Insider Buying: Howden Joinery Group (LON:HWDN) Insider Purchases £144.78 in Stock

Howden Joinery Group Plc (LON:HWDN) insider Jackie Callaway bought 19 shares of the business’s stock in a transaction that occurred on Monday, October 12th. The shares were purchased at an average price of GBX 762 per share, for a total transaction of £144.78.

Howden Joinery Group Stock Down 0.5%

Shares of LON:HWDN opened at GBX 771.29 on Friday. The company has a quick ratio of 0.94, a current ratio of 1.93 and a debt-to-equity ratio of 62.35. Howden Joinery Group Plc has a fifty-two week low of GBX 713 and a fifty-two week high of GBX 981. The stock has a market cap of £4.19 billion, a price-to-earnings ratio of 15.81, a price-to-earnings-growth ratio of 1.96 and a beta of 1.29. The firm’s 50 day moving average price is GBX 778.56 and its 200 day moving average price is GBX 789.19.

Howden Joinery Group (LON:HWDN) last announced its quarterly earnings data on Thursday, July 23rd. The company reported GBX 17.30 EPS for the quarter. Howden Joinery Group had a net margin of 10.86% and a return on equity of 22.80%. As a group, equities research analysts predict that Howden Joinery Group Plc will post 52.81 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on HWDN shares. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 847 price objective on shares of Howden Joinery Group in a report on Wednesday, August 12th. Berenberg Bank reiterated a “buy” rating and set a GBX 1,075 price target on shares of Howden Joinery Group in a research note on Thursday, July 23rd. Royal Bank Of Canada upgraded shares of Howden Joinery Group to a “sector perform” rating and upped their price objective for the company from GBX 900 to GBX 960 in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. raised their price objective on Howden Joinery Group from GBX 900 to GBX 955 and gave the stock a “neutral” rating in a report on Tuesday, June 30th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 1,210 target price on shares of Howden Joinery Group in a research report on Wednesday, June 24th. Two investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of GBX 1,009.40.

About Howden Joinery Group

Howden Joinery Group Plc is the parent company of Howdens.

Howdens sells kitchens and joinery products to trade customers, primarily small local builders, through a network of over 850 UK depots. The business also operates over 70 depots across France, the Republic of Ireland, and Belgium.

Howdens only sells to the trade – they have the expertise to ensure that our products are fitted to the highest possible standards. Local Howdens depots build trusted partnerships with trade professionals, helping them to exceed their customers’ expectations and allowing their businesses and ours to profit from doing so.