Henry Boot (LON:BOOT) Stock Price Up 0.5% – Still a Buy?

Henry Boot PLC (LON:BOOT)’s share price traded up 0.5% during mid-day trading on Wednesday . The company traded as high as GBX 225 and last traded at GBX 221. 6,023 shares were traded during mid-day trading, a decline of 93% from the average session volume of 90,718 shares. The stock had previously closed at GBX 220.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group upped their price objective on shares of Henry Boot from GBX 262 to GBX 264 and gave the company a “buy” rating in a research note on Tuesday, October 28th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, Henry Boot has a consensus rating of “Buy” and an average price target of GBX 264.

Henry Boot Trading Up 0.5%

The company has a debt-to-equity ratio of 29.17, a quick ratio of 0.84 and a current ratio of 2.14. The firm has a market capitalization of £295.64 million, a PE ratio of 11.69, a P/E/G ratio of -11.97 and a beta of 0.80. The stock’s 50-day simple moving average is GBX 222.94 and its 200-day simple moving average is GBX 223.18.

Henry Boot (LON:BOOT) last announced its earnings results on Tuesday, September 23rd. The company reported GBX 4.80 earnings per share for the quarter. Henry Boot had a net margin of 3.96% and a return on equity of 2.79%. As a group, sell-side analysts expect that Henry Boot PLC will post 18.2106097 EPS for the current fiscal year.

Insider Buying and Selling

In other Henry Boot news, insider Jonathan James Sykes sold 150,000 shares of Henry Boot stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of GBX 221, for a total transaction of £331,500. 6.38% of the stock is owned by company insiders.

Henry Boot Company Profile

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.