JD Sports Fashion Plc (LON:JD) Insider Acquires £29,821.44 in Stock

JD Sports Fashion Plc (LON:JD) insider Andy Long purchased 31,064 shares of the business’s stock in a transaction dated Thursday, November 21st. The stock was purchased at an average price of GBX 96 ($1.21) per share, for a total transaction of £29,821.44 ($37,553.76).

JD Sports Fashion Stock Down 2.1 %

JD stock opened at GBX 93.46 ($1.18) on Monday. The company has a market capitalization of £4.84 billion, a P/E ratio of 934.60, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65. The company has a fifty day moving average of GBX 134 and a 200 day moving average of GBX 128.49. The company has a debt-to-equity ratio of 133.23, a quick ratio of 0.71 and a current ratio of 1.42.

JD Sports Fashion Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, December 6th. Investors of record on Thursday, November 7th will be paid a GBX 0.33 ($0.00) dividend. The ex-dividend date is Thursday, November 7th. This represents a dividend yield of 0.25%. JD Sports Fashion’s dividend payout ratio is presently 1,000.00%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. JPMorgan Chase & Co. lowered JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.32) target price on the stock. in a research report on Friday. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and issued a GBX 110 ($1.39) price objective on shares of JD Sports Fashion in a report on Friday. Finally, Shore Capital restated a “buy” rating on shares of JD Sports Fashion in a report on Thursday. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, JD Sports Fashion currently has a consensus rating of “Moderate Buy” and an average price target of GBX 446 ($5.62).

About JD Sports Fashion

JD Sports Fashion plc engages in the retail of branded sports fashion and outdoor clothing, footwear, accessories, and equipment for kids, women, and men. It operates through Sports Fashion and Outdoor segments. The company also retails leisure goods, sports goods, fishing gear, camping goods, boats, and bicycles, as well as distributes sports apparel and accessories, footwear, and apparel.