Marshalls (MSLH)

Sector:

Construction and Building Materials

Index:

FTSE 250

306.00p
   
  • Change Today:
    -4.00p
  • 52 Week High: 358.00
  • 52 Week Low: 250.20
  • Currency: UK Pounds
  • Shares Issued: 252.97m
  • Volume: 458,952
  • Market Cap: £774.08m
  • RiskGrade: 148
  • Beta: 1.65

RBC Capital starts Marshalls at 'sector perform'

By Michele Maatouk

Date: Wednesday 18 Sep 2024

LONDON (ShareCast) - (Sharecast News) - RBC Capital Markets initiated coverage of Marshalls on Wednesday with a 'sector perform' rating and 370p price target.
It noted that Marshalls outperformed the FTSE 250 by 10x and traded at 18x average price-to-earnings, a premium of around 40% to peers from 2013 to 2021.

RBC said earnings per share and return on capital employed increased by around 3x.

"Enter Marley, a transformational deal which coincided with a cyclical downturn in 2022. 2024e adjusted EPS is over 50% below 'normalised' levels," it said.

Marshalls bought pitched roof tile specialist Marley Group for £535m.

"Prior CEO Martyn Coffey departed and now we await a new midterm strategy. We think a pathway back towards pre-Marley ROCE and above market earnings growth is needed to justify prior valuation levels. Marshalls' premium remains in-tact despite lower adjusted EPS growth and ROCE."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Marshalls Market Data

Currency UK Pounds
Share Price 306.00p
Change Today -4.00p
% Change -1.29 %
52 Week High 358.00
52 Week Low 250.20
Volume 458,952
Shares Issued 252.97m
Market Cap £774.08m
Beta 1.65
RiskGrade 148

Marshalls Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
35.65% below the market average35.65% below the market average35.65% below the market average35.65% below the market average35.65% below the market average
63.16% below the sector average63.16% below the sector average63.16% below the sector average63.16% below the sector average63.16% below the sector average
Price Trend
55.66% above the market average55.66% above the market average55.66% above the market average55.66% above the market average55.66% above the market average
23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average23.08% below the sector average
Income
47.4% below the market average47.4% below the market average47.4% below the market average47.4% below the market average47.4% below the market average
72.41% below the sector average72.41% below the sector average72.41% below the sector average72.41% below the sector average72.41% below the sector average
Growth
57.35% below the market average57.35% below the market average57.35% below the market average57.35% below the market average57.35% below the market average
61.11% below the sector average61.11% below the sector average61.11% below the sector average61.11% below the sector average61.11% below the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 2
Sell 1
Strong Sell 0
Total 7
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Marshalls Dividends

  Latest Previous
  Interim Final
Ex-Div 24-Oct-24 06-Jun-24
Paid 02-Dec-24 01-Jul-24
Amount 2.60p 5.70p

Trades for 13-Dec-2024

Time Volume / Share Price
16:35 1,477 @ 306.00p
16:35 55,147 @ 306.00p
16:35 253 @ 306.00p
16:35 245 @ 306.00p
16:35 1,218 @ 306.00p

Marshalls Key Personnel

CFO Justin Lockwood
CEO Matt Pullen

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