Wickes Group plc (LON:WIX – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Thursday after the company announced a dividend. The stock traded as high as GBX 186 ($2.40) and last traded at GBX 182.77 ($2.36), with a volume of 1855642 shares changing hands. The stock had previously closed at GBX 171.60 ($2.22).
The newly announced dividend which will be paid on Friday, June 6th. Investors of record on Thursday, April 24th will be given a GBX 7.30 ($0.09) dividend. This is a boost from Wickes Group’s previous dividend of $3.60. The ex-dividend date of this dividend is Thursday, April 24th. This represents a yield of 4.01%. Wickes Group’s dividend payout ratio (DPR) is presently 88.93%.
Analyst Ratings Changes
Several equities analysts recently weighed in on the stock. Shore Capital reaffirmed a “not rated” rating on shares of Wickes Group in a research report on Thursday. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 198 ($2.56) price target on shares of Wickes Group in a research report on Thursday.
Wickes Group Stock Performance
The company’s 50-day simple moving average is GBX 167.58 and its 200 day simple moving average is GBX 161.52. The company has a current ratio of 1.10, a quick ratio of 0.58 and a debt-to-equity ratio of 456.98. The stock has a market cap of £411.03 million, a P/E ratio of 14.03, a PEG ratio of 0.79 and a beta of 0.78.
Wickes Group (LON:WIX – Get Free Report) last posted its earnings results on Thursday, March 20th. The company reported GBX 14.10 ($0.18) EPS for the quarter. Wickes Group had a net margin of 2.01% and a return on equity of 19.39%. As a group, sell-side analysts expect that Wickes Group plc will post 16.2278978 EPS for the current fiscal year.
Wickes Group Company Profile
Wickes is one of the UK’s best known home improvement retailers. Having opened our first store in 1972 we now have over 230 stores across the UK, employing 8,500 colleagues and offering products ranging from kitchens and bathrooms, to paint, tools and timber.
Wickes is a successful, growing, cash generative and profitable business, operating in the large and growing £25 billion UK Home Improvement market.
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