Key Points
- Insider buying: Darci Marie Walker bought 1,500 shares of Leon's Furniture at C$24.00 each, spending C$36,000 and increasing her holdings to 2,500 shares.
- Stock and valuation snapshot: Leon's Furniture recently traded at C$24.37, near its 52-week low of C$23.92 and below both its 50-day and 200-day moving averages. The company has a market cap of C$1.68 billion and a P/E ratio of 10.83.
- Analyst sentiment and earnings: The company reported C$0.29 EPS on revenue of C$557.15 million in its latest quarter, and analysts currently rate the stock a Moderate Buy with an average target price of C$33.00.
Leon's Furniture Limited (TSE:LNF - Get Free Report) insider Darci Marie Walker purchased 1,500 shares of Leon's Furniture stock in a transaction that occurred on Friday, May 15th. The shares were bought at an average price of C$24.00 per share, for a total transaction of C$36,000.00. Following the completion of the transaction, the insider owned 2,500 shares in the company, valued at C$60,000. The trade was a 150.00% increase in their ownership of the stock.
Leon's Furniture Price Performance
Shares of Leon's Furniture stock opened at C$24.37 on Wednesday. The company has a debt-to-equity ratio of 38.77, a current ratio of 1.53 and a quick ratio of 0.53. Leon's Furniture Limited has a one year low of C$23.92 and a one year high of C$30.80. The business's 50 day simple moving average is C$25.81 and its two-hundred day simple moving average is C$27.45. The stock has a market capitalization of C$1.68 billion, a P/E ratio of 10.83 and a beta of 0.93.
Leon's Furniture (TSE:LNF - Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported C$0.29 earnings per share (EPS) for the quarter. Leon's Furniture had a net margin of 6.06% and a return on equity of 12.69%. The firm had revenue of C$557.15 million for the quarter. Analysts forecast that Leon's Furniture Limited will post 2.2104466 EPS for the current year.
Analyst Upgrades and Downgrades
Separately, National Bank Financial upped their price objective on shares of Leon's Furniture from C$35.00 to C$36.00 and gave the company an "outperform" rating in a research note on Wednesday, February 11th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Leon's Furniture presently has an average rating of "Moderate Buy" and an average target price of C$33.00.
Check Out Our Latest Stock Analysis on LNF
About Leon's Furniture
(
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.
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