Key Points
- Insider purchase: J Sainsbury insider Katie Bickerstaffe bought 5,732 shares at GBX 347 each, spending approximately £19,890.
- Financial performance: The grocer reported quarterly earnings of GBX 9.50 per share, while analysts expect full-year EPS of GBX 25.72.
- Analyst outlook: J Sainsbury has a “Moderate Buy” consensus rating from six analysts, with a consensus price target of GBX 360.17 versus a Friday opening price of GBX 352.10.
J Sainsbury plc (LON:SBRY - Get Free Report) insider Katie Bickerstaffe purchased 5,732 shares of the company's stock in a transaction that occurred on Thursday, October 22nd. The shares were purchased at an average price of GBX 347 per share, for a total transaction of £19,890.04.
J Sainsbury Price Performance
Shares of SBRY stock opened at GBX 352.10 on Friday. The business's fifty day moving average is GBX 337.18 and its 200 day moving average is GBX 332.17. The company has a quick ratio of 0.53, a current ratio of 0.56 and a debt-to-equity ratio of 107.33. The stock has a market cap of £7.67 billion, a price-to-earnings ratio of 20.83, a PEG ratio of 0.42 and a beta of 1.00. J Sainsbury plc has a twelve month low of GBX 293.70 and a twelve month high of GBX 380.30.
J Sainsbury (LON:SBRY - Get Free Report) last announced its quarterly earnings data on Thursday, October 22nd. The grocer reported GBX 9.50 EPS for the quarter. J Sainsbury had a return on equity of 6.12% and a net margin of 1.14%. Research analysts expect that J Sainsbury plc will post 25.72 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several research analysts recently issued reports on the stock. Citigroup increased their price target on shares of J Sainsbury from GBX 330 to GBX 346 and gave the stock a "neutral" rating in a research note on Friday, August 7th. Royal Bank Of Canada reissued an "outperform" rating and set a GBX 375 price objective on shares of J Sainsbury in a research note on Thursday, July 2nd. Jefferies Financial Group reissued a "hold" rating and set a GBX 310 price objective on shares of J Sainsbury in a research note on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 390 price objective on shares of J Sainsbury in a report on Tuesday, October 6th. Finally, UBS Group reaffirmed a "buy" rating and set a GBX 395 target price on shares of J Sainsbury in a research note on Friday, June 26th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of GBX 360.17.
Check Out Our Latest Stock Analysis on J Sainsbury
About J Sainsbury
(
Get Free Report)
J Sainsbury plc is one of the UK's leading food, general merchandise and clothing retailers.
Offering delicious, great quality food at competitive prices has been at the heart of what we do since we opened our first store in 1869. Today, inspiring and delighting our customers with tasty food remains our priority. Our purpose is that driven by our passion for food, together we serve and help every customer.
Our focus on great value food and convenient shopping, whether in-store or online is supported by our brands – Argos, Habitat, Tu, Nectar and Sainsbury's Bank.
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