Imperial Brands (LON:IMB) Sets New 1-Year High – Still a Buy?

Imperial Brands PLC (LON:IMB)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 2,654.04 ($32.78) and last traded at GBX 2,628 ($32.46), with a volume of 2536882 shares. The stock had previously closed at GBX 2,627 ($32.45).

Imperial Brands Trading Up 0.1 %

The company has a current ratio of 0.64, a quick ratio of 0.41 and a debt-to-equity ratio of 217.64. The business has a 50 day moving average price of GBX 2,554.01 and a 200-day moving average price of GBX 2,306.93. The company has a market cap of £22.18 billion, a P/E ratio of 1,143.04, a PEG ratio of 16.51 and a beta of 0.42.

Imperial Brands (LON:IMB) last announced its quarterly earnings results on Tuesday, November 19th. The company reported GBX 297 ($3.67) EPS for the quarter. Imperial Brands had a net margin of 11.44% and a return on equity of 39.00%. Analysts forecast that Imperial Brands PLC will post 246.5723613 earnings per share for the current fiscal year.

Imperial Brands Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, February 20th will be given a dividend of GBX 54.26 ($0.67) per share. This represents a yield of 2.43%. The ex-dividend date of this dividend is Thursday, February 20th. This is an increase from Imperial Brands’s previous dividend of $22.45. Imperial Brands’s payout ratio is 6,652.17%.

Insider Buying and Selling at Imperial Brands

In related news, insider Jon Stanton bought 398,802 shares of the business’s stock in a transaction dated Monday, January 6th. The stock was bought at an average price of GBX 2,597 ($32.08) per share, for a total transaction of £10,356,887.94 ($12,792,598.74). Also, insider Lukas Paravicini sold 6,639 shares of the stock in a transaction dated Monday, December 16th. The shares were sold at an average price of GBX 2,615 ($32.30), for a total transaction of £173,609.85 ($214,439.04). Corporate insiders own 7.33% of the company’s stock.

Imperial Brands Company Profile

We are Imperial Brands, a global consumer-focused organisation and the fourth largest international tobacco company.

We’re driven by our purpose: to forge a path to a healthier future for moments of relaxation and pleasure. The world’s one billion adult smokers are seeking new and potentially less harmful products and we are committed to meeting their diverse and evolving needs.