IMI plc (LON:IMI) Insider Daniel Shook Acquires 7 Shares

IMI plc (LON:IMI) insider Daniel Shook bought 7 shares of IMI stock in a transaction dated Tuesday, March 11th. The shares were acquired at an average cost of GBX 2,008 ($26.04) per share, with a total value of £140.56 ($182.29).

Daniel Shook also recently made the following trade(s):

• On Tuesday, January 14th, Daniel Shook bought 7 shares of IMI stock. The shares were acquired at an average cost of GBX 1,836 ($23.81) per share, with a total value of £128.52 ($166.67).

IMI Stock Up 0.3 %

Shares of IMI opened at GBX 1,983 ($25.72) on Thursday. The company has a debt-to-equity ratio of 68.33, a quick ratio of 0.80 and a current ratio of 1.36. IMI plc has a one year low of GBX 1,630 ($21.14) and a one year high of GBX 2,090 ($27.10). The stock has a market capitalization of £5.03 billion, a price-to-earnings ratio of 20.32, a PEG ratio of 1.12 and a beta of 1.08. The stock has a 50 day moving average price of GBX 1,931.35 and a 200 day moving average price of GBX 1,841.34.

IMI (LON:IMI) last issued its quarterly earnings results on Friday, February 28th. The company reported GBX 122.50 ($1.59) EPS for the quarter. IMI had a return on equity of 23.85% and a net margin of 11.46%. Equities research analysts forecast that IMI plc will post 137.9737609 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada upped their target price on IMI from GBX 2,250 ($29.18) to GBX 2,400 ($31.12) and gave the stock an “outperform” rating in a research note on Monday, March 3rd.

IMI Company Profile

IMI plc is a specialist engineering company operating in fluid and motion control markets. We combine our deep engineering knowledge with strong applications expertise to develop solutions for the most acute industry problems. We help our customers become safer, more sustainable and more productive. IMI employs around 10,000 people, has manufacturing facilities in 19 countries and operates a global service network.