J D Wetherspoon (LON:JDW) Given “Hold” Rating at Shore Capital

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

Other analysts have also recently issued reports about the company. Peel Hunt reissued a “hold” rating and issued a GBX 700 price target on shares of J D Wetherspoon in a report on Wednesday. Deutsche Bank Aktiengesellschaft increased their price objective on J D Wetherspoon from GBX 450 to GBX 490 and gave the stock a “sell” rating in a research report on Friday, July 11th. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of GBX 595.

J D Wetherspoon Price Performance

Shares of JDW opened at GBX 634.50 on Wednesday. J D Wetherspoon has a fifty-two week low of GBX 526 and a fifty-two week high of GBX 814.50. The company has a market capitalization of £668.80 million, a price-to-earnings ratio of 11.17, a price-to-earnings-growth ratio of 3.39 and a beta of 1.34. The firm has a 50-day simple moving average of GBX 664.26 and a 200-day simple moving average of GBX 708.59. The company has a debt-to-equity ratio of 283.19, a quick ratio of 0.19 and a current ratio of 0.35.

J D Wetherspoon (LON:JDW) last issued 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, equities research analysts anticipate that J D Wetherspoon will post 52.8508772 earnings per share for the current year.

Insiders Place Their Bets

In other news, insider Harry Morley purchased 7,500 shares of the company’s stock in a transaction dated Wednesday, October 8th. The stock was acquired at an average price of GBX 624 per share, for a total transaction of £46,800. Insiders acquired a total of 7,610 shares of company stock valued at $4,755,376 over the last quarter. 28.39% of the stock is currently owned by corporate insiders.

About J D Wetherspoon

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.