Marks and Spencer Group (LON:MKS) Insider Sells £305,150 in Stock

Marks and Spencer Group plc (LON:MKS) insider Alison Dolan sold 85,000 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of GBX 359, for a total value of £305,150.

Marks and Spencer Group Stock Up 0.6%

Shares of MKS traded up GBX 1.98 during trading hours on Friday, hitting GBX 352.78. The company had a trading volume of 19,134,045 shares, compared to its average volume of 40,801,383. The stock has a market capitalization of £7.15 billion, a price-to-earnings ratio of 391.98, a P/E/G ratio of 0.20 and a beta of 1.24. The firm has a fifty day moving average price of GBX 342.59 and a 200-day moving average price of GBX 352.25. Marks and Spencer Group plc has a 52-week low of GBX 301.10 and a 52-week high of GBX 411.80. The company has a debt-to-equity ratio of 111.89, a quick ratio of 0.42 and a current ratio of 0.86.

Marks and Spencer Group (LON:MKS) last announced its quarterly earnings data on Wednesday, May 20th. The retailer reported GBX 23.80 EPS for the quarter. The company had revenue of GBX 1,727.36 billion for the quarter. Marks and Spencer Group had a net margin of 1.50% and a return on equity of 8.86%. On average, equities research analysts forecast that Marks and Spencer Group plc will post 26.0113154 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 440 price objective on shares of Marks and Spencer Group in a research report on Thursday. UBS Group restated a “buy” rating and issued a GBX 425 price target on shares of Marks and Spencer Group in a research note on Monday. Berenberg Bank upped their price target on Marks and Spencer Group from GBX 415 to GBX 480 and gave the company a “buy” rating in a report on Thursday. Shore Capital Group reaffirmed a “house stock” rating on shares of Marks and Spencer Group in a research report on Wednesday. Finally, Citigroup reduced their price objective on Marks and Spencer Group from GBX 410 to GBX 390 and set a “buy” rating for the company in a report on Friday. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 418.57.

Marks and Spencer Group Company Profile

M&S has a heritage of quality, innovation and value for money and has been voted the UK’s most trusted brand. From these foundations, M&S is reshaping for sustainable profitable growth and value creation.

We operate as a family of businesses, selling high-quality, great-value, own-brand products and services, alongside a carefully selected range of third-party brands. We do this through a network of stores and websites globally, and together, across our stores, support centres, warehouses and supply chain, our 65,000 colleagues serve over 30 million customers each year.