Key Points
- Insider sale: Mark George sold 223,433 shares on April 8 at an average price of GBX 220, totaling £491,552.60.
- Shares trade around GBX 229, near their 50- and 200-day moving averages (~GBX 227), with a market cap of £515.7m and a P/E of 13.97.
- Analyst outlook: The consensus is a "Moderate Buy" with an average target of GBX 249.17 after several firms raised targets (up to GBX 278); ratings include four Buys, one Hold and one Sell.
Wickes Group plc (LON:WIX - Get Free Report) insider Mark George sold 223,433 shares of the company's stock in a transaction on Wednesday, April 8th. The stock was sold at an average price of GBX 220, for a total transaction of £491,552.60.
Wickes Group Price Performance
Shares of LON:WIX opened at GBX 229.16 on Friday. The company has a debt-to-equity ratio of 551.57, a quick ratio of 0.58 and a current ratio of 1.07. The firm has a fifty day moving average price of GBX 227.18 and a 200 day moving average price of GBX 226.52. Wickes Group plc has a fifty-two week low of GBX 172.60 and a fifty-two week high of GBX 255. The firm has a market cap of £515.70 million, a price-to-earnings ratio of 13.97, a P/E/G ratio of 0.79 and a beta of 0.94.
Wickes Group (LON:WIX - Get Free Report) last issued its earnings results on Tuesday, March 17th. The company reported GBX 17.40 earnings per share for the quarter. Wickes Group had a net margin of 2.35% and a return on equity of 29.52%. As a group, sell-side analysts expect that Wickes Group plc will post 16.2278978 earnings per share for the current fiscal year.
Analysts Set New Price Targets
WIX has been the subject of a number of research reports. Shore Capital Group restated a "buy" rating on shares of Wickes Group in a research report on Tuesday, March 17th. Berenberg Bank restated a "buy" rating and set a GBX 280 target price on shares of Wickes Group in a research report on Thursday. Citigroup upped their target price on shares of Wickes Group from GBX 200 to GBX 227 and gave the stock a "neutral" rating in a research report on Friday, January 23rd. Canaccord Genuity Group upped their price target on shares of Wickes Group from GBX 250 to GBX 265 and gave the company a "buy" rating in a research note on Thursday, March 19th. Finally, Jefferies Financial Group upped their price target on shares of Wickes Group from GBX 275 to GBX 278 and gave the company a "buy" rating in a research note on Wednesday, March 18th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Wickes Group presently has a consensus rating of "Moderate Buy" and an average price target of GBX 249.17.
View Our Latest Stock Analysis on Wickes Group
About Wickes Group
(
Get Free Report)
Wickes is one of the UK's best known home improvement retailers. Having opened our first store in 1972 we now have 228 stores across the UK, employing 7,400 colleagues and offering products ranging from kitchens and bathrooms, to paint, tools and timber.
Wickes is a successful, growing, cash generative and profitable business, operating in the large and growing £27 billion UK Home Improvement market. Over the past few years Wickes has consistently outperformed the market, growing share and delivering a CAGR growth rate double that of the market.
At Wickes, we have a clear purpose, which is to ‘help the nation feel house proud', and we do this by focusing on our three customer segments - Local Trade, Do-it-for-me and DIY retail.
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