Insider Buying: Costain Group (LON:COST) Insider Purchases £14,913.04 in Stock

Costain Group PLC (LON:COST) insider Anthony (Tony) James Quinlan bought 5,692 shares of Costain Group stock in a transaction on Wednesday, September 30th. The stock was acquired at an average price of GBX 262 per share, with a total value of £14,913.04.

Costain Group Stock Performance

Shares of COST opened at GBX 262 on Friday. The firm has a market cap of £689.45 million, a price-to-earnings ratio of 18.71, a price-to-earnings-growth ratio of 1.63 and a beta of 0.89. Costain Group PLC has a 12 month low of GBX 136.60 and a 12 month high of GBX 265. The company has a quick ratio of 1.32, a current ratio of 1.40 and a debt-to-equity ratio of 12.61. The company’s fifty day moving average is GBX 231.11 and its 200-day moving average is GBX 208.88.

Costain Group (LON:COST) last issued its quarterly earnings data on Thursday, August 13th. The company reported GBX 5.70 earnings per share (EPS) for the quarter. Costain Group had a net margin of 3.57% and a return on equity of 14.73%. Equities analysts expect that Costain Group PLC will post 13.7551582 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank boosted their price target on Costain Group from GBX 240 to GBX 275 and gave the company a “buy” rating in a report on Friday, August 14th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of GBX 227.50.

About Costain Group

Costain improves people’s lives by creating connected, sustainable infrastructure that enables people and the planet to thrive. Through the delivery of predictable, best-in-class solutions across the transport, water, energy and defence markets, we are creating a sustainable future and securing a more prosperous, resilient and decarbonised UK.

By bringing together our unique mix of construction, consultancy, engineering and digital services, we work strategically with our customers and suppliers to meet critical national needs.