Insider Buying: Leon’s Furniture (TSE:LNF) Director Acquires 600 Shares of Stock

Leon’s Furniture Limited (TSE:LNFGet Free Report) Director Edward Leon bought 600 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were bought at an average price of C$23.99 per share, for a total transaction of C$14,394.00. Following the completion of the acquisition, the director directly owned 48,983 shares in the company, valued at approximately C$1,175,102.17. This trade represents a 1.24% increase in their position.

Leon’s Furniture Stock Up 0.7%

LNF traded up C$0.17 during trading on Thursday, reaching C$24.16. The company had a trading volume of 11,508 shares, compared to its average volume of 21,213. The company has a market cap of C$1.66 billion, a P/E ratio of 10.74 and a beta of 0.93. Leon’s Furniture Limited has a 12 month low of C$23.92 and a 12 month high of C$30.80. The company has a debt-to-equity ratio of 38.77, a current ratio of 1.53 and a quick ratio of 0.53. The business’s fifty day moving average price is C$26.05 and its 200 day moving average price is C$27.57.

Leon’s Furniture (TSE:LNFGet Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported C$0.29 EPS for the quarter. The business had revenue of C$557.15 million for the quarter. Leon’s Furniture had a net margin of 6.06% and a return on equity of 12.69%. Equities analysts anticipate that Leon’s Furniture Limited will post 2.2104466 EPS for the current year.

Analyst Ratings Changes

Separately, National Bank Financial increased their price objective on Leon’s Furniture from C$35.00 to C$36.00 and gave the stock an “outperform” rating in a report on Wednesday, February 11th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$33.00.

Check Out Our Latest Analysis on LNF

Leon’s Furniture Company Profile

(Get Free Report)

Leon’s Furniture Ltd is a Canada-based retailer which is involved in the sale of home furnishing, mattresses, appliances, and electronics. The firm is also the country’s commercial retailer of appliances to builders, developers, hotels, and property management companies. It generates maximum revenue from sales of goods by corporate stores.

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