JD Sports Fashion (LON:JD) Receives Buy Rating from Shore Capital

Shore Capital restated their buy rating on shares of JD Sports Fashion (LON:JD) in a report released on Thursday, Marketbeat.com reports.

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and set a GBX 110 ($1.39) price objective on shares of JD Sports Fashion in a report on Friday, August 23rd. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, JD Sports Fashion presently has an average rating of “Moderate Buy” and a consensus target price of GBX 446 ($5.62).

JD Sports Fashion Stock Performance

JD opened at GBX 93.46 ($1.18) on Thursday. The company has a debt-to-equity ratio of 133.23, a quick ratio of 0.71 and a current ratio of 1.42. The company’s fifty day moving average price is GBX 134 and its two-hundred day moving average price is GBX 128.49. The stock has a market cap of £4.84 billion, a PE ratio of 934.60, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65.

JD Sports Fashion Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, December 6th. Shareholders of record on Thursday, November 7th will be issued a dividend of GBX 0.33 ($0.00) per share. This represents a yield of 0.25%. The ex-dividend date of this dividend is Thursday, November 7th. JD Sports Fashion’s dividend payout ratio is presently 1,000.00%.

Insider Transactions at JD Sports Fashion

In related news, insider Andy Long purchased 31,064 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The stock was bought at an average price of GBX 96 ($1.21) per share, for a total transaction of £29,821.44 ($37,553.76). Insiders own 51.91% of the company’s stock.

JD Sports Fashion Company Profile

JD Sports Fashion plc engages in the retail of branded sports fashion and outdoor clothing, footwear, accessories, and equipment for kids, women, and men. It operates through Sports Fashion and Outdoor segments. The company also retails leisure goods, sports goods, fishing gear, camping goods, boats, and bicycles, as well as distributes sports apparel and accessories, footwear, and apparel.