Henry Boot (LON:BOOT) Receives Buy Rating from Peel Hunt

Peel Hunt reiterated their buy rating on shares of Henry Boot (LON:BOOT) in a research report sent to investors on Tuesday morning, ThisIsMoney.Co.Uk reports.

Shares of BOOT stock opened at GBX 253 ($3.11) on Tuesday. Henry Boot has a 12-month low of GBX 180 ($2.22) and a 12-month high of GBX 351 ($4.32). The firm has a market capitalization of $336.93 million and a price-to-earnings ratio of 8.54. The business has a 50 day simple moving average of GBX 244.21 and a 200 day simple moving average of GBX 275.57. The company has a debt-to-equity ratio of 4.82, a current ratio of 3.14 and a quick ratio of 1.48.

The firm also recently disclosed a dividend, which will be paid on Monday, July 6th. Investors of record on Thursday, June 11th will be issued a GBX 1.30 ($0.02) dividend. This represents a yield of 0.57%. The ex-dividend date of this dividend is Thursday, June 11th. Henry Boot’s dividend payout ratio (DPR) is 17.79%.

In related news, insider Peter Mawson acquired 3,200 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was bought at an average price of GBX 226 ($2.78) per share, for a total transaction of £7,232 ($8,899.83). Also, insider Timothy Andrew Roberts acquired 65,000 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were bought at an average price of GBX 235 ($2.89) per share, with a total value of £152,750 ($187,976.86).

About Henry Boot

Henry Boot PLC invests in, develops, and trades in properties in the United Kingdom. It operates through Property Investment and Development, Land Promotion, and Construction segments. The company develops commercial properties and family homes. It is also involved in acquiring, promoting, developing, and trading in land.

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