JD Sports Fashion (LON:JD) Posts Quarterly Earnings Results

JD Sports Fashion (LON:JD) released its earnings results on Wednesday. The company reported GBX 3.97 EPS for the quarter, Digital Look Earnings reports. JD Sports Fashion had a return on equity of 14.97% and a net margin of 3.17%.

JD Sports Fashion Stock Performance

Shares of LON JD traded up GBX 2.22 during mid-day trading on Friday, hitting GBX 76.44. The stock had a trading volume of 11,846,113 shares, compared to its average volume of 393,791. The stock has a market cap of £3.96 billion, a price-to-earnings ratio of 764.40, a PEG ratio of 1.05 and a beta of 1.65. 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 stock’s fifty day moving average price is GBX 85.98 and its 200 day moving average price is GBX 80.25.

Analyst Ratings Changes

A number of research firms have recently issued reports on JD. JPMorgan Chase & Co. dropped their price target on JD Sports Fashion from GBX 90 to GBX 86 and set a “neutral” rating on the stock in a research note on Friday, August 21st. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 100 price target on shares of JD Sports Fashion in a research report on Monday, August 3rd. Shore Capital Group reissued a “hold” rating and set a GBX 75 price objective on shares of JD Sports Fashion in a research report on Monday. Berenberg Bank restated a “buy” rating and issued a GBX 150 price objective on shares of JD Sports Fashion in a research note on Thursday. Finally, Citigroup lifted their target price on JD Sports Fashion from GBX 83 to GBX 87 and gave the company a “neutral” rating in a research report on Friday, August 21st. Three research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of GBX 191.89.

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. It offers its products under the JD, Size?, Footpatrol, Finish Line, Shoe Palace, DTLR, Livestock, Sprinter, Sport Zone, Sizeer, JD Gyms, Tessuti, Scotts, Go Outdoors, Blacks, Millets, Tiso, Ultimate Outdoors, Fishing Republic, and Naylors brands.