Insider Buying: Harworth Group (LON:HWG) Insider Buys £9,953.64 in Stock

Harworth Group plc (LON:HWG) insider Katerina Patmore bought 5,787 shares of the company’s stock in a transaction dated Monday, September 22nd. The shares were acquired at an average cost of GBX 172 per share, with a total value of £9,953.64.

Katerina Patmore also recently made the following trade(s):

• On Monday, September 15th, Katerina Patmore bought 88 shares of Harworth Group stock. The shares were bought at an average price of GBX 171 per share, for a total transaction of £150.48.
• On Friday, August 15th, Katerina Patmore bought 82 shares of Harworth Group stock. The stock was bought at an average price of GBX 183 per share, with a total value of £150.06.
• On Tuesday, July 15th, Katerina Patmore purchased 80 shares of Harworth Group stock. The stock was purchased at an average cost of GBX 189 per share, with a total value of £151.20.

Harworth Group Price Performance

Shares of HWG opened at GBX 169.50 on Friday. The firm has a 50-day simple moving average of GBX 177.84 and a two-hundred day simple moving average of GBX 175.38. The company has a debt-to-equity ratio of 13.88, a current ratio of 2.59 and a quick ratio of 1.13. Harworth Group plc has a 1-year low of GBX 155 and a 1-year high of GBX 195. The stock has a market cap of £549.98 million, a PE ratio of 979.77 and a beta of 0.74.

Harworth Group (LON:HWG) last issued its quarterly earnings results on Tuesday, September 16th. The company reported GBX 3 earnings per share (EPS) for the quarter. Harworth Group had a net margin of 52.25% and a return on equity of 7.75%. As a group, analysts forecast that Harworth Group plc will post 15.3212521 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on HWG shares. Peel Hunt restated a “buy” rating and set a GBX 210 price target on shares of Harworth Group in a research note on Monday, September 15th. Jefferies Financial Group restated a “buy” rating and set a GBX 210 target price on shares of Harworth Group in a report on Tuesday, August 5th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of GBX 210.

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.