Breedon Group plc (LON:BREE - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 444.13 ($5.88) and traded as high as GBX 451.80 ($5.99). Breedon Group shares last traded at GBX 441.40 ($5.85), with a volume of 394,389 shares trading hands.
Analyst Ratings Changes
Several equities analysts recently issued reports on the company. Berenberg Bank increased their target price on Breedon Group from GBX 540 ($7.16) to GBX 590 ($7.82) and gave the stock a "buy" rating in a research note on Thursday, March 6th. Royal Bank of Canada dropped their price objective on shares of Breedon Group from GBX 650 ($8.61) to GBX 625 ($8.28) and set an "outperform" rating for the company in a report on Tuesday, April 15th.
View Our Latest Stock Analysis on Breedon Group
Breedon Group Stock Down 0.7 %
The firm has a market cap of £1.52 billion, a PE ratio of 15.80, a PEG ratio of 1.56 and a beta of 1.29. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 44.86. The firm has a 50 day moving average price of GBX 451.22 and a 200-day moving average price of GBX 444.13.
Breedon Group (LON:BREE - Get Free Report) last posted its earnings results on Wednesday, March 5th. The company reported GBX 14.50 ($0.19) EPS for the quarter. Breedon Group had a return on equity of 8.58% and a net margin of 6.34%. Research analysts forecast that Breedon Group plc will post 36.8586859 EPS for the current fiscal year.
Breedon Group Increases Dividend
The company also recently disclosed a dividend, which will be paid on Friday, May 16th. Shareholders of record on Thursday, April 3rd will be issued a dividend of GBX 10 ($0.13) per share. This is a positive change from Breedon Group's previous dividend of $4.50. The ex-dividend date of this dividend is Thursday, April 3rd. This represents a dividend yield of 2.09%. Breedon Group's dividend payout ratio (DPR) is presently 50.13%.
Insider Transactions at Breedon Group
In other Breedon Group news, insider James Brotherton sold 43,648 shares of the firm's stock in a transaction on Friday, April 11th. The shares were sold at an average price of GBX 430 ($5.70), for a total transaction of £187,686.40 ($248,690.08). Insiders own 23.90% of the company's stock.
About Breedon Group
(
Get Free Report)
Breedon Group plc, a leading vertically-integrated construction materials group in Great Britain, Ireland and the USA, delivers essential products to the construction sector. Breedon holds 1.5bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services, including specialty materials, surfacing and highway maintenance operations, to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants.
Further Reading
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