Free Trial

Kingfisher (LON:KGF) Trading Down 13.5% - Should You Sell?

Kingfisher logo with Consumer Cyclical background
Remove Ads

Kingfisher plc (LON:KGF - Get Free Report)'s stock price traded down 13.5% on Tuesday . The company traded as low as GBX 238.70 ($3.09) and last traded at GBX 241.97 ($3.13). 1,843,341,875 shares changed hands during mid-day trading, an increase of 2,725% from the average session volume of 65,247,035 shares. The stock had previously closed at GBX 279.70 ($3.62).

Kingfisher Stock Performance

The firm has a market cap of £4.45 billion, a PE ratio of 13.41, a price-to-earnings-growth ratio of 2.87 and a beta of 0.96. The company has a 50 day simple moving average of GBX 251.51 and a 200-day simple moving average of GBX 270.17. The company has a debt-to-equity ratio of 7.12, a current ratio of 1.26 and a quick ratio of 0.27.

Kingfisher (LON:KGF - Get Free Report) last announced its quarterly earnings data on Tuesday, March 25th. The home improvement retailer reported GBX 20.70 ($0.27) earnings per share for the quarter. Kingfisher had a return on equity of 5.23% and a net margin of 2.68%. As a group, equities research analysts anticipate that Kingfisher plc will post 23.6949924 EPS for the current year.

Kingfisher Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be issued a GBX 19.72 ($0.26) dividend. The ex-dividend date is Thursday, March 27th. This represents a yield of 3.44%. This is a boost from Kingfisher's previous dividend of $3.80. Kingfisher's dividend payout ratio (DPR) is 63.94%.

Remove Ads

About Kingfisher

(Get Free Report)

Kingfisher plc is an international home improvement company with over 2,000 stores, supported by a team of over 78,000 colleagues. We operate in eight countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçtaş. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.

Read More

Should You Invest $1,000 in Kingfisher Right Now?

Before you consider Kingfisher, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kingfisher wasn't on the list.

While Kingfisher currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Time to Buy SoFi? Fintech’s Next Big Move
3 Chip Stocks Primed for a Comeback—Have They Found the Bottom?
Why Palantir’s Future Just Got a Massive Boost

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads