Insider Buying: Howden Joinery Group (LON:HWDN) Insider Buys 18 Shares

Key Points

• Insider Andrew Livingston bought 18 Howden Joinery shares at GBX 830 each, a transaction worth £149.40. This follows purchases of 19 shares in both June and July.
• Howden Joinery shares rose 0.9% to GBX 825.64, with the stock trading between a one-year range of GBX 713 and GBX 981. The company has a £4.52 billion market capitalization and a P/E ratio of 16.92.
• Analyst sentiment remains mixed, with two Buy and three Hold ratings and a consensus price target of GBX 1,009.40. Recent targets range from GBX 847 to GBX 1,210.

Howden Joinery Group Plc (LON:HWDN - Get Free Report) insider Andrew Livingston bought 18 shares of the company's stock in a transaction dated Wednesday, August 12th. The shares were acquired at an average cost of GBX 830 per share, for a total transaction of £149.40.

Andrew Livingston also recently made the following trade(s):

• On Friday, July 10th, Andrew Livingston purchased 19 shares of Howden Joinery Group stock. The stock was acquired at an average cost of GBX 776 per share, with a total value of £147.44.
• On Friday, June 12th, Andrew Livingston purchased 19 shares of Howden Joinery Group stock. The stock was acquired at an average cost of GBX 800 per share, with a total value of £152.

Howden Joinery Group Stock Up 0.9%

LON HWDN traded up GBX 7.14 during mid-day trading on Thursday, reaching GBX 825.64. 792,058 shares of the company's stock traded hands, compared to its average volume of 11,713,902. The company has a current ratio of 1.93, a quick ratio of 0.94 and a debt-to-equity ratio of 62.35. Howden Joinery Group Plc has a 1-year low of GBX 713 and a 1-year high of GBX 981. The company has a fifty day simple moving average of GBX 803.36 and a 200-day simple moving average of GBX 815.26. The company has a market cap of £4.52 billion, a price-to-earnings ratio of 16.92, a P/E/G ratio of 1.96 and a beta of 1.29.

Howden Joinery Group (LON:HWDN - Get Free Report) last announced its earnings results on Thursday, July 23rd. The company reported GBX 17.30 earnings per share (EPS) for the quarter. Howden Joinery Group had a return on equity of 22.80% and a net margin of 10.86%. As a group, equities research analysts expect that Howden Joinery Group Plc will post 52.8073286 EPS for the current year.

Analyst Upgrades and Downgrades

HWDN has been the topic of a number of research analyst reports. Royal Bank Of Canada upgraded shares of Howden Joinery Group to a "sector perform" rating and increased their price objective for the company from GBX 900 to GBX 960 in a research note on Wednesday, July 22nd. Berenberg Bank restated a "buy" rating and issued a GBX 1,075 target price on shares of Howden Joinery Group in a research note on Thursday, July 23rd. Jefferies Financial Group reaffirmed a "hold" rating and set a GBX 847 price target on shares of Howden Joinery Group in a research report on Wednesday. JPMorgan Chase & Co. lifted their price target on Howden Joinery Group from GBX 900 to GBX 955 and gave the stock a "neutral" rating in a research note on Tuesday, June 30th. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 1,210 price objective on shares of Howden Joinery Group in a report on Wednesday, June 24th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Howden Joinery Group presently has an average rating of "Hold" and a consensus target price of GBX 1,009.40.

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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