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

Howden Joinery Group Plc (LON:HWDN) insider Andrew Livingston acquired 19 shares of the company’s stock in a transaction on Monday, October 12th. The stock was acquired at an average price of GBX 762 per share, for a total transaction of £144.78.

Andrew Livingston also recently made the following trade(s):

• On Friday, September 11th, Andrew Livingston purchased 21 shares of Howden Joinery Group stock. The stock was bought at an average price of GBX 741 per share, for a total transaction of £155.61.
• On Wednesday, August 12th, Andrew Livingston acquired 18 shares of Howden Joinery Group stock. The stock was acquired at an average price of GBX 830 per share, with a total value of £149.40.

Howden Joinery Group Price Performance

Shares of LON HWDN opened at GBX 771.29 on Friday. The company has a debt-to-equity ratio of 62.35, a current ratio of 1.93 and a quick ratio of 0.94. 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 capitalization of £4.19 billion, a PE ratio of 15.81, a P/E/G ratio of 1.96 and a beta of 1.29. The business has a fifty day moving average price of GBX 778.56 and a two-hundred day moving average price of GBX 789.19.

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

Analysts Set New Price Targets

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

Howden Joinery Group Company Profile

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.