Breedon Group (LON:BREE) Sets New 1-Year Low – What’s Next?

Shares of Breedon Group plc (LON:BREE) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 284.20 and last traded at GBX 285.20, with a volume of 325702 shares trading hands. The stock had previously closed at GBX 288.20.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on BREE shares. Berenberg Bank reissued a “buy” rating and issued a GBX 465 price objective on shares of Breedon Group in a report on Monday, March 16th. Stifel Nicolaus decreased their price objective on Breedon Group from GBX 430 to GBX 415 and set a “buy” rating for the company in a report on Tuesday, March 31st. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of GBX 449.

Breedon Group Stock Down 0.4%

The company has a market cap of £986.64 million, a price-to-earnings ratio of 11.76, a PEG ratio of 1.56 and a beta of 1.08. The company has a current ratio of 1.35, a quick ratio of 1.12 and a debt-to-equity ratio of 53.71. The business has a fifty day moving average of GBX 312.20 and a two-hundred day moving average of GBX 327.19.

Breedon Group (LON:BREE) last released its quarterly earnings results on Wednesday, March 11th. The company reported GBX 31.80 earnings per share for the quarter. Breedon Group had a return on equity of 7.14% and a net margin of 4.89%. As a group, equities analysts anticipate that Breedon Group plc will post 36.8586859 EPS for the current fiscal year.

Insider Buying and Selling

In other Breedon Group news, insider James Brotherton sold 19,318 shares of the stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of GBX 314, for a total transaction of £60,658.52. Also, insider Rob Wood sold 28,559 shares of the stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of GBX 314, for a total value of £89,675.26. In the last 90 days, insiders acquired 16,411 shares of company stock valued at $4,937,100. 42.70% of the stock is owned by company insiders.

Breedon Group Company Profile

Breedon Group plc, a leading vertically-integrated construction materials group in Great Britain, Ireland and the USA, delivers essential products to the construction sector. Breedon holds 1.5bn tonnes of mineral reserves and resources with long reserve life, supplying value-added products and services, including specialty materials, surfacing and highway maintenance operations, to a broad range of customers through its extensive local network of quarries, ready-mixed concrete and asphalt plants.