Howden Joinery Group (LON:HWDN) Reaches New 1-Year Low at $8.68

Howden Joinery Group Plc (LON:HWDN - Get Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 8.68 ($0.11) and last traded at GBX 864.50 ($10.94), with a volume of 840801 shares traded. The stock had previously closed at GBX 869 ($11.00).

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on HWDN shares. Citigroup lowered shares of Howden Joinery Group to a "neutral" rating and set a GBX 865 ($10.95) price target for the company. in a research note on Friday, March 1st. JPMorgan Chase & Co. increased their price objective on shares of Howden Joinery Group from GBX 670 ($8.48) to GBX 680 ($8.61) and gave the company a "neutral" rating in a report on Tuesday, March 5th. Finally, Berenberg Bank reiterated a "buy" rating and issued a GBX 930 ($11.77) price objective on shares of Howden Joinery Group in a report on Tuesday, March 5th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, Howden Joinery Group currently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 810.83 ($10.26).

Howden Joinery Group Trading Down 0.2 %

The company has a current ratio of 1.92, a quick ratio of 0.94 and a debt-to-equity ratio of 75.88. The firm has a market cap of £4.76 billion, a PE ratio of 1,885.87, a P/E/G ratio of 2.01 and a beta of 1.01. The company's 50-day moving average is GBX 838.19 and its 200 day moving average is GBX 767.44.

Howden Joinery Group Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, May 24th. Investors of record on Thursday, April 11th will be given a GBX 16.20 ($0.21) dividend. This represents a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, April 11th. This is an increase from Howden Joinery Group's previous dividend of $4.80. Howden Joinery Group's dividend payout ratio is 4,565.22%.

Insider Activity at Howden Joinery Group

In related news, insider Andrew Livingston bought 18 shares of the business's stock in a transaction on Tuesday, March 19th. The stock was bought at an average price of £153.09 ($193.76) per share, for a total transaction of £2,755.62 ($3,487.69). In related news, insider Andrew Livingston bought 18 shares of the business's stock in a transaction on Tuesday, March 19th. The stock was bought at an average price of £153.09 ($193.76) per share, for a total transaction of £2,755.62 ($3,487.69). Also, insider Paul Hayes purchased 3,964 shares of the business's stock in a transaction dated Tuesday, March 26th. The shares were acquired at an average price of GBX 869 ($11.00) per share, for a total transaction of £34,447.16 ($43,598.48). In the last 90 days, insiders bought 4,020 shares of company stock worth $3,750,089. 0.55% of the stock is owned by corporate insiders.

Howden Joinery Group Company Profile

Howden Joinery Group Plc supplies various kitchen, joinery, and hardware products in the United Kingdom, France, Belgium, and the Republic of Ireland. The company's product portfolio worktops, sinks and taps, flooring, appliances, and handles; internal and external doors, including fire doors, flooring, stair parts, and general joinery items; and cooking, cleaning, and cooling appliances.