Howden Joinery Group Plc (LON:HWDN) Insider Purchases £9,944.79 in Stock

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

Howden Joinery Group Trading Down 1.8 %

Shares of Howden Joinery Group stock traded down GBX 13 ($0.17) on Thursday, hitting GBX 706 ($9.17). The stock had a trading volume of 1,200,910 shares, compared to its average volume of 6,203,581. The stock has a 50 day moving average of GBX 783.55 and a 200 day moving average of GBX 822.63. The firm has a market capitalization of £3.85 billion, a P/E ratio of 15.13, a PEG ratio of 1.96 and a beta of 1.07. Howden Joinery Group Plc has a twelve month low of GBX 705.26 ($9.16) and a twelve month high of GBX 982.50 ($12.76). The company has a debt-to-equity ratio of 60.20, a quick ratio of 0.94 and a current ratio of 1.99.

Howden Joinery Group (LON:HWDN) last posted its quarterly earnings data 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%. Sell-side analysts expect that Howden Joinery Group Plc will post 52.8073286 earnings per share for the current fiscal year.

Howden Joinery Group Increases Dividend

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

Analyst Upgrades and Downgrades

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

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.