Key Points
- Insider sale: Kris Hampson sold 5,117 Galliford Try shares at an average of GBX 534, generating approximately £27,325.
- Stock and financials: Shares opened at GBX 703, with a market capitalization of about £694.7 million. The company reported quarterly EPS of GBX 41.70, a 2.13% net margin, and a 32.45% return on equity.
- Analyst outlook: Berenberg raised its price target to GBX 750 and maintained a “buy” rating; analysts’ consensus rating is “Buy,” with an average target of GBX 650.
Galliford Try Holdings plc (LON:GFRD - Get Free Report) insider Kris Hampson sold 5,117 shares of the firm's stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of GBX 534, for a total transaction of £27,324.78.
Galliford Try Stock Down 0.4%
Shares of Galliford Try stock opened at GBX 703 on Friday. The firm's 50 day moving average price is GBX 625.48 and its 200-day moving average price is GBX 561.66. The company has a quick ratio of 0.89, a current ratio of 0.94 and a debt-to-equity ratio of 35.36. Galliford Try Holdings plc has a 52-week low of GBX 466 and a 52-week high of GBX 726.81. The company has a market cap of £694.68 million, a P/E ratio of 20.03, a PEG ratio of 0.90 and a beta of 0.47.
Galliford Try (LON:GFRD - Get Free Report) last posted its earnings results on Thursday, September 17th. The company reported GBX 41.70 EPS for the quarter. Galliford Try had a net margin of 2.13% and a return on equity of 32.45%. On average, sell-side analysts predict that Galliford Try Holdings plc will post 25.1560178 EPS for the current fiscal year.
Galliford Try declared that its board has initiated a stock buyback program on Thursday, September 17th that permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually a sign that the company's management believes its shares are undervalued.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank increased their price objective on Galliford Try from GBX 680 to GBX 750 and gave the company a "buy" rating in a report on Thursday, September 17th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of GBX 650.
Get Our Latest Research Report on GFRD
About Galliford Try
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Galliford Try is one of the UK's leading construction groups, working to improve the UK's built environment, delivering positive, lasting change for the communities we work in on behalf of our clients.
Our business operates mainly under the Galliford Try and Morrison Construction brands, focusing on areas where we have core and proven strengths, namely in Building, Highways and Environment. We see long-term growth and appropriate margins in these markets.
Our company is founded on our values of excellence, passion, integrity and collaboration, and our vision is to be a people-orientated, progressive business, driven by our values to deliver lasting change for our stakeholders and the communities we work in.
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