Wickes Group (LON:WIX) Releases Quarterly Earnings Results

Wickes Group (LON:WIX - Get Free Report) posted its quarterly earnings results on Thursday. The company reported GBX 14.10 ($0.18) EPS for the quarter, Digital Look Earnings reports. Wickes Group had a net margin of 2.01% and a return on equity of 19.39%.

Wickes Group Stock Down 0.1 %

LON:WIX traded down GBX 0.21 ($0.00) during trading hours on Monday, hitting GBX 173.39 ($2.24). The company's stock had a trading volume of 485,120 shares, compared to its average volume of 1,925,426. 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 current ratio of 1.10, a quick ratio of 0.58 and a debt-to-equity ratio of 456.98. The stock has a market capitalization of £410.54 million, a P/E ratio of 14.02, a price-to-earnings-growth ratio of 0.79 and a beta of 0.78. The stock has a fifty day moving average of GBX 168.15 and a 200-day moving average of GBX 161.51.

Wickes Group Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, June 6th. Investors of record on Thursday, April 24th will be paid a dividend of GBX 7.30 ($0.09) per share. The ex-dividend date is Thursday, April 24th. This represents a dividend yield of 4.01%. This is an increase from Wickes Group's previous dividend of $3.60. Wickes Group's payout ratio is presently 88.93%.

Analyst Ratings Changes

Several research analysts recently commented on WIX shares. Shore Capital reissued a "not rated" rating on shares of Wickes Group in a research note on Thursday. Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 198 ($2.56) price objective on shares of Wickes Group in a research note on Thursday.

Wickes Group Company Profile

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.