Insider Buying: J D Wetherspoon (LON:JDW) Insider Purchases 24 Shares of Stock

Key Points

• Insider John Hutson purchased 24 shares of J D Wetherspoon stock at an average price of GBX 632 per share, totaling £151.68.
• J D Wetherspoon's stock has seen a trading increase of 4.3%, reaching GBX 660.50, amidst a market cap of £696.21 million.
• Equities analysts currently hold a mixed outlook on the company, with one rating it as a Hold and another as Sell, alongside an average target price of GBX 490.

J D Wetherspoon plc (LON:JDW - Get Free Report) insider John Hutson purchased 24 shares of the stock in a transaction that occurred on Tuesday, October 21st. The stock was bought at an average price of GBX 632 per share, with a total value of £151.68.

John Hutson also recently made the following trade(s):

• On Monday, September 29th, John Hutson purchased 22 shares of J D Wetherspoon stock. The stock was bought at an average price of GBX 683 per share, with a total value of £150.26.
• On Friday, August 22nd, John Hutson purchased 21 shares of J D Wetherspoon stock. The stock was bought at an average price of GBX 718 per share, with a total value of £150.78.

J D Wetherspoon Trading Up 4.3%

JDW traded up GBX 27.50 during trading on Wednesday, reaching GBX 660.50. The company had a trading volume of 480,467 shares, compared to its average volume of 657,897. The company has a quick ratio of 0.19, a current ratio of 0.35 and a debt-to-equity ratio of 283.19. The business has a 50 day simple moving average of GBX 679.87 and a 200-day simple moving average of GBX 702.06. J D Wetherspoon plc has a 52 week low of GBX 526 and a 52 week high of GBX 814.50. The stock has a market cap of £696.21 million, a P/E ratio of 12.95, a PEG ratio of 3.39 and a beta of 1.34.

J D Wetherspoon (LON:JDW - Get Free Report) last issued its quarterly earnings results on Friday, October 3rd. The company reported GBX 50.80 earnings per share for the quarter. J D Wetherspoon had a return on equity of 12.66% and a net margin of 2.40%. On average, equities analysts anticipate that J D Wetherspoon plc will post 52.8508772 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Shore Capital reiterated a "hold" rating on shares of J D Wetherspoon in a report on Monday, October 6th. Deutsche Bank Aktiengesellschaft increased their target price on J D Wetherspoon from GBX 450 to GBX 490 and gave the company a "sell" rating in a research report on Friday, July 11th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Reduce" and an average target price of GBX 490.

About J D Wetherspoon

J D Wetherspoon owns and operates pubs and hotels throughout the UK and Ireland. The company aims to provide customers with good-quality food and drinks, served by well-trained and friendly staff, at reasonable prices. The pubs are individually designed, and the company aims to maintain them in excellent condition.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.