NEXT (LON:NXT) Issues Quarterly Earnings Results

Key Points

• GBX 760.10 EPS along with a 12.28% net margin and 35.14% ROE underscore NEXT’s profitability, and shares traded up to £127.95 on the day.
• UBS and Shore Capital have reaffirmed a "buy" rating (UBS PT £152), but the analyst consensus remains a "Hold" with an average price target of £141.97; NEXT trades at a P/E of 19.4 and has a market cap of £14.81 billion.

NEXT (LON:NXT - Get Free Report) released its quarterly earnings results on Thursday. The company reported GBX 760.10 earnings per share for the quarter, Digital Look Earnings reports. NEXT had a net margin of 12.28% and a return on equity of 35.14%.

NEXT Price Performance

LON NXT traded up GBX 760 during trading hours on Thursday, hitting £127.95. The company had a trading volume of 3,032,223 shares, compared to its average volume of 6,656,682. The company has a debt-to-equity ratio of 117.05, a quick ratio of 1.07 and a current ratio of 1.74. The firm has a market capitalization of £14.81 billion, a price-to-earnings ratio of 19.40, a PEG ratio of 5.66 and a beta of 1.13. NEXT has a 52 week low of £105.05 and a 52 week high of £146.40. The firm has a 50 day simple moving average of £130.34 and a 200 day simple moving average of £132.41.

Trending Headlines about NEXT

Here are the key news stories impacting NEXT this week:

• Positive Sentiment: Quarterly results: NEXT reported GBX 760.10 EPS, a 35.14% ROE and a 12.28% net margin — metrics that support profitability and helped drive investor optimism. Quarterly Results
• Positive Sentiment: UBS reaffirmed a “buy” rating and left a £152 price target on the stock, providing a near-term upside anchor for the shares. Broker Rating (UBS)
• Positive Sentiment: Shore Capital also reaffirmed its “buy” stance, adding further broker support to the move. Broker Rating (Shore Capital)
• Neutral Sentiment: Analyst write-up: A Yahoo Finance piece examines how NEXT is “repricing its story” by adjusting assumptions and highlighting risks — useful context that may temper bullish expectations but doesn’t negate the quarter’s strength. How NEXT Is Repricing Its Story
• Neutral Sentiment: Unrelated media noise: Multiple links reference “NXT” wrestling coverage (WWE NXT). These are editorial/entertainment items and should be treated as non-material to NEXT plc’s fundamentals. Example: Bleacher Report coverage of WWE NXT. WWE NXT Results

Analysts Set New Price Targets

NXT has been the subject of several recent analyst reports. Jefferies Financial Group reaffirmed a "hold" rating and issued a £140 target price on shares of NEXT in a report on Wednesday, January 7th. Shore Capital Group reaffirmed a "buy" rating on shares of NEXT in a research report on Thursday. JPMorgan Chase & Co. reiterated a "neutral" rating on shares of NEXT in a research note on Wednesday, January 7th. Finally, UBS Group reissued a "buy" rating and issued a £152 price target on shares of NEXT in a report on Wednesday. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of £141.97.

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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