Shore Capital Reaffirms “Hold” Rating for J D Wetherspoon (LON:JDW)

Shore Capital reaffirmed their hold rating on shares of J D Wetherspoon (LON:JDW) in a research report report published on Friday morning,Digital Look reports.

J D Wetherspoon Price Performance

Shares of LON JDW opened at GBX 541 ($6.99) on Friday. J D Wetherspoon has a 1-year low of GBX 526 ($6.79) and a 1-year high of GBX 812.50 ($10.49). The business has a 50-day moving average of GBX 599.65 and a 200-day moving average of GBX 636.73. The company has a debt-to-equity ratio of 283.19, a current ratio of 0.35 and a quick ratio of 0.19. The company has a market capitalization of £634.65 million, a price-to-earnings ratio of 13.77, a PEG ratio of 3.39 and a beta of 1.34.

J D Wetherspoon Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 1st will be given a GBX 4 ($0.05) dividend. This represents a dividend yield of 0.67%. The ex-dividend date is Thursday, May 1st. J D Wetherspoon’s payout ratio is 30.53%.

About J D Wetherspoon

J D Wetherspoon plc owns and operates pubs and hotels in the United Kingdom and the Republic of Ireland. The company was founded in 1979 and is based in Watford, the United Kingdom.