Insider Buying: Harworth Group (LON:HWG) Insider Acquires 88 Shares of Stock

Harworth Group plc (LON:HWG) insider Chris Birch bought 88 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The stock was acquired at an average cost of GBX 171 per share, for a total transaction of £150.48.

Chris Birch also recently made the following trade(s):

• On Tuesday, July 15th, Chris Birch bought 80 shares of Harworth Group stock. The stock was acquired at an average cost of GBX 189 per share, for a total transaction of £151.20.

Harworth Group Stock Performance

LON:HWG opened at GBX 172 on Friday. The firm has a market capitalization of £558.09 million, a PE ratio of 994.22 and a beta of 0.74. The business’s fifty day moving average price is GBX 179.41 and its 200 day moving average price is GBX 175.06. The company has a debt-to-equity ratio of 13.88, a current ratio of 2.59 and a quick ratio of 1.13. Harworth Group plc has a 12 month low of GBX 155 and a 12 month high of GBX 195.

Harworth Group (LON:HWG) last posted its earnings results on Tuesday, September 16th. The company reported GBX 3 EPS for the quarter. Harworth Group had a return on equity of 7.75% and a net margin of 52.25%. On average, sell-side analysts anticipate that Harworth Group plc will post 15.3212521 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Peel Hunt reaffirmed a “buy” rating and set a GBX 210 price objective on shares of Harworth Group in a report on Monday. Jefferies Financial Group reiterated a “buy” rating and set a GBX 210 target price on shares of Harworth Group in a research note on Tuesday, August 5th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of GBX 210.

About Harworth Group

Harworth Group plc is a leading sustainable regenerator of land and property for development and investment which owns, develops and manages a portfolio of over 14,000 acres of land on around 100 sites located throughout the North of England and Midlands. The Group specialises in the regeneration of large, complex sites, in particular former industrial sites, into new residential and industrial & logistics developments.