Breedon Group (LON:BREE) Hits New 1-Year Low – Time to Sell?

Shares of Breedon Group plc (LON:BREE) reached a new 52-week low during trading on Monday . The stock traded as low as GBX 284.20 and last traded at GBX 285.20, with a volume of 325702 shares changing hands. The stock had previously closed at GBX 288.20.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Berenberg Bank reiterated a “buy” rating and issued a GBX 465 price target on shares of Breedon Group in a research report on Monday, March 16th. Stifel Nicolaus reduced their price target on shares of 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 analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 449.

Breedon Group Price Performance

The stock’s fifty day moving average price is GBX 313.67 and its 200-day moving average price is GBX 328.05. The company has a debt-to-equity ratio of 53.71, a quick ratio of 1.12 and a current ratio of 1.35. The firm has a market cap of £988.72 million, a PE ratio of 11.79, a P/E/G ratio of 1.56 and a beta of 1.08.

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

Insider Activity

In related news, insider James Brotherton sold 19,318 shares of the stock in a transaction dated Monday, April 13th. The shares were sold at an average price of GBX 314, for a total value of £60,658.52. Also, insider Clive Watson acquired 11,271 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was acquired at an average cost of GBX 301 per share, for a total transaction of £33,925.71. Insiders purchased 16,411 shares of company stock worth $4,937,100 in the last 90 days. 42.70% of the stock is currently owned by corporate insiders.

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.