Howden Joinery Group (LON:HWDN) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Howden Joinery Group Plc (LON:HWDN) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 842.27 and traded as high as GBX 846. Howden Joinery Group shares last traded at GBX 838.50, with a volume of 5,907,081 shares trading hands.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. upped their target price on Howden Joinery Group from GBX 884 to GBX 900 and gave the company a “neutral” rating in a research report on Wednesday, December 3rd. One research analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of GBX 918.75.

Howden Joinery Group Stock Down 1.2%

The company has a quick ratio of 0.94, a current ratio of 2.10 and a debt-to-equity ratio of 110.24. The company has a market capitalization of £4.52 billion, a price-to-earnings ratio of 18.11, a P/E/G ratio of 1.96 and a beta of 1.33. The business has a fifty day simple moving average of GBX 862.68 and a two-hundred day simple moving average of GBX 842.27.

Howden Joinery Group (LON:HWDN) last announced its earnings results on Thursday, February 26th. The company reported GBX 49.20 earnings per share (EPS) for the quarter. Howden Joinery Group had a net margin of 11.07% and a return on equity of 23.58%. Equities analysts expect that Howden Joinery Group Plc will post 52.8073286 EPS for the current year.

Howden Joinery Group Company Profile

Howden Joinery Group Plc is the parent company of Howdens.

Howdens sells kitchens and joinery products to trade customers, primarily small local builders, through a network of over 850 UK depots. The business also operates over 70 depots across France, the Republic of Ireland, and Belgium.

Howdens only sells to the trade – they have the expertise to ensure that our products are fitted to the highest possible standards. Local Howdens depots build trusted partnerships with trade professionals, helping them to exceed their customers’ expectations and allowing their businesses and ours to profit from doing so.