Henry Boot (LON:BOOT) Announces Quarterly Earnings Results

Henry Boot (LON:BOOT) issued its quarterly earnings data on Wednesday. The company reported GBX (2.20) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Henry Boot had a return on equity of 2.93% and a net margin of 5.93%.

Henry Boot Stock Up 0.5%

Shares of LON BOOT opened at GBX 140.67 on Thursday. The stock has a market capitalization of £188.90 million, a P/E ratio of 8.23, a PEG ratio of -11.97 and a beta of 0.22. The stock’s fifty day moving average is GBX 151.66 and its 200 day moving average is GBX 164.28. Henry Boot has a 52 week low of GBX 133.50 and a 52 week high of GBX 230. The company has a debt-to-equity ratio of 37.77, a quick ratio of 0.83 and a current ratio of 6.72.

Analyst Upgrades and Downgrades

BOOT has been the subject of several recent research reports. Jefferies Financial Group restated a “buy” rating and issued a GBX 226 price target on shares of Henry Boot in a research note on Monday, June 8th. Berenberg Bank lowered their price objective on Henry Boot from GBX 219 to GBX 186 and set a “buy” rating on the stock in a research report on Tuesday. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Henry Boot has a consensus rating of “Buy” and an average price target of GBX 206.

Key Headlines Impacting Henry Boot

Here are the key news stories impacting Henry Boot this week:

• Positive Sentiment: Berenberg retained its Buy rating, indicating it still sees potential upside despite reducing its price target from GBX 219 to GBX 186. Berenberg Cuts Henry Boot’s PT, Keeps at Buy
• Positive Sentiment: New chief executive Edward Hutchinson is preparing a “refreshed strategy,” which could improve capital allocation and operating performance if market conditions recover. Henry Boot refreshed strategy
• Neutral Sentiment: Henry Boot reported quarterly EPS of negative GBX 2.20, alongside an 8.55% net margin and 5.16% return on equity. The figures provide limited reassurance given the broader half-year loss, but investors will look to management’s conference call and strategy update for signs of stabilization. Henry Boot quarterly earnings
• Negative Sentiment: The company posted a £6.3 million first-half pre-tax loss, compared with the stronger profitability investors expect from the property and land-development group. Revenue fell to £80.7 million, reflecting weaker activity. Henry Boot H1 loss and revenue decline
• Negative Sentiment: Management cited softer demand for land, while the interim loss prompted a dividend cut. Both developments weigh on near-term income appeal and signal continued weakness in the property market. Henry Boot dividend cut
• Negative Sentiment: Berenberg’s lower price target reinforces concerns about reduced earnings prospects, even though the broker remains constructive on the longer-term valuation. Berenberg lowers Henry Boot price target

Insider Activity at Henry Boot

In other news, insider Earl Sibley purchased 10,000 shares of the business’s stock in a transaction dated Thursday, July 23rd. The stock was bought at an average price of GBX 154 per share, with a total value of £15,400. Insiders own 6.41% of the company’s stock.

Henry Boot Company Profile

Henry Boot is one of the UK’s leading land, property development and home building businesses – and we’ve been transforming land and spaces since 1886. Listed on the London Stock Exchange for nearly 100 years, we’re renowned for quality, expertise, delivery and a partnership approach across the group – which comprises Hallam Land, HBD, Stonebridge Homes and Banner Plant.

Operating across the UK, and employing over 400 people, we focus on three key markets: residential, industrial and logistics, and urban development.