J D Wetherspoon (LON:JDW) Sets New 52-Week High – Should You Buy?

Shares of J D Wetherspoon plc (LON:JDW) hit a new 52-week high during mid-day trading on Tuesday. The company traded as high as GBX 1,049 and last traded at GBX 1,048, with a volume of 206,971 shares. The stock had previously closed at GBX 1,032.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Shore Capital Group reiterated a “hold” rating and set a GBX 813 target price on shares of J D Wetherspoon in a research note on Friday, October 2nd. Peel Hunt restated a “hold” rating and issued a GBX 800 price target on shares of J D Wetherspoon in a research report on Friday, October 2nd. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective 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. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of GBX 748.25.

J D Wetherspoon Price Performance

The company has a market cap of £1.08 billion, a P/E ratio of 18.10, a P/E/G ratio of 3.39 and a beta of 1.13. The stock has a 50-day simple moving average of GBX 868.42 and a 200 day simple moving average of GBX 739.74. The company has a debt-to-equity ratio of 353.03, a quick ratio of 0.19 and a current ratio of 0.23.

J D Wetherspoon (LON:JDW) last issued its earnings results on Friday, October 2nd. The company reported GBX 51.60 EPS for the quarter. J D Wetherspoon had a return on equity of 17.99% and a net margin of 2.70%. On average, equities analysts expect that J D Wetherspoon plc will post 52.85 EPS for the current year.

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.