TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An update from Howden Joinery ( (GB:HWDN) ) is now available.
Howden Joinery Group PLC announced the repurchase and cancellation of 75,000 ordinary shares at an average price of 827.79 pence per share. This transaction is part of the company’s ongoing share buyback program, aimed at reducing the number of shares in circulation and potentially enhancing shareholder value. Following this purchase, the company holds 2,479,691 shares in treasury, with 539,379,983 shares remaining in issue, which represents the total voting rights in the company.
The most recent analyst rating on (GB:HWDN) stock is a Hold with a £900.00 price target. To see the full list of analyst forecasts on Howden Joinery stock, see the GB:HWDN Stock Forecast page.
Spark’s Take on GB:HWDN Stock
According to Spark, TipRanks’ AI Analyst, GB:HWDN is a Outperform.
Howden Joinery’s strong financial performance and effective cash management are the most significant factors contributing to its score. Technical analysis presents mixed signals, with short-term momentum showing potential overbought conditions. Valuation is fair, with a moderate P/E ratio and reasonable dividend yield. The earnings call highlights both strengths in sales growth and challenges in operating costs, maintaining a balanced outlook.
To see Spark’s full report on GB:HWDN stock, click here.
More about Howden Joinery
Howden Joinery Group PLC operates in the home improvement industry, primarily focusing on the manufacturing and sale of kitchens and joinery products. The company is known for its market focus on trade professionals, providing a range of products including kitchen cabinets, worktops, and appliances.
Average Trading Volume: 1,662,085
Technical Sentiment Signal: Buy
Current Market Cap: £4.47B
For detailed information about HWDN stock, go to TipRanks’ Stock Analysis page.