Johnson Matthey PLC (LON:JMAT) Insider Liam Condon Acquires 30 Shares

Johnson Matthey PLC (LON:JMAT) insider Liam Condon bought 30 shares of Johnson Matthey stock in a transaction on Wednesday, January 22nd. The shares were purchased at an average cost of GBX 1,362 ($16.82) per share, for a total transaction of £408.60 ($504.69).

Johnson Matthey Price Performance

Shares of JMAT opened at GBX 1,367 ($16.88) on Friday. The company has a debt-to-equity ratio of 63.15, a current ratio of 1.45 and a quick ratio of 0.76. The company has a market cap of £2.38 billion, a P/E ratio of 2,356.90, a PEG ratio of 49,242.50 and a beta of 0.95. Johnson Matthey PLC has a 12 month low of GBX 1,295.54 ($16.00) and a 12 month high of GBX 1,917.07 ($23.68). The stock has a fifty day moving average price of GBX 1,381.47 and a 200 day moving average price of GBX 1,510.98.

Johnson Matthey (LON:JMAT) last announced its quarterly earnings results on Wednesday, November 27th. The company reported GBX 57.40 ($0.71) EPS for the quarter. Johnson Matthey had a net margin of 0.84% and a return on equity of 4.39%. On average, research analysts forecast that Johnson Matthey PLC will post 173.4112903 earnings per share for the current year.

Johnson Matthey Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, February 4th. Shareholders of record on Thursday, December 5th will be given a GBX 22 ($0.27) dividend. The ex-dividend date is Thursday, December 5th. This represents a yield of 1.47%. Johnson Matthey’s dividend payout ratio (DPR) is 13,275.86%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on JMAT. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,800 ($22.23) target price on shares of Johnson Matthey in a research note on Tuesday, December 17th. Berenberg Bank lowered their price objective on shares of Johnson Matthey from GBX 1,650 ($20.38) to GBX 1,500 ($18.53) and set a “hold” rating for the company in a research report on Thursday, November 28th.

About Johnson Matthey

Johnson Matthey is a global leader in science that enables a cleaner and healthier world. With over 200 years of sustained commitment to innovation and technological breakthroughs, they improve the function, performance and safety of their customers’ products. Their science has a global impact in areas such as low emission transport, pharmaceuticals, chemical processing and making the most efficient use of the planet’s natural resources.