Howden Joinery Group (LON:HWDN) Hits New 52-Week Low – Here’s What Happened

Howden Joinery Group Plc (LON:HWDNGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 739.64 and last traded at GBX 739.64, with a volume of 667134 shares trading hands. The stock had previously closed at GBX 761.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 945 target price on shares of Howden Joinery Group in a research note on Wednesday, April 15th. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Howden Joinery Group presently has an average rating of “Hold” and an average price target of GBX 924.

Read Our Latest Analysis on Howden Joinery Group

Howden Joinery Group Trading Down 2.5%

The business has a 50 day moving average of GBX 824.75 and a 200-day moving average of GBX 835.81. The company has a current ratio of 2.10, a quick ratio of 0.94 and a debt-to-equity ratio of 110.24. The firm has a market capitalization of £4.01 billion, a P/E ratio of 15.14, a PEG ratio of 1.96 and a beta of 1.30.

Howden Joinery Group (LON:HWDNGet Free Report) last posted its earnings results on Thursday, February 26th. The company reported GBX 49.20 earnings per share (EPS) for the quarter. Howden Joinery Group had a return on equity of 23.58% and a net margin of 11.07%. Analysts anticipate that Howden Joinery Group Plc will post 52.8073286 EPS for the current fiscal year.

About Howden Joinery Group

(Get Free Report)

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. Local Howdens depots build trusted partnerships with trade professionals, helping them to exceed their customers’ expectations and allowing their businesses and ours to profit from doing so.

Further Reading

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