Harworth Group (LON:HWG) Insider Acquires £150.48 in Stock

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 that occurred on Monday, September 15th. The stock was purchased at an average price 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 purchased 80 shares of Harworth Group stock. The stock was purchased at an average price of GBX 189 per share, with a total value of £151.20.

Harworth Group Price Performance

LON:HWG remained flat at GBX 170 during mid-day trading on Tuesday. The company had a trading volume of 333,586 shares, compared to its average volume of 241,037. The stock has a market cap of £551.60 million, a P/E ratio of 982.66 and a beta of 0.74. Harworth Group plc has a fifty-two week low of GBX 155 and a fifty-two week high of GBX 195. The business has a fifty day simple moving average of GBX 180.38 and a 200 day simple moving average of GBX 175.04. The company has a quick ratio of 1.13, a current ratio of 2.59 and a debt-to-equity ratio of 13.88.

Harworth Group (LON:HWG - Get Free Report) last issued 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%. Sell-side 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 issued reports on HWG shares. Jefferies Financial Group reiterated a "buy" rating and set a GBX 210 price objective on shares of Harworth Group in a research report on Tuesday, August 5th. Peel Hunt reiterated a "buy" rating and set a GBX 210 price objective on shares of Harworth Group in a research report on Monday. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently 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.

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