NEXT plc (LON:NXT - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as £128.50 ($174.36) and last traded at £128 ($173.68), with a volume of 1633401 shares changing hands. The stock had previously closed at £127.95 ($173.61).
Analyst Upgrades and Downgrades
Separately, Shore Capital reissued a "buy" rating on shares of NEXT in a research report on Thursday, May 8th.
Read Our Latest Analysis on NEXT
NEXT Price Performance
The company's 50-day simple moving average is £117.22 and its 200-day simple moving average is £104.43. The company has a debt-to-equity ratio of 76.08, a current ratio of 1.68 and a quick ratio of 1.07. The company has a market cap of £15.17 billion, a price-to-earnings ratio of 19.39, a P/E/G ratio of 5.66 and a beta of 1.37.
NEXT (LON:NXT - Get Free Report) last posted its quarterly earnings data on Thursday, March 27th. The company reported GBX 615.10 ($8.35) earnings per share (EPS) for the quarter. NEXT had a return on equity of 55.99% and a net margin of 13.77%. On average, equities research analysts anticipate that NEXT plc will post 660.7526882 EPS for the current year.
NEXT Increases Dividend
The company also recently announced a dividend, which will be paid on Monday, August 25th. Shareholders of record on Thursday, July 17th will be given a GBX 208 ($2.82) dividend. This is a boost from NEXT's previous dividend of $75.00. The ex-dividend date of this dividend is Thursday, July 17th. This represents a yield of 1.08%. NEXT's dividend payout ratio is 32.49%.
Insider Buying and Selling
In other NEXT news, insider Jeremy Stakol bought 270 shares of the stock in a transaction on Wednesday, April 23rd. The shares were bought at an average price of £118.55 ($160.85) per share, with a total value of £32,008.50 ($43,430.80). Also, insider Wolfson Aspley Guise sold 100,000 shares of the company's stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of £123.62 ($167.73), for a total transaction of £12,362,000 ($16,773,405.70). Corporate insiders own 6.69% of the company's stock.
About NEXT
(
Get Free Report)
Founded as a tailoring business in Leeds in 1864 by Joseph Hepworth and Son, today, the company offers clothing, footwear, accessories, beauty and home products to our UK and International customers.
NEXT has over 500 stores in the United Kingdom and Eire, and over 180 franchise branches across Europe, Asia and the Middle East.
Read More
Before you consider NEXT, 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 NEXT wasn't on the list.
While NEXT currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
