Shore Capital Reaffirms Not Rated Rating for Wickes Group (LON:WIX)

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

Wickes Group Trading Down 0.1 %

WIX traded down GBX 0.21 ($0.00) on Thursday, hitting GBX 173.39 ($2.24). 485,120 shares of the company were exchanged, compared to its average volume of 1,925,426. The company has a debt-to-equity ratio of 456.98, a quick ratio of 0.58 and a current ratio of 1.10. The firm has a fifty day simple moving average of GBX 168.15 and a two-hundred day simple moving average of GBX 161.51. The stock has a market capitalization of £410.54 million, a PE ratio of 14.02, a price-to-earnings-growth ratio of 0.79 and a beta of 0.78. Wickes Group has a 12 month low of GBX 130.60 ($1.69) and a 12 month high of GBX 186 ($2.40).

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

Wickes Group Increases Dividend

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

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.