Henry Boot (LON:BOOT) Trading Up 0.5% - Here's What Happened

Key Points

• Henry Boot PLC's stock price increased by 0.5%, trading as high as GBX 219 ($2.94) with a significant trading volume of 368,891 shares, marking a 266% rise from its average daily volume.
• Jefferies Financial Group has reissued a "buy" rating for Henry Boot, setting a target price of GBX 262, with the stock currently holding an average rating of "Buy."
• The company recently reported earnings of GBX 4.80 per share and has a market capitalization of £287.60 million, with analysts predicting an EPS of approximately 18.21 for the current fiscal year.

Henry Boot PLC (LON:BOOT - Get Free Report)'s stock price was up 0.5% during trading on Wednesday . The stock traded as high as GBX 219 ($2.94) and last traded at GBX 215 ($2.88). Approximately 368,891 shares were traded during mid-day trading, an increase of 266% from the average daily volume of 100,811 shares. The stock had previously closed at GBX 214 ($2.87).

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reissued a "buy" rating and set a GBX 262 target price on shares of Henry Boot in a research note on Wednesday, September 24th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of "Buy" and an average price target of GBX 262.

Henry Boot Stock Up 0.5%

The company has a quick ratio of 0.84, a current ratio of 2.14 and a debt-to-equity ratio of 29.17. The firm has a market capitalization of £287.60 million, a PE ratio of 1,137.57, a price-to-earnings-growth ratio of -11.97 and a beta of 0.80. The business's 50-day moving average price is GBX 221.75 and its 200-day moving average price is GBX 220.46.

Henry Boot (LON:BOOT - Get Free Report) last released its quarterly earnings data on Tuesday, September 23rd. The company reported GBX 4.80 earnings per share for the quarter. Henry Boot had a net margin of 3.96% and a return on equity of 2.79%. As a group, equities research analysts predict that Henry Boot PLC will post 18.2106097 EPS for the current fiscal year.

Henry Boot Company Profile

Henry Boot is one of the UK's leading land, property development, home building and construction businesses - and we've been transforming land and spaces since 1886. Listed on the London Stock Exchange since 1919, we're renowned for quality, expertise, delivery and a partnership approach across the group - which comprises, Hallam Land, HBD, Stonebridge, Henry Boot Construction, Banner Plant and Road Link. Operating across the UK, and employing over 500 people, we focus on three key markets: urban development, industrial and logistics and residential.

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