Howden Joinery Group (LON:HWDN) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Howden Joinery Group Plc (LON:HWDN)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 843.18 and traded as high as GBX 900.50. Howden Joinery Group shares last traded at GBX 892.27, with a volume of 1,898,212 shares.

Wall Street Analysts Forecast Growth

HWDN has been the subject of several recent research reports. JPMorgan Chase & Co. increased their price target on Howden Joinery Group from GBX 884 to GBX 900 and gave the company a “neutral” rating in a report on Wednesday, December 3rd. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 975 target price on shares of Howden Joinery Group in a research note on Thursday, November 6th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of GBX 918.75.

Howden Joinery Group Trading Up 0.1%

The stock has a market cap of £4.71 billion, a PE ratio of 18.89, a price-to-earnings-growth ratio of 1.96 and a beta of 1.30. The company’s 50-day moving average price is GBX 860.60 and its 200 day moving average price is GBX 843.18. The company has a debt-to-equity ratio of 110.24, a quick ratio of 0.94 and a current ratio of 2.10.

Howden Joinery Group (LON:HWDN) last issued its quarterly earnings data on Thursday, February 26th. The company reported GBX 49.20 earnings per share for the quarter. Howden Joinery Group had a return on equity of 23.58% and a net margin of 11.07%. On average, sell-side analysts forecast that Howden Joinery Group Plc will post 52.8073286 EPS for the current fiscal year.

Howden Joinery Group Company Profile

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. Local Howdens depots build trusted partnerships with trade professionals, helping them to exceed their customers’ expectations and allowing their businesses and ours to profit from doing so.