NEXT (LON:NXT) Stock Price Crosses Above 200 Day Moving Average - Time to Sell?

Shares of NEXT plc (LON:NXT - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of £107.99 ($145.23) and traded as high as £126.05 ($169.51). NEXT shares last traded at £125.75 ($169.11), with a volume of 163,452 shares trading hands.

Analyst Ratings Changes

Separately, Shore Capital reissued a "buy" rating on shares of NEXT in a research report on Thursday, May 8th.

NEXT Trading Down 0.2%

The company has a market capitalization of £14.57 billion, a price-to-earnings ratio of 18.62, a price-to-earnings-growth ratio of 5.66 and a beta of 1.37. The company has a debt-to-equity ratio of 76.08, a quick ratio of 1.07 and a current ratio of 1.68. The firm has a fifty day moving average price of £124.57 and a 200-day moving average price of £108.26.

NEXT (LON:NXT - Get Free Report) last posted its quarterly earnings data on Thursday, March 27th. The company reported GBX 615.10 ($8.27) earnings per share for the quarter. NEXT had a net margin of 13.77% and a return on equity of 55.99%. As a group, equities analysts anticipate that NEXT plc will post 660.7526882 EPS for the current year.

NEXT Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, August 25th. Stockholders of record on Thursday, July 17th will be issued a dividend of GBX 208 ($2.80) per share. This represents a dividend yield of 1.08%. The ex-dividend date of this dividend is Thursday, July 17th. This is an increase from NEXT's previous dividend of $75.00. NEXT's dividend payout ratio is 32.49%.

Insider Activity at NEXT

In other news, insider Wolfson Aspley Guise sold 100,000 shares of the business's stock in a transaction on Thursday, May 8th. The stock was sold at an average price of £123.62 ($166.25), for a total transaction of £12,362,000 ($16,624,529.32). Also, insider Jeremy Stakol acquired 270 shares of the company's stock in a transaction that occurred on Wednesday, April 23rd. The shares were acquired at an average price of £118.55 ($159.43) per share, with a total value of £32,008.50 ($43,045.32). 6.69% of the stock is currently owned by insiders.

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.