J D Wetherspoon (LON:JDW) Releases Earnings Results

J D Wetherspoon (LON:JDW) announced its earnings results on Friday. The company reported GBX 51.60 EPS for the quarter, Digital Look Earnings reports. J D Wetherspoon had a return on equity of 15.81% and a net margin of 2.52%.

J D Wetherspoon Trading Up 6.9%

JDW stock opened at GBX 869.50 on Friday. The company has a market capitalization of £916.51 million, a PE ratio of 15.31, a P/E/G ratio of 3.39 and a beta of 1.13. J D Wetherspoon has a 12 month low of GBX 530.50 and a 12 month high of GBX 885.50. The firm’s 50-day moving average is GBX 808.53 and its 200 day moving average is GBX 699.92. The company has a debt-to-equity ratio of 358.49, a current ratio of 0.30 and a quick ratio of 0.19.

Wall Street Analysts Forecast Growth

Several research analysts have commented on JDW shares. Shore Capital Group reaffirmed a “hold” rating and set a GBX 813 price objective on shares of J D Wetherspoon in a research note on Friday. Peel Hunt restated a “hold” rating and issued a GBX 800 target price on shares of J D Wetherspoon in a report on Friday. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, J D Wetherspoon presently has an average rating of “Hold” and a consensus price target of GBX 728.25.

About J D Wetherspoon

J D Wetherspoon owns and operates pubs and hotels throughout the UK and Ireland. The company aims to provide customers with good-quality food and drinks, served by well-trained and friendly staff, at reasonable prices.

The pubs are individually designed, and the company aims to maintain them in excellent condition.