J D Wetherspoon (LON:JDW) Earns “Hold” Rating from Shore Capital Group

J D Wetherspoon (LON:JDW)‘s stock had its “hold” rating reaffirmed by research analysts at Shore Capital Group in a research report issued on Friday, Digital Look reports. They currently have a GBX 813 target price on the stock. Shore Capital Group’s price target would suggest a potential downside of 7.98% from the stock’s current price.

J D Wetherspoon Stock Performance

LON JDW opened at GBX 883.50 on Friday. The firm has a market cap of £931.26 million, a price-to-earnings ratio of 15.55, a PEG 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 915. The company has a 50-day simple moving average of GBX 811.86 and a two-hundred day simple moving average of GBX 701.20. The company has a quick ratio of 0.19, a current ratio of 0.30 and a debt-to-equity ratio of 358.49.

J D Wetherspoon (LON:JDW) last posted its quarterly earnings results on Friday, October 2nd. The company reported GBX 51.60 earnings per share (EPS) for the quarter. J D Wetherspoon had a return on equity of 15.81% and a net margin of 2.52%. On average, equities analysts forecast that J D Wetherspoon will post 52.8508772 EPS for the current year.

More J D Wetherspoon News

Here are the key news stories impacting J D Wetherspoon this week:

• Positive Sentiment: Annual revenue increased 5.2% to approximately £2.24 billion, with sales surpassing £2 billion. The company also reported positive like-for-like sales momentum over the latest nine-week period, indicating continued customer demand. Wetherspoon Revenue Rises 5.2% as Higher Costs Reduce Annual Profit
• Positive Sentiment: The stock reached a new 52-week high, reflecting strong recent momentum. It is trading above both its 50-day and 200-day moving averages, suggesting that investor sentiment remains supportive despite the weaker profit outlook. J D Wetherspoon Hits New 52-Week High
• Neutral Sentiment: J D Wetherspoon reported quarterly EPS of GBX 51.60, a net margin of 2.52% and return on equity of 15.81%. These figures show profitability remains positive, although margins are thin for a highly leveraged operator.
• Neutral Sentiment: Peel Hunt and Shore Capital both reaffirmed “hold” ratings, with price targets of GBX 800 and GBX 813 respectively. The recommendations suggest analysts see limited near-term upside after the recent share-price advance. J D Wetherspoon Given Hold Rating at Peel Hunt Shore Capital Reaffirms Hold Rating
• Negative Sentiment: Annual pre-tax profit fell 28% as wage, utility, business-rate and other operating costs increased. Chairman Tim Martin also highlighted the impact of higher taxes, meaning sales growth is not translating into comparable earnings growth. Wetherspoon Annual Pre-Tax Profit Falls 28%

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.