JD Sports Fashion Plc (LON:JD - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 81.93 ($1.11) and traded as high as GBX 90.14 ($1.23). JD Sports Fashion shares last traded at GBX 87.88 ($1.19), with a volume of 13,492,705 shares.
Wall Street Analysts Forecast Growth
JD has been the subject of a number of research analyst reports. Berenberg Bank restated a "buy" rating and issued a GBX 128 ($1.74) target price on shares of JD Sports Fashion in a report on Thursday, April 10th. Shore Capital reaffirmed a "buy" rating on shares of JD Sports Fashion in a research report on Wednesday, May 21st. One analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, JD Sports Fashion has an average rating of "Hold" and a consensus price target of GBX 109.50 ($1.49).
Get Our Latest Stock Report on JD Sports Fashion
JD Sports Fashion Stock Down 2.4%
The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 133.23. The company's fifty day simple moving average is GBX 82.99 and its 200 day simple moving average is GBX 81.93. The firm has a market capitalization of £4.55 billion, a P/E ratio of 878.80, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65.
JD Sports Fashion (LON:JD - Get Free Report) last released its quarterly earnings data on Wednesday, May 21st. The company reported GBX 12.39 ($0.17) 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%. Research analysts expect that JD Sports Fashion Plc will post 15.037961 EPS for the current year.
JD Sports Fashion declared that its Board of Directors has authorized a stock buyback program on Thursday, April 10th that authorizes the company to buyback 0 outstanding shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its stock is undervalued.
About JD Sports Fashion
(
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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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