Harworth Group (LON:HWG) Insider Buys £48,995.50 in Stock

Harworth Group plc (LON:HWG) insider Alastair Lyons CBE bought 31,610 shares of the stock in a transaction that occurred on Thursday, March 19th. The shares were bought at an average price of GBX 155 per share, for a total transaction of £48,995.50.

Harworth Group Stock Down 1.4%

LON HWG opened at GBX 154.75 on Monday. The stock’s 50-day moving average price is GBX 165.63 and its 200-day moving average price is GBX 165.50. The company has a market capitalization of £501.74 million, a P/E ratio of 9.86 and a beta of 0.74. Harworth Group plc has a 52 week low of GBX 153.50 and a 52 week high of GBX 190.50. The company has a quick ratio of 1.13, a current ratio of 457.81 and a debt-to-equity ratio of 24.93.

Harworth Group (LON:HWG) last issued its quarterly earnings results on Tuesday, March 17th. The company reported GBX 2.90 earnings per share for the quarter. Harworth Group had a net margin of 7.25% and a return on equity of 1.36%. On average, equities research analysts predict that Harworth Group plc will post 15.3212521 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on HWG. Panmure Gordon reaffirmed a “buy” rating and issued a GBX 215 price objective on shares of Harworth Group in a research note on Monday, January 19th. Berenberg Bank upped their target price on shares of Harworth Group from GBX 201 to GBX 202 and gave the stock a “buy” rating in a research report on Monday, January 26th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 209.75.

About Harworth Group

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.