Phillip Bentley Purchases 84 Shares of Mitie Group (LON:MTO) Stock

Mitie Group plc (LON:MTO) insider Phillip Bentley bought 84 shares of the stock in a transaction dated Friday, February 13th. The shares were acquired at an average price of GBX 179 per share, with a total value of £150.36.

Phillip Bentley also recently made the following trade(s):

• On Monday, December 15th, Phillip Bentley purchased 91 shares of Mitie Group stock. The shares were bought at an average price of GBX 166 per share, with a total value of £151.06.
• On Thursday, November 20th, Phillip Bentley purchased 195,000 shares of Mitie Group stock. The stock was bought at an average cost of GBX 154 per share, with a total value of £300,300.

Mitie Group Stock Performance

Shares of Mitie Group stock opened at GBX 179.60 on Wednesday. Mitie Group plc has a 1 year low of GBX 109.18 and a 1 year high of GBX 181. The firm’s 50-day moving average is GBX 169.24 and its 200 day moving average is GBX 156.79. The stock has a market cap of £2.27 billion, a price-to-earnings ratio of 24.60, a PEG ratio of 10.10 and a beta of 1.41. The company has a debt-to-equity ratio of 85.41, a current ratio of 0.90 and a quick ratio of 0.83.

Mitie Group (LON:MTO) last announced its quarterly earnings data on Thursday, November 20th. The company reported GBX 5.70 earnings per share for the quarter. Mitie Group had a net margin of 2.52% and a return on equity of 28.24%. Sell-side analysts anticipate that Mitie Group plc will post 10.9360519 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Peel Hunt reissued a “buy” rating and set a GBX 191 price objective on shares of Mitie Group in a report on Thursday, November 20th. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 195 target price on shares of Mitie Group in a report on Monday, February 2nd. Berenberg Bank reiterated a “buy” rating and set a GBX 210 target price on shares of Mitie Group in a research note on Tuesday, January 27th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Mitie Group from GBX 170 to GBX 190 and gave the company a “buy” rating in a report on Tuesday, January 27th. Four research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Mitie Group has a consensus rating of “Moderate Buy” and an average target price of GBX 186.20.

About Mitie Group

Mitie Group plc, together with its subsidiaries, provides facilities management and professional services in the United Kingdom and internationally. The company operates in four segments: Business Services, Technical Services, Central Government & Defense (CG&D), Communities. The company provides decarbonization, electrical grid connections, emission intelligence, energy and carbon, EV fleets, and heat solutions, as well as solar energy; cleaning and hygiene, engineering maintenance, integrated facilities management, landscape, and waste management services; project and workplace services; and Fire & security systems, front of house, intelligence, vetting, and security guarding service.