Susan Davy Purchases 33 Shares of Pennon Group Plc (LON:PNN) Stock

Posted by Hayley Millar on Feb 24th, 2025

Pennon Group Plc (LON:PNN – Get Free Report) insider Susan Davy purchased 33 shares of the company’s stock in a transaction dated Wednesday, February 19th. The shares were acquired at an average cost of GBX 455 ($5.76) per share, with a total value of £150.15 ($190.02).

Pennon Group Price Performance

Shares of LON PNN opened at GBX 440.47 ($5.57) on Monday. Pennon Group Plc has a twelve month low of GBX 422.60 ($5.35) and a twelve month high of GBX 740.50 ($9.37). The firm has a fifty day simple moving average of GBX 527.65 and a 200 day simple moving average of GBX 566.30. The company has a market capitalization of £2.04 billion, a PE ratio of -123.85, a P/E/G ratio of 8.20 and a beta of 0.29. The company has a quick ratio of 1.54, a current ratio of 0.97 and a debt-to-equity ratio of 341.72.

Pennon Group (LON:PNN – Get Free Report) last posted its quarterly earnings results on Wednesday, November 27th. The company reported GBX (6.60) (($0.08)) earnings per share for the quarter. Pennon Group had a negative net margin of 1.05% and a negative return on equity of 0.88%. On average, sell-side analysts forecast that Pennon Group Plc will post 1.0402417 EPS for the current year.

Pennon Group Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, April 4th. Shareholders of record on Thursday, January 30th will be paid a GBX 14.69 ($0.19) dividend. This represents a yield of 2.53%. The ex-dividend date is Thursday, January 30th. Pennon Group’s dividend payout ratio (DPR) is currently -1,715.11%.

Analyst Ratings Changes

Separately, Citigroup reaffirmed a “neutral” rating and set a GBX 497 ($6.29) price target on shares of Pennon Group in a research note on Tuesday, February 18th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of GBX 766.75 ($9.70).

Check Out Our Latest Stock Analysis on Pennon Group

About Pennon Group

(Get Free Report)

At the top end of the FTSE250, Pennon is an infrastructure group, focused on the UK water market is one of only three listed water companies in the UK. Operating in a stable regulatory environment with a positive outlook, we are focused on long-term sustainable growth, through disciplined capital allocation, organic and acquisitive.