Insider Buying: JD Sports Fashion Plc (LON:JD) Insider Acquires 31,064 Shares of Stock

JD Sports Fashion Plc (LON:JD) insider Andy Long bought 31,064 shares of the stock in a transaction dated Thursday, November 21st. The shares were purchased at an average price of GBX 96 ($1.21) per share, for a total transaction of £29,821.44 ($37,553.76).

JD Sports Fashion Stock Down 2.1 %

JD stock opened at GBX 93.46 ($1.18) on Monday. The firm has a 50 day moving average price of GBX 134 and a 200-day moving average price of GBX 128.49. The company has a market cap of £4.84 billion, a price-to-earnings ratio of 934.60, a P/E/G ratio of 1.05 and a beta of 1.65. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 133.23.

JD Sports Fashion Cuts Dividend

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

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and issued a GBX 110 ($1.39) price objective on shares of JD Sports Fashion in a report on Friday. JPMorgan Chase & Co. downgraded shares of JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.32) price target on the stock. in a research note on Friday. Finally, Shore Capital reaffirmed a “buy” rating on shares of JD Sports Fashion in a report on Thursday. One analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 446 ($5.62).

About JD Sports Fashion

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.