Insider Buying: Harworth Group (LON:HWG) Insider Acquires 84 Shares

Key Points

• Insider buying: Harworth Group director Lynda Shillaw purchased 84 shares at GBX 178 each, investing £149.52. She has also made two similar purchases since July.
• Stock performance and financials: Shares opened at GBX 176.80 and have risen 0.9%, while the company recently reported a quarterly loss of GBX 7.80 per share and negative net margins.
• Analyst outlook: Analysts maintain a “Buy” consensus, with an average price target of GBX 196.75; Jefferies and Peel Hunt set targets of GBX 170 and GBX 200, respectively.

Harworth Group plc (LON:HWG - Get Free Report) insider Lynda Shillaw bought 84 shares of the firm's stock in a transaction that occurred on Tuesday, September 15th. The stock was purchased at an average price of GBX 178 per share, for a total transaction of £149.52.

Lynda Shillaw also recently made the following trade(s):

• On Monday, August 17th, Lynda Shillaw purchased 84 shares of Harworth Group stock. The shares were purchased at an average cost of GBX 179 per share, with a total value of £150.36.
• On Wednesday, July 15th, Lynda Shillaw acquired 118 shares of Harworth Group stock. The shares were purchased at an average cost of GBX 127 per share, for a total transaction of £149.86.

Harworth Group Stock Up 0.9%

Shares of HWG opened at GBX 176.80 on Thursday. The company has a debt-to-equity ratio of 29.88, a current ratio of 441.42 and a quick ratio of 1.13. The stock has a market capitalization of £575.00 million, a price-to-earnings ratio of 63.14 and a beta of 0.57. Harworth Group plc has a 1 year low of GBX 116.80 and a 1 year high of GBX 185. The business's 50 day simple moving average is GBX 158.32 and its 200-day simple moving average is GBX 146.17.

Harworth Group (LON:HWG - Get Free Report) last posted its earnings results on Wednesday, September 9th. The company reported GBX (7.80) earnings per share for the quarter. Harworth Group had a negative net margin of 20.56% and a negative return on equity of 3.74%. As a group, equities analysts expect that Harworth Group plc will post 15.3212521 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on HWG. Jefferies Financial Group reissued a "buy" rating and issued a GBX 170 price objective on shares of Harworth Group in a research note on Wednesday, September 9th. Peel Hunt reaffirmed a "buy" rating and issued a GBX 200 price target on shares of Harworth Group in a report on Wednesday, August 5th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of GBX 196.75.

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. Visit www.harworthgroup.com for further information.

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