Key Points
- Insider purchase: Director Laura Flowerdew bought 26 shares on Feb 19 at GBX 572 each for a total of £148.72, a very small insider transaction.
- Market view: Pennon opened at GBX 586.50 (near its 52‑week high of GBX 597.50), has a market cap of £2.77bn, and carries a consensus Moderate Buy rating with a target price around GBX 604.
- Financials and risks: The company has a high debt‑to‑equity ratio (341.72), negative return on equity (−0.88%) and net margin (−1.05%), alongside a high P/E of 122.19, indicating stretched leverage and weak profitability.
Pennon Group Plc (LON:PNN - Get Free Report) insider Laura Flowerdew bought 26 shares of the stock in a transaction that occurred on Thursday, February 19th. The shares were purchased at an average price of GBX 572 per share, for a total transaction of £148.72.
Pennon Group Trading Up 0.5%
Shares of Pennon Group stock opened at GBX 586.50 on Tuesday. Pennon Group Plc has a fifty-two week low of GBX 383 and a fifty-two week high of GBX 597.50. The company has a debt-to-equity ratio of 341.72, a quick ratio of 1.54 and a current ratio of 0.97. The company has a market capitalization of £2.77 billion, a P/E ratio of 122.19, a P/E/G ratio of 8.20 and a beta of 0.29. The company has a fifty day moving average of GBX 547.66 and a 200 day moving average of GBX 513.79.
Pennon Group (LON:PNN - Get Free Report) last announced its quarterly earnings data on Thursday, November 27th. The company reported GBX 14 EPS for the quarter. Pennon Group had a negative return on equity of 0.88% and a negative net margin of 1.05%. On average, sell-side analysts anticipate that Pennon Group Plc will post 1.0402417 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on the company. Citigroup downgraded Pennon Group to a "neutral" rating and upped their price target for the stock from GBX 539 to GBX 542 in a research note on Monday, November 3rd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Pennon Group from GBX 580 to GBX 600 and gave the stock a "buy" rating in a report on Monday, January 19th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 604.
Check Out Our Latest Stock Report on Pennon Group
Pennon Group Company Profile
(
Get Free Report)
At the top end of the FTSE 250, Pennon is an infrastructure group, focused on the UK water market is one of only three listed water companies in the UK. Operating in a stable regulatory environment with a positive outlook, we are focused on long-term sustainable growth, through disciplined capital allocation, organic and acquisitive. Our 25-year rolling licence provides predictable index-linked growth and visibility over future revenues.
We provide clean and wastewater services through our businesses across the Great South West.
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