Genuit Group (LON:GEN) Insider Bronagh Kennedy Acquires 9,050 Shares

Genuit Group plc (LON:GEN) insider Bronagh Kennedy acquired 9,050 shares of Genuit Group stock in a transaction dated Tuesday, August 11th. The stock was purchased at an average price of GBX 296 per share, for a total transaction of £26,788.

Genuit Group Stock Down 1.5%

Shares of Genuit Group stock traded down GBX 4.40 during trading on Wednesday, hitting GBX 283.60. 1,207,828 shares of the stock were exchanged, compared to its average volume of 5,693,671. The stock has a market cap of £714.89 million, a price-to-earnings ratio of 15.93, a price-to-earnings-growth ratio of 3.23 and a beta of 1.44. The firm’s 50-day moving average price is GBX 271.39 and its 200 day moving average price is GBX 294.15. Genuit Group plc has a 12-month low of GBX 241 and a 12-month high of GBX 391.50. The company has a debt-to-equity ratio of 38.15, a current ratio of 1.54 and a quick ratio of 1.07.

Genuit Group (LON:GEN) last posted its earnings results on Tuesday, August 11th. The company reported GBX 10.50 EPS for the quarter. Genuit Group had a return on equity of 6.89% and a net margin of 7.51%. As a group, analysts forecast that Genuit Group plc will post 27.6836158 earnings per share for the current fiscal year.

Key Stories Impacting Genuit Group

Here are the key news stories impacting Genuit Group this week:

• Positive Sentiment: Broker support strengthened: Jefferies raised its price target from GBX 332 to GBX 366 and initiated a “buy” rating. JPMorgan also increased its target from GBX 440 to GBX 450 while retaining an “overweight” rating. Broker ratings reported by Digital Look
• Positive Sentiment: Other analysts remain constructive: Deutsche Bank and Berenberg reaffirmed “buy” ratings, each maintaining a GBX 440 price target. The targets imply substantial upside from the recent trading level and provide a positive counterweight to near-term concerns. Genuit Group broker ratings
• Neutral Sentiment: Profit guidance was maintained: Genuit said price increases and acquisitions are offsetting weaker market conditions, including the impact of the Iran conflict. Holding guidance is reassuring, but the reference to subdued demand indicates that operating conditions remain challenging. Genuit holds guidance as price rises offset Iran war hit
• Neutral Sentiment: Latest earnings showed profitability: Genuit reported quarterly earnings per share of GBX 10.50, with a 7.51% net margin and 6.89% return on equity. However, the results did not appear to provide a major positive surprise capable of overcoming broader market concerns. Genuit Group earnings report
• Negative Sentiment: Fraud-related loss adds a governance and earnings concern: The company’s Leeds operation reportedly lost £600,000 in a Middle East social-engineering fraud. Although modest relative to Genuit’s overall scale, the incident could prompt investor questions about internal controls and cybersecurity. Genuit Group fraud report

Wall Street Analyst Weigh In

GEN has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 440 target price on shares of Genuit Group in a research note on Wednesday. Berenberg Bank restated a “buy” rating and issued a GBX 440 price objective on shares of Genuit Group in a research note on Wednesday. Jefferies Financial Group raised their price objective on Genuit Group from GBX 332 to GBX 366 and gave the stock a “buy” rating in a report on Wednesday. Finally, JPMorgan Chase & Co. lifted their target price on Genuit Group from GBX 440 to GBX 450 and gave the stock an “overweight” rating in a research report on Wednesday. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of GBX 439.20.

Genuit Group Company Profile

Genuit Group plc is the UK’s largest provider of sustainable water, climate and ventilation products for the built environment. Genuit’s solutions allow customers to mitigate and adapt to the effects of climate change and meet evolving sustainability regulations and targets.

The Group is divided into three Business Units, each of which addresses specific challenges in the built environment:
– Climate Management Solutions – Addressing the drivers for low carbon heating and cooling, and clean and healthy air ventilation.