NEXT plc (LON:NXT - Get Free Report) insider Richard Papp sold 4,307 shares of the company's stock in a transaction on Friday, March 28th. The shares were sold at an average price of £109.85 ($141.71), for a total transaction of £473,123.95 ($610,325.01).
NEXT Stock Performance
Shares of LON:NXT traded down GBX 225 ($2.90) during trading on Friday, reaching £112.30 ($144.87). The company had a trading volume of 56,135,301 shares, compared to its average volume of 1,727,815. NEXT plc has a fifty-two week low of GBX 8,598 ($110.91) and a fifty-two week high of £115.35 ($148.80). The company has a debt-to-equity ratio of 76.08, a current ratio of 1.68 and a quick ratio of 1.07. The stock's fifty day moving average price is £100.38 and its 200 day moving average price is GBX 9,917.12. The firm has a market capitalization of £13.22 billion, a price-to-earnings ratio of 16.89, a price-to-earnings-growth ratio of 5.66 and a beta of 1.37.
NEXT (LON:NXT - Get Free Report) last announced its quarterly earnings data on Thursday, March 27th. The company reported GBX 615.10 ($7.93) earnings per share (EPS) for the quarter. NEXT had a net margin of 13.77% and a return on equity of 55.99%. As a group, equities research analysts predict that NEXT plc will post 660.7526882 EPS for the current year.
NEXT Increases Dividend
The company also recently disclosed a dividend, which will be paid on Friday, August 1st. Investors of record on Thursday, July 3rd will be given a GBX 208 ($2.68) dividend. The ex-dividend date is Thursday, July 3rd. This represents a yield of 1.08%. This is an increase from NEXT's previous dividend of $75.00. NEXT's dividend payout ratio (DPR) is presently 32.49%.
Analyst Upgrades and Downgrades
Separately, Shore Capital reissued a "buy" rating on shares of NEXT in a report on Thursday, March 27th.
Get Our Latest Stock Report on NXT
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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