Kingfisher (LON:KGF) Trading Down 13.5% – Time to Sell?

Kingfisher plc (LON:KGF)’s stock price was down 13.5% on Tuesday . The stock traded as low as GBX 238.70 ($3.07) and last traded at GBX 241.97 ($3.12). Approximately 1,843,341,875 shares were traded during trading, an increase of 2,725% from the average daily volume of 65,247,035 shares. The stock had previously closed at GBX 279.70 ($3.60).

Kingfisher Stock Performance

The company has a current ratio of 1.26, a quick ratio of 0.27 and a debt-to-equity ratio of 7.12. The stock has a fifty day moving average price of GBX 251.17 and a 200-day moving average price of GBX 270.47. The firm has a market capitalization of £4.37 billion, a price-to-earnings ratio of 13.18, a PEG ratio of 2.87 and a beta of 0.96.

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

Kingfisher Increases Dividend

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

Kingfisher Company Profile

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.