Jd Sports Fashion Share Discussion Threads

[rampmeister] 03/7/2019 08:59

Market update advises all going well with their global expansion continuing apace. Think at least in line guidance will be upgraded to ahead by time of next results.

RM

[saint88] 19/6/2019 09:36

Do we know the impact of further tariffs on Nike and adidas costs and therefore JD sports?

[rampmeister] 12/6/2019 09:07

Understand JD will be providing a brief trading update to coincide with the AGM on 3rd July 2019.

RM

[1daveo] 12/6/2019 08:32

Thankyou for your advice, much appreciated. I know very little about shares tbh. I will ask some people who have a number of shares and take some advice. Thanks again.

[robertlunn83] 12/6/2019 07:56

I believe it goes in to the 100 on the 24th. In terms of whether it will go up, as I understand it, the big funds automatically buy FTSE100 shares and there can be a short lived rise when a share newly enters the 100, but it may be a short lived rise (all the above is just my opinion DYOR).

[robertoduran1] 09/6/2019 06:36

It usually goes down, for a short while.

[1daveo] 07/6/2019 11:17

When will JD enter the FTSE 100? Also, does anyone know if this usually has a significant impact on price? Sorry I bought a while ago and don't know much about these things

[leadersoffice] 31/5/2019 04:58

About to enter FTSE 100

[1daveo] 29/5/2019 18:40

Does anybody know why the drop today?

[rampmeister] 04/5/2019 08:07

Berenberg ups target price on 'top pick' JD Sports

Analysts at Berenberg upped their target price on retailer JD Sports on Wednesday, noting that several near-term tailwinds had helped the group pick up the pace from a jog to a sprint.

With JD Sports continuing to buck the trend in retail, management seems confident that its year has started well, and with accelerating momentum, weakening comparatives and near-term profit tailwinds on the horizon, Berenberg believed that more upgrades were set to follow.
The German broker raised its 2020/21 earnings per share forecasts by 3-4% to reflect stronger top-line momentum and, while investors may fear they have "missed the boat" on JD, the analysts maintained that absolute and relative valuation "remains attractive".
"We raise our price target to 690p (from 570p), valuing JD at a c20% sector premium, with c11% EPS CAGR, sector-leading cash generation and blue-sky upside from Finish Line. The stock remains our top pick in the sector," said Berenberg.
JD remains bullish about its long-term Finish Line opportunity, with a strong performance in 2019 supporting confidence, and Berenberg believes that in a 'blue sky' scenario EBIT margins could rise to as high as 11% - versus roughly 3% today - which would add a further 20% to earnings.


Berenberg also highlighted that JD's recent acquisition of Footasylum could add "up to 10% to earnings", going on to reiterate its 'buy' recommendation.

RM

[leadersoffice] 04/5/2019 05:44

£7.00 won't be to long in reaching

[rampmeister] 17/4/2019 10:53

Once the revised broker forecasts are out, we could be looking at 6,000m. revenue for current year. Nothing can stop this from going a lot higher imho.

RM

[momentum1] 17/4/2019 09:32

600p to fall in the next hour. Broker target 754p!

[vesna09] 17/4/2019 07:11

Great results. Cool place to buy trainers.I sometimes have to queue to enter their website at busy times.

[newtothisgame3] 17/4/2019 05:02

#JD. defies high street gloom with record results

[newtothisgame3] 17/4/2019 04:50

Here's Stifel.
#JD. #Sports

[newtothisgame3] 17/4/2019 04:43

#JD. Sports sales rise despite decline on UK high street
Sportswear retailer outperforms market as like-for-like revenue increases 6 per cent

[1daveo] 16/4/2019 08:27

Excellent results

[connorcampbell] 12/4/2019 13:31

!YOUTUBEVIDEO:yC7XWrmgcnE:
Will JD Sports have its racing shoes on following Tuesday’s full year results?

The pinnacle of January’s update was news that the firm’s full year group pre-tax profit would be at the upper end of the £325 million to £352 million guidance range. At a mid-point of £338.5 million, that’d be a 14.7% improvement on the previous year’s £295 million.

Tuesday’s full year report is also the first proper statement since JD Sports announced it was buying trainer-rival Footasylum for £90.1 million, an acquisition that still requires shareholder approval. An update on this purchase will be very much welcome, specifically what intentions the company has for the brand.

Read what Spreadex analysts have to say, or watch a 60 second earnings preview video, here:

[connorcampbell] 12/4/2019 13:31

Will JD Sports have its racing shoes on following Tuesday’s full year results?

The pinnacle of January’s update was news that the firm’s full year group pre-tax profit would be at the upper end of the £325 million to £352 million guidance range. At a mid-point of £338.5 million, that’d be a 14.7% improvement on the previous year’s £295 million.

Tuesday’s full year report is also the first proper statement since JD Sports announced it was buying trainer-rival Footasylum for £90.1 million, an acquisition that still requires shareholder approval. An update on this purchase will be very much welcome, specifically what intentions the company has for the brand.

Read what Spreadex analysts have to say, or watch a 60 second earnings preview video, here: hxxps://spreadex.com/?tid=389655

[1daveo] 09/4/2019 15:54

Anybody know why the drop?

[rampmeister] 09/4/2019 11:37

Current forecast from Sharecast based on share price 514.8 and consensus from 10 brokers where one advocates strong sell and 8 others strong buy.

Year Ending Revenue£m) Pre-tax(£m) EPS P/E PEG EPS Growth
2018-02-03 3,161.40 294.50 25.15p 14.5 0.5 32%

FORECAST
Year Ending Revenue£m) Pre-tax(£m) EPS P/E PEG EPS Growth
2019-01-31 4,564.45 349.17 27.74p 18.1 1.8 10%
2020-01-31 5,503.98 394.30 31.16p 16.2 1.3 12%
2021-01-31 5,905.88 436.59 34.61p 14.4 1.3 11%

with forecast revenue growth of nearly 100% over next 34 months still think there is plenty of value here for long term holders.

RM

[hawaly] 04/4/2019 16:40

Thanks - more details here: