Leon’s Furniture (TSE:LNF) Insider Purchases C$10,361.40 in Stock

Leon’s Furniture Limited (TSE:LNF) insider Melanie Henderson acquired 420 shares of the stock in a transaction dated Wednesday, May 13th. The stock was bought at an average cost of C$24.67 per share, with a total value of C$10,361.40. Following the completion of the purchase, the insider owned 420 shares of the company’s stock, valued at approximately C$10,361.40. The trade was a ∞ increase in their ownership of the stock.

Leon’s Furniture Stock Performance

Shares of Leon’s Furniture stock opened at C$24.39 on Friday. The company has a market cap of C$1.68 billion, a PE ratio of 10.84 and a beta of 0.93. Leon’s Furniture Limited has a 52 week low of C$23.92 and a 52 week high of C$30.80. The business has a 50 day moving average price of C$25.92 and a 200-day moving average price of C$27.52. The company has a quick ratio of 0.53, a current ratio of 1.53 and a debt-to-equity ratio of 38.77.

Leon’s Furniture (TSE:LNF) last issued its quarterly earnings data on Thursday, May 7th. The company reported C$0.29 EPS for the quarter. The firm had revenue of C$557.15 million during the quarter. Leon’s Furniture had a return on equity of 12.69% and a net margin of 6.06%. Equities analysts anticipate that Leon’s Furniture Limited will post 2.2104466 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, National Bank Financial increased their price objective on Leon’s Furniture from C$35.00 to C$36.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 11th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$33.00.

Leon’s Furniture Company Profile

Leon’s Furniture Ltd is a Canada-based retailer which is involved in the sale of home furnishing, mattresses, appliances, and electronics. The firm is also the country’s commercial retailer of appliances to builders, developers, hotels, and property management companies. It generates maximum revenue from sales of goods by corporate stores.