Howden Joinery Group (LON:HWDN) Hits New 52-Week High at $964.00

Howden Joinery Group Plc (LON:HWDN)’s share price hit a new 52-week high on Tuesday . The stock traded as high as GBX 964 ($12.73) and last traded at GBX 961.50 ($12.70), with a volume of 937314 shares. The stock had previously closed at GBX 953 ($12.59).

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group increased their price target on Howden Joinery Group from GBX 1,042 ($13.76) to GBX 1,090 ($14.40) and gave the company a “buy” rating in a report on Tuesday, August 20th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 904.29 ($11.95).

Howden Joinery Group Price Performance

The firm has a market cap of £5.34 billion, a price-to-earnings ratio of 2,093.48, a P/E/G ratio of 2.06 and a beta of 1.07. The stock’s fifty day moving average price is GBX 921.41 and its 200-day moving average price is GBX 897.74. The company has a current ratio of 1.99, a quick ratio of 0.94 and a debt-to-equity ratio of 75.88.

Howden Joinery Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, October 17th will be given a GBX 4.90 ($0.06) dividend. The ex-dividend date is Thursday, October 17th. This represents a yield of 0.52%. Howden Joinery Group’s dividend payout ratio is currently 4,565.22%.

Howden Joinery Group Company Profile

Howden Joinery Group Plc supplies various kitchen, joinery, and hardware products in the United Kingdom, France, Belgium, and the Republic of Ireland. The company's product portfolio worktops, sinks and taps, flooring, appliances, and handles; internal and external doors, including fire doors, flooring, stair parts, and general joinery items; and cooking, cleaning, and cooling appliances.