Breedon Group (LON:BREE) Hits New 12-Month Low – What’s Next?

Breedon Group plc (LON:BREE)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 271.60 and last traded at GBX 272.16, with a volume of 284066 shares trading hands. The stock had previously closed at GBX 275.60.

Wall Street Analyst Weigh In

A number of research firms recently commented on BREE. Berenberg Bank reissued a “buy” rating and issued a GBX 465 price target on shares of Breedon Group in a report on Monday, March 16th. Stifel Nicolaus lowered their price target on Breedon Group from GBX 430 to GBX 415 and set a “buy” rating on the stock in a report on Tuesday, March 31st. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 449.

Breedon Group Stock Down 1.4%

The company has a current ratio of 1.35, a quick ratio of 1.12 and a debt-to-equity ratio of 53.71. The business has a 50-day moving average price of GBX 301.21 and a 200-day moving average price of GBX 322.79. The firm has a market cap of £942.27 million, a P/E ratio of 11.23, a P/E/G ratio of 1.56 and a beta of 1.08.

Breedon Group (LON:BREE) last issued its quarterly earnings data on Wednesday, March 11th. The company reported GBX 31.80 earnings per share for the quarter. Breedon Group had a return on equity of 7.14% and a net margin of 4.89%. On average, equities analysts forecast that Breedon Group plc will post 36.8586859 EPS for the current fiscal year.

Insider Transactions at Breedon Group

In related news, insider Clive Watson acquired 2,611 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were purchased at an average price of GBX 300 per share, for a total transaction of £7,833. Also, insider Rob Wood sold 28,559 shares of the company’s stock in a transaction dated Monday, April 13th. The shares were sold at an average price of GBX 314, for a total transaction of £89,675.26. Over the last 90 days, insiders have acquired 16,411 shares of company stock worth $4,937,100. Insiders own 23.27% of the company’s stock.

About Breedon Group

Breedon Group plc, a leading vertically-integrated construction materials group in Great Britain, Ireland and the USA, delivers essential products to the construction sector. Breedon holds 1.5bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services, including specialty materials, surfacing and highway maintenance operations, to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants.