NEXT (LON:NXT) Releases Quarterly Earnings Results

NEXT (LON:NXT) released its quarterly earnings results on Thursday. The company reported GBX 364.30 earnings per share (EPS) for the quarter, Digital Look Earnings reports. NEXT had a return on equity of 52.86% and a net margin of 12.87%.

NEXT Trading Up 2.2%

LON NXT traded up GBX 325 on Thursday, hitting £148.85. 1,224,370 shares of the stock were exchanged, compared to its average volume of 4,533,817. The company has a debt-to-equity ratio of 108.79, a quick ratio of 1.07 and a current ratio of 1.76. The stock has a fifty day moving average price of £151.15 and a two-hundred day moving average price of £139.51. The firm has a market capitalization of £16.99 billion, a P/E ratio of 19.97, a P/E/G ratio of 5.66 and a beta of 1.04. NEXT has a 52-week low of £112 and a 52-week high of £161.75.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on NXT shares. Citigroup increased their target price on shares of NEXT from £132 to £155 and gave the stock a “neutral” rating in a report on Thursday, August 6th. Berenberg Bank raised their price objective on shares of NEXT from £180 to £187 and gave the company a “buy” rating in a research report on Thursday, August 6th. Shore Capital Group reaffirmed a “buy” rating and issued a £175 target price on shares of NEXT in a report on Thursday. JPMorgan Chase & Co. raised their price target on NEXT from £130.30 to £140.40 and gave the company a “neutral” rating in a report on Thursday, August 6th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a £140 price objective on shares of NEXT in a research report on Thursday, August 6th. Three investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of £153.55.

Insider Activity

In related news, insider Jeni Mundy acquired 160 shares of the stock in a transaction on Tuesday, August 11th. The stock was bought at an average cost of £155.45 per share, with a total value of £24,872. Also, insider Jonathan Blanchard sold 18,012 shares of the business’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of £148.02, for a total value of £2,666,136.24. Corporate insiders own 1.47% of the company’s stock.

Key Headlines Impacting NEXT

Here are the key news stories impacting NEXT this week:

• Positive Sentiment: Shore Capital reaffirmed its “buy” rating on NEXT and maintained a £175 price target, indicating meaningful potential upside from the stock’s recent trading level and reinforcing investor confidence. Shore Capital reaffirms NEXT buy rating
• Positive Sentiment: NEXT’s reported profitability metrics—particularly its strong return on equity and double-digit net margin—support the view that the retailer continues to generate solid shareholder returns and maintain healthy operating performance.
• Neutral Sentiment: Several other entries concern WWE’s NXT wrestling brand, including title challengers, tournaments and upcoming matches. These stories are unrelated to NEXT plc (LON:NXT) and should not influence the company’s stock valuation.

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.