Insider Buying: Howden Joinery Group Plc (LON:HWDN) Insider Acquires 20 Shares of Stock

Howden Joinery Group Plc (LON:HWDN) insider Paul Hayes bought 20 shares of the firm’s stock in a transaction dated Monday, January 20th. The shares were acquired at an average price of GBX 774 ($9.56) per share, for a total transaction of £154.80 ($191.21).

Paul Hayes also recently made the following trade(s):

• On Friday, November 22nd, Paul Hayes acquired 5 shares of Howden Joinery Group stock. The shares were bought at an average price of GBX 822 ($10.15) per share, with a total value of GBX 4,110 ($50.77).
• On Tuesday, November 19th, Paul Hayes purchased 18 shares of Howden Joinery Group stock. The stock was bought at an average cost of GBX 823 ($10.17) per share, for a total transaction of £148.14 ($182.98).

Howden Joinery Group Stock Performance

LON HWDN opened at GBX 785 ($9.70) on Friday. The company has a debt-to-equity ratio of 75.88, a quick ratio of 0.94 and a current ratio of 1.99. The stock’s fifty day moving average is GBX 800.96 and its two-hundred day moving average is GBX 870.47. The firm has a market capitalization of £4.32 billion, a P/E ratio of 1,706.52, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. Howden Joinery Group Plc has a fifty-two week low of GBX 736 ($9.09) and a fifty-two week high of GBX 982.50 ($12.14).

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Berenberg Bank reissued a “buy” rating and set a GBX 975 ($12.04) target price on shares of Howden Joinery Group in a report on Thursday, November 7th. JPMorgan Chase & Co. increased their price objective on Howden Joinery Group from GBX 680 ($8.40) to GBX 849 ($10.49) and gave the company a “neutral” rating in a research note on Thursday, December 5th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Howden Joinery Group has an average rating of “Moderate Buy” and a consensus price target of GBX 951.50 ($11.75).

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.