Richelieu Hardware Ltd. (TSE:RCH - Get Free Report) Senior Officer Guy Grenier sold 3,000 shares of the stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of C$37.54, for a total value of C$112,632.90.
Guy Grenier also recently made the following trade(s):
- On Monday, August 26th, Guy Grenier sold 3,000 shares of Richelieu Hardware stock. The stock was sold at an average price of C$38.98, for a total transaction of C$116,943.00.
Richelieu Hardware Stock Performance
Shares of Richelieu Hardware stock traded up C$0.15 during midday trading on Monday, hitting C$38.77. The company had a trading volume of 31,566 shares, compared to its average volume of 52,149. The business's 50 day simple moving average is C$38.92 and its two-hundred day simple moving average is C$39.26. The stock has a market cap of C$2.16 billion, a PE ratio of 24.38, a P/E/G ratio of 0.77 and a beta of 0.94. The company has a debt-to-equity ratio of 26.31, a current ratio of 3.46 and a quick ratio of 0.72. Richelieu Hardware Ltd. has a 1-year low of C$36.30 and a 1-year high of C$48.27.
Richelieu Hardware (TSE:RCH - Get Free Report) last announced its quarterly earnings data 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). Richelieu Hardware had a net margin of 4.97% and a return on equity of 10.32%. The business had revenue of C$467.75 million during the quarter, compared to analyst estimates of C$468.40 million.
Richelieu Hardware Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, November 7th. Stockholders of record on Thursday, October 24th were given a dividend of $0.15 per share. The ex-dividend date was Thursday, October 24th. This represents a $0.60 annualized dividend and a dividend yield of 1.55%. Richelieu Hardware's dividend payout ratio (DPR) is currently 37.50%.
Wall Street Analysts Forecast Growth
Separately, CIBC lowered 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 research note on Monday, July 15th.
View Our Latest Research Report on RCH
About Richelieu Hardware
(
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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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