Howden Joinery Group Plc (LON:HWDN) Insider Tim Lodge Buys 7,500 Shares

Howden Joinery Group Plc (LON:HWDN) insider Tim Lodge purchased 7,500 shares of the firm’s stock in a transaction dated Monday, March 3rd. The shares were acquired at an average cost of GBX 772 ($9.81) per share, with a total value of £57,900 ($73,579.87).

Howden Joinery Group Stock Performance

Howden Joinery Group stock opened at GBX 767.60 ($9.75) on Tuesday. Howden Joinery Group Plc has a 12-month low of GBX 736 ($9.35) and a 12-month high of GBX 982.50 ($12.49). The company has a quick ratio of 0.94, a current ratio of 1.99 and a debt-to-equity ratio of 60.20. The business’s 50-day moving average price is GBX 800.79 and its two-hundred day moving average price is GBX 852.95. The stock has a market cap of £4.19 billion, a PE ratio of 16.45, a P/E/G ratio of 1.96 and a beta of 1.07.

Howden Joinery Group (LON:HWDN) last released its quarterly earnings results on Thursday, February 27th. The company reported GBX 45.60 ($0.58) earnings per share for the quarter. Howden Joinery Group had a return on equity of 25.70% and a net margin of 10.82%. As a group, analysts expect that Howden Joinery Group Plc will post 52.8073286 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on HWDN shares. JPMorgan Chase & Co. raised their target price on shares of Howden Joinery Group from GBX 680 ($8.64) to GBX 849 ($10.79) and gave the company a “neutral” rating in a research note on Thursday, December 5th. Berenberg Bank reissued a “buy” rating and set a GBX 975 ($12.39) target price on shares of Howden Joinery Group in a report on Thursday, November 7th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 968.80 ($12.31).

Howden Joinery Group Company Profile

Howden Joinery Group Plc is the parent company of Howdens.

Howdens sells kitchens and joinery products to trade customers, primarily small local builders, through a network of over 850 UK depots. The business also operates over 70 depots across France, the Republic of Ireland, and Belgium.

Howdens only sells to the trade – they have the expertise to ensure that our products are fitted to the highest possible standards.