Henry Boot (LON:BOOT) Releases Quarterly Earnings Results

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

Henry Boot Stock Down 0.7%

Shares of Henry Boot stock traded down GBX 1 during midday trading on Friday, reaching GBX 140. 30,593 shares of the company’s stock traded hands, compared to its average volume of 95,916. The company has a market cap of £188.00 million, a price-to-earnings ratio of 8.19, a price-to-earnings-growth ratio of -11.97 and a beta of 0.22. The company’s 50 day simple moving average is GBX 150.76 and its 200 day simple moving average is GBX 163.83. The company has a debt-to-equity ratio of 37.77, a quick ratio of 0.83 and a current ratio of 6.72. Henry Boot has a 52 week low of GBX 133.50 and a 52 week high of GBX 230.

Wall Street Analyst Weigh In

Several brokerages have weighed in on BOOT. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 226 target price on shares of Henry Boot in a research report on Monday, June 8th. Berenberg Bank reduced their price target on Henry Boot from GBX 219 to GBX 186 and set a “buy” rating for the company in a report on Tuesday. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Henry Boot has an average rating of “Buy” and an average price target of GBX 206.

Insider Transactions at Henry Boot

In other Henry Boot news, insider Earl Sibley acquired 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 23rd. The stock was purchased at an average cost of GBX 154 per share, for a total transaction of £15,400. Corporate insiders own 6.41% of the company’s stock.

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.