J D Wetherspoon (LON:JDW) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

J D Wetherspoon plc (LON:JDW)’s stock price crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 698.78 and traded as high as GBX 844. J D Wetherspoon shares last traded at GBX 813.50, with a volume of 3,126,231 shares trading hands.

Key J D Wetherspoon News

Here are the key news stories impacting J D Wetherspoon this week:

• Positive Sentiment: Annual revenue rose 5.2% to approximately £2.24 billion, while recent like-for-like sales growth provided evidence of continued customer demand. Wetherspoon Revenue Rises 5.2% as Higher Costs Reduce Annual Profit
• Positive Sentiment: The stock reached a new 52-week high, indicating strong market momentum and continued investor interest in the pub operator. J D Wetherspoon Hits New 52-Week High
• Neutral Sentiment: Peel Hunt and Shore Capital both reaffirmed “hold” ratings, with price targets of GBX 800 and GBX 813 respectively. These targets suggest limited upside after the recent share-price strength. J D Wetherspoon Given Hold Rating at Peel Hunt Shore Capital Reaffirms Hold Rating
• Negative Sentiment: Annual pre-tax profit fell 28% as wage, operating and other cost pressures increased. Chairman Tim Martin also highlighted the impact of higher taxes, showing that sales growth is not fully translating into earnings. Wetherspoon Annual Pre-Tax Profit Falls 28%
• Negative Sentiment: Reported quarterly earnings were GBX 51.60 per share, alongside a low 2.52% net margin, reinforcing concerns about thin profitability and sensitivity to further cost inflation. J D Wetherspoon Earnings Slide Deck

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on JDW. Shore Capital Group reissued a “hold” rating and issued a GBX 813 target price on shares of J D Wetherspoon in a research report on Friday. Peel Hunt restated a “hold” rating and set a GBX 800 target price on shares of J D Wetherspoon in a report on Friday. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, J D Wetherspoon presently has a consensus rating of “Hold” and a consensus price target of GBX 728.25.

J D Wetherspoon Stock Up 8.7%

The firm has a market cap of £931.26 million, a price-to-earnings ratio of 15.55, a P/E/G ratio of 3.39 and a beta of 1.13. The company has a debt-to-equity ratio of 358.49, a quick ratio of 0.19 and a current ratio of 0.30. The firm has a fifty day simple moving average of GBX 808.53 and a 200-day simple moving average of GBX 699.92.

J D Wetherspoon (LON:JDW) last issued its quarterly earnings data on Friday, October 2nd. The company reported GBX 51.60 earnings per share (EPS) for the quarter. J D Wetherspoon had a return on equity of 15.81% and a net margin of 2.52%. As a group, sell-side analysts expect that J D Wetherspoon plc will post 52.8508772 EPS for the current year.

J D Wetherspoon Company Profile

J D Wetherspoon owns and operates pubs and hotels throughout the UK and Ireland. The company aims to provide customers with good-quality food and drinks, served by well-trained and friendly staff, at reasonable prices.

The pubs are individually designed, and the company aims to maintain them in excellent condition.