NEXT (LON:NXT) Given Buy Rating at Shore Capital Group

Shore Capital Group reaffirmed their buy rating on shares of NEXT (LON:NXT) in a research report sent to investors on Thursday morning, Marketbeat Ratings reports.

Several other research firms have also issued reports on NXT. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of NEXT in a report on Wednesday, January 7th. Jefferies Financial Group reaffirmed a “hold” rating and set a £140 price objective on shares of NEXT in a research report on Wednesday, January 7th. Finally, UBS Group reiterated a “buy” rating and set a £152 price objective on shares of NEXT in a research note on Wednesday. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, NEXT currently has a consensus rating of “Hold” and a consensus price target of £141.97.

NEXT Stock Up 0.7%

Shares of NEXT stock opened at £126.25 on Thursday. NEXT has a 1 year low of £105.05 and a 1 year high of £146.40. The firm has a market cap of £14.61 billion, a price-to-earnings ratio of 19.14, a PEG ratio of 5.66 and a beta of 1.13. The company has a 50-day moving average of £130.07 and a 200 day moving average of £132.37. The company has a debt-to-equity ratio of 117.05, a current ratio of 1.74 and a quick ratio of 1.07.

NEXT (LON:NXT) last posted its quarterly earnings data on Thursday, March 26th. The company reported GBX 760.10 EPS for the quarter. NEXT had a net margin of 12.28% and a return on equity of 35.14%. As a group, sell-side analysts anticipate that NEXT will post 660.7526882 earnings per share for the current fiscal year.

Trending Headlines about NEXT

Here are the key news stories impacting NEXT this week:

• Positive Sentiment: Quarterly results: NEXT reported quarterly EPS of GBX 760.10 and showed a strong return on equity (35.14%) and a healthy net margin (12.28%), numbers that support earnings quality and likely helped sentiment today. Quarterly results
• Positive Sentiment: Broker support: UBS and Shore Capital both reaffirmed “buy” ratings this week; UBS specifically keeps a £152 price target, which provides an upward valuation anchor for investors. Broker ratings
• Neutral Sentiment: Analyst/street note: Recent coverage (Yahoo/finance piece) frames NEXT as “repricing its story” around finer assumptions and risks — useful context for investors but mixed in directional implication. Repricing story
• Negative Sentiment: Technical and liquidity signals: today’s volume (≈3.06M shares) is below the stock’s average volume (≈6.66M), and the share price remains under the 50‑day (£130.34) and 200‑day (£132.41) moving averages—factors that could limit momentum if selling resumes.
• Negative Sentiment: Leverage: NEXT’s debt-to-equity ratio (~117%) is elevated for a retailer and raises sensitivity to interest rates and margin pressure, which could weigh on sentiment if macro headwinds intensify.

About NEXT

Founded as a tailoring business in Leeds in 1864 by Joseph Hepworth and Son, today, the company offers clothing, footwear, accessories, beauty and home products to our UK and International customers.

NEXT has over 500 stores in the United Kingdom and Eire, and over 180 franchise branches across Europe, Asia and the Middle East. The company’s main divisions are NEXT Online, NEXT Retail and NEXT Finance. We also launched Total Platform, an online, distribution, tech and logistics solution, in 2020.