NEXT (LON:NXT) Issues Quarterly Earnings Results

NEXT (LON:NXT) posted 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 net margin of 13.77% and a return on equity of 55.99%.

NEXT Trading Down 0.4 %

Shares of LON:NXT opened at £109.96 ($142.36) on Friday. The company has a current ratio of 1.68, a quick ratio of 1.07 and a debt-to-equity ratio of 76.08. NEXT has a 52 week low of GBX 8,598 ($111.32) and a 52 week high of £111.04 ($143.76). The company has a market cap of £12.94 billion, a PE ratio of 16.54, a P/E/G ratio of 5.66 and a beta of 1.37. The company’s 50 day moving average is GBX 9,824.71 and its two-hundred day moving average is GBX 9,868.12.

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 paid a GBX 208 ($2.69) dividend. The ex-dividend date is Thursday, July 17th. This is a boost from NEXT’s previous dividend of $75.00. This represents a dividend yield of 1.08%. NEXT’s payout ratio is presently 32.49%.

Analyst Ratings Changes

Separately, Shore Capital reissued a “buy” rating on shares of NEXT in a research report 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.