Kingfisher (LON:KGF) Shares Down 12.2% – What’s Next?

Kingfisher plc (LON:KGF)’s stock price fell 12.2% during mid-day trading on Tuesday . The stock traded as low as GBX 244.40 ($3.15) and last traded at GBX 245.57 ($3.16). 363,399,813 shares traded hands during mid-day trading, an increase of 805% from the average session volume of 40,163,273 shares. The stock had previously closed at GBX 279.70 ($3.60).

Kingfisher Trading Down 0.2 %

The company has a debt-to-equity ratio of 7.12, a current ratio of 1.26 and a quick ratio of 0.27. The business’s 50 day simple moving average is GBX 251.17 and its 200 day simple moving average is GBX 270.47. The stock has a market cap of £4.31 billion, a P/E ratio of 13.00, a PEG ratio of 2.87 and a beta of 0.96.

Kingfisher (LON:KGF) last announced its quarterly earnings results on Tuesday, March 25th. The home improvement retailer reported GBX 20.70 ($0.27) earnings per share for the quarter. Kingfisher had a return on equity of 5.23% and a net margin of 2.68%. On average, analysts expect that Kingfisher plc will post 23.6949924 earnings per share for the current fiscal year.

Kingfisher Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be issued a dividend of GBX 19.72 ($0.25) per share. This is a positive change from Kingfisher’s previous dividend of $3.80. The ex-dividend date is Thursday, March 27th. This represents a dividend yield of 3.44%. Kingfisher’s dividend payout ratio (DPR) is presently 63.94%.

Kingfisher Company Profile

Kingfisher plc is an international home improvement company with over 2,000 stores, supported by a team of over 78,000 colleagues. We operate in eight countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçtaş. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.