Henry Boot (LON:BOOT) Stock Price Up 3% – Here’s What Happened

Henry Boot PLC (LON:BOOT) shares rose 3% during trading on Wednesday. The stock traded as high as GBX 154.50 and last traded at GBX 154.50. 11,003 shares changed hands during trading, a decline of 89% from the average session volume of 97,493 shares. The stock had previously closed at GBX 150.

Wall Street Analyst Weigh In

Separately, Berenberg Bank decreased their price target on Henry Boot from GBX 219 to GBX 186 and set a “buy” rating for the company in a research note on Tuesday, September 22nd. Two investment analysts have rated the stock with a Buy rating. According to data from MarketBeat, Henry Boot currently has a consensus rating of “Buy” and a consensus target price of GBX 206.

Henry Boot Stock Performance

The firm has a market cap of £207.95 million, a P/E ratio of 15.00, a P/E/G ratio of -11.97 and a beta of 0.22. The company has a debt-to-equity ratio of 37.77, a quick ratio of 0.83 and a current ratio of 6.72. The business’s 50-day simple moving average is GBX 147.44 and its 200 day simple moving average is GBX 167.53.

Henry Boot (LON:BOOT) last released its quarterly earnings results on Wednesday, September 23rd. The company reported GBX (2.20) earnings per share (EPS) for the quarter. Henry Boot had a return on equity of 2.93% and a net margin of 5.93%. As a group, equities analysts predict that Henry Boot PLC will post 18.21 earnings per share for the current year.

About Henry Boot

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.