Henry Boot (LON:BOOT) Issues Earnings Results

Henry Boot (LON:BOOT) released its quarterly earnings results on Wednesday. The company reported GBX (2.20) earnings per share for the quarter, Digital Look Earnings reports. Henry Boot had a net margin of 5.93% and a return on equity of 2.93%.

Henry Boot Stock Down 0.7%

Shares of LON BOOT traded down GBX 1 during mid-day trading on Friday, hitting GBX 140. 30,593 shares of the stock traded hands, compared to its average volume of 95,916. The stock has a fifty day moving average price of GBX 151.22 and a 200-day moving average price of GBX 164. The company has a debt-to-equity ratio of 37.77, a quick ratio of 0.83 and a current ratio of 6.72. The company has a market cap of £188.00 million, a price-to-earnings ratio of 8.19, a PEG ratio of -11.97 and a beta of 0.22. Henry Boot has a 52 week low of GBX 133.50 and a 52 week high of GBX 230.

Insider Activity at Henry Boot

In other Henry Boot news, insider Earl Sibley bought 10,000 shares of Henry Boot stock in a transaction dated Thursday, July 23rd. The shares were purchased at an average cost of GBX 154 per share, with a total value of £15,400. Company insiders own 6.41% of the company’s stock.

Analysts Set New Price Targets

BOOT has been the subject of several research reports. Berenberg Bank decreased their price objective on shares of Henry Boot from GBX 219 to GBX 186 and set a “buy” rating for the company in a report on Tuesday. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 226 target price on shares of Henry Boot in a research note on Monday, June 8th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of GBX 206.

Henry Boot Company Profile

Henry Boot is one of the UK’s leading land, property development and home building businesses – and we’ve been transforming land and spaces since 1886. Listed on the London Stock Exchange for nearly 100 years, we’re renowned for quality, expertise, delivery and a partnership approach across the group – which comprises Hallam Land, HBD, Stonebridge Homes and Banner Plant.

Operating across the UK, and employing over 400 people, we focus on three key markets: residential, industrial and logistics, and urban development.