Insider Buying: Howden Joinery Group (LON:HWDN) Insider Buys 19 Shares of Company Stock

Key Points

• Insider buying: Andrew Livingston bought 19 Howden Joinery shares at GBX 762 each, worth £144.78. He has also purchased shares in two earlier transactions.
• 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 view: Howden Joinery has a consensus “Hold” rating and an average price target of GBX 1,009.40, with ratings split between two Buys and three Holds.

Howden Joinery Group Plc (LON:HWDN - Get Free Report) insider Andrew Livingston bought 19 shares of the business's stock in a transaction that occurred on Monday, October 12th. The shares were acquired at an average price of GBX 762 per share, with a total value of £144.78.

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

• On Friday, September 11th, Andrew Livingston bought 21 shares of Howden Joinery Group stock. The shares were acquired at an average cost of GBX 741 per share, with a total value of £155.61.
• On Wednesday, August 12th, Andrew Livingston purchased 18 shares of Howden Joinery Group stock. The shares were acquired at an average price of GBX 830 per share, for a total transaction of £149.40.

Howden Joinery Group Stock Performance

Shares of Howden Joinery Group stock remained flat at GBX 767.50 on Tuesday. 584,257 shares of the stock traded hands, compared to its average volume of 10,187,002. The firm has a 50-day moving average of GBX 781.85 and a 200-day moving average of GBX 789.55. The company has a market capitalization of £4.17 billion, a PE ratio of 15.73, a PEG ratio of 1.96 and a beta of 1.29. Howden Joinery Group Plc has a 1-year low of GBX 713 and a 1-year high of GBX 981. The company has a debt-to-equity ratio of 62.35, a current ratio of 1.93 and a quick ratio of 0.94.

Howden Joinery Group (LON:HWDN - Get Free Report) last issued 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, analysts expect that Howden Joinery Group Plc will post 52.81 EPS for the current fiscal year.

Analyst Ratings Changes

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