Howden Joinery Group (LON:HWDN) Stock: Insider Jackie Callaway Buys 19 Shares

Key Points

• Insider purchase: Howden Joinery director Jackie Callaway bought 19 shares at GBX 762 each, investing a total of £144.78.
• Stock performance: Shares were flat at GBX 767.50, with the company valued at approximately £4.17 billion. The stock has traded between GBX 713 and GBX 981 over the past year.
• Analyst outlook: Analysts maintain a consensus “Hold” rating, with an average price target of GBX 1,009.40; two analysts rate the shares Buy and three rate them Hold.

Howden Joinery Group Plc (LON:HWDN - Get Free Report) insider Jackie Callaway bought 19 shares of the firm's stock in a transaction on Monday, October 12th. The stock was acquired at an average cost of GBX 762 per share, with a total value of £144.78.

Howden Joinery Group Price Performance

Shares of HWDN remained flat at GBX 767.50 during mid-day trading on Tuesday. 584,257 shares of the stock traded hands, compared to its average volume of 10,187,002. The firm's fifty day simple moving average is GBX 781.85 and its two-hundred day simple moving average is GBX 789.55. Howden Joinery Group Plc has a 52 week low of GBX 713 and a 52 week high of GBX 981. The firm has a market capitalization of £4.17 billion, a PE ratio of 15.73, a price-to-earnings-growth ratio of 1.96 and a beta of 1.29. 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 (LON:HWDN - Get Free Report) last released its quarterly earnings data on Thursday, July 23rd. The company reported GBX 17.30 earnings per share (EPS) for the quarter. Howden Joinery Group had a net margin of 10.86% and a return on equity of 22.80%. On average, equities analysts predict that Howden Joinery Group Plc will post 52.81 earnings per share for the current year.

Wall Street Analyst Weigh In

HWDN has been the subject of a number of analyst reports. JPMorgan Chase & Co. boosted their price target on Howden Joinery Group from GBX 900 to GBX 955 and gave the stock a "neutral" rating in a research report on Tuesday, June 30th. Berenberg Bank reissued a "buy" rating and set a GBX 1,075 price objective on shares of Howden Joinery Group in a report on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 1,210 price objective on shares of Howden Joinery Group in a research note on Wednesday, June 24th. Royal Bank Of Canada upgraded Howden Joinery Group to a "sector perform" rating and boosted their target price for the stock from GBX 900 to GBX 960 in a report on Wednesday, July 22nd. Finally, Jefferies Financial Group restated a "hold" rating and issued a GBX 847 target price on shares of Howden Joinery Group in a report on Wednesday, August 12th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, Howden Joinery Group has a consensus rating of "Hold" and an average target price of GBX 1,009.40.

About Howden Joinery Group

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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