North West (TSE:NWC) Price Target Raised to C$52.00

North West (TSE:NWC) had its price objective upped by TD Securities from C$47.00 to C$52.00 in a research report released on Tuesday morning, BayStreet.CA reports.

A number of other equities analysts have also commented on NWC. Jefferies Financial Group raised their price objective on shares of North West from C$41.00 to C$43.00 and gave the stock a neutral rating in a research note on Friday, April 12th. BMO Capital Markets lifted their price target on North West from C$41.00 to C$44.00 in a report on Thursday, June 6th. Royal Bank of Canada upped their price target on North West from C$38.00 to C$40.00 in a research report on Thursday, April 11th. Finally, CIBC raised their price objective on North West from C$43.00 to C$44.00 and gave the stock a neutral rating in a research report on Thursday, June 6th. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, North West has a consensus rating of Hold and an average price target of C$44.60.

North West Stock Up 1.1 %

Shares of North West stock opened at C$43.83 on Tuesday. The company has a quick ratio of 0.64, a current ratio of 2.01 and a debt-to-equity ratio of 57.45. North West has a 12-month low of C$29.58 and a 12-month high of C$44.03. The firm has a market capitalization of C$2.09 billion, a PE ratio of 16.42, a price-to-earnings-growth ratio of 1.11 and a beta of 0.62. The stock’s fifty day moving average is C$40.61 and its 200-day moving average is C$39.71.

North West (TSE:NWC) last posted its quarterly earnings data on Wednesday, June 5th. The company reported C$0.53 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.54 by C($0.01). North West had a return on equity of 19.84% and a net margin of 5.23%. The company had revenue of C$617.52 million for the quarter. Equities analysts anticipate that North West will post 3.3474801 earnings per share for the current year.

North West Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, July 15th. Shareholders of record on Friday, June 28th were paid a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 3.56%. The ex-dividend date of this dividend was Friday, June 28th. North West’s dividend payout ratio (DPR) is presently 58.43%.

Insiders Place Their Bets

In other news, Director George Mcconnell Daniel sold 5,665 shares of the firm’s stock in a transaction on Friday, June 14th. The shares were sold at an average price of C$42.54, for a total transaction of C$240,989.10. In related news, Senior Officer Walter Pickett sold 767 shares of the firm’s stock in a transaction on Monday, June 10th. The shares were sold at an average price of C$42.64, for a total value of C$32,704.88. Also, Director George Mcconnell Daniel sold 5,665 shares of the business’s stock in a transaction on Friday, June 14th. The stock was sold at an average price of C$42.54, for a total transaction of C$240,989.10. Insiders sold 11,662 shares of company stock valued at $497,015 over the last ninety days. Corporate insiders own 0.10% of the company’s stock.

North West Company Profile

The North West Company Inc, through its subsidiaries, engages in the retail of food and everyday products and services to rural communities and urban neighborhood markets in northern Canada, rural Alaska, the South Pacific, and the Caribbean. The company operates Northern stores, which offers food, financial services, and general merchandise; NorthMart stores that provides fresh food products, apparel, and health products and services; and Quickstop convenience stores that provides ready-to-eat food products, and fuel and related services.