Howden Joinery Group Plc (LON:HWDN) Insider Acquires £57,900 in Stock

Howden Joinery Group Plc (LON:HWDN) insider Tim Lodge purchased 7,500 shares of the company’s stock in a transaction that occurred on Monday, March 3rd. The shares were acquired at an average cost of GBX 772 ($9.95) per share, for a total transaction of £57,900 ($74,632.64).

Howden Joinery Group Stock Up 1.2 %

HWDN opened at GBX 749 ($9.65) on Thursday. The company has a market capitalization of £4.09 billion, a PE ratio of 16.06, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. The business has a 50-day moving average of GBX 799.40 and a 200-day moving average of GBX 850.79. Howden Joinery Group Plc has a fifty-two week low of GBX 736 ($9.49) and a fifty-two week high of GBX 982.50 ($12.66). 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 issued its quarterly earnings data on Thursday, February 27th. The company reported GBX 45.60 ($0.59) earnings per share for the quarter. Howden Joinery Group had a net margin of 10.82% and a return on equity of 25.70%. Equities research analysts forecast that Howden Joinery Group Plc will post 52.8073286 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

HWDN has been the topic of several research analyst reports. JPMorgan Chase & Co. lifted their target price on Howden Joinery Group from GBX 680 ($8.77) to GBX 849 ($10.94) and gave the company a “neutral” rating in a research note on Thursday, December 5th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 975 ($12.57) price objective on shares of Howden Joinery Group in a research report on Thursday, November 7th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, Howden Joinery Group currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 968.80 ($12.49).

About Howden Joinery Group

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.