Kingfisher plc (LON:KGF - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 261.73 ($3.52) and traded as high as GBX 297.60 ($4.01). Kingfisher shares last traded at GBX 296.85 ($4.00), with a volume of 13,953,569 shares trading hands.
Analyst Ratings Changes
Separately, Barclays downgraded shares of Kingfisher to an "underweight" rating and raised their target price for the company from GBX 275 ($3.70) to GBX 280 ($3.77) in a research note on Tuesday, May 20th.
Get Our Latest Report on Kingfisher
Kingfisher Stock Down 0.6%
The company has a market capitalization of £4.91 billion, a price-to-earnings ratio of 14.79, a P/E/G ratio of 2.87 and a beta of 0.96. The business's 50-day moving average is GBX 277.08 and its 200-day moving average is GBX 261.55. The company has a quick ratio of 0.27, a current ratio of 1.26 and a debt-to-equity ratio of 7.12.
Kingfisher (LON:KGF - Get Free Report) last released its quarterly earnings data on Tuesday, March 25th. The home improvement retailer reported GBX 20.70 ($0.28) earnings per share for the quarter. Kingfisher had a net margin of 2.68% and a return on equity of 5.23%. As a group, equities analysts predict that Kingfisher plc will post 23.6949924 earnings per share for the current year.
Kingfisher Increases Dividend
The business also recently announced a dividend, which will be paid on Monday, June 30th. Stockholders of record on Thursday, May 22nd will be paid a dividend of GBX 19.72 ($0.27) per share. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a dividend yield of 3.44%. This is a boost from Kingfisher's previous dividend of $3.80. Kingfisher's payout ratio is currently 63.94%.
About Kingfisher
(
Get Free Report)
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.
See Also
Before you consider Kingfisher, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kingfisher wasn't on the list.
While Kingfisher currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
