Fintel reports that on May 25, 2023, Numis reiterated coverage of Henry Boot (LSE:BOOT) with a Buy recommendation.
Analyst Price Forecast Suggests 24.26% Upside
As of May 11, 2023, the average one-year price target for Henry Boot is 293.25. The forecasts range from a low of 267.65 to a high of $325.50. The average price target represents an increase of 24.26% from its latest reported closing price of 236.00.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Henry Boot is 353MM, an increase of 3.43%. The projected annual non-GAAP EPS is 0.19.
Henry Boot Maintains 2.82% Dividend Yield
At the most recent price, the company's dividend yield is 2.82%.
Additionally, the company's dividend payout ratio is 0.27. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.The company's 3-Year dividend growth rate is -0.26%.
For a list of the companies with the highest dividend yield, see Fintel's Dividend Screener.
What is the Fund Sentiment?
There are 20 funds or institutions reporting positions in Henry Boot. This is unchanged over the last quarter. Average portfolio weight of all funds dedicated to BOOT is 0.02%, a decrease of 12.52%. Total shares owned by institutions decreased in the last three months by 0.80% to 2,550K shares.
What are Other Shareholders Doing?
DISVX - Dfa International Small Cap Value Portfolio - Institutional Class holds 1,324K shares representing 0.99% ownership of the company. In it's prior filing, the firm reported owning 1,316K shares, representing an increase of 0.61%. The firm decreased its portfolio allocation in BOOT by 9.08% over the last quarter.
Dfa Investment Trust Co - The United Kingdom Small Company Series holds 542K shares representing 0.41% ownership of the company. No change in the last quarter.
DFIEX - International Core Equity Portfolio - Institutional Class holds 151K shares representing 0.11% ownership of the company. No change in the last quarter.
DLS - WisdomTree International SmallCap Dividend Fund N holds 97K shares representing 0.07% ownership of the company. In it's prior filing, the firm reported owning 153K shares, representing a decrease of 57.88%. The firm decreased its portfolio allocation in BOOT by 42.41% over the last quarter.
DFA INVESTMENT DIMENSIONS GROUP INC - International Vector Equity Portfolio Shares holds 90K shares representing 0.07% ownership of the company. No change in the last quarter.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
