Leon’s Furniture (TSE:LNF) Insider Darci Marie Walker Purchases 1,500 Shares of Stock

Leon’s Furniture Limited (TSE:LNFGet Free Report) insider Darci Marie Walker acquired 1,500 shares of the stock in a transaction dated 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 transaction, the insider owned 2,500 shares in the company, valued at approximately C$60,000. This represents a 150.00% increase in their position.

Leon’s Furniture Stock Performance

TSE LNF opened at C$24.37 on Wednesday. Leon’s Furniture Limited has a 52-week low of C$23.92 and a 52-week high of C$30.80. The company has a fifty day moving average of C$25.81 and a 200-day moving average of C$27.45. The company has a market capitalization of C$1.68 billion, a P/E ratio of 10.83 and a beta of 0.93. The company has a debt-to-equity ratio of 38.77, a quick ratio of 0.53 and a current ratio of 1.53.

Leon’s Furniture (TSE:LNFGet Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported C$0.29 earnings per share for the quarter. Leon’s Furniture had a return on equity of 12.69% and a net margin of 6.06%.The business had revenue of C$557.15 million for the quarter. As a group, equities research analysts predict that Leon’s Furniture Limited will post 2.2104466 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, National Bank Financial boosted their target price on Leon’s Furniture from C$35.00 to C$36.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 11th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of C$33.00.

Read Our Latest Stock Analysis on Leon’s Furniture

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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