Howden Joinery Group (LON:HWDN) Sets New 12-Month Low – Time to Sell?

Howden Joinery Group Plc (LON:HWDN)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 743 ($9.09) and last traded at GBX 743 ($9.09), with a volume of 1027385 shares. The stock had previously closed at GBX 755.50 ($9.24).

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. JPMorgan Chase & Co. increased their price target on Howden Joinery Group from GBX 680 ($8.32) to GBX 849 ($10.39) and gave the stock a “neutral” rating in a report on Thursday, December 5th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 975 ($11.93) target price on shares of Howden Joinery Group in a report on Thursday, November 7th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of GBX 951.50 ($11.64).

Howden Joinery Group Stock Performance

The company has a current ratio of 1.99, a quick ratio of 0.94 and a debt-to-equity ratio of 75.88. The stock’s 50 day moving average price is GBX 808.70 and its two-hundred day moving average price is GBX 875.91. The firm has a market capitalization of £4.11 billion, a price-to-earnings ratio of 1,625.00, a PEG ratio of 1.96 and a beta of 1.07.

Insider Buying and Selling at Howden Joinery Group

In other news, insider Suzy Neubert purchased 7,305 shares of the business’s stock in a transaction dated Tuesday, November 12th. The stock was acquired at an average price of GBX 821 ($10.05) per share, with a total value of £59,974.05 ($73,389.68). Over the last three months, insiders purchased 7,328 shares of company stock valued at $6,016,329. Corporate insiders own 0.47% of the company’s stock.

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.