NEXT’s (NXT) Not Rated Rating Reiterated at Shore Capital

Shore Capital reiterated their not rated rating on shares of NEXT (LON:NXT) in a report released on Thursday, MarketBeat.com reports.

NEXT Stock Down 4.0 %

NXT stock opened at GBX 9,976 ($131.78) on Thursday. NEXT has a twelve month low of GBX 6,746 ($89.11) and a twelve month high of £111.04 ($146.68). The company has a current ratio of 1.97, a quick ratio of 1.07 and a debt-to-equity ratio of 117.65. The company has a market capitalization of £11.93 billion, a P/E ratio of 1,520.73, a PEG ratio of 5.66 and a beta of 1.37. The firm has a 50 day simple moving average of GBX 9,659.22 and a 200-day simple moving average of GBX 9,257.52.

NEXT Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, January 3rd. Investors of record on Thursday, December 5th will be given a dividend of GBX 75 ($0.99) per share. This represents a dividend yield of 0.73%. The ex-dividend date is Thursday, December 5th. NEXT’s dividend payout ratio is currently 3,155.49%.

About NEXT

NEXT plc engages in the retail of clothing, beauty, footwear, and home products in the United Kingdom, rest of Europe, the Middle East, Asia, and internationally. The company operates through NEXT Retail; NEXT Online; NEXT Finance; Total Platform; Property Management; and Franchise, Sourcing, and other segments.