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

Shore Capital reaffirmed their buy rating on shares of Marston’s (LON:MARS) in a research note released on Tuesday morning, Marketbeat reports.

Marston’s Stock Performance

Shares of MARS opened at GBX 40.45 ($0.50) on Tuesday. Marston’s has a 52 week low of GBX 25.55 ($0.32) and a 52 week high of GBX 47.75 ($0.59). The company has a quick ratio of 0.23, a current ratio of 0.15 and a debt-to-equity ratio of 269.71. The stock has a market cap of £256.53 million, a price-to-earnings ratio of -1,348.33, a PEG ratio of -0.16 and a beta of 1.68. The business has a 50-day simple moving average of GBX 41.65 and a two-hundred day simple moving average of GBX 40.21.

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

Insider Activity at Marston’s

In other news, insider Hayleigh Lupino acquired 111,997 shares of the firm’s stock in a transaction dated Monday, December 23rd. The shares were acquired at an average cost of GBX 45 ($0.56) per share, with a total value of £50,398.65 ($62,251.30). 1.83% of the stock is currently owned by corporate insiders.

About Marston’s

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.