J D Wetherspoon (LON:JDW) Stock Keeps Hold Rating at Peel Hunt

J D Wetherspoon (LON:JDW)‘s stock had its “hold” rating reaffirmed by research analysts at Peel Hunt in a research report issued on Friday, Digital Look reports. They presently have a GBX 800 price target on the stock. Peel Hunt’s price target would suggest a potential downside of 9.45% from the company’s current price.

Separately, Shore Capital Group reissued a “hold” rating and set a GBX 813 price target on shares of J D Wetherspoon in a research note on Friday. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of GBX 728.25.

J D Wetherspoon Price Performance

Shares of LON:JDW opened at GBX 883.50 on Friday. J D Wetherspoon has a 12 month low of GBX 530.50 and a 12 month high of GBX 915. The company’s 50-day moving average price is GBX 811.86 and its two-hundred day moving average price is GBX 701.58. The company has a quick ratio of 0.19, a current ratio of 0.23 and a debt-to-equity ratio of 353.03. The firm has a market cap of £931.26 million, a P/E ratio of 15.55, a P/E/G ratio of 3.39 and a beta of 1.13.

J D Wetherspoon (LON:JDW) last posted its quarterly earnings data on Friday, October 2nd. The company reported GBX 51.60 earnings per share for the quarter. J D Wetherspoon had a net margin of 2.70% and a return on equity of 17.99%. As a group, research analysts forecast that J D Wetherspoon will post 52.8508772 EPS for the current fiscal year.

J D Wetherspoon News Roundup

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%

J D Wetherspoon Company Profile

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.