JD Sports Fashion (LON:JD) Issues Earnings Results

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

JD Sports Fashion Stock Up 3.0%

Shares of JD stock opened at GBX 76.44 on Friday. The firm has a market capitalization of £3.96 billion, a P/E 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 company’s 50 day moving average is GBX 85.98 and its 200 day moving average is GBX 80.25.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on JD. JPMorgan Chase & Co. cut their price target on shares of JD Sports Fashion from GBX 90 to GBX 86 and set a “neutral” rating on the stock in a report on Friday, August 21st. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 100 price objective on shares of JD Sports Fashion in a report on Monday, August 3rd. Berenberg Bank reissued a “buy” rating and set a GBX 150 target price on shares of JD Sports Fashion in a research report on Thursday. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 95 target price on shares of JD Sports Fashion in a report on Thursday, September 3rd. Finally, Citigroup boosted their price target on JD Sports Fashion from GBX 83 to GBX 87 and gave the stock a “neutral” rating in a research report on Friday, August 21st. Three analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price 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.