Insider Selling: Costain Group (LON:COST) Insider Sells 253,793 Shares of Stock

Key Points

  • Insider Helen Willis sold 253,793 shares of Costain Group on April 14 at an average price of GBX 197, netting about £499,972.
  • Berenberg upgraded the stock to a "buy" and raised its target from GBX 210 to GBX 240; the consensus rating is a "Moderate Buy" with an average target of GBX 190 (two Buy, one Hold).
  • Shares opened at GBX 193.20 (down ~2.5%), with a market cap of about £513.7M, a P/E of 14.1, and the company reported GBX 14.50 EPS for the most recent quarter and a 14.87% ROE.

Costain Group PLC (LON:COST - Get Free Report) insider Helen Willis sold 253,793 shares of the stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of GBX 197, for a total value of £499,972.21.

Costain Group Stock Down 2.5%

Shares of LON COST opened at GBX 193.20 on Thursday. The stock has a market capitalization of £513.72 million, a P/E ratio of 14.10, a PEG ratio of 1.63 and a beta of 0.96. The stock's fifty day moving average is GBX 188.09 and its 200 day moving average is GBX 166.87. Costain Group PLC has a 52 week low of GBX 101.60 and a 52 week high of GBX 206. The company has a debt-to-equity ratio of 9.68, a quick ratio of 1.32 and a current ratio of 1.44.

Costain Group (LON:COST - Get Free Report) last posted its quarterly earnings data on Tuesday, March 10th. The company reported GBX 14.50 earnings per share for the quarter. Costain Group had a net margin of 3.57% and a return on equity of 14.87%. Sell-side analysts forecast that Costain Group PLC will post 13.7551582 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Berenberg Bank upped their price target on shares of Costain Group from GBX 210 to GBX 240 and gave the stock a "buy" rating in a report on Wednesday, March 11th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of GBX 190.




Check Out Our Latest Research Report on COST

About Costain Group

(Get Free Report)

Costain improves people's lives by creating connected, sustainable infrastructure that enables people and the planet to thrive. Through the delivery of predictable, best-in-class solutions across the transport, water, energy and defence markets, we are creating a sustainable future and securing a more prosperous, resilient and decarbonised UK. By bringing together our unique mix of construction, consultancy, engineering and digital services, we work strategically with our customers and suppliers to meet critical national needs.

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