Insider Buying: Howden Joinery Group (LON:HWDN) Insider Purchases £155.61 in Stock

Key Points

• Insider purchase: Howden Joinery director Andrew Livingston bought 21 shares at GBX 741 each, worth £155.61. He has also made two similar small purchases since July.
• Share performance: HWDN shares fell to GBX 736.50, near the lower end of their 52-week range of GBX 713–981, and remained below both their 50-day and 200-day moving averages.
• Analyst view: The stock carries a consensus “Hold” rating from five analysts, with a consensus price target of GBX 1,009.40; two analysts rate it Buy and three rate it Hold.

Howden Joinery Group Plc (LON:HWDN - Get Free Report) insider Andrew Livingston purchased 21 shares of the company's stock in a transaction that occurred on Friday, September 11th. The shares were acquired at an average cost of GBX 741 per share, with a total value of £155.61.

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

• On Wednesday, August 12th, Andrew Livingston bought 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.
• On Friday, July 10th, Andrew Livingston purchased 19 shares of Howden Joinery Group stock. The shares were bought at an average price of GBX 776 per share, for a total transaction of £147.44.

Howden Joinery Group Price Performance

Shares of LON HWDN traded down GBX 5.87 during trading on Monday, reaching GBX 736.50. The company had a trading volume of 1,159,698 shares, compared to its average volume of 11,238,589. Howden Joinery Group Plc has a 52 week low of GBX 713 and a 52 week high of GBX 981. The business's 50 day moving average price is GBX 793.40 and its 200-day moving average price is GBX 804.27. The stock has a market cap of £4.02 billion, a PE ratio of 15.09, a PEG ratio of 1.96 and a beta of 1.29. The company has a debt-to-equity ratio of 62.35, a quick ratio of 0.94 and a current ratio of 1.93.

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

Analyst Ratings Changes

A number of research firms have issued reports on HWDN. JPMorgan Chase & Co. lifted their target price on Howden Joinery Group from GBX 900 to GBX 955 and gave the company a "neutral" rating in a research report on Tuesday, June 30th. Berenberg Bank reiterated a "buy" rating and issued a GBX 1,075 price objective on shares of Howden Joinery Group in a report on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 1,210 price target on shares of Howden Joinery Group in a research report on Wednesday, June 24th. Royal Bank Of Canada upgraded Howden Joinery Group to a "sector perform" rating and increased their price objective for the company 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 price target on shares of Howden Joinery Group in a research report on Wednesday, August 12th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target 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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