Galliford Try (LON:GFRD) Stock: Insider Kris Hampson Sells 5,117 Shares

Galliford Try Holdings plc (LON:GFRD) insider Kris Hampson sold 5,117 shares of the firm’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of GBX 534, for a total transaction of £27,324.78.

Galliford Try Trading Down 0.6%

Galliford Try stock traded down GBX 4 during midday trading on Thursday, hitting GBX 702. 702,475 shares of the stock were exchanged, compared to its average volume of 717,469. Galliford Try Holdings plc has a 52 week low of GBX 466 and a 52 week high of GBX 726.81. The stock has a market capitalization of £693.70 million, a PE ratio of 20.00, a P/E/G ratio of 0.90 and a beta of 0.47. The company has a quick ratio of 0.89, a current ratio of 0.94 and a debt-to-equity ratio of 35.36. The company has a fifty day simple moving average of GBX 623.84 and a two-hundred day simple moving average of GBX 560.42.

Galliford Try (LON:GFRD) last announced its quarterly earnings results on Thursday, September 17th. The company reported GBX 41.70 earnings per share (EPS) for the quarter. Galliford Try had a return on equity of 32.45% and a net margin of 2.13%. Equities research analysts anticipate that Galliford Try Holdings plc will post 25.1560178 EPS for the current fiscal year.

Galliford Try declared that its Board of Directors has authorized a stock buyback plan on Thursday, September 17th that authorizes the company to repurchase 0 shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised their target price on shares of Galliford Try from GBX 680 to GBX 750 and gave the company a “buy” rating in a research note on Thursday, September 17th. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of GBX 650.

Galliford Try Company Profile

Galliford Try is one of the UK’s leading construction groups, working to improve the UK’s built environment, delivering positive, lasting change for the communities we work in on behalf of our clients.

Our business operates mainly under the Galliford Try and Morrison Construction brands, focusing on areas where we have core and proven strengths, namely in Building, Highways and Environment. We see long-term growth and appropriate margins in these markets.

Our company is founded on our values of excellence, passion, integrity and collaboration, and our vision is to be a people-orientated, progressive business, driven by our values to deliver lasting change for our stakeholders and the communities we work in.