Howden Joinery Group (LON:HWDN) Reaches New 12-Month Low – Should You Sell?

Howden Joinery Group Plc (LON:HWDN)’s stock price hit a new 52-week low on Monday . The company traded as low as GBX 647.10 ($8.27) and last traded at GBX 661.50 ($8.45), with a volume of 6374209 shares trading hands. The stock had previously closed at GBX 682.83 ($8.73).

Howden Joinery Group Stock Down 1.6 %

The stock has a market capitalization of £3.72 billion, a price-to-earnings ratio of 14.61, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. The firm has a 50 day simple moving average of GBX 772.89 and a 200-day simple moving average of GBX 813.16. The company has a debt-to-equity ratio of 60.20, a current ratio of 1.99 and a quick ratio of 0.94.

Howden Joinery Group (LON:HWDN) last announced its earnings results on Thursday, February 27th. The company reported GBX 45.60 ($0.58) earnings per share (EPS) for the quarter. Howden Joinery Group had a net margin of 10.82% and a return on equity of 25.70%. On average, sell-side analysts forecast that Howden Joinery Group Plc will post 52.8073286 EPS for the current fiscal year.

Howden Joinery Group Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 23rd. Stockholders of record on Thursday, April 10th will be issued a dividend of GBX 16.30 ($0.21) per share. This is a positive change from Howden Joinery Group’s previous dividend of $4.90. The ex-dividend date is Thursday, April 10th. This represents a dividend yield of 2.2%. Howden Joinery Group’s dividend payout ratio (DPR) is presently 45.01%.

Insider Transactions at Howden Joinery Group

In other Howden Joinery Group news, insider Roisin Currie bought 1,387 shares of the stock in a transaction dated Thursday, April 3rd. The stock was bought at an average cost of GBX 717 ($9.16) per share, for a total transaction of £9,944.79 ($12,707.37). Also, insider Tim Lodge purchased 7,500 shares of the business’s stock in a transaction that occurred on Monday, March 3rd. The stock was acquired at an average cost of GBX 772 ($9.86) per share, with a total value of £57,900 ($73,984.16). Insiders have acquired 26,653 shares of company stock valued at $20,110,770 in the last three months. 0.47% of the stock is owned by corporate insiders.

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.