Henry Boot (LON:BOOT) Hits New 12-Month Low – Should You Sell?

Henry Boot PLC (LON:BOOT) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 169 and last traded at GBX 172, with a volume of 40643 shares. The stock had previously closed at GBX 174.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and set a GBX 326 target price on shares of Henry Boot in a report on Tuesday. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and an average price target of GBX 295.

Henry Boot Stock Performance

The stock has a fifty day simple moving average of GBX 193.90 and a 200-day simple moving average of GBX 211.61. The stock has a market cap of £230.79 million, a P/E ratio of 9.10, a PEG ratio of -11.97 and a beta of 0.32. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.84 and a current ratio of 4.85.

Henry Boot (LON:BOOT) last issued its quarterly earnings results on Tuesday, March 24th. The company reported GBX 15.90 EPS for the quarter. Henry Boot had a return on equity of 5.16% and a net margin of 8.55%. On average, equities analysts expect that Henry Boot PLC will post 18.2106097 earnings per share for the current year.

About Henry Boot

Henry Boot is one of the UK’s leading land, property development, home building and construction businesses – and we’ve been transforming land and spaces since 1886. Listed on the London Stock Exchange since 1919, we’re renowned for quality, expertise, delivery and a partnership approach across the group – which comprises, Hallam Land, HBD, Stonebridge, Henry Boot Construction, Banner Plant and Road Link.

Operating across the UK, and employing over 500 people, we focus on three key markets: urban development, industrial and logistics and residential.