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

Key Points

• Insider Katerina Patmore made recent stock purchases in Harworth Group, acquiring 88 shares at an average of GBX 171 for a total of £150.48 on September 15th, following earlier transactions in August and July.
• The company's stock has a current market capitalization of £551.60 million, with a PE ratio of 982.66 and a trading volume of 333,586 shares on a recent day.
• Harworth Group has received "buy" ratings from analysts at Jefferies Financial Group and Peel Hunt, both setting a target price of GBX 210, reflecting positive investor sentiment.

Harworth Group plc (LON:HWG - Get Free Report) insider Katerina Patmore acquired 88 shares of the company's stock in a transaction that occurred on Monday, September 15th. The shares were bought at an average price of GBX 171 per share, for a total transaction of £150.48.

Katerina Patmore also recently made the following trade(s):

• On Friday, August 15th, Katerina Patmore bought 82 shares of Harworth Group stock. The stock was purchased at an average price of GBX 183 per share, with a total value of £150.06.
• On Tuesday, July 15th, Katerina Patmore acquired 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 Price Performance

Shares of Harworth Group stock traded down GBX 4 during trading 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 firm's 50-day moving average price is GBX 179.01 and its 200 day moving average price is GBX 175.11. Harworth Group plc has a 1-year low of GBX 155 and a 1-year high of GBX 195. The company has a debt-to-equity ratio of 13.88, a quick ratio of 1.13 and a current ratio of 2.59. The company has a market cap of £545.11 million, a P/E ratio of 971.10 and a beta of 0.74.

Harworth Group (LON:HWG - Get Free Report) last announced its quarterly 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%. As a group, research analysts anticipate that Harworth Group plc will post 15.3212521 earnings per share for the current year.

Wall Street Analyst Weigh In

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

Harworth Group Company Profile

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.