Howden Joinery Group (LON:HWDN) Releases Quarterly Earnings Results

Howden Joinery Group (LON:HWDN) posted its quarterly earnings data on Thursday. The company reported GBX 45.60 ($0.57) EPS for the quarter, Digital Look Earnings reports. Howden Joinery Group had a net margin of 10.82% and a return on equity of 25.70%.

Howden Joinery Group Stock Down 1.2 %

HWDN opened at GBX 778 ($9.81) on Friday. The company has a market capitalization of £4.25 billion, a PE ratio of 16.68, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. The company has a debt-to-equity ratio of 60.20, a current ratio of 1.99 and a quick ratio of 0.94. Howden Joinery Group has a fifty-two week low of GBX 736 ($9.28) and a fifty-two week high of GBX 982.50 ($12.38). The business has a 50-day moving average of GBX 801.34 and a 200-day moving average of GBX 854.73.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on HWDN shares. Berenberg Bank reissued a “buy” rating and set a GBX 975 ($12.29) price target on shares of Howden Joinery Group in a report on Thursday, November 7th. JPMorgan Chase & Co. lifted their price target on shares of Howden Joinery Group from GBX 680 ($8.57) to GBX 849 ($10.70) and gave the stock a “neutral” rating in a research report on Thursday, December 5th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of GBX 951.50 ($11.99).

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.