Insider Buying: Harworth Group (LON:HWG) Insider Acquires £151.50 in Stock

Harworth Group plc (LON:HWG) insider Lynda Shillaw purchased 101 shares of the business’s stock in a transaction dated Thursday, April 16th. The stock was bought at an average cost of GBX 150 per share, with a total value of £151.50.

Lynda Shillaw also recently made the following trade(s):

• On Friday, March 20th, Lynda Shillaw purchased 21,764 shares of Harworth Group stock. The stock was bought at an average price of GBX 155 per share, with a total value of £33,734.20.
• On Tuesday, March 10th, Lynda Shillaw acquired 90 shares of Harworth Group stock. The shares were bought at an average price of GBX 167 per share, for a total transaction of £150.30.
• On Monday, February 16th, Lynda Shillaw acquired 93 shares of Harworth Group stock. The shares were bought at an average cost of GBX 161 per share, for a total transaction of £149.73.

Harworth Group Stock Performance

Shares of HWG opened at GBX 151 on Friday. Harworth Group plc has a 52-week low of GBX 141.39 and a 52-week high of GBX 190.50. The stock’s 50-day simple moving average is GBX 159.51 and its 200 day simple moving average is GBX 162.50. The stock has a market capitalization of £490.44 million, a price-to-earnings ratio of 53.93 and a beta of 0.63. The company has a debt-to-equity ratio of 24.93, a quick ratio of 1.13 and a current ratio of 457.81.

Harworth Group (LON:HWG) last announced its earnings results on Tuesday, March 17th. The company reported GBX 2.90 earnings per share (EPS) for the quarter. Harworth Group had a net margin of 7.30% and a return on equity of 1.36%. Research analysts forecast that Harworth Group plc will post 15.3212521 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on HWG shares. Panmure Gordon reiterated a “buy” rating and issued a GBX 215 target price on shares of Harworth Group in a research report on Monday, January 19th. Berenberg Bank upped their price target on shares of Harworth Group from GBX 201 to GBX 202 and gave the company a “buy” rating in a research report on Monday, January 26th. Four research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of GBX 209.75.

About Harworth Group

Harworth Group plc is a leading sustainable regenerator of land and property for development and investment which owns, develops and manages a portfolio of over 14,000 acres of land on around 100 sites located throughout the North of England and Midlands. The Group specialises in the regeneration of large, complex sites, in particular former industrial sites, into new residential and industrial & logistics developments. Visit www.harworthgroup.com for further information.