NEXT plc (LON:NXT) Given Consensus Rating of “Hold” by Analysts

Shares of NEXT plc (LON:NXT) have received a consensus rating of “Hold” from the eight research firms that are currently covering the company, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is £140.98.

A number of equities analysts have recently issued reports on NXT shares. Citigroup dropped their price target on NEXT from £135.42 to £132 and set a “neutral” rating on the stock in a research report on Wednesday, April 8th. Shore Capital Group reissued a “buy” rating on shares of NEXT in a research report on Wednesday, May 6th. Berenberg Bank reissued a “buy” rating and set a £180 price target on shares of NEXT in a research report on Friday, May 15th. Finally, UBS Group reiterated a “buy” rating and set a £152 target price on shares of NEXT in a report on Wednesday, March 25th.

Insider Transactions at NEXT

In other NEXT news, insider Amy Stirling acquired 375 shares of the company’s stock in a transaction dated Thursday, May 7th. The shares were purchased at an average cost of £133.06 per share, for a total transaction of £49,897.50. 1.66% of the stock is currently owned by insiders.

NEXT Price Performance

Shares of NXT stock opened at £142.05 on Friday. The company has a debt-to-equity ratio of 108.79, a current ratio of 1.76 and a quick ratio of 1.07. The company has a market capitalization of £16.22 billion, a P/E ratio of 19.06, a P/E/G ratio of 5.66 and a beta of 1.05. The company’s 50-day simple moving average is £131.66 and its two-hundred day simple moving average is £132.76. NEXT has a one year low of £112 and a one year high of £146.40.

NEXT (LON:NXT) last announced its quarterly earnings data on Thursday, March 26th. The company reported GBX 760.10 earnings per share (EPS) for the quarter. NEXT had a return on equity of 52.86% and a net margin of 12.87%. As a group, equities analysts anticipate that NEXT will post 660.7526882 EPS for the current year.

About NEXT

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.