NEXT (LON:NXT) Insider Buys £49,897.50 in Stock

Key Points

• Insider purchase: NEXT insider Amy Stirling bought 375 shares on May 7 at an average price of £133.06, a total transaction of £49,897.50.
• Trading activity & valuation: Shares traded up to £131.95 with an unusually high volume of 75,809,867 (vs. average 7,164,813); the company has a market cap of £15.22bn, a P/E of 17.70, and a 12‑month range of £112–£146.40.
• Analyst stance & recent results: Consensus is an average rating of Hold with a mean target of £140.98 (3 Buys, 5 Holds); NEXT reported quarterly EPS of GBX 760.10 with a return on equity of 52.86%.

NEXT plc (LON:NXT - Get Free Report) insider Amy Stirling acquired 375 shares of the firm's stock in a transaction dated Thursday, May 7th. The stock was bought at an average price of £133.06 per share, for a total transaction of £49,897.50.

NEXT Trading Up 0.2%

LON:NXT traded up GBX 20 during mid-day trading on Thursday, reaching £131.95. 75,809,867 shares of the company's stock traded hands, compared to its average volume of 7,164,813. NEXT plc has a 12-month low of £112 and a 12-month high of £146.40. The firm has a market capitalization of £15.22 billion, a price-to-earnings ratio of 17.70, a PEG ratio of 5.66 and a beta of 1.05. The company has a debt-to-equity ratio of 108.79, a current ratio of 1.76 and a quick ratio of 1.07. The company has a 50 day moving average price of £129.77 and a 200-day moving average price of £134.16.

NEXT (LON:NXT - Get Free Report) last released its quarterly earnings data on Thursday, March 26th. The company reported GBX 760.10 earnings per share (EPS) for the quarter. NEXT had a return on equity of 52.86% and a net margin of 12.87%. On average, sell-side analysts predict that NEXT plc will post 660.7526882 earnings per share for the current year.

Wall Street Analysts Forecast Growth

NXT has been the topic of several research analyst reports. JPMorgan Chase & Co. reiterated a "neutral" rating on shares of NEXT in a research note on Wednesday, January 7th. Jefferies Financial Group restated a "hold" rating and issued a £140 target price on shares of NEXT in a research note on Wednesday, January 7th. Berenberg Bank reaffirmed a "buy" rating and issued a £180 price target on shares of NEXT in a report on Friday, March 27th. UBS Group reaffirmed a "buy" rating and issued a £152 price target on shares of NEXT in a report on Wednesday, March 25th. Finally, Citigroup cut their price target on shares of NEXT from £135.42 to £132 and set a "neutral" rating on the stock in a report on Wednesday, April 8th. Three research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of £140.98.

NEXT Company Profile

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. The company's main divisions are NEXT Online, NEXT Retail and NEXT Finance. We also launched Total Platform, an online, distribution, tech and logistics solution, in 2020.

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