NEXT (LON:NXT) Share Price Crosses Below Two Hundred Day Moving Average - Should You Sell?

Key Points

• NEXT crossed below its 200‑day moving average, trading as low as £127.10 versus the 200‑day MA of £132.96, with 723,339 shares changing hands.
• Analysts are mixed — three Buy and four Hold ratings — giving NEXT an average rating of "Hold" and an average target price of £142.26, suggesting potential upside from the current level.
• NEXT's fundamentals show solid profitability and scale: market cap £15.13 billion, P/E 17.7, latest quarterly EPS GBX 760.10, net margin 12.87% and return on equity 52.86%.

NEXT plc (LON:NXT - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of £132.96 and traded as low as £127.10. NEXT shares last traded at £127.10, with a volume of 723,339 shares trading hands.

Trending Headlines about NEXT

Here are the key news stories impacting NEXT this week:

• Neutral Sentiment: Post–Stand & Deliver results and episode fallout coverage from multiple outlets — match results, winners/losers and reaction pieces. Article Title
• Neutral Sentiment: Event analysis and winners/losers roundups (Yahoo Sports, Bleacher Report) summarizing talent pushes and storyline implications. Article Title
• Neutral Sentiment: Announcements of a special two‑week “NXT Revenge” lineup with additional title matches (including a women’s championship/last woman standing match) and debuts. Article Title
• Neutral Sentiment: Additional coverage on the Revenge card and specific match additions and talent notes. Article Title
• Neutral Sentiment: Reports on potential NXT call‑ups after WrestleMania and a title change (Tony D’Angelo winning the NXT Championship) — wrestling industry items, not corporate developments for NEXT plc. Article Title

Analyst Ratings Changes

NXT has been the subject of a number of analyst reports. Jefferies Financial Group reissued a "hold" rating and issued a £140 price target on shares of NEXT in a research report on Wednesday, January 7th. Shore Capital Group reissued a "buy" rating on shares of NEXT in a research report on Thursday, March 26th. Berenberg Bank reissued a "buy" rating and issued a £180 price objective on shares of NEXT in a research report on Friday, March 27th. UBS Group reaffirmed a "buy" rating and set a £152 target price on shares of NEXT in a research report on Wednesday, March 25th. Finally, JPMorgan Chase & Co. reissued a "neutral" rating on shares of NEXT in a report on Wednesday, January 7th. Three analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, NEXT has an average rating of "Hold" and an average target price of £142.26.

NEXT Stock Up 3.8%

The stock's fifty day moving average is £128.67 and its two-hundred day moving average is £132.96. The company has a current ratio of 1.76, a quick ratio of 1.07 and a debt-to-equity ratio of 108.79. The company has a market capitalization of £15.13 billion, a PE ratio of 17.70, a P/E/G ratio of 5.66 and a beta of 1.08.

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.