Henry Boot (LON:BOOT) Releases Quarterly Earnings Results

Key Points

• Henry Boot reported weak quarterly earnings, with EPS of GBX (2.20), alongside an 8.55% net margin and 5.16% return on equity.
• The company’s broader performance remains pressured: it reported a £6.3 million first-half pretax loss on revenue of £80.7 million, contributing to a dividend cut and reduced investor income appeal.
• Despite near-term challenges, analysts retain a consensus “Buy” rating with a GBX 206 target price, while incoming CEO Edward Hutchinson prepares a refreshed strategy; Berenberg’s target was lowered to GBX 186 from GBX 219.

Henry Boot (LON:BOOT - Get Free Report) released its quarterly earnings data on Wednesday. The company reported GBX (2.20) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Henry Boot had a net margin of 8.55% and a return on equity of 5.16%.

Henry Boot Price Performance

LON BOOT opened at GBX 141.60 on Wednesday. Henry Boot has a 1 year low of GBX 133.50 and a 1 year high of GBX 230. The company has a current ratio of 4.85, a quick ratio of 0.83 and a debt-to-equity ratio of 27.55. The company has a fifty day simple moving average of GBX 152.18 and a 200 day simple moving average of GBX 164.60. The company has a market cap of £190.15 million, a P/E ratio of 8.28, a P/E/G ratio of -11.97 and a beta of 0.22.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on BOOT. Jefferies Financial Group reiterated a "buy" rating and set a GBX 226 price target on shares of Henry Boot in a report on Monday, June 8th. Berenberg Bank decreased their target price on shares of Henry Boot from GBX 219 to GBX 186 and set a "buy" rating for the company in a research report on Tuesday. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of GBX 206.

Key Stories Impacting Henry Boot

Here are the key news stories impacting Henry Boot this week:

• Positive Sentiment: Berenberg maintained its “buy” rating on Henry Boot, indicating that the broker still sees longer-term value despite reducing its valuation estimate. Berenberg Cuts Henry Boot's Price Target, Keeps Buy
• Positive Sentiment: Incoming CEO Edward Hutchinson is preparing a “refreshed strategy,” which could improve capital allocation and operating performance as market conditions stabilize. Henry Boot New CEO Strategy
• Neutral Sentiment: Berenberg cut its price target from GBX 219 to GBX 186 while retaining its buy recommendation. The lower target reflects reduced near-term expectations, but it still implies potential upside from the current trading level. Berenberg Cuts Henry Boot Price Target
• Negative Sentiment: Henry Boot reported a £6.3 million first-half pre-tax loss, compared with the profitability investors would generally expect from the property and land developer. Revenue fell to £80.7 million, while softer land demand weighed on performance. Henry Boot Reports First-Half Loss
• Negative Sentiment: The company also reported quarterly EPS of GBX (2.20), reinforcing concerns over weak current earnings. Its reported net margin was 8.55% and return on equity was 5.16%. Henry Boot Quarterly Earnings
• Negative Sentiment: The interim loss prompted a dividend cut, reducing the stock’s income appeal and likely contributing to investor selling. Henry Boot Dividend Cut

Insider Activity

In other news, insider Earl Sibley purchased 10,000 shares of the business's stock in a transaction that occurred on Thursday, July 23rd. The stock was purchased at an average cost of GBX 154 per share, with a total value of £15,400. 6.41% of the stock is owned by company insiders.

About Henry Boot

Henry Boot is one of the UK's leading land, property development and home building businesses - and we've been transforming land and spaces since 1886. Listed on the London Stock Exchange for nearly 100 years, we're renowned for quality, expertise, delivery and a partnership approach across the group - which comprises Hallam Land, HBD, Stonebridge Homes and Banner Plant. Operating across the UK, and employing over 400 people, we focus on three key markets: residential, industrial and logistics, and urban development.