JD Sports Fashion (LON:JD) Releases Earnings Results

JD Sports Fashion (LON:JD) released its quarterly earnings data on Wednesday. The company reported GBX 3.97 earnings per share for the quarter, Digital Look Earnings reports. JD Sports Fashion had a net margin of 3.17% and a return on equity of 14.97%.

JD Sports Fashion Trading Up 6.4%

JD opened at GBX 78.72 on Wednesday. The stock has a market capitalization of £4.08 billion, a P/E ratio of 787.20, a P/E/G ratio of 1.05 and a beta of 1.65. The business has a 50 day moving average of GBX 86.35 and a 200-day moving average of GBX 80.24. The company has a debt-to-equity ratio of 133.23, a quick ratio of 0.71 and a current ratio of 1.42.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 100 price target on shares of JD Sports Fashion in a research report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 95 target price on shares of JD Sports Fashion in a research note on Thursday, September 3rd. Berenberg Bank cut their price objective on JD Sports Fashion from GBX 155 to GBX 150 and set a “buy” rating for the company in a report on Friday, August 21st. JPMorgan Chase & Co. decreased their price objective on shares of JD Sports Fashion from GBX 90 to GBX 86 and set a “neutral” rating on the stock in a research report on Friday, August 21st. Finally, Citigroup lifted their target price on shares of JD Sports Fashion from GBX 83 to GBX 87 and gave the company a “neutral” rating in a research report on Friday, August 21st. Three analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of GBX 191.89.

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. It offers its products under the JD, Size?, Footpatrol, Finish Line, Shoe Palace, DTLR, Livestock, Sprinter, Sport Zone, Sizeer, JD Gyms, Tessuti, Scotts, Go Outdoors, Blacks, Millets, Tiso, Ultimate Outdoors, Fishing Republic, and Naylors brands.