Marshalls (MSLH) AI Stock Analysis

• Market Cap: £436.92M
• Dividend Yield: 4.6%
• Average Volume (3M): 919.41K
• Price to Earnings (P/E): 18.7
• Beta (1Y): 1.22
• Revenue Growth: 1.31%
• EPS Growth: 10.19%
• Country: UK
• Employees: 2,435
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction Materials
• EPS (TTM): 0.07
• Shares Outstanding: 252,968,730
• 10 Day Avg. Volume: 1,001,454
• 30 Day Avg. Volume: 919,408
• PEG Ratio: 0.38
• Price to Book (P/B): 1.13
• Price to Sales (P/S): 1.20
• P/FCF Ratio: 11.01
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £327.50
• Price Target Upside: 88.65% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 65 Neutral
• Price Target: 187.00p ▲(7.72% Upside)

Marshalls' overall stock score is driven by its solid financial performance, characterized by improved margins and cash flow management. The technical analysis suggests a bearish trend, but the valuation remains fair with an attractive dividend yield. The absence of earnings call data and corporate events limits additional insights.

Marshalls Business Overview & Revenue Model

Company Description

Marshalls (MSLH) is a leading off-price retailer in the United States, specializing in offering a wide range of brand-name apparel, footwear, home goods, and accessories at discounted prices. The company operates a chain of stores that provides customers with a treasure-hunt shopping experience, where they can find high-quality products from various categories at significantly lower prices compared to traditional retail outlets. Marshalls is part of the TJX Companies, which also includes other well-known off-price retailers like T.J. Maxx and HomeGoods.

How the Company Makes Money

Marshalls generates revenue primarily through the sale of discounted merchandise, capitalizing on the off-price retail model. The company purchases excess inventory, discontinued items, and closeouts from manufacturers and retailers, allowing it to offer products at prices that are typically 20-60% lower than standard retail. Key revenue streams include in-store sales, e-commerce transactions, and seasonal promotions that attract a diverse customer base. Additionally, Marshalls benefits from a strong supply chain network and partnerships with various brand manufacturers, which enable the company to maintain a consistent flow of inventory and introduce new products regularly. The company's ability to adapt to changing consumer trends and economic conditions also plays a significant role in sustaining its earnings.

Marshalls Financial Statement Overview

Summary

Marshalls shows a mixed but generally positive financial performance. Despite a decline in revenue, improved margins and cash flow metrics indicate better efficiency and cash management. The balance sheet reflects reduced leverage and a stronger equity position, contributing to financial stability.

Income Statement

Marshalls experienced a decline in total revenue from 2023 to 2024, showing a negative revenue growth rate. However, the company improved its gross profit margin and net profit margin, indicating better cost management. EBITDA margin remained stable, but EBIT margin improved, suggesting enhanced operational efficiency.

Balance Sheet

The company's debt-to-equity ratio decreased, reflecting a reduction in leverage, which enhances financial stability. The equity ratio improved, indicating a stronger equity position relative to assets. Return on equity increased, suggesting effective utilization of shareholder funds.

Cash Flow

Marshalls' free cash flow growth rate was positive, indicating improved cash generation. The operating cash flow to net income ratio suggests efficient conversion of income into cash, while free cash flow to net income ratio improved, signifying healthy cash flow management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	472.25M	619.20M	671.20M	719.37M	589.26M	469.45M
Gross Profit	292.10M	391.50M	220.10M	250.82M	199.49M	136.77M
EBITDA	58.00M	84.20M	84.30M	90.08M	103.89M	39.66M
Net Income	19.35M	31.00M	18.60M	26.80M	54.81M	2.37M
Balance Sheet
Total Assets	1.10B	1.08B	1.11B	1.21B	595.97M	614.43M
Cash, Cash Equivalents and Short-Term Investments	16.70M	18.90M	34.50M	56.26M	41.21M	103.71M
Total Debt	208.60M	188.20M	252.10M	292.87M	82.33M	179.27M
Total Liabilities	430.70M	414.80M	472.80M	547.80M	251.66M	326.58M
Stockholders Equity	670.50M	661.30M	641.30M	660.29M	343.33M	286.90M
Cash Flow
Free Cash Flow	39.35M	67.60M	56.90M	55.19M	43.62M	-2.38M
Operating Cash Flow	49.25M	76.80M	77.70M	85.34M	65.54M	12.38M
Investing Cash Flow	-15.40M	-9.80M	-18.20M	-114.94M	-7.03M	-3.31M
Financing Cash Flow	-51.70M	-82.70M	-81.10M	44.35M	-120.95M	41.41M

