JD Sports Fashion (LON:JD) Issues Earnings Results

Key Points

• JD Sports Fashion reported quarterly earnings of GBX 4.60 per share, along with a return on equity of 14.97% and a net margin of 3.17%.
• The company's stock opened at GBX 88.60 and currently has a market capitalization of £4.59 billion, alongside a high PE ratio of 886.00.
• Analyst ratings are mixed, with three firms rating it as "Buy" and four as "Hold," while consensus price target sits at GBX 103.17.

JD Sports Fashion (LON:JD - Get Free Report) posted its quarterly earnings data on Wednesday. The company reported GBX 4.60 earnings per share (EPS) for the quarter, Digital Look Earnings reports. JD Sports Fashion had a return on equity of 14.97% and a net margin of 3.17%.

JD Sports Fashion Stock Performance

Shares of LON:JD opened at GBX 88.60 on Wednesday. The stock has a market capitalization of £4.59 billion, a PE ratio of 886.00, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. The company has a debt-to-equity ratio of 133.23, a current ratio of 1.42 and a quick ratio of 0.71. The stock has a 50-day moving average price of GBX 90.23 and a 200-day moving average price of GBX 82.98.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on JD shares. Royal Bank Of Canada raised their price target on JD Sports Fashion from GBX 90 to GBX 95 and gave the company an "outperform" rating in a report on Friday, August 8th. Citigroup raised their price target on JD Sports Fashion from GBX 92 to GBX 95 and gave the company a "neutral" rating in a report on Wednesday, September 10th. Shore Capital restated a "buy" rating on shares of JD Sports Fashion in a report on Wednesday, August 27th. Deutsche Bank Aktiengesellschaft raised their price target on JD Sports Fashion from GBX 85 to GBX 100 and gave the company a "hold" rating in a report on Tuesday, August 19th. Finally, Berenberg Bank raised their price target on JD Sports Fashion from GBX 128 to GBX 155 and gave the company a "buy" rating in a report on Wednesday, August 27th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of GBX 103.17.

About JD Sports Fashion

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.

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