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HWDN Howden Joinery Group Plc

870.00
-11.00 (-1.25%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Howden Joinery Investors - HWDN

Howden Joinery Investors - HWDN

Share Name Share Symbol Market Stock Type
Howden Joinery Group Plc HWDN London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-11.00 -1.25% 870.00 16:35:05
Open Price Low Price High Price Close Price Previous Close
883.00 869.50 884.00 870.00 881.00
more quote information »
Industry Sector
SUPPORT SERVICES

Top Investor Posts

Top Posts
Posted at 30/9/2023 12:04 by mcunliffe1
Hello all. First look at HWDN this morning.

My atention was drawn here by an article from Richard Beddard of Interactive Investor. I have a ii SIPP and hence receive their emails. Richard (holds HWDN) places Howdens at number two in his list of 40 stocks in his 'decision engine'.

So, I thought I'd have a look.

I know of the company - 18 months ago I had a Wren kitchen fitted although briefly looked at Howdens with a view to pointing our builders in that direction. Wren won.

This link should take you to the Richard Beddard article:

hxxps://www.ii.co.uk/analysis-commentary/richard-beddard-my-portfolios-biggest-holding-gets-maximum-score-ii528022



Cheers
Posted at 04/9/2022 12:59 by ariane
Howden Joinery Group Plc (LON:HWDN) Given Average Rating of "Moderate Buy" by Analysts


Thu., September 1, 2022 | MarketBeat


Howden Joinery Group logoShares of Howden Joinery Group Plc (LON:HWDN - Get Rating) have received a consensus rating of "Moderate Buy" from the six brokerages that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is GBX 941.20 ($11.37).

A number of equities research analysts have recently issued reports on HWDN shares.

JPMorgan Chase & Co. reissued a "neutral" rating and set a GBX 730 ($8.82) price objective on shares of Howden Joinery Group in a research report on Friday, July 22nd. Shore Capital reissued a "buy" rating on shares of Howden Joinery Group in a research report on Thursday, July 21st.


Insider Buying and Selling

In related news, insider Paul Hayes acquired 8,000 shares of the company's stock in a transaction on Wednesday, August 24th. The stock was acquired at an average price of GBX 597 ($7.21) per share, with a total value of £47,760 ($57,709.04). In the last quarter, insiders bought 8,072 shares of company stock valued at $4,821,086.
Howden Joinery Group Price Performance

Shares of HWDN opened at GBX 560.60 ($6.77) on Thursday. Howden Joinery Group has a 1-year low of GBX 559.20 ($6.76) and a 1-year high of GBX 985.80 ($11.91). The firm has a fifty day simple moving average of GBX 629.69 and a two-hundred day simple moving average of GBX 694.61. The company has a current ratio of 1.77, a quick ratio of 0.94 and a debt-to-equity ratio of 70.33. The firm has a market cap of £3.14 billion and a PE ratio of 1,003.93.



Howden Joinery Group Cuts Dividend


The company also recently announced a dividend, which will be paid on Friday, November 18th. Investors of record on Thursday, October 13th will be issued a GBX 4.70 ($0.06) dividend. This represents a yield of 0.75%. The ex-dividend date of this dividend is Thursday, October 13th. Howden Joinery Group's dividend payout ratio is currently 34.82%.



About Howden Joinery Group (Get Rating)

Howden Joinery Group Plc, a trade kitchen supplier, provides various products across kitchens, joinery, and hardware in the United Kingdom, France, and Belgium. It offers kitchen cabinets, surfaces, fittings, storages, fitted kitchens, kitchen doors, sinks, and taps, as well as appliances; joinery products, such as sliding wardrobe doors, door fittings, stairs and parts, floors, skirting boards, mouldings, doors, and architrave products; and appliances, such as cooking, refrigerator, dishwasher, and laundry products, as well as coffee machines.
Posted at 06/11/2015 09:16 by market sniper1
HWDN Howden Joinery

UPGRADE..Howden Joinery Group Plc PT Raised to GBX 570 (HWDN)
November 6th, 2015.

Howden Joinery Group Plc (LON:HWDN) had its target price raised by analysts at JPMorgan Chase & Co. from GBX 560 ($8.64) to GBX 570 ($8.79) in a research report issued to clients and investors on Thursday, MarketBeat.com reports. The firm currently has an “overweight221; rating on the stock. JPMorgan Chase & Co.’s price target points to a potential upside of 16.02% from the stock’s current price.

Howden Joinery Group Plc (LON:HWDN) opened at 491.30 on Thursday. The firm’s 50-day moving average price is GBX 471.71 and its 200-day moving average price is GBX 489.75. Howden Joinery Group Plc has a 12 month low of GBX 362.80 and a 12 month high of GBX 532.00.



