Insider Buying: J D Wetherspoon (LON:JDW) Insider Buys £144.62 in Stock

J D Wetherspoon plc (LON:JDW) insider Nigel Connor bought 14 shares of the firm’s stock in a transaction that occurred on Friday, October 16th. The shares were acquired at an average cost of GBX 1,033 per share, for a total transaction of £144.62.

J D Wetherspoon Stock Up 0.7%

LON JDW opened at GBX 1,032 on Monday. The stock’s 50 day moving average is GBX 853.54 and its 200 day moving average is GBX 729.72. The company has a current ratio of 0.23, a quick ratio of 0.19 and a debt-to-equity ratio of 353.03. J D Wetherspoon plc has a 12 month low of GBX 530.50 and a 12 month high of GBX 1,039. The stock has a market cap of £1.09 billion, a PE ratio of 18.17, a P/E/G ratio of 3.39 and a beta of 1.13.

J D Wetherspoon (LON:JDW) last posted its quarterly earnings results on Friday, October 2nd. The company reported GBX 51.60 earnings per share for the quarter. J D Wetherspoon had a return on equity of 17.99% and a net margin of 2.70%. Research analysts predict that J D Wetherspoon plc will post 52.85 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft boosted their target price on shares of J D Wetherspoon from GBX 460 to GBX 540 and gave the stock a “sell” rating in a report on Friday, October 2nd. Peel Hunt reiterated a “hold” rating and issued a GBX 800 price target on shares of J D Wetherspoon in a report on Friday, October 2nd. Finally, Shore Capital Group reiterated a “hold” rating and issued a GBX 813 price target on shares of J D Wetherspoon in a research note on Friday, October 2nd. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of GBX 748.25.

J D Wetherspoon Company Profile

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.