Imperial Brands (LON:IMB) Reaches New 12-Month High – What’s Next?

Shares of Imperial Brands PLC (LON:IMB) hit a new 52-week high on Tuesday . The company 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 Performance

The stock has a market capitalization of £24.25 billion, a price-to-earnings ratio of 1,250.00, a price-to-earnings-growth ratio of 16.51 and a beta of 0.42. The company has a 50 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 quick ratio of 0.41, a current ratio of 0.64 and a debt-to-equity ratio of 217.64.

Imperial Brands (LON:IMB) last released its earnings results 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, equities research analysts expect that Imperial Brands PLC will post 246.5723613 EPS for the current fiscal year.

Imperial Brands Increases Dividend

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

Insider Buying and Selling

In other news, insider Lukas Paravicini sold 6,639 shares of the business’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of GBX 2,615 ($32.32), for a total transaction of £173,609.85 ($214,545.04). Also, insider Jon Stanton purchased 398,802 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The stock was acquired at an average cost 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 owned by company insiders.

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.