Galliford Try (LON:GFRD) Insider Sells £16,866.98 in Stock

Galliford Try Holdings plc (LON:GFRD) insider Kris Hampson sold 4,474 shares of the stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of GBX 377, for a total transaction of £16,866.98.

Galliford Try Price Performance

Shares of Galliford Try stock opened at GBX 486 on Friday. The stock has a market cap of £480.55 million, a PE ratio of 15.09, a price-to-earnings-growth ratio of 0.90 and a beta of 1.12. Galliford Try Holdings plc has a 52 week low of GBX 294 and a 52 week high of GBX 556. The company has a current ratio of 0.92, a quick ratio of 0.89 and a debt-to-equity ratio of 43.30. The company’s 50-day moving average price is GBX 496.95 and its two-hundred day moving average price is GBX 448.97.

Galliford Try (LON:GFRD) last posted its quarterly earnings results on Wednesday, September 17th. The company reported GBX 34.40 earnings per share (EPS) for the quarter. Galliford Try had a net margin of 2.04% and a return on equity of 32.22%. As a group, sell-side analysts anticipate that Galliford Try Holdings plc will post 25.1560178 EPS for the current fiscal year.

Galliford Try declared that its Board of Directors has approved a stock repurchase program on Wednesday, September 17th that permits the company to repurchase 0 shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on GFRD. Berenberg Bank lifted their target price on shares of Galliford Try from GBX 510 to GBX 530 and gave the stock a “buy” rating in a research report on Wednesday, September 17th. Peel Hunt restated a “buy” rating and issued a GBX 550 price target on shares of Galliford Try in a research report on Thursday. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of GBX 540.

About Galliford Try

Galliford Try is one of the UK’s leading construction groups, working to improve the UK’s built environment, delivering positive, lasting change for the communities we work in on behalf of our clients.

Our business operates mainly under the Galliford Try and Morrison Construction brands, focusing on areas where we have core and proven strengths, namely in Building, Highways and Environment.