NEXT plc (LON:NXT) Insider Acquires £32,008.50 in Stock

NEXT plc (LON:NXTGet Free Report) insider Jeremy Stakol purchased 270 shares of the company’s stock in a transaction dated Wednesday, April 23rd. The shares were acquired at an average price of £118.55 ($157.86) per share, for a total transaction of £32,008.50 ($42,621.17).

NEXT Stock Performance

Shares of NXT stock opened at £120.40 ($160.32) on Friday. The business has a fifty day moving average of £106.46 and a 200 day moving average of £100.94. NEXT plc has a 1 year low of GBX 8,598 ($114.49) and a 1 year high of £122.25 ($162.78). The company has a debt-to-equity ratio of 76.08, a current ratio of 1.68 and a quick ratio of 1.07. The firm has a market capitalization of £14.17 billion, a price-to-earnings ratio of 18.11, a price-to-earnings-growth ratio of 5.66 and a beta of 1.37.

NEXT (LON:NXTGet Free Report) last announced its quarterly earnings data on Thursday, March 27th. The company reported GBX 615.10 ($8.19) earnings per share (EPS) for the quarter. NEXT had a return on equity of 55.99% and a net margin of 13.77%. As a group, research analysts expect that NEXT plc will post 660.7526882 earnings per share for the current year.

NEXT Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, August 25th. Stockholders of record on Thursday, July 17th will be issued a GBX 208 ($2.77) dividend. This is an increase from NEXT’s previous dividend of $75.00. This represents a dividend yield of 1.08%. The ex-dividend date of this dividend is Thursday, July 17th. NEXT’s dividend payout ratio is 32.49%.

Analysts Set New Price Targets

Separately, Shore Capital restated a “buy” rating on shares of NEXT in a research note on Thursday, March 27th.

Check Out Our Latest Research Report on NEXT

About NEXT

(Get Free Report)

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.

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