Leon’s Furniture (TSE:LNF) Insider Darci Marie Walker Buys 1,500 Shares

Leon’s Furniture Limited (TSE:LNF) insider Darci Marie Walker purchased 1,500 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was bought at an average cost of C$24.00 per share, with a total value of C$36,000.00. Following the acquisition, the insider owned 2,500 shares of the company’s stock, valued at approximately C$60,000. The trade was a 150.00% increase in their position.

Leon’s Furniture Price Performance

Shares of TSE:LNF traded down C$0.10 during midday trading on Tuesday, hitting C$24.29. The company had a trading volume of 21,484 shares, compared to its average volume of 21,295. Leon’s Furniture Limited has a twelve month low of C$23.92 and a twelve month high of C$30.80. The company has a debt-to-equity ratio of 38.77, a current ratio of 1.53 and a quick ratio of 0.53. The stock has a market cap of C$1.67 billion, a price-to-earnings ratio of 10.80 and a beta of 0.93. The business’s 50-day simple moving average is C$25.86 and its 200-day simple moving average is C$27.48.

Leon’s Furniture (TSE:LNF) last posted its quarterly earnings results on Thursday, May 7th. The company reported C$0.29 EPS for the quarter. Leon’s Furniture had a return on equity of 12.69% and a net margin of 6.06%.The firm had revenue of C$557.15 million during the quarter. On average, research analysts predict that Leon’s Furniture Limited will post 2.2104466 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, National Bank Financial increased their price objective on Leon’s Furniture from C$35.00 to C$36.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 11th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of C$33.00.

Leon’s Furniture Company Profile

Leon’s Furniture Ltd is a Canada-based retailer which is involved in the sale of home furnishing, mattresses, appliances, and electronics. The firm is also the country’s commercial retailer of appliances to builders, developers, hotels, and property management companies. It generates maximum revenue from sales of goods by corporate stores.