Howden Joinery Group Plc (LON:HWDN) Insider Roisin Currie Buys 1,387 Shares

Howden Joinery Group Plc (LON:HWDN) insider Roisin Currie acquired 1,387 shares of the business’s stock in a transaction on Thursday, April 3rd. The shares were bought at an average price of GBX 717 ($9.31) per share, with a total value of £9,944.79 ($12,913.63).

Howden Joinery Group Stock Performance

Howden Joinery Group stock traded down GBX 13 ($0.17) during midday trading on Thursday, hitting GBX 706 ($9.17). The company’s stock had a trading volume of 1,200,910 shares, compared to its average volume of 6,203,581. The company has a debt-to-equity ratio of 60.20, a current ratio of 1.99 and a quick ratio of 0.94. The company has a market cap of £3.85 billion, a price-to-earnings ratio of 15.13, a PEG ratio of 1.96 and a beta of 1.07. Howden Joinery Group Plc has a 1-year low of GBX 705.26 ($9.16) and a 1-year high of GBX 982.50 ($12.76). The company has a 50-day moving average price of GBX 783.55 and a two-hundred day moving average price of GBX 822.63.

Howden Joinery Group (LON:HWDN) last released its quarterly earnings results on Thursday, February 27th. The company reported GBX 45.60 ($0.59) earnings per share for the quarter. Howden Joinery Group had a net margin of 10.82% and a return on equity of 25.70%. As a group, sell-side analysts predict that Howden Joinery Group Plc will post 52.8073286 earnings per share for the current year.

Howden Joinery Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, May 23rd. Stockholders of record on Thursday, April 10th will be given a dividend of GBX 16.30 ($0.21) per share. This represents a dividend yield of 2.2%. This is an increase from Howden Joinery Group’s previous dividend of $4.90. The ex-dividend date of this dividend is Thursday, April 10th. Howden Joinery Group’s dividend payout ratio is presently 45.01%.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. increased their target price on Howden Joinery Group from GBX 680 ($8.83) to GBX 849 ($11.02) and gave the stock a “neutral” rating in a research note on Thursday, December 5th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 968.80 ($12.58).

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.