Kingfisher (LON:KGF) Trading Down 12.2% – Time to Sell?

Kingfisher plc (LON:KGF)’s share price fell 12.2% during trading on Tuesday . The company traded as low as GBX 244.40 ($3.15) and last traded at GBX 245.57 ($3.16). 363,399,813 shares traded hands during mid-day trading, an increase of 805% from the average session volume of 40,163,273 shares. The stock had previously closed at GBX 279.70 ($3.60).

Kingfisher Stock Down 0.2 %

The firm has a 50-day moving average of GBX 251.17 and a two-hundred day moving average of GBX 270.47. The firm has a market cap of £4.31 billion, a price-to-earnings ratio of 13.00, a PEG ratio of 2.87 and a beta of 0.96. The company has a current ratio of 1.26, a quick ratio of 0.27 and a debt-to-equity ratio of 7.12.

Kingfisher (LON:KGF) last issued its quarterly earnings results on Tuesday, March 25th. The home improvement retailer reported GBX 20.70 ($0.27) EPS for the quarter. Kingfisher had a return on equity of 5.23% and a net margin of 2.68%. As a group, sell-side analysts predict that Kingfisher plc will post 23.6949924 earnings per share for the current fiscal year.

Kingfisher Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be issued a GBX 19.72 ($0.25) dividend. The ex-dividend date of this dividend is Thursday, March 27th. This is an increase from Kingfisher’s previous dividend of $3.80. This represents a yield of 3.44%. Kingfisher’s dividend payout ratio is 63.94%.

Kingfisher Company Profile

Kingfisher plc is an international home improvement company with over 2,000 stores, supported by a team of over 78,000 colleagues. We operate in eight countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçtaş. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.