Shore Capital Reaffirms “Hold” Rating for J D Wetherspoon (LON:JDW)

J D Wetherspoon (LON:JDW)‘s stock had its “hold” rating reiterated by equities research analysts at Shore Capital in a research note issued on Wednesday,Digital Look reports.

Several other equities research analysts have also recently weighed in on the company. Deutsche Bank Aktiengesellschaft boosted their target price on J D Wetherspoon from GBX 450 to GBX 490 and gave the stock a “sell” rating in a research note on Friday, July 11th. Peel Hunt reissued a “hold” rating and set a GBX 700 price objective on shares of J D Wetherspoon in a report on Wednesday. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, J D Wetherspoon currently has a consensus rating of “Reduce” and a consensus price target of GBX 595.

J D Wetherspoon Stock Performance

LON:JDW opened at GBX 634.50 on Wednesday. J D Wetherspoon has a 12 month low of GBX 526 and a 12 month high of GBX 814.50. The company has a debt-to-equity ratio of 283.19, a current ratio of 0.35 and a quick ratio of 0.19. The firm has a market capitalization of £668.80 million, a PE ratio of 11.17, a price-to-earnings-growth ratio of 3.39 and a beta of 1.34. The business’s fifty day moving average price is GBX 664.26 and its 200 day moving average price is GBX 708.59.

J D Wetherspoon (LON:JDW) last announced its quarterly earnings results on Friday, October 3rd. The company reported GBX 50.80 earnings per share (EPS) for the quarter. J D Wetherspoon had a return on equity of 12.66% and a net margin of 2.40%. On average, sell-side analysts anticipate that J D Wetherspoon will post 52.8508772 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Harry Morley purchased 7,500 shares of the company’s stock in a transaction that occurred on Wednesday, October 8th. The shares were purchased at an average price of GBX 624 per share, for a total transaction of £46,800. Over the last ninety days, insiders bought 7,610 shares of company stock valued at $4,755,376. 28.39% of the stock is owned by corporate insiders.

J D Wetherspoon Company Profile

J D Wetherspoon owns and operates pubs and hotels throughout the UK and Ireland. The company aims to provide customers with good-quality food and drinks, served by well-trained and friendly staff, at reasonable prices.

The pubs are individually designed, and the company aims to maintain them in excellent condition.