Marston’s’ (MARS) “Buy” Rating Reaffirmed at Shore Capital

Shore Capital reaffirmed their buy rating on shares of Marston’s (LON:MARS) in a report published on Tuesday, Marketbeat.com reports.

Marston’s Price Performance

Shares of LON:MARS opened at GBX 40.05 ($0.49) on Tuesday. Marston’s has a twelve month low of GBX 25.55 ($0.32) and a twelve month high of GBX 47.75 ($0.59). The company’s 50 day moving average is GBX 41.49 and its 200 day moving average is GBX 40.08. The company has a current ratio of 0.15, a quick ratio of 0.23 and a debt-to-equity ratio of 269.71. The company has a market cap of £253.99 million, a PE ratio of -1,335.00, a price-to-earnings-growth ratio of -0.16 and a beta of 1.68.

Marston’s (LON:MARS) last issued its quarterly earnings data on Tuesday, December 3rd. The company reported GBX 5.20 ($0.06) EPS for the quarter. Marston’s had a negative net margin of 1.91% and a negative return on equity of 2.80%. On average, sell-side analysts forecast that Marston’s will post 8.364486 EPS for the current year.

Insider Transactions at Marston’s

In related 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 purchased at an average price of GBX 43 ($0.53) per share, with a total value of £19,666.48 ($24,246.68). Corporate insiders own 1.83% of the company’s stock.

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.