Shore Capital Reiterates Not Rated Rating for Wickes Group (LON:WIX)

Shore Capital reaffirmed their not rated rating on shares of Wickes Group (LON:WIX) in a research report report published on Thursday morning, MarketBeat reports.

Wickes Group Stock Down 4.6 %

WIX stock opened at GBX 173.60 ($2.24) on Thursday. The stock has a market capitalization of £411.03 million, a P/E ratio of 14.03, a P/E/G ratio of 0.79 and a beta of 0.78. The firm has a 50-day simple moving average of GBX 167.58 and a 200-day simple moving average of GBX 161.49. The company has a quick ratio of 0.58, a current ratio of 1.10 and a debt-to-equity ratio of 456.98. Wickes Group has a 52 week low of GBX 130.60 ($1.69) and a 52 week high of GBX 186 ($2.40).

Wickes Group (LON:WIX) last announced its quarterly earnings data on Thursday, March 20th. The company reported GBX 14.10 ($0.18) earnings per share (EPS) for the quarter. Wickes Group had a net margin of 2.01% and a return on equity of 19.39%. Equities analysts forecast that Wickes Group will post 16.2278978 earnings per share for the current fiscal year.

Wickes Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 6th. Investors of record on Thursday, April 24th will be paid a dividend of GBX 7.30 ($0.09) per share. This represents a yield of 4.01%. The ex-dividend date of this dividend is Thursday, April 24th. This is a boost from Wickes Group’s previous dividend of $3.60. Wickes Group’s dividend payout ratio is currently 88.93%.

Wickes Group Company Profile

Wickes is one of the UK’s best known home improvement retailers. Having opened our first store in 1972 we now have over 230 stores across the UK, employing 8,500 colleagues and offering products ranging from kitchens and bathrooms, to paint, tools and timber.

Wickes is a successful, growing, cash generative and profitable business, operating in the large and growing £25 billion UK Home Improvement market.