NEXT plc (LON:NXT - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 9,928.69 ($129.91) and traded as high as £110.40 ($144.45). NEXT shares last traded at £110.15 ($144.12), with a volume of 1,024,413 shares changing hands.
Analyst Ratings Changes
Separately, Shore Capital restated a "buy" rating on shares of NEXT in a report on Thursday, March 27th.
Read Our Latest Report on NXT
NEXT Trading Up 1.2 %
The stock has a market capitalization of £13.60 billion, a PE ratio of 17.38, 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. The firm has a 50 day moving average price of £102.36 and a 200 day moving average price of GBX 9,954.51.
NEXT (LON:NXT - Get Free Report) last released its quarterly earnings results on Thursday, March 27th. The company reported GBX 615.10 ($8.05) EPS for the quarter. NEXT had a return on equity of 55.99% and a net margin of 13.77%. Equities analysts expect that NEXT plc will post 660.7526882 EPS for the current fiscal year.
NEXT Increases Dividend
The company also recently declared a dividend, which will be paid on Monday, August 25th. Investors of record on Thursday, July 17th will be issued a dividend of GBX 208 ($2.72) per share. The ex-dividend date of this dividend is Thursday, July 17th. This is a boost from NEXT's previous dividend of $75.00. This represents a yield of 1.08%. NEXT's payout ratio is 32.49%.
Insiders Place Their Bets
In other NEXT news, insider Richard Papp sold 4,307 shares of the company's stock in a transaction on Friday, March 28th. The stock was sold at an average price of £109.85 ($143.73), for a total value of £473,123.95 ($619,029.11). 6.69% of the stock is currently owned by 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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