Henry Boot (LON:BOOT) Trading Down 1.8% – What’s Next?

Henry Boot PLC (LON:BOOT)’s share price traded down 1.8% during mid-day trading on Wednesday . The stock traded as low as GBX 219 and last traded at GBX 222. 110,670 shares changed hands during mid-day trading, an increase of 18% from the average session volume of 93,913 shares. The stock had previously closed at GBX 226.

Analyst Ratings Changes

Separately, Jefferies Financial Group lifted their price target on Henry Boot from GBX 262 to GBX 264 and gave the stock a “buy” rating in a research note on Tuesday, October 28th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Henry Boot currently has a consensus rating of “Buy” and an average price target of GBX 264.

Henry Boot Stock Performance

The stock has a 50 day simple moving average of GBX 221.79 and a two-hundred day simple moving average of GBX 222.72. The company has a quick ratio of 0.84, a current ratio of 2.14 and a debt-to-equity ratio of 29.17. The stock has a market capitalization of £296.96 million, a P/E ratio of 11.75, a P/E/G ratio of -11.97 and a beta of 0.80.

Henry Boot (LON:BOOT) last released its earnings results on Tuesday, September 23rd. The company reported GBX 4.80 earnings per share for the quarter. Henry Boot had a return on equity of 2.79% and a net margin of 3.96%. On average, equities analysts forecast that Henry Boot PLC will post 18.2106097 EPS for the current fiscal year.

Insider Transactions at Henry Boot

In related news, insider Jonathan James Sykes sold 150,000 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of GBX 221, for a total value of £331,500. Company insiders own 6.38% of the company’s stock.

About Henry Boot

Henry Boot is one of the UK’s leading land, property development, home building and construction businesses – and we’ve been transforming land and spaces since 1886. Listed on the London Stock Exchange since 1919, we’re renowned for quality, expertise, delivery and a partnership approach across the group – which comprises, Hallam Land, HBD, Stonebridge, Henry Boot Construction, Banner Plant and Road Link.

Operating across the UK, and employing over 500 people, we focus on three key markets: urban development, industrial and logistics and residential.