Kingfisher plc (LON:KGF - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 273.50 ($3.55) and traded as high as GBX 311.66 ($4.04). Kingfisher shares last traded at GBX 305.60 ($3.96), with a volume of 3,053,285 shares trading hands.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on KGF. Jefferies Financial Group reiterated a "hold" rating and issued a GBX 250 ($3.24) price objective on shares of Kingfisher in a research note on Friday, July 12th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Kingfisher from GBX 310 ($4.02) to GBX 350 ($4.54) and gave the stock a "buy" rating in a research note on Wednesday, September 18th. Finally, JPMorgan Chase & Co. reiterated an "underweight" rating on shares of Kingfisher in a research note on Friday, July 12th.
View Our Latest Report on KGF
Kingfisher Stock Performance
The firm's 50-day moving average price is GBX 301.28 and its 200-day moving average price is GBX 273.50. The company has a debt-to-equity ratio of 37.01, a current ratio of 1.26 and a quick ratio of 0.27. The stock has a market cap of £5.61 billion, a P/E ratio of 1,708.33, a PEG ratio of 2.87 and a beta of 0.96.
Kingfisher Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 10th will be issued a GBX 3.80 ($0.05) dividend. This represents a dividend yield of 1.31%. The ex-dividend date of this dividend is Thursday, October 10th. Kingfisher's dividend payout ratio (DPR) is presently 6,666.67%.
Insider Activity at Kingfisher
In other Kingfisher news, insider Thierry Garnier sold 382,415 shares of Kingfisher stock in a transaction on Thursday, September 26th. The shares were sold at an average price of GBX 324 ($4.20), for a total transaction of £1,239,024.60 ($1,606,827.39). 0.73% of the stock is currently owned by insiders.
Kingfisher Company Profile
(
Get Free Report)
Kingfisher plc, together with its subsidiaries, supplies home improvement products and services primarily in the United Kingdom, Ireland, France, and internationally. It also operates retail stores under the B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint, and Koçtas brands. The company sells its products through stores and e-commerce channels.
Read More
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
MarketBeat's analysts have just released their top five short plays for November 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
