Shares of NEXT plc (LON:NXT - Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as £121.55 ($161.06) and last traded at £121.30 ($160.73), with a volume of 983259 shares trading hands. The stock had previously closed at £120.50 ($159.67).
Analyst Ratings Changes
Separately, Shore Capital reiterated a "buy" rating on shares of NEXT in a report on Thursday, March 27th.
Read Our Latest Stock Analysis on NXT
NEXT Stock Performance
The firm has a market capitalization of £14.15 billion, a price-to-earnings ratio of 18.08, a PEG ratio of 5.66 and a beta of 1.37. The firm has a 50 day moving average price of £105.35 and a 200-day moving average price of £100.50. The company has a debt-to-equity ratio of 76.08, a current ratio of 1.68 and a quick ratio of 1.07.
NEXT (LON:NXT - Get Free Report) last posted its quarterly earnings results on Thursday, March 27th. The company reported GBX 615.10 ($8.15) earnings per share (EPS) for the quarter. NEXT had a return on equity of 55.99% and a net margin of 13.77%. As a group, sell-side analysts expect that NEXT plc will post 660.7526882 earnings per share for the current fiscal year.
NEXT Increases Dividend
The company also recently declared a dividend, which will be paid on Monday, August 25th. Shareholders of record on Thursday, July 17th will be issued a dividend of GBX 208 ($2.76) per share. This represents a yield of 1.08%. The ex-dividend date is Thursday, July 17th. This is a boost from NEXT's previous dividend of $75.00. NEXT's payout ratio is 32.49%.
Insider Activity
In related news, insider Richard Papp sold 4,307 shares of the business's stock in a transaction on Friday, March 28th. The shares were sold at an average price of £109.85 ($145.55), for a total transaction of £473,123.95 ($626,903.34). Company insiders own 6.69% of the company's stock.
NEXT Company Profile
(
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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