J D Wetherspoon (LON:JDW) Insider Buys £46,800 in Stock

Key Points

• Insider Harry Morley purchased 7,500 shares of J D Wetherspoon at an average price of GBX 624, totaling £46,800.
• The stock has seen a recent increase, trading up 1.7% to reach GBX 634.50 during mid-day trading on October 8th.
• Research analysts have rated the stock with a consensus of "Reduce" and set a target price of GBX 490, indicating a cautious outlook on the stock's performance.

J D Wetherspoon plc (LON:JDW - Get Free Report) insider Harry Morley acquired 7,500 shares of the business's stock in a transaction on Wednesday, October 8th. The shares were purchased at an average price of GBX 624 per share, for a total transaction of £46,800.

J D Wetherspoon Trading Up 1.7%

JDW stock traded up GBX 10.50 during mid-day trading on Wednesday, reaching GBX 634.50. 235,776 shares of the stock traded hands, compared to its average volume of 660,579. The company has a debt-to-equity ratio of 283.19, a quick ratio of 0.19 and a current ratio of 0.35. J D Wetherspoon plc has a one year low of GBX 526 and a one year high of GBX 814.50. The stock has a market capitalization of £668.80 million, a PE ratio of 1,244.12, a PEG ratio of 3.39 and a beta of 1.34. The business has a 50-day moving average price of GBX 701.62 and a two-hundred day moving average price of GBX 697.22.

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

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Shore Capital restated a "hold" rating on shares of J D Wetherspoon in a report on Monday. Deutsche Bank Aktiengesellschaft upped their price target on shares of J D Wetherspoon from GBX 450 to GBX 490 and gave the stock a "sell" rating in a 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. According to data from MarketBeat, the stock presently has a consensus rating of "Reduce" and a consensus target price of GBX 490.

J D Wetherspoon Company Profile

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.

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