NEXT (LON:NXT) Releases Earnings Results

NEXT (LON:NXT) released its quarterly earnings data on Thursday. The company reported GBX 615.10 ($7.96) earnings per share for the quarter, Digital Look Earnings reports. NEXT had a return on equity of 55.99% and a net margin of 13.77%.

NEXT Stock Down 0.3 %

LON:NXT opened at £110 ($142.38) on Friday. The company has a market cap of £12.95 billion, a PE ratio of 16.55, a PEG ratio of 5.66 and a beta of 1.37. The stock has a 50-day simple moving average of GBX 9,859.02 and a 200 day simple moving average of GBX 9,875.93. The company has a debt-to-equity ratio of 76.08, a quick ratio of 1.07 and a current ratio of 1.68. NEXT has a 52-week low of GBX 8,598 ($111.29) and a 52-week high of £111.04 ($143.72).

NEXT Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, August 25th. Stockholders of record on Thursday, July 17th will be given a dividend of GBX 208 ($2.69) per share. This is a boost from NEXT’s previous dividend of $75.00. This represents a dividend yield of 1.08%. The ex-dividend date is Thursday, July 17th. NEXT’s dividend payout ratio is currently 32.49%.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “buy” rating on shares of NEXT in a research note on Thursday.

About NEXT

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.