Other equities analysts have also recently issued reports about the company. Numis Securities Ltd reaffirmed an “add” rating and set a GBX 515 ($7.95) price target on shares of Howden Joinery Group Plc in a report on Friday, July 24th. Goodbody Stockbrokers Ltd reiterated a “buy” rating on shares of Howden Joinery Group Plc in a research report on Friday, October 30th. Beaufort Securities restated a “buy” rating on shares of Howden Joinery Group Plc in a research report on Wednesday, July 8th. Panmure Gordon lifted their target price on Howden Joinery Group Plc from GBX 490 ($7.56) to GBX 570 ($8.79) and gave the stock a “buy” rating in a report on Thursday, July 23rd. Finally, Berenberg Bank lifted their price target on Howden Joinery Group Plc from GBX 530 ($8.18) to GBX 570 ($8.79) and gave the company a “buy” rating in a research note on Friday, August 21st. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Howden Joinery Group Plc has a consensus rating of “Buy” and a consensus price target of GBX 537.27 ($8.29).

Howden Joinery Group Plc is engaged in the production, distribution and sourcing of kitchens and joinery to trade customers. The Business offers products, including kitchen frontals, worktops, flooring and breakfast bars, cabinets and painted skirting boards. The Organization manages approximately 589 depots, which are around 10,000 square feet in size, in industrial locations. The Business sold about 3.8 million cabinets, 2.3 million joinery doors, over 2 million square feet of flooring, 870,000 worktops and breakfast bars. The Organization has operationsin Belgium, France and Great Britain.
Posted at 31/7/2015 02:35 by lauders
A bit less today ULINBAC. 100,000 but they are still buying back.



This is from Questor after the results:

The FTSE 250-listed kitchen and joinery group is still a successful and growing company.

Questor thinks Howden is a great company but investors are taking a far too rosy view of the future. The building supplies industry has always been and will remain a highly cyclical business. It could be the case that the housing market boom has years more to run. That said, the current share price makes no allowance for a slowdown.

The impact rising interest rates on the housing market and consumers is unknown. As an investor, Questor would resisting buying at these prices.

So you have the company themselves buying shares they believe are worth buying at this price and then Questor who think that, with the information they have, you should hold off. I think the important part here is going to be this part I highlighted in my previous post:

We continue to invest in these operations so as to ensure that this aspect of the Howdens model is never compromised, even during our critical 'Period 11', when sales are more than double the level seen in other periods.

If they can get the costs under more control HWDN may do better than expected.
Posted at 24/7/2015 11:26 by thorpematt
Yes, nice bounce.

Without doubt a good company with fantastic margins. I suspect there will be quite a churn in holders over the next few days as different investors with different agendas and timescales balance their holdings.

Make your own choice I guess...
Posted at 11/2/2015 16:55 by cockneyrebel
Several builders making new closing highs tonight - wait till the fund managers start looking around for builder suppliers here (slow bunch), they'll be piling in as the stock gets bought ahead of the results by retail investors too imo.

Enjoy it when it happens Lauders, won't be long imo.

All imo

CR
Posted at 09/2/2015 13:22 by mike740
From the Ft today:


"Hedge funds have begun to take out bets against property businesses that are exposed to the downturn in London’s housing market, in the first sign that investors are tentatively seeking to profit from the slowdown.
Several hedge funds have taken out short positions, essentially bets that a company’s share price will fall, against estate agents Foxtons and Savills, along with property portal Zoopla, and housebuilder Berkeley Group.
The capital faces a surfeit of expensive new homes as developers rush to profit from foreign demand to buy in London.
While the bets are still relatively small they represent the first sign that hedge funds have begun to move against the UK property market after several years of surging house prices, and the high-profile stock market listings of Foxtons and Zoopla."
Posted at 26/1/2015 08:49 by brahmsnliszt
Slow solid growth. Just what investors like.Keep going.
Posted at 16/1/2015 16:42 by cockneyrebel
From Berenberg today:

"With a 63% gross margin, we believe EBIT margins can rise from
their current 14.9% level to high teens in the medium term as
volumes in mature depots increase; depots mature; and as price
increases are pushed through."

Well if sales continue to rise as they have done and margins rise into high teens Ebitda then HWDN is going way higher imo.



"The Howden stock price had a volatile 2014 as investors weighed up the
strengths of the Howden business model versus the concerns about a
slowing UK housing market. However, the successive increases in profit
guidance – particularly after the key trading period in October and
November – resulted in total UK sales coming in at £1,070m, up by 14% and
by 11% on a same-depot basis. This lfl progress improved as the year wore
on, resulting in 2014 consensus EPS standing 23% higher than it did on 1
January 2014. We believe this demonstrates that the underlying drivers of
the business are very much in place."

490p target.

All imo/dyor etc
Posted at 08/1/2015 09:45 by cockneyrebel
JP Morgan overweight and 470p target is just a starter imo - further upgrades at the results imo.

Wait till all the broker notes get around today after they've been filled in by the co imo.

Investors going to be focussed the results date in Feb here out imo - which can only support the price over the next month imo.

CR

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