Henry Boot (LON:BOOT) Announces Earnings Results

Henry Boot (LON:BOOT) released its quarterly earnings data on Wednesday. The company reported GBX (2.20) earnings per share 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 Price Performance

Shares of BOOT traded up GBX 0.67 during mid-day trading on Thursday, hitting GBX 140.67. 348,771 shares of the stock were exchanged, compared to its average volume of 97,646. The company has a debt-to-equity ratio of 37.77, a quick ratio of 0.83 and a current ratio of 6.72. Henry Boot has a 52-week low of GBX 133.50 and a 52-week high of GBX 230. The firm has a 50-day moving average of GBX 151.66 and a two-hundred day moving average of GBX 164.28. The company has a market cap of £188.90 million, a PE ratio of 8.23, a price-to-earnings-growth ratio of -11.97 and a beta of 0.22.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In other news, insider Earl Sibley bought 10,000 shares of the stock in a transaction dated Thursday, July 23rd. The stock was purchased at an average price of GBX 154 per share, for a total transaction of £15,400. 6.41% of the stock is owned by insiders.

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.