Howden Joinery Group (LON:HWDN) Sets New 52-Week Low – What’s Next?

Howden Joinery Group Plc (LON:HWDN)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 647.10 ($8.34) and last traded at GBX 661.50 ($8.53), with a volume of 6374209 shares changing hands. The stock had previously closed at GBX 682.83 ($8.80).

Howden Joinery Group Stock Down 3.8 %

The company has a market cap of £3.59 billion, a price-to-earnings ratio of 14.08, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. The company has a current ratio of 1.99, a quick ratio of 0.94 and a debt-to-equity ratio of 60.20. The firm’s fifty day moving average price is GBX 780.09 and its 200-day moving average price is GBX 817.91.

Howden Joinery Group (LON:HWDN) last released its earnings results on Thursday, February 27th. The company reported GBX 45.60 ($0.59) EPS for the quarter. Howden Joinery Group had a return on equity of 25.70% and a net margin of 10.82%. Sell-side analysts predict that Howden Joinery Group Plc will post 52.8073286 earnings per share for the current year.

Howden Joinery Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, May 23rd. Investors of record on Thursday, April 10th will be given a GBX 16.30 ($0.21) dividend. The ex-dividend date is Thursday, April 10th. This represents a yield of 2.2%. This is an increase from Howden Joinery Group’s previous dividend of $4.90. Howden Joinery Group’s dividend payout ratio (DPR) is 45.01%.

Insiders Place Their Bets

In related news, insider Andrew Livingston purchased 17,707 shares of the firm’s stock in a transaction on Wednesday, March 26th. The stock was purchased at an average cost of GBX 750 ($9.67) per share, for a total transaction of £132,802.50 ($171,181.36). Also, insider Roisin Currie acquired 1,387 shares of the company’s stock in a transaction dated Thursday, April 3rd. The shares were bought at an average price of GBX 717 ($9.24) per share, for a total transaction of £9,944.79 ($12,818.75). Insiders have acquired 26,653 shares of company stock valued at $20,110,770 in the last three months. 0.47% of the stock is currently owned by corporate insiders.

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.