Imperial Brands (LON:IMB) Hits New 12-Month High – Still a Buy?

Imperial Brands PLC (LON:IMB)’s share price reached a new 52-week high on Tuesday . The stock traded as high as GBX 2,858 ($35.32) and last traded at GBX 2,857 ($35.31), with a volume of 1862498 shares. The stock had previously closed at GBX 2,828 ($34.95).

Imperial Brands Stock Up 0.6 %

The firm has a market cap of £24.25 billion, a price-to-earnings ratio of 1,250.00, a P/E/G ratio of 16.51 and a beta of 0.42. The firm has a fifty day simple moving average of GBX 2,613.03 and a 200-day simple moving average of GBX 2,362.77. The company has a debt-to-equity ratio of 217.64, a quick ratio of 0.41 and a current ratio of 0.64.

Imperial Brands (LON:IMB) last issued its quarterly earnings data on Tuesday, November 19th. The company reported GBX 297 ($3.67) earnings per share (EPS) for the quarter. Imperial Brands had a net margin of 11.44% and a return on equity of 39.00%. As a group, sell-side analysts expect that Imperial Brands PLC will post 246.5723613 EPS for the current year.

Imperial Brands Increases Dividend

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

Insider Buying and Selling

In related news, insider Lukas Paravicini sold 6,639 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of GBX 2,615 ($32.32), for a total value of £173,609.85 ($214,545.04). Also, insider Jon Stanton bought 398,802 shares of the business’s stock in a transaction on Monday, January 6th. The stock was bought at an average price of GBX 2,597 ($32.09) per share, for a total transaction of £10,356,887.94 ($12,798,922.32). 7.33% of the stock is currently owned by company insiders.

About Imperial Brands

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.