Morgan Sindall Group Insider Sells £1.4 Million in Shares

John Christopher Morgan, an insider at Morgan Sindall Group plc, sold 28,458 shares of the company on October 15, 2023. The shares were sold at an average price of GBX 4,950, resulting in a total transaction value of £1,408,671.

The stock performance of Morgan Sindall Group has shown fluctuations recently. On the following trading day, the stock opened at GBX 4,727.79. The company boasts a market capitalization of £2.22 billion, a price-to-earnings (P/E) ratio of 15.21, and a P/E/G ratio of -68.20. In terms of risk, it has a beta value of 1.31, indicating moderate volatility compared to the market.

Financial ratios reveal additional insights into the company’s stability. Morgan Sindall Group has a debt-to-equity ratio of 18.51, a current ratio of 1.18, and a quick ratio of 0.87. These figures suggest a solid financial footing. Over the past year, the stock has experienced a low of GBX 2,900 and a high of GBX 4,995.

Recent Earnings and Analyst Predictions

Morgan Sindall Group last released its earnings results on July 29, 2023, reporting earnings per share of GBX 153.10 for the quarter. The company achieved a return on equity of 21.60% and a net margin of 2.82%. Analysts forecast that Morgan Sindall Group will post approximately 238.96 earnings per share for the current fiscal year, indicating a positive outlook.

Morgan Sindall Group operates across various sectors, including public, regulated, and private markets. The company reported an annual revenue of £4.5 billion for the full year 2024. Employing over 8,000 individuals, it functions through six divisions: Partnership Housing, Mixed Use Partnerships, Fit Out, Construction, Infrastructure, and Property Services.

The recent stock sale by Morgan adds to the ongoing interest in the company’s performance and strategic direction. As more analysts evaluate the implications of insider trading and overall market trends, stakeholders are keenly observing how these developments will affect the company’s future trajectory.