Breedon Group (LON:BREE) Sets New 12-Month Low – What’s Next?

Breedon Group plc (LON:BREE) shares hit a new 52-week low during trading on Thursday . The company traded as low as GBX 331.54 ($4.44) and last traded at GBX 331.68 ($4.45), with a volume of 1781668 shares traded. The stock had previously closed at GBX 332 ($4.45).

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 540 price target on shares of Breedon Group in a research report on Monday, September 8th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 561.67.

Breedon Group Price Performance

The company has a debt-to-equity ratio of 44.86, a current ratio of 1.44 and a quick ratio of 1.12. The firm has a 50-day moving average of GBX 361.33 and a 200-day moving average of GBX 399.98. The stock has a market cap of £1.14 billion, a PE ratio of 1,267.69, a PEG ratio of 1.56 and a beta of 1.29.

Breedon Group (LON:BREE) last released its earnings results on Wednesday, July 23rd. The company reported GBX 11.20 earnings per share (EPS) for the quarter. Breedon Group had a return on equity of 8.58% and a net margin of 6.34%. Research analysts predict that Breedon Group plc will post 36.8586859 EPS for the current year.

Insider Transactions at Breedon Group

In other news, insider Clive Watson purchased 4,919 shares of the business’s stock in a transaction on Wednesday, July 23rd. The stock was acquired at an average price of GBX 354 per share, for a total transaction of £17,413.26. Also, insider James Brotherton purchased 7,033 shares of the business’s stock in a transaction on Wednesday, July 23rd. The shares were purchased at an average price of GBX 354 per share, with a total value of £24,896.82. Over the last 90 days, insiders have acquired 179,282 shares of company stock worth $69,430,855. 42.37% of the stock is owned by corporate insiders.

About Breedon Group

Breedon Group plc, a leading vertically-integrated construction materials group in Great Britain, Ireland and the USA, delivers essential products to the construction sector. Breedon holds 1.5bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services, including specialty materials, surfacing and highway maintenance operations, to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants.