JD Sports Fashion plc (LON:JD – Get Rating) insider Andy Higginson bought 292,725 shares of the company in a transaction on Monday 8 August. The shares were purchased at an average price of GBX 133 ($1.61) per share, with a total value of £389,324.25 ($470,425.63).
JD Sports Fashion Price Performance
Shares of JD Sports Fashion traded higher GBX 3.40 ($0.04) during midday trading on Tuesday, reaching GBX 133.55 ($1.61). The company had a trading volume of 3,619,471 shares, compared to its average volume of 393,791. JD Sports Fashion plc has a 1-year minimum of GBX 98.94 ($1.20) and a 1-year maximum of GBX 235.70 ($2.85). The company has a market capitalization of £6.89 billion and a price-to-earnings ratio of 1,907.86. The company has a current ratio of 1.42, a quick ratio of 0.75, and a debt-to-equity ratio of 101.34. The stock has a fifty-day simple moving average of GBX 122.49 and a 200-day simple moving average of GBX 140.85.
JD Sports Fashion cuts dividend
The company also recently declared a dividend, which was paid on Friday, August 5. Shareholders of record on Thursday, July 7 received a dividend of GBX 0.35 ($0.00) per share. The ex-dividend date of this dividend was Thursday, July 7. This represents a dividend yield of 0.29%.
Wall Street analysts forecast growth
Several stock research analysts have weighed in on the company. Peel Hunt reaffirmed a “buy” rating and issued a GBX 280 ($3.38) price target on JD Sports Fashion shares in a research report on Tuesday, April 12. Barclays cut its price target on JD Sports Fashion from GBX 240 ($2.90) to GBX 195 ($2.36) and set an “overweight” rating for the company in a research report on Monday, May 16. JPMorgan Chase & Co. cut its price target on JD Sports Fashion from GBX 210 ($2.54) to GBX 180 ($2.17) and set an “overweight” rating on the company in a research report Tuesday. of July. Royal Bank of Canada reaffirmed an “outperformance” rating and issued a GBX 200 ($2.42) price target for shares of JD Sports Fashion in a research report on Monday, May 30. Finally, Deutsche Bank Aktiengesellschaft lowered its price target on JD Sports Fashion from GBX 875 ($10.57) to GBX 735 ($8.88) and set a “buy” rating on the company in a research report on Thursday, July 14. Two investment analysts rated the shares a hold rating and eight gave the company’s shares a buy rating. According to data from MarketBeat.com, JD Sports Fashion currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 509.38 ($6.15).
JD Sports Fashion Company Profile
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JD Sports Fashion plc is engaged in the retail sale of branded sports fashion and outdoor clothing, footwear, accessories and equipment for children, women and men. It operates through the Sports Fashion and Outdoor segments. The company also retails leisure goods, sporting goods, fishing gear, watches, jewelry, camping gear, boats and bicycles, as well as distributes sports apparel and accessories, footwear and apparel.
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