NEXT plc (LON:NXT - Get Free Report)'s share price reached a new 52-week high on Tuesday . The stock traded as high as £112.55 ($145.13) and last traded at £110.55 ($142.55), with a volume of 714196 shares traded. The stock had previously closed at £110.85 ($142.94).
Analyst Upgrades and Downgrades
Separately, Shore Capital reiterated a "buy" rating on shares of NEXT in a research note on Thursday, March 27th.
Read Our Latest Report on NXT
NEXT Stock Down 2.0 %
The stock has a 50-day moving average of £100.38 and a 200 day moving average of GBX 9,916.10. The company has a market capitalization of £13.22 billion, a PE ratio of 16.89, a P/E/G ratio of 5.66 and a beta of 1.37. The company has a quick ratio of 1.07, a current ratio of 1.68 and a debt-to-equity ratio of 76.08.
NEXT (LON:NXT - Get Free Report) last issued its quarterly earnings results on Thursday, March 27th. The company reported GBX 615.10 ($7.93) earnings per share for the quarter. NEXT had a net margin of 13.77% and a return on equity of 55.99%. Sell-side analysts anticipate that NEXT plc will post 660.7526882 EPS for the current year.
NEXT Increases Dividend
The business also recently declared a dividend, which will be paid on Friday, August 1st. Stockholders of record on Thursday, July 3rd will be paid a dividend of GBX 208 ($2.68) per share. The ex-dividend date is Thursday, July 3rd. This represents a dividend yield of 1.08%. This is a positive change from NEXT's previous dividend of $75.00. NEXT's dividend payout ratio (DPR) is presently 32.49%.
Insider Buying and Selling at NEXT
In related news, insider Richard Papp sold 4,307 shares of the business's stock in a transaction dated Friday, March 28th. The stock was sold at an average price of £109.85 ($141.65), for a total value of £473,123.95 ($610,088.91). 6.69% of the stock is owned by corporate insiders.
About NEXT
(
Get Free Report)
Founded as a tailoring business in Leeds in 1864 by Joseph Hepworth and Son, today, the company offers clothing, footwear, accessories, beauty and home products to our UK and International customers.
NEXT has over 500 stores in the United Kingdom and Eire, and over 180 franchise branches across Europe, Asia and the Middle East.
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