George Mcconnell Daniel Sells 5,665 Shares of The North West Company Inc. (TSE:NWC) Stock

The North West Company Inc. (TSE:NWC) Director George Mcconnell Daniel sold 5,665 shares of the firm’s stock in a transaction dated Friday, June 14th. The stock was sold at an average price of C$42.54, for a total transaction of C$240,989.10.

North West Price Performance

Shares of TSE:NWC opened at C$41.54 on Friday. The North West Company Inc. has a 52 week low of C$29.58 and a 52 week high of C$43.79. The company has a current ratio of 2.01, a quick ratio of 0.64 and a debt-to-equity ratio of 57.45. The firm has a market capitalization of C$1.98 billion, a P/E ratio of 15.56, a PEG ratio of 1.11 and a beta of 0.62. The firm’s 50 day moving average is C$39.42 and its two-hundred day moving average is C$39.29.

North West (TSE:NWC) last posted its quarterly earnings data on Wednesday, April 10th. The company reported C$0.71 EPS for the quarter. North West had a net margin of 5.23% and a return on equity of 19.84%. The business had revenue of C$643.11 million for the quarter. Analysts anticipate that The North West Company Inc. will post 3.3474801 earnings per share for the current year.

North West Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 28th will be paid a dividend of $0.39 per share. The ex-dividend date is Friday, June 28th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 3.76%. North West’s dividend payout ratio is presently 58.43%.

Wall Street Analysts Forecast Growth

NWC has been the topic of a number of recent research reports. Jefferies Financial Group raised their target price on shares of North West from C$41.00 to C$43.00 and gave the stock a “neutral” rating in a report on Friday, April 12th. CIBC raised their price target on shares of North West from C$43.00 to C$44.00 and gave the company a “neutral” rating in a research note on Thursday, June 6th. Royal Bank of Canada raised their price target on shares of North West from C$38.00 to C$40.00 in a research note on Thursday, April 11th. BMO Capital Markets raised their price target on shares of North West from C$41.00 to C$44.00 in a research note on Thursday, June 6th. Finally, TD Securities raised their price target on shares of North West from C$45.00 to C$47.00 and gave the company a “buy” rating in a research note on Thursday, June 6th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of C$43.60.

About North West

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.