Howden Joinery Share Discussion Threads

[disc0dave45] 03/11/2022 09:56

Fair point. My concern is the possible decline in house building.

[suetballs] 03/11/2022 09:14

Yep - but I am more concerned about the impact of higher interest rates on the spending ability of customers.
But perhaps a new kitchen is essential expenditure.
Suet

[disc0dave45] 03/11/2022 08:46

They had net cash £248m at H1 and even if they have their worst case scenario (worst trading for 27 years) they would still be cash positive. With such gross margin (62%) and plenty of inventories they can easily pass on costs to customers. Interest rate rises / inflationary costs are being managed and of no major concern IMO - their outlook supports that view!.

[suetballs] 03/11/2022 08:15

Encouraging trading update.
But higher interest rates are a concern here.
Suet

[ariane] 04/9/2022 19:24

Consensus


Mean consensus BUY

Number of Analysts 14

Last Close Price 554,60 GBX

Average target price 838,75 GBX
Spread / Average Target 51,2%

High Price Target 1 000,00 GBX
Spread / Highest target 80,3%

Low Price Target 725,00 GBX
Spread / Lowest Target



Could we,Would we be so lucky with targets after being religated into the FT250

[ariane] 04/9/2022 12:59

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.

[ariane] 04/9/2022 08:37

Seems to be bouncing against a strong Support at around 552p

Enterprize Value might give it a 10pc uptrend

Might it have a suitor waiting in the wings

[ariane] 04/9/2022 08:15

Latest Dividends

Summary Previous dividend Next dividend

Type Final Interim


Per share 15.2p 4.7p

Declaration date 24 Feb 2022 (Thu) 21 Jul 2022 (Thu)

Ex-div date 07 Apr 2022 (Thu) 13 Oct 2022 (Thu)

Pay date 20 May 2022 (Fri) 18 Nov 2022 (Fri)

[ariane] 04/9/2022 08:10

Upcoming events on HOWDEN JOINERY GROUP PLC


October/13/2022 Ex-dividend day for interim dividend

November/03/2022 Q3 2022 Sales and Revenue Release - Trading Update

[ariane] 04/9/2022 08:07

MT Newswires) -- FTSE Russell on Wednesday confirmed that asset manager Abrdn (ABDN.L) will drop out of the FTSE 100 index and enter FTSE 250 on Sept. 19.

As part of the benchmark provider's September annual review, Hikma Pharmaceuticals (HIK.L) and kitchen products supplier Howden Joinery (HWDN.L) will also leave the FTSE 100 index and join FTSE 250.

[niklol] 02/9/2022 20:13

No problem!

[essentialinvestor] 02/9/2022 15:16

Apologies, I was confusing you with "nickrl".

[niklol] 02/9/2022 14:59

Last message in English please as no idea what you mean!!!

[essentialinvestor] 02/9/2022 14:38

nick, is this one of your Truss bounce candidates.


Any bounce fleeting if measures disappoint.

[disc0dave45] 02/9/2022 14:14

Read across from broker downgrades for UK house builders today.

[niklol] 02/9/2022 14:10

I am surprised it is gone this low so I wouldn't like to name a price

[quepassa] 02/9/2022 13:55

thank you.

but to set the ball rolling, what is your own personal view please on your own question of " how low it can go".

[niklol] 02/9/2022 13:48

I was wondering if leaving FTSE 100 would send share price lower still or not?

[suetballs] 02/9/2022 12:47

Not much lower imo.
Ok this is linked to housebuilders but if peeps can't afford to move they will often go for a new kitchen.
Suet

[quepassa] 02/9/2022 12:33

what are yours?

[niklol] 02/9/2022 11:14

How low can this go???
Any thoughts???

[luckymouse] 21/7/2022 13:08

free stock charts from uk.advfn.com

[sarahbudd] 09/6/2022 17:48

I'm in .. maiden purchase