Henry Boot (LON:BOOT) Reaches New 1-Year Low – Here’s What Happened

by · The Cerbat Gem

Henry Boot PLC (LON:BOOT – Get Free Report) reached a new 52-week low on Wednesday . The company traded as low as GBX 161 and last traded at GBX 161, with a volume of 10247 shares. The stock had previously closed at GBX 164.50.

Analyst Ratings Changes

BOOT has been the subject of a number of analyst reports. Jefferies Financial Group restated a “buy” rating and issued a GBX 226 price target on shares of Henry Boot in a report on Friday, May 8th. Berenberg Bank decreased their price target on Henry Boot from GBX 326 to GBX 230 and set a “buy” rating for the company in a report on Thursday, April 2nd. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Henry Boot presently has a consensus rating of “Buy” and a consensus target price of GBX 228.

View Our Latest Report on BOOT

Henry Boot Stock Performance

The company has a current ratio of 4.85, a quick ratio of 0.84 and a debt-to-equity ratio of 27.55. The firm has a market capitalization of £209.38 million, a price-to-earnings ratio of 9.12, a price-to-earnings-growth ratio of -11.97 and a beta of 0.24. The company has a 50-day moving average of GBX 178.37 and a 200-day moving average of GBX 201.97.

Henry Boot (LON:BOOT – Get Free Report) last posted its quarterly earnings results on Tuesday, March 24th. The company reported GBX 15.90 earnings per share (EPS) for the quarter. Henry Boot had a return on equity of 5.16% and a net margin of 8.55%. On average, equities research analysts forecast that Henry Boot PLC will post 18.2106097 earnings per share for the current fiscal year.

Insider Activity at Henry Boot

In other news, insider Timothy Andrew Roberts purchased 16,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 28th. The shares were acquired at an average cost of GBX 173 per share, with a total value of £27,680. Also, insider Darren Littlewood purchased 10,032 shares of the company’s stock in a transaction that occurred on Tuesday, April 28th. The shares were purchased at an average cost of GBX 174 per share, for a total transaction of £17,455.68. Corporate insiders own 6.36% of the company’s stock.

About Henry Boot

(Get Free Report)

Henry Boot is one of the UK’s leading land, property development, home building and construction businesses – and we’ve been transforming land and spaces since 1886. Listed on the London Stock Exchange since 1919, we’re renowned for quality, expertise, delivery and a partnership approach across the group – which comprises, Hallam Land, HBD, Stonebridge, Henry Boot Construction, Banner Plant and Road Link.

Operating across the UK, and employing over 500 people, we focus on three key markets: urban development, industrial and logistics and residential.

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