NEXT (LON:NXT) Share Price Passes Above Fifty Day Moving Average - Time to Sell?

Key Points

• NEXT shares traded above their 50‑day moving average (50‑day MA £128.91), hitting £135.50 and last at £133.90 on a volume of 257,151 — a potential short‑term technical signal.
• Analyst consensus is a Hold with an average target of £140.98; ratings are mixed (three Buy, five Hold) and recent notes range from Berenberg’s £180 Buy to Citigroup trimming its target to £132.
• The company has a market cap of £15.35bn and solid profitability (ROE 52.86%, net margin 12.87%) but carries a high debt‑to‑equity ratio of 108.79, with a P/E of 17.96 and PEG of 5.66 to consider.

NEXT plc (LON:NXT - Get Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of £128.91 and traded as high as £135.50. NEXT shares last traded at £133.90, with a volume of 257,151 shares changing hands.

Analyst Ratings Changes

A number of research analysts have recently commented on NXT shares. Berenberg Bank reiterated a "buy" rating and issued a £180 price objective on shares of NEXT in a report on Friday, March 27th. JPMorgan Chase & Co. reissued a "neutral" rating 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. UBS Group reissued a "buy" rating and issued a £152 target price on shares of NEXT in a research report on Wednesday, March 25th. Finally, Citigroup decreased their target price on NEXT from £135.42 to £132 and set a "neutral" rating for the company in a research report on Wednesday, April 8th. Three analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat, NEXT has a consensus rating of "Hold" and an average target price of £140.98.

NEXT Stock Up 0.0%

The firm has a fifty day moving average price of £128.91 and a 200 day moving average price of £133.45. The firm has a market capitalization of £15.35 billion, a price-to-earnings ratio of 17.96, a PEG ratio of 5.66 and a beta of 1.08. The company has a debt-to-equity ratio of 108.79, a quick ratio of 1.07 and a current ratio of 1.76.

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

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