Wickes Group (LON:WIX - Get Free Report) released its earnings results on Thursday. The company reported GBX 14.10 ($0.18) earnings per share for the quarter, Digital Look Earnings reports. Wickes Group had a return on equity of 19.39% and a net margin of 2.01%.
Wickes Group Trading Down 4.6 %
Wickes Group stock traded down GBX 8.40 ($0.11) during trading on Friday, reaching GBX 173.60 ($2.24). 2,187,243 shares of the company were exchanged, compared to its average volume of 1,946,913. Wickes Group has a 52-week low of GBX 130.60 ($1.69) and a 52-week high of GBX 186 ($2.40). The company has a market capitalization of £411.03 million, a P/E ratio of 14.03, a PEG ratio of 0.79 and a beta of 0.78. The company has a debt-to-equity ratio of 456.98, a current ratio of 1.10 and a quick ratio of 0.58. The stock's 50 day simple moving average is GBX 167.58 and its two-hundred day simple moving average is GBX 161.52.
Wickes Group Increases Dividend
The business also recently disclosed a dividend, which will be paid on Friday, June 6th. Investors of record on Thursday, April 24th will be given a dividend of GBX 7.30 ($0.09) per share. This is an increase from Wickes Group's previous dividend of $3.60. The ex-dividend date of this dividend is Thursday, April 24th. This represents a yield of 4.01%. Wickes Group's dividend payout ratio (DPR) is presently 88.93%.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on WIX shares. Canaccord Genuity Group restated a "buy" rating and issued a GBX 198 ($2.56) target price on shares of Wickes Group in a research report on Thursday. Shore Capital restated a "not rated" rating on shares of Wickes Group in a research report on Thursday.
Check Out Our Latest Stock Report on Wickes Group
Wickes Group Company Profile
(
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Wickes is one of the UK's best known home improvement retailers. Having opened our first store in 1972 we now have over 230 stores across the UK, employing 8,500 colleagues and offering products ranging from kitchens and bathrooms, to paint, tools and timber.
Wickes is a successful, growing, cash generative and profitable business, operating in the large and growing £25 billion UK Home Improvement market.
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