Breedon Group (LON:BREE) Hits New 1-Year Low – Time to Sell?

Breedon Group plc (LON:BREE) hit a new 52-week low during trading on Monday . The company traded as low as GBX 284.20 and last traded at GBX 285.20, with a volume of 325702 shares trading hands. The stock had previously closed at GBX 288.20.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Stifel Nicolaus reduced their price objective on Breedon Group from GBX 430 to GBX 415 and set a “buy” rating on the stock in a research report on Tuesday, March 31st. Berenberg Bank reaffirmed a “buy” rating and set a GBX 465 price objective on shares of Breedon Group in a research note on Monday, March 16th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Breedon Group presently has an average rating of “Moderate Buy” and an average target price of GBX 449.

Breedon Group Price Performance

The company has a market capitalization of £988.72 million, a price-to-earnings ratio of 11.79, a PEG ratio of 1.56 and a beta of 1.08. The company’s 50 day simple moving average is GBX 313.67 and its 200-day simple moving average is GBX 328.05. The company has a current ratio of 1.35, a quick ratio of 1.12 and a debt-to-equity ratio of 53.71.

Breedon Group (LON:BREE) last released its quarterly earnings results on Wednesday, March 11th. The company reported GBX 31.80 earnings per share (EPS) for the quarter. Breedon Group had a net margin of 4.89% and a return on equity of 7.14%. On average, equities research analysts predict that Breedon Group plc will post 36.8586859 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider James Brotherton sold 19,318 shares of the firm’s stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of GBX 314, for a total value of £60,658.52. Also, insider Clive Watson bought 2,611 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was bought at an average cost of GBX 300 per share, for a total transaction of £7,833. Insiders have bought 16,411 shares of company stock valued at $4,937,100 in the last ninety days. Insiders own 42.70% of the company’s stock.

Breedon Group Company Profile

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.