Henry Boot (LON:BOOT) Posts Earnings Results

Henry Boot (LON:BOOT) issued 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 Price Performance

BOOT stock traded down GBX 4.50 during midday trading on Friday, reaching GBX 136.50. The company had a trading volume of 180,082 shares, compared to its average volume of 96,720. The firm has a 50-day moving average price of GBX 151.22 and a 200-day moving average price of GBX 164. The company has a market capitalization of £183.30 million, a P/E ratio of 7.98, a P/E/G ratio of -11.97 and a beta of 0.22. Henry Boot has a 1 year low of GBX 133.50 and a 1 year high of GBX 230. The company has a debt-to-equity ratio of 37.77, a current ratio of 6.72 and a quick ratio of 0.83.

Insider Activity

In related news, insider Earl Sibley bought 10,000 shares of the business’s stock in a transaction that occurred on Thursday, July 23rd. The stock was bought 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.

Analyst Upgrades and Downgrades

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

About Henry Boot

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.