Harworth Group (LON:HWG) Issues Earnings Results

Key Points

• Harworth Group reported quarterly earnings of GBX 3 EPS, with a net margin of 52.25% and a return on equity of 7.75%.
• The company has a market capitalization of £553.76 million and a current ratio of 2.59, indicating strong liquidity.
• Analysts have rated the stock as a "buy" with a price target of GBX 210, reflecting positive market sentiment.

Harworth Group (LON:HWG - Get Free Report) released its quarterly earnings data on Tuesday. The company reported GBX 3 EPS for the quarter, Digital Look Earnings reports. Harworth Group had a net margin of 52.25% and a return on equity of 7.75%.

Harworth Group Stock Performance

Harworth Group stock opened at GBX 170.66 on Tuesday. Harworth Group has a 1-year low of GBX 155 and a 1-year high of GBX 195. The company has a current ratio of 2.59, a quick ratio of 1.13 and a debt-to-equity ratio of 13.88. The firm has a market capitalization of £553.76 million, a PE ratio of 986.49 and a beta of 0.74. The firm's 50 day simple moving average is GBX 180.38 and its 200 day simple moving average is GBX 175.04.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Peel Hunt reissued a "buy" rating and issued a GBX 210 price target on shares of Harworth Group in a research report on Monday. Jefferies Financial Group reiterated a "buy" rating and issued a GBX 210 price objective on shares of Harworth Group in a research note on Tuesday, August 5th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently 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.

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