Howden Joinery Group (LON:HWDN) Earns Hold Rating from Jefferies Financial Group

Key Points

• Jefferies Financial Group reaffirmed a Hold rating on Howden Joinery and set a GBX 945 price target, implying about a 13.8% upside from the prior close.
• Shares traded around GBX 830.50 (market cap £4.48bn) with a P/E of 16.95; last-quarter EPS was GBX 49.20 and analysts expect roughly 52.81 EPS for the current fiscal year, with a net margin of 11.07% and ROE of 23.58%.
• Howden only sells to the trade, operating a network of over 850 UK depots and more than 70 depots across France, the Republic of Ireland and Belgium.

Howden Joinery Group (LON:HWDN - Get Free Report)'s stock had its "hold" rating reaffirmed by equities researchers at Jefferies Financial Group in a research report issued to clients and investors on Wednesday,London Stock Exchange reports. They currently have a GBX 945 price target on the stock. Jefferies Financial Group's price target would indicate a potential upside of 13.79% from the stock's previous close.

Howden Joinery Group Stock Down 0.5%

HWDN stock opened at GBX 830.50 on Wednesday. The stock has a market capitalization of £4.48 billion, a P/E ratio of 16.95, a price-to-earnings-growth ratio of 1.96 and a beta of 1.37. The company has a current ratio of 2.10, a quick ratio of 0.94 and a debt-to-equity ratio of 110.24. Howden Joinery Group has a 12 month low of GBX 710 and a 12 month high of GBX 981. The firm has a 50-day moving average price of GBX 844.90 and a 200-day moving average price of GBX 837.30.

Howden Joinery Group (LON:HWDN - Get Free Report) last posted its earnings results on Thursday, February 26th. The company reported GBX 49.20 EPS for the quarter. Howden Joinery Group had a net margin of 11.07% and a return on equity of 23.58%. As a group, equities research analysts anticipate that Howden Joinery Group will post 52.8073286 EPS for the current fiscal year.

Howden Joinery Group Company Profile

Howden Joinery Group Plc is the parent company of Howdens. Howdens sells kitchens and joinery products to trade customers, primarily small local builders, through a network of over 850 UK depots. The business also operates over 70 depots across France, the Republic of Ireland, and Belgium. Howdens only sells to the trade - they have the expertise to ensure that our products are fitted to the highest possible standards. Local Howdens depots build trusted partnerships with trade professionals, helping them to exceed their customers' expectations and allowing their businesses and ours to profit from doing so.

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