Henry Boot (LON:BOOT) Releases Earnings Results

Henry Boot (LON:BOOT) announced its earnings results 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 5.16% and a net margin of 8.55%.

Henry Boot Stock Performance

Shares of BOOT stock traded down GBX 2.50 during trading on Wednesday, reaching GBX 140. 158,323 shares of the company’s stock traded hands, compared to its average volume of 95,969. The firm’s 50-day moving average is GBX 152.18 and its 200 day moving average is GBX 164.60. The company has a market capitalization of £188.00 million, a P/E ratio of 8.19, a PEG 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 current ratio of 4.85, a quick ratio of 0.83 and a debt-to-equity ratio of 27.55.

Analysts Set New Price Targets

BOOT has been the subject of several research analyst reports. Berenberg Bank lowered their price target 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 issued a GBX 226 target price on shares of Henry Boot in a research report on Monday, June 8th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of GBX 206.

Insider Transactions at Henry Boot

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

Henry Boot News Roundup

Here are the key news stories impacting Henry Boot this week:

• Positive Sentiment: Berenberg retained a Buy rating on Henry Boot, indicating that it still sees longer-term upside despite lowering its price target from GBX 219 to GBX 186. Berenberg cuts Henry Boot’s price target but keeps Buy rating
• Positive Sentiment: Incoming CEO Edward Hutchinson is preparing a “refreshed strategy,” which could improve capital allocation and operational performance once market conditions recover. Henry Boot new CEO prepares refreshed strategy
• Neutral Sentiment: Henry Boot reported quarterly EPS of negative GBX 2.20, with an 8.55% net margin and 5.16% return on equity. The results reinforce near-term earnings pressure but provide limited visibility into the company’s recovery prospects. Henry Boot earnings report and conference call
• Negative Sentiment: The company posted a £6.3 million first-half pre-tax loss, while revenue fell to £80.7 million. The loss reflects weaker land demand and challenging property-market conditions. Henry Boot reports first-half loss and lower revenue
• Negative Sentiment: Henry Boot cut its dividend after the interim loss, reducing income appeal for shareholders and signaling caution about near-term cash generation. Henry Boot dividend cut
• Negative Sentiment: Berenberg’s price-target reduction to GBX 186 highlights lower near-term expectations, even though the broker remains bullish on the shares. Berenberg lowers Henry Boot price target

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.