Susan Davy Acquires 33 Shares of Pennon Group Plc (LON:PNN) Stock

Posted by Scott Moore on Feb 21st, 2025

Pennon Group Plc (LON:PNN – Get Free Report) insider Susan Davy bought 33 shares of the company’s stock in a transaction dated Wednesday, February 19th. The shares were purchased at an average price of GBX 455 ($5.77) per share, with a total value of £150.15 ($190.26).

Pennon Group Trading Down 1.0 %

PNN stock opened at GBX 438.20 ($5.55) on Friday. The company has a market cap of £2.03 billion, a P/E ratio of -123.21, a PEG ratio of 8.20 and a beta of 0.29. Pennon Group Plc has a twelve month low of GBX 422.60 ($5.35) and a twelve month high of GBX 740.50 ($9.38). The company has a quick ratio of 1.54, a current ratio of 0.97 and a debt-to-equity ratio of 341.72. The business has a fifty day moving average of GBX 531.32 and a 200-day moving average of GBX 567.70.

Pennon Group (LON:PNN – Get Free Report) last released its quarterly earnings data on Wednesday, November 27th. The company reported GBX (6.60) (($0.08)) EPS for the quarter. Pennon Group had a negative net margin of 1.05% and a negative return on equity of 0.88%. As a group, equities research analysts expect that Pennon Group Plc will post 1.0402417 EPS for the current year.

Pennon Group Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, April 4th. Investors of record on Thursday, January 30th will be issued a GBX 14.69 ($0.19) dividend. The ex-dividend date is Thursday, January 30th. This represents a yield of 2.53%. Pennon Group’s dividend payout ratio is presently -1,715.11%.

Analysts Set New Price Targets

Separately, Citigroup restated a “neutral” rating and set a GBX 497 ($6.30) target price on shares of Pennon Group in a research report on Tuesday. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Pennon Group has a consensus rating of “Hold” and a consensus target price of GBX 766.75 ($9.72).

View Our Latest Report on PNN

About Pennon Group

(Get Free Report)

At the top end of the FTSE250, Pennon is an infrastructure group, focused on the UK water market is one of only three listed water companies in the UK. Operating in a stable regulatory environment with a positive outlook, we are focused on long-term sustainable growth, through disciplined capital allocation, organic and acquisitive.