Wickes Group (LON:WIX) Receives "Not Rated" Rating from Shore Capital

Shore Capital reiterated their not rated rating on shares of Wickes Group (LON:WIX - Free Report) in a research note issued to investors on Thursday morning, Marketbeat.com reports.

Wickes Group Stock Performance

WIX traded down GBX 8.40 ($0.11) during mid-day trading on Thursday, reaching GBX 173.60 ($2.24). 2,187,243 shares of the company traded hands, compared to its average volume of 1,946,913. The stock has a market capitalization of £411.03 million, a P/E ratio of 14.03, a P/E/G ratio of 0.79 and a beta of 0.78. The company has a quick ratio of 0.58, a current ratio of 1.10 and a debt-to-equity ratio of 456.98. The company's fifty day moving average price is GBX 167.58 and its 200-day moving average price is GBX 161.52. Wickes Group has a 52-week low of GBX 130.60 ($1.69) and a 52-week high of GBX 186 ($2.40).

Wickes Group (LON:WIX - Get Free Report) last announced its earnings results on Thursday, March 20th. The company reported GBX 14.10 ($0.18) earnings per share for the quarter. Wickes Group had a net margin of 2.01% and a return on equity of 19.39%. On average, sell-side analysts expect that Wickes Group will post 16.2278978 EPS for the current year.

Wickes Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 6th. Stockholders of record on Thursday, April 24th will be paid a GBX 7.30 ($0.09) dividend. This represents a dividend yield of 4.01%. This is a positive change from Wickes Group's previous dividend of $3.60. The ex-dividend date is Thursday, April 24th. Wickes Group's dividend payout ratio is 88.93%.

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About Wickes Group

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.