Insider Buying: NEXT (LON:NXT) Insider Acquires 186 Shares of Stock

Key Points

  • Insider purchase: NEXT insider Jeremy Stakol acquired 186 shares on December 1 at GBX 3,869 per share, totaling £7,196.34.
  • Recent performance and valuation: NEXT has a market cap of £16.38 billion, a PE ratio of 21.37, reported quarterly EPS of GBX 324.20 with a return on equity of 55.99%, and its shares were trading around £141.
  • Analyst consensus: Two analysts rate NEXT a Buy and four rate it a Hold, yielding an average rating of "Hold" and an average target price of £140.63.

NEXT plc (LON:NXT - Get Free Report) insider Jeremy Stakol acquired 186 shares of the stock in a transaction dated Monday, December 1st. The stock was bought at an average price of GBX 3,869 per share, for a total transaction of £7,196.34.

NEXT Price Performance

NEXT stock opened at £141 on Tuesday. The company has a debt-to-equity ratio of 76.08, a current ratio of 1.68 and a quick ratio of 1.07. The company has a market capitalization of £16.38 billion, a PE ratio of 21.37, a price-to-earnings-growth ratio of 5.66 and a beta of 1.37. NEXT plc has a one year low of GBX 9,028 and a one year high of £146.40. The business has a 50 day simple moving average of £133.72 and a 200 day simple moving average of £126.72.

NEXT (LON:NXT - Get Free Report) last released its quarterly earnings data on Thursday, September 18th. The company reported GBX 324.20 earnings per share (EPS) for the quarter. NEXT had a return on equity of 55.99% and a net margin of 13.77%. On average, sell-side analysts forecast that NEXT plc will post 660.7526882 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have weighed in on NXT shares. Deutsche Bank Aktiengesellschaft upped their price objective on shares of NEXT from £108 to £116 and gave the stock a "hold" rating in a research note on Tuesday, August 26th. Peel Hunt reaffirmed a "hold" rating and set a £130 price target on shares of NEXT in a report on Tuesday, November 25th. JPMorgan Chase & Co. lifted their price objective on NEXT from £117 to £130.30 and gave the company a "neutral" rating in a research report on Thursday, October 30th. Berenberg Bank boosted their price objective on NEXT from £147 to £178 and gave the stock a "buy" rating in a research note on Wednesday, October 29th. Finally, UBS Group restated a "buy" rating and set a £142 target price on shares of NEXT in a report on Friday, September 5th. Two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, NEXT currently has an average rating of "Hold" and an average target price of £140.63.




Get Our Latest Stock Analysis on NEXT

NEXT Company Profile

(Get Free Report)

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.

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