Insider Buying: Harworth Group (LON:HWG) Insider Acquires 84 Shares of Stock

Harworth Group plc (LON:HWG) insider Lynda Shillaw acquired 84 shares of the company’s stock in a transaction on Tuesday, September 15th. The shares were purchased at an average cost of GBX 178 per share, with a total value of £149.52.

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

• On Monday, August 17th, Lynda Shillaw bought 84 shares of Harworth Group stock. The stock was purchased at an average cost of GBX 179 per share, for a total transaction of £150.36.
• On Wednesday, July 15th, Lynda Shillaw bought 118 shares of Harworth Group stock. The stock was purchased at an average cost of GBX 127 per share, for a total transaction of £149.86.

Harworth Group Price Performance

Harworth Group stock opened at GBX 176.80 on Thursday. The firm has a 50-day moving average price of GBX 158.32 and a 200-day moving average price of GBX 146.17. The firm has a market capitalization of £575.00 million, a PE ratio of 63.14 and a beta of 0.57. The company has a current ratio of 441.42, a quick ratio of 1.13 and a debt-to-equity ratio of 29.88. Harworth Group plc has a 12-month low of GBX 116.80 and a 12-month high of GBX 185.

Harworth Group (LON:HWG) last issued its quarterly earnings results on Wednesday, September 9th. The company reported GBX (7.80) EPS for the quarter. Harworth Group had a negative net margin of 20.56% and a negative return on equity of 3.74%. As a group, equities research analysts forecast that Harworth Group plc will post 15.3212521 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Jefferies Financial Group reissued a “buy” rating and set a GBX 170 target price on shares of Harworth Group in a research note on Wednesday, September 9th. Peel Hunt reissued a “buy” rating and issued a GBX 200 price objective on shares of Harworth Group in a research report on Wednesday, August 5th. Four investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 196.75.

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.