Harworth Group (LON:HWG) Insider Chris Birch Buys 88 Shares

Key Points

• Harworth Group plc insider Chris Birch purchased 88 shares at an average price of GBX 171, totaling £150.48, indicating confidence in the company's stock.
• The company's recent performance shows a market cap of £551.60 million, a P/E ratio of 982.66, and a current ratio of 2.59.
• Analysts maintain a "buy" rating for Harworth Group, with a consensus price target of GBX 210, signaling optimism for future growth.

Harworth Group plc (LON:HWG - Get Free Report) insider Chris Birch purchased 88 shares of the firm's stock in a transaction on Monday, September 15th. The stock was acquired at an average cost of GBX 171 per share, with a total value 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, with a total value of £151.20.

Harworth Group Stock Performance

Shares of HWG stock traded down GBX 4 during trading hours on Friday, reaching GBX 168. 1,054,278 shares of the company's stock were exchanged, compared to its average volume of 244,717. The company's 50 day moving average is GBX 179.01 and its two-hundred day moving average is GBX 175.11. The company has a market cap of £545.11 million, a P/E ratio of 971.10 and a beta of 0.74. 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 1 year low of GBX 155 and a 1 year high of GBX 195.

Harworth Group (LON:HWG - Get Free Report) last released its quarterly earnings data on Tuesday, September 16th. The company reported GBX 3 earnings per share for the quarter. Harworth Group had a return on equity of 7.75% and a net margin of 52.25%. Equities research analysts anticipate that Harworth Group plc will post 15.3212521 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on HWG shares. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 210 price objective on shares of Harworth Group in a research note on Tuesday, August 5th. Peel Hunt reaffirmed a "buy" rating and issued a GBX 210 price objective on shares of Harworth Group in a report on Monday, September 15th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat, Harworth Group has an average rating of "Buy" and a consensus 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.