Roisin Currie Purchases 721 Shares of Greggs plc (LON:GRG) Stock

Greggs plc (LON:GRG) insider Roisin Currie bought 721 shares of the business’s stock in a transaction on Tuesday, March 25th. The stock was bought at an average cost of GBX 1,796 ($23.25) per share, with a total value of £12,949.16 ($16,764.84).

Greggs Trading Down 0.4 %

Shares of Greggs stock opened at GBX 1,798 ($23.28) on Friday. Greggs plc has a fifty-two week low of GBX 1,755 ($22.72) and a fifty-two week high of GBX 3,250 ($42.08). The company has a debt-to-equity ratio of 66.19, a quick ratio of 0.88 and a current ratio of 0.80. The firm has a market capitalization of £1.81 billion, a price-to-earnings ratio of 13.34, a PEG ratio of 3.39 and a beta of 1.43. The stock has a 50 day moving average of GBX 2,015.89 and a 200 day moving average of GBX 2,521.17.

Greggs (LON:GRG) last issued its quarterly earnings data on Tuesday, March 4th. The company reported GBX 150.70 ($1.95) earnings per share (EPS) for the quarter. Greggs had a return on equity of 26.79% and a net margin of 7.13%. As a group, research analysts predict that Greggs plc will post 142.3763386 earnings per share for the current year.

Greggs Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 20th were given a dividend of GBX 100 ($1.29) per share. The ex-dividend date of this dividend was Thursday, March 20th. This is a boost from Greggs’s previous dividend of $50.00. This represents a dividend yield of 3.66%. Greggs’s dividend payout ratio (DPR) is currently 48.21%.

Analyst Ratings Changes

Separately, Berenberg Bank cut their price objective on shares of Greggs from GBX 3,420 ($44.28) to GBX 3,250 ($42.08) and set a “buy” rating for the company in a research report on Wednesday, March 5th.

About Greggs

Greggs is a leading UK food-on-the-go retailer with more than 2,600 shops nationwide and approximately 33,000 employees across the business.

As a food-on-the-go retailer, Greggs specialises in daily fresh shop-made sandwiches, and savouries baked fresh in the shop ovens throughout the day. These are further complemented by popular products and ranges including freshly ground coffee, breakfast, confectionery and evening menu items.