Richelieu Hardware Ltd. (TSE:RCH – Get Free Report) Director Lucie Chabot acquired 1,300 shares of the firm’s stock in a transaction that occurred on Wednesday, October 16th. The stock was bought at an average cost of C$38.00 per share, with a total value of C$49,393.50.
Richelieu Hardware Trading Up 2.7 %
Shares of TSE:RCH opened at C$38.52 on Thursday. The business has a 50-day moving average price of C$39.29 and a 200-day moving average price of C$39.68. The stock has a market cap of C$2.14 billion, a price-to-earnings ratio of 24.08, a PEG ratio of 0.77 and a beta of 0.94. Richelieu Hardware Ltd. has a 52-week low of C$37.14 and a 52-week high of C$48.27. The company has a quick ratio of 0.72, a current ratio of 3.46 and a debt-to-equity ratio of 26.31.
Richelieu Hardware (TSE:RCH – Get Free Report) last posted its quarterly earnings results on Thursday, October 10th. The company reported C$0.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.44 by C($0.03). The business had revenue of C$467.75 million for the quarter, compared to analysts’ expectations of C$468.40 million. Richelieu Hardware had a return on equity of 10.32% and a net margin of 4.97%.
Richelieu Hardware Dividend Announcement
Wall Street Analyst Weigh In
Separately, CIBC dropped their price objective on shares of Richelieu Hardware from C$45.00 to C$44.00 and set a “neutral” rating on the stock in a report on Monday, July 15th.
Get Our Latest Stock Report on RCH
Richelieu Hardware Company Profile
Richelieu Hardware Ltd. manufactures, imports, and distributes specialty hardware and complementary products in Canada and the United States. The company’s principal product categories include furniture, glass and building decorative, and functional hardware; lighting systems; finishing and decorating products; ergonomic workstation components; kitchen and closet storage solutions; sliding door systems; decorative and functional panels; high-pressure laminates; railing and balusters; floor protection products; and power tool accessories.
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