Wickes Group (LON:WIX) Insider Michael Iddon Buys 15,317 Shares

Wickes Group plc (LON:WIX) insider Michael Iddon bought 15,317 shares of the stock in a transaction dated Friday, September 12th. The stock was acquired at an average price of GBX 196 per share, with a total value of £30,021.32.

Wickes Group Stock Performance

Shares of LON:WIX opened at GBX 198.80 on Wednesday. The business has a fifty day moving average of GBX 213.62 and a 200-day moving average of GBX 203.91. The firm has a market cap of £460.53 million, a PE ratio of 2,650.67, a price-to-earnings-growth ratio of 0.79 and a beta of 0.78. Wickes Group plc has a twelve month low of GBX 142.30 and a twelve month high of GBX 236. The company has a debt-to-equity ratio of 456.98, a quick ratio of 0.58 and a current ratio of 1.10.

Wickes Group (LON:WIX) last posted its quarterly earnings results on Wednesday, September 10th. The company reported GBX 10 earnings per share (EPS) for the quarter. Wickes Group had a return on equity of 19.39% and a net margin of 2.01%. On average, equities research analysts predict that Wickes Group plc will post 16.2278978 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on WIX shares. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 250 price target on shares of Wickes Group in a report on Wednesday, September 10th. Shore Capital restated a “buy” rating on shares of Wickes Group in a report on Wednesday, September 10th. Deutsche Bank Aktiengesellschaft cut Wickes Group to a “sell” rating and reduced their target price for the stock from GBX 205 to GBX 195 in a report on Tuesday, August 26th. Finally, Citigroup reduced their target price on Wickes Group from GBX 202 to GBX 200 and set a “neutral” rating on the stock in a report on Thursday, September 11th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of GBX 215.

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 228 stores across the UK, employing 7,400 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 £27 billion UK Home Improvement market.