Key Points
- Insider activity: Robert Hudson bought 77 shares on Feb 3 at GBX 193 (£148.61) and made small purchases in Dec/Jan, but previously sold a large block of 25,820 shares on Dec 22 for £46,734, indicating mixed insider buying alongside a significant earlier sale.
- Market and analyst outlook: Grainger is trading around GBX 197 with a market cap of £1.46bn and a P/E of 7.22, and analysts hold a "Moderate Buy" consensus with an average price target of GBX 251.67, suggesting notable upside from current levels.
- Financials: The company reported quarterly EPS of GBX 9.30 and has a negative return on equity and net margin, while analysts forecast roughly 10.46 EPS for the current fiscal year.
Grainger plc (LON:GRI - Get Free Report) insider Robert Hudson acquired 77 shares of the stock in a transaction on Tuesday, February 3rd. The shares were bought at an average price of GBX 193 per share, for a total transaction of £148.61.
Robert Hudson also recently made the following trade(s):
- On Friday, January 2nd, Robert Hudson purchased 83 shares of Grainger stock. The stock was bought at an average cost of GBX 181 per share, with a total value of £150.23.
- On Monday, December 22nd, Robert Hudson sold 25,820 shares of Grainger stock. The shares were sold at an average price of GBX 181, for a total transaction of £46,734.20.
- On Tuesday, December 2nd, Robert Hudson acquired 81 shares of Grainger stock. The stock was purchased at an average cost of GBX 184 per share, for a total transaction of £149.04.
Grainger Stock Performance
Grainger stock opened at GBX 197.20 on Thursday. The business's 50-day moving average price is GBX 186.76 and its two-hundred day moving average price is GBX 191.66. The stock has a market cap of £1.46 billion, a PE ratio of 7.22, a P/E/G ratio of 1.51 and a beta of 0.71. Grainger plc has a 12-month low of GBX 118.30 and a 12-month high of GBX 230. The company has a quick ratio of 0.87, a current ratio of 4.49 and a debt-to-equity ratio of 84.49.
Grainger (LON:GRI - Get Free Report) last issued its quarterly earnings data on Thursday, November 20th. The company reported GBX 9.30 earnings per share for the quarter. Grainger had a negative return on equity of 0.06% and a negative net margin of 0.40%. As a group, analysts expect that Grainger plc will post 10.4590732 earnings per share for the current fiscal year.
Analyst Ratings Changes
GRI has been the subject of several analyst reports. Peel Hunt lowered their target price on Grainger from GBX 220 to GBX 200 and set a "hold" rating for the company in a research report on Thursday, January 8th. Jefferies Financial Group increased their price target on Grainger from GBX 267 to GBX 270 and gave the company a "buy" rating in a research note on Tuesday, October 28th. Finally, Berenberg Bank lifted their price objective on Grainger from GBX 260 to GBX 285 and gave the stock a "buy" rating in a research note on Tuesday, January 27th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Grainger currently has an average rating of "Moderate Buy" and a consensus price target of GBX 251.67.
Check Out Our Latest Stock Report on GRI
About Grainger
(
Get Free Report)
Founded in Newcastle upon Tyne in 1912, Grainger plc, a FTSE 250 business, is the UK's largest listed residential landlord, a Real Estate Investment Trust (REIT) and a leader in the fast-growing build-to-rent sector, providing c.11,000 rental homes to over 25,000 customers. With a pipeline of secured build-to-rent development projects totalling c.4,300 homes and £1.3bn, Grainger is creating thousands more rental homes by investing in cities across the UK.
Grainger works in partnership with a large number of public sector organisations to deliver new homes to local communities, including Transport for London, Network Rail, the Ministry of Defence, Lewisham Borough Council and the Local Pensions Partnership.
The Grainger team is dedicated to the common purpose of Renting Homes, Enriching Lives, backed by a set of core values.
Further Reading
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