Key Points
- Insider purchase: Director William Berman bought 13,921 shares at GBX 357 on December 1, spending about £49,698.
- Analyst sentiment: Berenberg raised its target to GBX 725 and gave a "buy" rating; MarketBeat's consensus is also "Buy" with a GBX 725 target.
- Stock and valuation snapshot: Shares opened at GBX 367 (up ~3.1%), the company has a market cap of £420.1m and a P/E of 5.88, while last quarter's EPS was GBX (0.70).
Pinewood Technologies Group PLC (LON:PINE - Get Free Report) insider William Berman bought 13,921 shares of the business's stock in a transaction dated Monday, December 1st. The stock was bought at an average cost of GBX 357 per share, for a total transaction of £49,697.97.
Pinewood Technologies Group Stock Up 3.1%
Shares of LON PINE opened at GBX 367 on Tuesday. The firm has a market cap of £420.14 million, a P/E ratio of 5.88 and a beta of 0.56. The company has a 50 day moving average of GBX 378.27 and a 200 day moving average of GBX 441.97. Pinewood Technologies Group PLC has a twelve month low of GBX 284.50 and a twelve month high of GBX 575.
Pinewood Technologies Group (LON:PINE - Get Free Report) last issued its earnings results on Wednesday, September 24th. The company reported GBX (0.70) earnings per share for the quarter. Pinewood Technologies Group had a return on equity of 11.83% and a net margin of 167.76%. As a group, equities analysts expect that Pinewood Technologies Group PLC will post 9.8256735 earnings per share for the current fiscal year.
Analyst Ratings Changes
Separately, Berenberg Bank increased their target price on shares of Pinewood Technologies Group from GBX 700 to GBX 725 and gave the stock a "buy" rating in a report on Thursday, November 6th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, Pinewood Technologies Group presently has a consensus rating of "Buy" and a consensus target price of GBX 725.
Check Out Our Latest Analysis on PINE
Pinewood Technologies Group Company Profile
(
Get Free Report)
Pendragon PLC is one of the UK's leading automotive retailers with over 120 locations selling new and used vehicles alongside expert aftercare services.
Operating in the UK under the brands of Evans Halshaw, Stratstone and CarStore the Group also has additional businesses including Pinewood for dealership management systems, Pendragon Vehicle Management for fleet and leasing and Quickco for wholesale vehicle parts.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
