Shares of Harworth Group plc (LON:HWG – Get Free Report) were down 8.2% on Thursday. The company traded as low as GBX 190 and last traded at GBX 190. Approximately 105,556 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 1,703,478 shares. The stock had previously closed at GBX 207.
Analyst Upgrades and Downgrades
Several brokerages have recently commented on HWG. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 180 target price on shares of Harworth Group in a report on Friday, September 25th. Berenberg Bank lowered their price target on shares of Harworth Group from GBX 195 to GBX 187 and set a “hold” rating on the stock in a report on Thursday, October 8th. Finally, Peel Hunt reiterated a “buy” rating and set a GBX 200 price objective on shares of Harworth Group in a research report on Wednesday, August 5th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of GBX 195.50.
Read Our Latest Report on Harworth Group
Harworth Group Trading Up 0.9%
The company has a current ratio of 441.42, a quick ratio of 1.13 and a debt-to-equity ratio of 29.88. The company has a market cap of £610.66 million, a price-to-earnings ratio of -23.80 and a beta of 0.59. The stock has a 50-day simple moving average of GBX 182.74 and a 200 day simple moving average of GBX 155.63.
Harworth Group (LON:HWG – Get Free Report) last posted its quarterly earnings results on Wednesday, September 9th. The company reported GBX (7.80) EPS for the quarter. Harworth Group had a negative net margin of 20.56% and a negative return on equity of 3.74%. As a group, equities research analysts predict that Harworth Group plc will post 15.32 EPS for the current fiscal year.
Harworth Group Company Profile
Harworth Group plc is a leading sustainable regenerator of land and property for development and investment which owns, develops and manages a portfolio of over 14,000 acres of land on around 100 sites located throughout the North of England and Midlands. The Group specialises in the regeneration of large, complex sites, in particular former industrial sites, into new residential and industrial & logistics developments. Visit www.harworthgroup.com for further information.
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