Key Points
- Insider sale: Simon Scougall sold 4,633 shares on Nov. 11 at an average price of GBX 2,767, totaling £128,195.11.
- Bellway trades around GBX 2,772 with a market cap of £3.28 billion, a P/E of 21.03, and a one‑year range of GBX 2,134–2,998.
- Analysts maintain a "Moderate Buy" consensus with an average target of GBX 3,194.75, and the board announced a stock repurchase plan on Oct. 14.
Bellway p.l.c. (LON:BWY - Get Free Report) insider Simon Scougall sold 4,633 shares of the firm's stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of GBX 2,767, for a total value of £128,195.11.
Bellway Price Performance
Shares of BWY stock opened at GBX 2,772 on Thursday. The stock's fifty day simple moving average is GBX 2,505.75 and its 200 day simple moving average is GBX 2,588.03. Bellway p.l.c. has a one year low of GBX 2,134 and a one year high of GBX 2,998. The firm has a market cap of £3.28 billion, a price-to-earnings ratio of 21.03, a P/E/G ratio of 3.40 and a beta of 1.46. The company has a debt-to-equity ratio of 3.75, a current ratio of 5.26 and a quick ratio of 0.50.
Bellway (LON:BWY - Get Free Report) last issued its quarterly earnings data on Tuesday, October 14th. The company reported GBX 176.70 earnings per share (EPS) for the quarter. Bellway had a return on equity of 3.78% and a net margin of 5.48%. On average, analysts expect that Bellway p.l.c. will post 159.0741715 earnings per share for the current fiscal year.
Bellway declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, October 14th that permits the company to buyback 0 shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback plans are often a sign that the company's leadership believes its stock is undervalued.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on the stock. Royal Bank Of Canada upped their target price on shares of Bellway from GBX 3,150 to GBX 3,300 and gave the company a "sector perform" rating in a research report on Wednesday, October 15th. JPMorgan Chase & Co. restated an "overweight" rating on shares of Bellway in a report on Friday, October 17th. Berenberg Bank reaffirmed a "hold" rating and issued a GBX 2,900 price objective on shares of Bellway in a research note on Monday, September 8th. Jefferies Financial Group reiterated a "buy" rating and set a GBX 3,489 target price on shares of Bellway in a research report on Wednesday, October 22nd. Finally, Citigroup increased their price target on Bellway from GBX 3,000 to GBX 3,090 and gave the company a "buy" rating in a research note on Wednesday, October 15th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of GBX 3,194.75.
Read Our Latest Stock Report on BWY
Bellway Company Profile
(
Get Free Report)
Bellway p.l.c., together with its subsidiaries, engages in the home building business in the United Kingdom. The company builds and sells homes ranging from one-bedroom apartments to six-bedroom family homes, as well as provides homes to housing associations for social housing. It offers homes under Bellway, Ashberry, and Bellway London brands.
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