Kingfisher plc (LON:KGF - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 261.45 ($3.49) and traded as high as GBX 317.60 ($4.24). Kingfisher shares last traded at GBX 316.60 ($4.23), with a volume of 9,820,141 shares.
Analyst Ratings Changes
Separately, Barclays downgraded Kingfisher to an "underweight" rating and raised their price objective for the stock from GBX 275 ($3.67) to GBX 280 ($3.74) in a research report on Tuesday.
Check Out Our Latest Stock Analysis on KGF
Kingfisher Stock Up 0.3%
The business's fifty day moving average price is GBX 271.61 and its 200 day moving average price is GBX 261.54. The company has a current ratio of 1.26, a quick ratio of 0.27 and a debt-to-equity ratio of 7.12. The firm has a market capitalization of £5.56 billion, a price-to-earnings ratio of 16.76, a PEG ratio of 2.87 and a beta of 0.96.
Kingfisher (LON:KGF - Get Free Report) last released its earnings results on Tuesday, March 25th. The home improvement retailer reported GBX 20.70 ($0.28) EPS for the quarter. Kingfisher had a net margin of 2.68% and a return on equity of 5.23%. On average, equities analysts expect that Kingfisher plc will post 23.6949924 EPS for the current year.
Kingfisher Increases Dividend
The business also recently disclosed a dividend, which will be paid on Monday, June 30th. Investors of record on Thursday, May 22nd will be given a dividend of GBX 19.72 ($0.26) per share. This is an increase from Kingfisher's previous dividend of $3.80. This represents a dividend yield of 3.44%. The ex-dividend date of this dividend is Thursday, May 22nd. Kingfisher's payout ratio is currently 63.94%.
About Kingfisher
(
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Kingfisher plc is an international home improvement company with over 2,000 stores, supported by a team of over 78,000 colleagues. We operate in eight countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçtaş. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.
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