Melrose Industries (LON:MRO) Shares Down 11.7% – Time to Sell?

Posted by Lindsey Winhoffer on Mar 9th, 2025

Melrose Industries PLC (LON:MRO – Get Free Report) traded down 11.7% during mid-day trading on Friday . The stock traded as low as GBX 488.80 ($6.32) and last traded at GBX 491.24 ($6.35). 18,429,754 shares changed hands during trading, an increase of 92% from the average session volume of 9,600,518 shares. The stock had previously closed at GBX 556.40 ($7.19).

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 850 ($10.98) price target on shares of Melrose Industries in a research report on Thursday, January 23rd.

Check Out Our Latest Report on Melrose Industries

Melrose Industries Trading Down 11.7 %

The stock has a market capitalization of £6.35 billion, a P/E ratio of -166.14, a price-to-earnings-growth ratio of 0.48 and a beta of 1.51. The business has a 50 day simple moving average of GBX 596.44 and a 200-day simple moving average of GBX 531.51. The company has a debt-to-equity ratio of 44.03, a quick ratio of 0.45 and a current ratio of 0.86.

Melrose Industries (LON:MRO – Get Free Report) last released its earnings results on Thursday, March 6th. The company reported GBX 26.80 ($0.35) earnings per share (EPS) for the quarter. Melrose Industries had a negative return on equity of 1.18% and a negative net margin of 1.13%. On average, analysts predict that Melrose Industries PLC will post 33.9741641 EPS for the current year.

Insider Activity at Melrose Industries

In related news, insider David Lis sold 7,950 shares of the stock in a transaction on Monday, December 9th. The stock was sold at an average price of GBX 566 ($7.31), for a total value of £44,997 ($58,143.17). Company insiders own 1.00% of the company’s stock.

Melrose Industries Company Profile

(Get Free Report)

Melrose Industries PLC, together with its subsidiaries, provides aerospace components and systems to civil and defence markets in the United Kingdom, rest of Europe, North America, and internationally. The company operates through two segments, Engines and Structures. The Engines segment offers structural engineered components; parts repair; and commercial and aftermarket contracts to engines original equipment manufacturers.