Key Points
- Marc Poulin sold 3,000 shares of Richelieu Hardware on Feb. 12 at an average price of C$42.78 for a total of C$128,340, reducing his stake by 16.67% to 15,000 shares (≈C$641,700).
- RCH opened at C$43.83 and trades within a 52‑week range of C$31.81–C$44.42 with a market cap of C$2.41B and a P/E of 28.28, while analysts hold a consensus rating of Hold and an average price target of C$40.25.
- In the most recent quarter the company reported EPS of C$0.43 on revenue of C$499.2M, with a net margin of 4.97% and return on equity of 9.84%.
Richelieu Hardware Ltd. (TSE:RCH - Get Free Report) Director Marc Poulin sold 3,000 shares of Richelieu Hardware stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of C$42.78, for a total transaction of C$128,340.00. Following the sale, the director owned 15,000 shares in the company, valued at approximately C$641,700. This represents a 16.67% decrease in their ownership of the stock.
Richelieu Hardware Stock Performance
Shares of RCH opened at C$43.83 on Friday. Richelieu Hardware Ltd. has a 52-week low of C$31.81 and a 52-week high of C$44.42. The firm has a market capitalization of C$2.41 billion, a PE ratio of 28.28, a P/E/G ratio of 0.77 and a beta of 0.72. The firm has a 50-day moving average price of C$41.02 and a 200 day moving average price of C$37.97. The company has a quick ratio of 0.72, a current ratio of 3.46 and a debt-to-equity ratio of 26.37.
Richelieu Hardware (TSE:RCH - Get Free Report) last posted its quarterly earnings data on Thursday, October 9th. The company reported C$0.43 EPS for the quarter. Richelieu Hardware had a return on equity of 9.84% and a net margin of 4.97%.The company had revenue of C$499.20 million for the quarter.
Analysts Set New Price Targets
A number of research firms have recently issued reports on RCH. Canadian Imperial Bank of Commerce increased their target price on Richelieu Hardware from C$37.00 to C$40.00 in a report on Monday, January 19th. National Bank Financial upped their price objective on shares of Richelieu Hardware from C$35.00 to C$40.50 and gave the company a "sector perform" rating in a research note on Tuesday, October 28th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of C$40.25.
Check Out Our Latest Stock Report on Richelieu Hardware
Richelieu Hardware Company Profile
(
Get Free Report)
Richelieu Hardware Ltd is a Canada-based company that imports, manufactures, and distributes specialty hardware and complementary products. Headquartered in Montreal, the company operates across Canada and the eastern and midwestern regions of the United States. The majority of the company's sales are derived from its operations in Canada. Richelieu's products include furniture, glass, decorative, window, and door hardware, lighting systems, and kitchen and closet storage. The firm primarily serves home furnishing manufacturers, residential and commercial woodworkers, hardware retailers, and renovation superstores.
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].
