Kingfisher (LON:KGF) Stock Price Down 13.4% - Should You Sell?

Kingfisher plc (LON:KGF - Get Free Report) shares dropped 13.4% on Tuesday . The company traded as low as GBX 238.70 ($3.09) and last traded at GBX 242.10 ($3.13). Approximately 367,349,938 shares were traded during mid-day trading, an increase of 813% from the average daily volume of 40,230,223 shares. The stock had previously closed at GBX 279.70 ($3.62).

Kingfisher Stock Up 1.4 %

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

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

Kingfisher Increases Dividend

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

Kingfisher Company Profile

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.