Marshalls Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 173.60
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:MSLH, the sentiment is Neutral. The current price of 173.6 is above the 20-day moving average (MA) of 169.72, below the 50-day MA of 173.63, and below the 200-day MA of 230.06, indicating a neutral trend. The MACD of -2.54 indicates Negative momentum. The RSI at 56.97 is Neutral, neither overbought nor oversold. The STOCH value of 60.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:MSLH.

Marshalls Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SRC	73 Outperform	£1.33B	29.78	6.07%	―	32.27%	―
BREE	70 Outperform	£1.20B	13.31	7.90%	4.27%	7.83%	-7.40%
MSLH	65 Neutral	£436.92M	18.72	3.57%	4.60%	1.31%	10.19%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MBH	61 Neutral	£77.66M	15.09	5.71%	4.98%	-0.29%	-33.41%
FORT	60 Neutral	£378.68M	24.64	7.03%	2.12%	15.99%	96.05%
IBST	57 Neutral	£543.87M	45.19	3.10%	2.40%	5.58%	66.49%

Marshalls Corporate Events

Marshalls CEO Acquires Shares, Signaling Confidence in Future

Marshalls plc announced a transaction involving its Chief Executive, Matthew Pullen, who purchased 85 ordinary shares at £1.76 each under the company’s Employee Share Purchase Plan 2015. This transaction, conducted on the London Stock Exchange, highlights the executive’s confidence in the company’s future performance and aligns with Marshalls’ commitment to employee investment in the company.

The most recent analyst rating on (GB:MSLH) stock is a Hold with a £222.00 price target. To see the full list of analyst forecasts on Marshalls stock, see the GB:MSLH Stock Forecast page.

Marshalls CFO Purchases Shares Under Employee Plan

Marshalls plc announced a transaction involving its Chief Financial Officer, Justin Lockwood, who purchased 85 ordinary shares at £1.76 each under the company’s Employee Share Purchase Plan 2015. This transaction, conducted on the London Stock Exchange, highlights ongoing insider investment in the company, potentially signaling confidence in its future performance.

The most recent analyst rating on (GB:MSLH) stock is a Hold with a £222.00 price target. To see the full list of analyst forecasts on Marshalls stock, see the GB:MSLH Stock Forecast page.

Marshalls CCO Engages in Share Purchase

Marshalls plc announced a transaction involving Simon Bourne, the Chief Commercial Officer, who purchased 84 ordinary shares at £1.76 each under the company’s Employee Share Purchase Plan 2015. This transaction was conducted on the London Stock Exchange, Main Market, and reflects the company’s ongoing commitment to employee investment in its shares, potentially aligning managerial interests with shareholder value.

The most recent analyst rating on (GB:MSLH) stock is a Hold with a £222.00 price target. To see the full list of analyst forecasts on Marshalls stock, see the GB:MSLH Stock Forecast page.

Marshalls PLC CCO Acquires Shares Under Employee Plan

Marshalls PLC announced a transaction involving its Chief Commercial Officer, Simon Bourne, who purchased 87 ordinary shares at £1.73 each under the company’s Employee Share Purchase Plan 2015. This transaction, conducted on the London Stock Exchange, reflects the company’s ongoing commitment to aligning its leadership with shareholder interests, potentially strengthening stakeholder confidence in Marshalls’ market strategies.

The most recent analyst rating on (GB:MSLH) stock is a Hold with a £222.00 price target. To see the full list of analyst forecasts on Marshalls stock, see the GB:MSLH Stock Forecast page.

Marshalls CEO Acquires Shares, Signaling Confidence

Marshalls PLC has announced a transaction involving its Chief Executive, Matthew Pullen, who has purchased 86 ordinary shares at £1.73 each under the company’s Employee Share Purchase Plan 2015. This transaction, conducted on the London Stock Exchange, highlights the executive’s commitment to the company and may be seen as a positive signal to stakeholders regarding confidence in the company’s future prospects.

