Wickes Group (LON:WIX) Insider Mark George Sells 223,433 Shares of Stock

Wickes Group plc (LON:WIX) insider Mark George sold 223,433 shares of the business’s stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of GBX 220, for a total transaction of £491,552.60.

Wickes Group Stock Performance

Shares of LON WIX opened at GBX 229.16 on Friday. The firm has a 50 day moving average of GBX 227.18 and a 200 day moving average of GBX 226.52. The company has a current ratio of 1.07, a quick ratio of 0.58 and a debt-to-equity ratio of 551.57. The firm has a market capitalization of £515.70 million, a price-to-earnings ratio of 13.97, a price-to-earnings-growth ratio of 0.79 and a beta of 0.94. Wickes Group plc has a 12-month low of GBX 172.60 and a 12-month high of GBX 255.

Wickes Group (LON:WIX) last announced its earnings results on Tuesday, March 17th. The company reported GBX 17.40 earnings per share (EPS) for the quarter. Wickes Group had a net margin of 2.35% and a return on equity of 29.52%. On average, research analysts anticipate that Wickes Group plc will post 16.2278978 earnings per share for the current year.

Analyst Ratings Changes

WIX has been the subject of a number of recent analyst reports. Shore Capital Group reiterated a “buy” rating on shares of Wickes Group in a research report on Tuesday, March 17th. Jefferies Financial Group upped their price target on shares of Wickes Group from GBX 275 to GBX 278 and gave the stock a “buy” rating in a research report on Wednesday, March 18th. Citigroup upped their price target on shares of Wickes Group from GBX 200 to GBX 227 and gave the stock a “neutral” rating in a research report on Friday, January 23rd. Berenberg Bank reiterated a “buy” rating and issued a GBX 280 price target on shares of Wickes Group in a research report on Thursday. Finally, Canaccord Genuity Group upped their price target on shares of Wickes Group from GBX 250 to GBX 265 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Four equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 249.17.

About Wickes Group

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. Over the past few years Wickes has consistently outperformed the market, growing share and delivering a CAGR growth rate double that of the market.

At Wickes, we have a clear purpose, which is to ‘help the nation feel house proud’, and we do this by focusing on our three customer segments – Local Trade, Do-it-for-me and DIY retail.