NEXT (LON:NXT) Sets New 1-Year High – Still a Buy?

Shares of NEXT plc (LON:NXT) reached a new 52-week high on Thursday . The company traded as high as £149.02 and last traded at £148.62, with a volume of 440855 shares. The stock had previously closed at £147.65.

NEXT News Roundup

Here are the key news stories impacting NEXT this week:

• Positive Sentiment: NEXT shares moved above their 200-day moving average, a technical signal that can attract momentum buyers and support further upside. NEXT (LON:NXT) Stock Passes Above 200-Day Moving Average – Time to Sell?
• Neutral Sentiment: Multiple articles mention WWE NXT programming updates, including title street fights, a title challenger announcement, and Reina Volcan’s in-ring debut, but these refer to the wrestling brand rather than the retail company NEXT plc. WWE NXT preview (7/14/26): Start time, match card, how to watch & live stream
• Neutral Sentiment: Additional NXT wrestling headlines about match cards and championship bouts are unlikely to affect NEXT plc’s fundamentals or valuation, but they may briefly confuse ticker-based news filters. WWE Confirms NXT Championship Street Fight For Next Week

Analyst Ratings Changes

NXT has been the subject of a number of research reports. Shore Capital Group reissued a “buy” rating on shares of NEXT in a research note on Wednesday, May 6th. Citigroup cut their target price on NEXT from £135.42 to £132 and set a “neutral” rating on the stock in a report on Wednesday, April 8th. Berenberg Bank reissued a “buy” rating and issued a £180 price target on shares of NEXT in a research report on Friday, May 15th. Finally, UBS Group restated a “buy” rating and set a £152 price target on shares of NEXT in a research note on Wednesday, March 25th. Three equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of £140.97.

NEXT Price Performance

The company has a debt-to-equity ratio of 108.79, a quick ratio of 1.07 and a current ratio of 1.76. The business has a 50 day simple moving average of £137.93 and a 200-day simple moving average of £134.01. The firm has a market cap of £17.13 billion, a price-to-earnings ratio of 20.13, a P/E/G ratio of 5.66 and a beta of 1.04.

Insider Activity at NEXT

In related news, insider Amy Stirling bought 375 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The shares were bought at an average price of £133.06 per share, with a total value of £49,897.50. Also, insider Jonathan Blanchard sold 18,012 shares of the company’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of £148.02, for a total value of £2,666,136.24. 1.66% of the stock is owned by insiders.

NEXT Company Profile

Founded as a tailoring business in Leeds in 1864 by Joseph Hepworth and Son, today, the company offers clothing, footwear, accessories, beauty and home products to our UK and International customers.

NEXT has over 500 stores in the United Kingdom and Eire, and over 180 franchise branches across Europe, Asia and the Middle East. The company’s main divisions are NEXT Online, NEXT Retail and NEXT Finance. We also launched Total Platform, an online, distribution, tech and logistics solution, in 2020.