Kingfisher (LON:KGF) Shares Down 14.2% – Time to Sell?

Kingfisher plc (LON:KGF)’s stock price fell 14.2% during mid-day trading on Tuesday . The stock traded as low as GBX 238.70 ($3.07) and last traded at GBX 240.10 ($3.09). 369,245,438 shares traded hands during mid-day trading, an increase of 817% from the average session volume of 40,262,352 shares. The stock had previously closed at GBX 279.70 ($3.60).

Kingfisher Stock Performance

The company has a debt-to-equity ratio of 7.12, a current ratio of 1.26 and a quick ratio of 0.27. The stock has a 50-day moving average price of GBX 251.17 and a 200-day moving average price of GBX 270.47. The company has a market capitalization of £4.29 billion, a price-to-earnings ratio of 12.94, a PEG ratio of 2.87 and a beta of 0.96.

Kingfisher (LON:KGF) last posted its quarterly earnings results on Tuesday, March 25th. The home improvement retailer reported GBX 20.70 ($0.27) earnings per share for the quarter. Kingfisher had a return on equity of 5.23% and a net margin of 2.68%. As a group, analysts forecast that Kingfisher plc will post 23.6949924 earnings per share for the current year.

Kingfisher Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Thursday, March 27th will be paid a dividend of GBX 19.72 ($0.25) per share. This represents a dividend yield of 3.44%. The ex-dividend date of this dividend is Thursday, March 27th. This is a boost from Kingfisher’s previous dividend of $3.80. Kingfisher’s dividend payout ratio (DPR) is currently 63.94%.

About Kingfisher

Kingfisher plc is an international home improvement company with over 2,000 stores, supported by a team of over 78,000 colleagues. We operate in eight countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçtaş. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.