Henry Boot (LON:BOOT) Shares Climb 0.7% – Still a Buy?

Henry Boot PLC (LON:BOOT) shares traded up 0.7% during trading on Wednesday. The company traded as high as GBX 151 and last traded at GBX 150. Approximately 47,119 shares traded hands during trading, a decline of 51% from the average session volume of 95,356 shares. The stock had previously closed at GBX 149.

Analyst Upgrades and Downgrades

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

Henry Boot Price Performance

The company has a market cap of £201.90 million, a price-to-earnings ratio of 14.56, a price-to-earnings-growth ratio of -11.97 and a beta of 0.22. The company has a current ratio of 6.72, a quick ratio of 0.83 and a debt-to-equity ratio of 37.77. The company has a fifty day moving average price of GBX 148.84 and a two-hundred day moving average price of GBX 160.88.

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

Insiders Place Their Bets

In other Henry Boot news, insider Earl Sibley purchased 10,000 shares of the firm’s stock in a transaction on Thursday, July 23rd. The shares were purchased at an average price of GBX 154 per share, for a total transaction of £15,400. 6.40% of the stock is owned by corporate insiders.

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.