The most recent analyst rating on (GB:MSLH) stock is a Hold with a £222.00 price target. To see the full list of analyst forecasts on Marshalls stock, see the GB:MSLH Stock Forecast page.

Marshalls CFO Acquires Shares Under Employee Plan

Marshalls PLC announced a transaction involving its Chief Financial Officer, Justin Lockwood, who purchased 86 ordinary shares at £1.73 each under the company’s Employee Share Purchase Plan 2015. This transaction, conducted on the London Stock Exchange, reflects internal confidence in the company’s performance and could positively influence stakeholder perception.

The most recent analyst rating on (GB:MSLH) stock is a Hold with a £222.00 price target. To see the full list of analyst forecasts on Marshalls stock, see the GB:MSLH Stock Forecast page.

Marshalls CEO Acquires Shares, Signaling Confidence

Marshalls plc has announced a transaction involving its Chief Executive, Matthew Pullen, who has purchased 7,734 ordinary shares at a price of 2.06 GBP each. This transaction, conducted on the London Stock Exchange, reflects a significant investment by the CEO, potentially signaling confidence in the company’s future performance and stability. Such moves can influence stakeholder perceptions and may impact the company’s market positioning.

The most recent analyst rating on (GB:MSLH) stock is a Buy with a £420.00 price target. To see the full list of analyst forecasts on Marshalls stock, see the GB:MSLH Stock Forecast page.

Marshalls PLC Executives’ Associates Acquire Shares, Signaling Confidence

Marshalls PLC announced the purchase of shares by individuals closely associated with its top executives, specifically Alison Lockwood and Amanda Bourne. These transactions, conducted on the London Stock Exchange, reflect internal confidence in the company’s prospects, potentially influencing stakeholder perceptions and market positioning.

The most recent analyst rating on (GB:MSLH) stock is a Buy with a £420.00 price target. To see the full list of analyst forecasts on Marshalls stock, see the GB:MSLH Stock Forecast page.

Marshalls plc Reports Revenue Growth Amid Challenging Markets

Marshalls plc reported a return to revenue growth in the first half of 2025, driven by its ‘Transform & Grow’ strategy, despite challenging market conditions. The company saw a 4% increase in revenue, with strong performances in Building and Roofing Products, while Landscaping Products faced profitability challenges. Marshalls is optimizing its manufacturing footprint and reducing costs, expecting significant savings by 2026. The company remains optimistic about future growth, supported by government investment in housing and infrastructure.

The most recent analyst rating on (GB:MSLH) stock is a Buy with a £420.00 price target. To see the full list of analyst forecasts on Marshalls stock, see the GB:MSLH Stock Forecast page.

Marshalls Announces Board Changes and New Non-Executive Director Appointment

Marshalls plc has announced the appointment of Paul Inman as a Non-Executive Director and Audit Committee Chair designate, effective from September 15, 2025. This appointment is part of the company’s succession planning as Graham Prothero, the current Senior Independent Director and Audit Committee Chair, plans to retire in 2026. Paul Inman, with extensive financial and operational experience, will work closely with Graham until he fully assumes the role. Diana Houghton will succeed Graham as Senior Independent Director. The board believes these changes will support Marshalls’ strategy execution and governance commitments.

The most recent analyst rating on (GB:MSLH) stock is a Buy with a £420.00 price target. To see the full list of analyst forecasts on Marshalls stock, see the GB:MSLH Stock Forecast page.

Marshalls plc Reports Revenue Growth Amidst Market Challenges

Marshalls plc reported a four percent increase in revenue to £319 million for the first half of 2025, despite facing challenges in its key markets. The Landscaping Products segment saw a slight revenue contraction due to market overcapacity and inflation in building materials, impacting profitability. To address these challenges, Marshalls is optimizing its manufacturing footprint, which is expected to yield significant cost savings. Meanwhile, the Building and Roofing Products divisions experienced growth, driven by strong performances in Water Management and Viridian Solar. The company remains focused on its ‘Transform & Grow’ strategy, aiming for improved performance in 2026 amidst ongoing market uncertainties.

The most recent analyst rating on (GB:MSLH) stock is a Buy with a £420.00 price target. To see the full list of analyst forecasts on Marshalls stock, see the GB:MSLH Stock Forecast page.