twite also recently made the following trade(s):

• On Tuesday, September 8th, Roy Twite acquired 5 shares of IMI stock. The stock was purchased at an average price of GBX 3,090 per share, with a total value of £154.50.
• On Tuesday, August 11th, Roy Twite acquired 5 shares of IMI stock. The shares were purchased at an average price of GBX 3,098 per share, for a total transaction of £154.90.

IMI Stock Performance

IMI stock traded down GBX 22 on Wednesday, hitting GBX 3,004. The company’s stock had a trading volume of 695,048 shares, compared to its average volume of 7,805,541. IMI plc has a one year low of GBX 1,802.19 and a one year high of GBX 3,848. The firm has a market cap of £7.05 billion, a P/E ratio of 22.14, a price-to-earnings-growth ratio of 1.12 and a beta of 1.04. The company has a quick ratio of 0.80, a current ratio of 1.30 and a debt-to-equity ratio of 80.30. The company has a fifty day moving average price of GBX 3,081.41 and a 200-day moving average price of GBX 2,920.05.

IMI (LON:IMI) last released its quarterly earnings data on Friday, July 31st. The company reported GBX 63.40 EPS for the quarter. IMI had a net margin of 14.09% and a return on equity of 32.41%. On average, equities analysts anticipate that IMI plc will post 137.97 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft raised their price target on shares of IMI from GBX 3,250 to GBX 3,440 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Berenberg Bank reiterated a “buy” rating and issued a GBX 3,300 price objective on shares of IMI in a research note on Wednesday, August 5th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 3,380 price objective on shares of IMI in a research note on Friday, July 31st. Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 2,850 target price on shares of IMI in a report on Friday, July 31st. Finally, JPMorgan Chase & Co. increased their target price on IMI from GBX 3,050 to GBX 3,300 and gave the stock an “overweight” rating in a report on Wednesday, July 8th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of GBX 3,171.67.

IMI Company Profile

IMI is a global leader in fluid and motion control, engineering bespoke solutions that enhance safety, productivity and sustainability across critical industries in energy, automation and healthcare. We work in close partnership with customers to design, build and service high-performance valves, actuators and control systems that solve complex engineering challenges.

Our solutions are a small part of our customers’ systems – but they play a critical role in how those systems perform. By combining deep technical expertise with real customer insight, we deliver solutions that are precisely engineered for impact.

Through our One IMI model, we combine commercial excellence, market-led innovation and continuous improvement to scale what works across the business.