Insider Buying: JD Sports Fashion Plc (LON:JD) Insider Buys 109,933 Shares of Stock

JD Sports Fashion Plc (LON:JD) insider Regis Schultz acquired 109,933 shares of the company’s stock in a transaction on Tuesday, January 14th. The stock was bought at an average price of GBX 90 ($1.10) per share, for a total transaction of £98,939.70 ($121,101.22).

JD Sports Fashion Stock Down 6.4 %

JD stock opened at GBX 90.18 ($1.10) on Thursday. The company has a debt-to-equity ratio of 133.23, a current ratio of 1.42 and a quick ratio of 0.71. The business has a 50 day simple moving average of GBX 103.46 and a 200 day simple moving average of GBX 121.78. The company has a market capitalization of £4.67 billion, a P/E ratio of 901.80, a price-to-earnings-growth ratio of 1.05 and a beta of 1.65.

JD Sports Fashion Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 6th. Investors of record on Thursday, November 7th were issued a dividend of GBX 0.33 ($0.00) per share. This represents a dividend yield of 0.25%. The ex-dividend date of this dividend was Thursday, November 7th. JD Sports Fashion’s dividend payout ratio is currently 1,000.00%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on JD shares. JPMorgan Chase & Co. lowered shares of JD Sports Fashion to a “neutral” rating and set a GBX 105 ($1.29) price objective on the stock. in a research note on Friday, November 22nd. Deutsche Bank Aktiengesellschaft reissued a “sell” rating and issued a GBX 110 ($1.35) target price on shares of JD Sports Fashion in a research report on Friday, November 22nd. Finally, Shore Capital reissued a “buy” rating on shares of JD Sports Fashion in a research report on Tuesday. One analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 446 ($5.46).

JD Sports Fashion Company Profile

JD Sports Fashion plc engages in the retail of branded sports fashion and outdoor clothing, footwear, accessories, and equipment for kids, women, and men. It operates through Sports Fashion and Outdoor segments. The company also retails leisure goods, sports goods, fishing gear, camping goods, boats, and bicycles, as well as distributes sports apparel and accessories, footwear, and apparel.