Howden Joinery Group (LON:HWDN) Hits New 52-Week Low – Here’s Why

Shares of Howden Joinery Group Plc (LON:HWDN) reached a new 52-week low during trading on Monday . The stock traded as low as GBX 713.48 and last traded at GBX 718.50, with a volume of 23334277 shares trading hands. The stock had previously closed at GBX 723.50.

Analyst Ratings Changes

Separately, Jefferies Financial Group restated a “hold” rating and issued a GBX 945 price target on shares of Howden Joinery Group in a research report on Wednesday, April 15th. One investment analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Howden Joinery Group currently has an average rating of “Hold” and a consensus target price of GBX 924.

Howden Joinery Group Trading Down 1.1%

The company has a current ratio of 2.10, a quick ratio of 0.94 and a debt-to-equity ratio of 110.24. The firm has a market cap of £3.94 billion, a PE ratio of 14.88, a P/E/G ratio of 1.96 and a beta of 1.30. The company’s 50-day moving average is GBX 802.81 and its 200 day moving average is GBX 829.84.

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

About Howden Joinery Group

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.