Breedon Group (LON:BREE) Hits New 12-Month Low – What’s Next?

Breedon Group plc (LON:BREE)’s share price hit a new 52-week low on Monday . The company traded as low as GBX 271.60 and last traded at GBX 272.16, with a volume of 284066 shares trading hands. The stock had previously closed at GBX 275.60.

Analyst Ratings Changes

BREE has been the topic of several research analyst reports. Berenberg Bank reiterated a “buy” rating and issued a GBX 465 price objective on shares of Breedon Group in a report on Monday, March 16th. Stifel Nicolaus dropped their price target on Breedon Group from GBX 430 to GBX 415 and set a “buy” rating for the company in a research report on Tuesday, March 31st. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Breedon Group presently has an average rating of “Moderate Buy” and an average price target of GBX 449.

Breedon Group Price Performance

The stock’s 50-day moving average price is GBX 301.21 and its 200 day moving average price is GBX 322.79. The firm has a market capitalization of £942.27 million, a price-to-earnings ratio of 11.23, a PEG ratio of 1.56 and a beta of 1.08. The company has a quick ratio of 1.12, a current ratio of 1.35 and a debt-to-equity ratio of 53.71.

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

Insiders Place Their Bets

In other Breedon Group news, insider James Brotherton sold 19,318 shares of the business’s stock in a transaction on Monday, April 13th. The stock was sold at an average price of GBX 314, for a total transaction of £60,658.52. Also, insider Clive Watson acquired 11,271 shares of the stock in a transaction on Monday, May 11th. The shares were bought at an average cost of GBX 301 per share, for a total transaction of £33,925.71. Over the last 90 days, insiders have purchased 16,411 shares of company stock valued at $4,937,100. Insiders own 23.27% 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.