Galliford Try (LON:GFRD) Insider Sells £27,324.78 in Stock

Galliford Try Holdings plc (LON:GFRD) insider Kris Hampson sold 5,117 shares of the firm’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of GBX 534, for a total transaction of £27,324.78.

Galliford Try Stock Performance

LON:GFRD opened at GBX 709 on Friday. The company has a fifty day moving average of GBX 627.17 and a 200-day moving average of GBX 562.69. The company has a quick ratio of 0.89, a current ratio of 0.94 and a debt-to-equity ratio of 35.36. Galliford Try Holdings plc has a twelve month low of GBX 466 and a twelve month high of GBX 726.81. The firm has a market capitalization of £700.61 million, a P/E ratio of 20.20, a P/E/G ratio of 0.90 and a beta of 0.47.

Galliford Try (LON:GFRD) last announced its quarterly earnings data on Thursday, September 17th. The company reported GBX 41.70 earnings per share for the quarter. Galliford Try had a return on equity of 32.45% and a net margin of 2.13%. As a group, sell-side analysts anticipate that Galliford Try Holdings plc will post 25.1560178 EPS for the current year.

Galliford Try declared that its Board of Directors has approved a stock repurchase program on Thursday, September 17th that permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

Separately, Berenberg Bank raised their price target on shares of Galliford Try from GBX 680 to GBX 750 and gave the stock a “buy” rating in a report on Thursday, September 17th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 650.

About Galliford Try

Galliford Try is one of the UK’s leading construction groups, working to improve the UK’s built environment, delivering positive, lasting change for the communities we work in on behalf of our clients.

Our business operates mainly under the Galliford Try and Morrison Construction brands, focusing on areas where we have core and proven strengths, namely in Building, Highways and Environment. We see long-term growth and appropriate margins in these markets.

Our company is founded on our values of excellence, passion, integrity and collaboration, and our vision is to be a people-orientated, progressive business, driven by our values to deliver lasting change for our stakeholders and the communities we work in.