JD Sports Fashion (LON:JD) Earns Hold Rating from Peel Hunt

Key Points

• Peel Hunt reiterated its “hold” rating on JD Sports Fashion, while the broader analyst consensus remains “Hold.” Shore Capital also downgraded the stock to “hold” and cut its price target to GBX 75.
• JD Sports shares opened at GBX 80.86 and were down 0.5%, with the company valued at approximately £4.19 billion. The retailer reported quarterly EPS of GBX 3.97, a 3.17% net margin, and a 14.97% return on equity.
• Insider Peter Agnefjäl purchased 320,000 shares at GBX 77 each, representing a total investment of £246,400; insiders own 51.91% of the company.

JD Sports Fashion (LON:JD - Get Free Report)'s stock had its "hold" rating restated by stock analysts at Peel Hunt in a report issued on Friday, London Stock Exchange reports.

Several other equities analysts have also weighed in on JD. Shore Capital Group lowered shares of JD Sports Fashion to a "hold" rating and dropped their price objective for the company from GBX 81 to GBX 75 in a report on Friday. Royal Bank Of Canada restated a "sector perform" rating and issued a GBX 100 target price on shares of JD Sports Fashion in a research note on Monday, August 3rd. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 150 target price on shares of JD Sports Fashion in a research report on Thursday, September 24th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a GBX 95 price target on shares of JD Sports Fashion in a research note on Thursday, September 3rd. Finally, JPMorgan Chase & Co. cut their price target on JD Sports Fashion from GBX 90 to GBX 86 and set a "neutral" rating on the stock in a report on Friday, August 21st. Two analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of GBX 191.89.

JD Sports Fashion Stock Down 0.5%

JD Sports Fashion stock opened at GBX 80.86 on Friday. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 133.23. The company's 50-day moving average is GBX 85.16 and its two-hundred day moving average is GBX 80.36. The firm has a market cap of £4.19 billion, a P/E ratio of 808.60, a PEG ratio of 1.05 and a beta of 1.65.

JD Sports Fashion (LON:JD - Get Free Report) last issued its earnings results on Wednesday, September 23rd. The company reported GBX 3.97 earnings per share (EPS) for the quarter. JD Sports Fashion had a net margin of 3.17% and a return on equity of 14.97%. Sell-side analysts expect that JD Sports Fashion will post 15.037961 EPS for the current fiscal year.

Insider Activity

In related news, insider Peter Agnefjäl bought 320,000 shares of the business's stock in a transaction that occurred on Friday, September 25th. The shares were bought at an average price of GBX 77 per share, with a total value of £246,400. 51.91% of the stock is currently owned by insiders.

JD Sports Fashion Company Profile

JD Sports Fashion plc engages in the retail of branded sports fashion and outdoor clothing, footwear, accessories, and equipment for kids, women, and men. It operates through Sports Fashion and Outdoor segments. The company also retails leisure goods, sports goods, fishing gear, camping goods, boats, and bicycles, as well as distributes sports apparel and accessories, footwear, and apparel. It offers its products under the JD, Size?, Footpatrol, Finish Line, Shoe Palace, DTLR, Livestock, Sprinter, Sport Zone, Sizeer, JD Gyms, Tessuti, Scotts, Go Outdoors, Blacks, Millets, Tiso, Ultimate Outdoors, Fishing Republic, and Naylors brands.

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