Ibstock plc (LON:IBST) Insider Nicola Bruce Buys 5,939 Shares

Ibstock plc (LON:IBST – Get Rating) insider Nicola Bruce purchased 5,939 shares of the firm’s stock in a transaction on Friday, April 28th. The stock was bought at an average price of GBX 168 ($2.10) per share, with a total value of £9,977.52 ($12,465.67).

Ibstock Price Performance

Ibstock stock opened at GBX 171.20 ($2.14) on Wednesday. The company has a debt-to-equity ratio of 32.03, a current ratio of 1.67 and a quick ratio of 1.19. The company has a market capitalization of £672.54 million, a PE ratio of 778.18, a price-to-earnings-growth ratio of 0.66 and a beta of 1.37. Ibstock plc has a one year low of GBX 144.97 ($1.81) and a one year high of GBX 209.80 ($2.62). The business has a 50 day simple moving average of GBX 169.19 and a 200 day simple moving average of GBX 163.40.

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Ibstock Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, May 12th. Shareholders of record on Thursday, April 20th will be paid a GBX 5.50 ($0.07) dividend. The ex-dividend date of this dividend is Thursday, April 20th. This represents a yield of 3.39%. This is a positive change from Ibstock’s previous dividend of $3.30. Ibstock’s payout ratio is currently 4,090.91%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Berenberg Bank reissued a “hold” rating and issued a GBX 180 ($2.25) price target on shares of Ibstock in a research note on Monday, February 20th. Peel Hunt reissued a “buy” rating and set a GBX 230 ($2.87) price objective on shares of Ibstock in a report on Wednesday, March 8th.

About Ibstock

(Get Rating)

Ibstock plc manufactures and sells clay and concrete building products and solutions primarily in the United Kingdom. Its principal products include clay bricks, brick components, concrete roof tiles, concrete stone masonry substitutes, concrete fencing, pre-stressed concrete, and concrete rail products.

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