Key Points
- Insider sale: John Andrew Cooney sold 2,200 shares of Leon's Furniture on Dec. 31 at C$28.00 each (C$61,600 total), leaving him with 52,274 shares (≈C$1.46M), a 4.04% reduction in his position.
- Company and analyst snapshot: LNF has a market cap of C$1.93B and a PE of 11.07, reported quarterly EPS of C$0.65 on C$678.6M revenue, and holds an average analyst rating of Moderate Buy with a consensus target of C$32.80 (CIBC raised its target to C$32).
Leon's Furniture Limited (TSE:LNF - Get Free Report) insider John Andrew Cooney sold 2,200 shares of Leon's Furniture stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of C$28.00, for a total value of C$61,600.00. Following the completion of the transaction, the insider owned 52,274 shares in the company, valued at approximately C$1,463,672. This represents a 4.04% decrease in their position.
Leon's Furniture Stock Performance
LNF stock opened at C$28.00 on Thursday. The company has a current ratio of 1.38, a quick ratio of 0.53 and a debt-to-equity ratio of 38.14. The stock has a 50-day moving average price of C$28.55 and a 200-day moving average price of C$28.52. The firm has a market cap of C$1.93 billion, a PE ratio of 11.07 and a beta of 0.86. Leon's Furniture Limited has a 1-year low of C$20.51 and a 1-year high of C$30.80.
Leon's Furniture (TSE:LNF - Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The company reported C$0.65 earnings per share (EPS) for the quarter. The company had revenue of C$678.63 million during the quarter. Leon's Furniture had a net margin of 5.24% and a return on equity of 12.54%. As a group, equities research analysts expect that Leon's Furniture Limited will post 2.2104466 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Separately, CIBC upped their price target on shares of Leon's Furniture from C$31.00 to C$32.00 in a research report on Monday, November 10th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of C$32.80.
Check Out Our Latest Stock Analysis on Leon's Furniture
Leon's Furniture Company Profile
(
Get Free Report)
Leon's Furniture Ltd is a Canada-based retailer which is involved in the sale of home furnishing, mattresses, appliances, and electronics. The firm is also the country's commercial retailer of appliances to builders, developers, hotels, and property management companies. It generates maximum revenue from sales of goods by corporate stores.
Read More
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].
