Harworth Group (LON:HWG) Insider Phil Redding Acquires 40,000 Shares

Harworth Group plc (LON:HWG) insider Phil Redding bought 40,000 shares of the firm’s stock in a transaction on Monday, March 23rd. The stock was acquired at an average price of GBX 158 per share, for a total transaction of £63,200.

Harworth Group Stock Performance

LON:HWG opened at GBX 154.79 on Wednesday. The stock has a market cap of £501.87 million, a P/E ratio of 9.86 and a beta of 0.74. The company has a quick ratio of 1.13, a current ratio of 457.81 and a debt-to-equity ratio of 24.93. The business’s 50-day moving average price is GBX 165.14 and its two-hundred day moving average price is GBX 165.24. Harworth Group plc has a twelve month low of GBX 146.66 and a twelve month high of GBX 190.50.

Harworth Group (LON:HWG) last issued its quarterly earnings data on Tuesday, March 17th. The company reported GBX 2.90 EPS for the quarter. Harworth Group had a return on equity of 1.36% and a net margin of 7.30%. As a group, equities analysts predict that Harworth Group plc will post 15.3212521 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

HWG has been the subject of several research analyst reports. Berenberg Bank lifted their target price on shares of Harworth Group from GBX 201 to GBX 202 and gave the company a “buy” rating in a research report on Monday, January 26th. Panmure Gordon reissued a “buy” rating and issued a GBX 215 price target on shares of Harworth Group in a report on Monday, January 19th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of GBX 209.75.

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.