3 FTSE 100 Shares Trading Near 52-Week Highs: BT Group plc, NEXT plc And Kingfisher plc

Despite the market setback, shares in BT Group plc (LON:BT.A), NEXT plc (LON:NXT) and Kingfisher plc (LON:KGF) are all trading within 5% of a high for the year.

| More on:

The content of this article was relevant at the time of publishing. Circumstances change continuously and caution should therefore be exercised when relying upon any content contained within this article.

When investing, your capital is at risk. The value of your investments can go down as well as up and you may get back less than you put in.

Read More

The content of this article is provided for information purposes only and is not intended to be, nor does it constitute, any form of personal advice. Investments in a currency other than sterling are exposed to currency exchange risk. Currency exchange rates are constantly changing, which may affect the value of the investment in sterling terms. You could lose money in sterling even if the stock price rises in the currency of origin. Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, and may have other tax implications, and may not provide the same, or any, regulatory protection as in the UK.

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More.


Shares in telecoms giant BT (LSE: BT-A) (NYSE: BT.US) are up 46% in the last 12 months. This revival has taken the shares close to a 10-year high.

Last month, BT reported a strong set of numbers for the year ending March 2013. Although revenues were down 2%, adjusted profit before tax rose 21%. The consensus earnings per share (EPS) forecast for the full year is 25.8p. That puts the shares on a 2014 price-to-earnings (P/E) ratio of 12. More growth is expected next year, bringing the P/E down to 11 times forecast earnings.

The recent share price rise has pushed BT shares beyond their usual ‘high yield’ status. The expected payout for the year equates to a yield of 3.5%, similar to the average FTSE 100 share.


NEXT (LSE: NXT) continues to knock spots off its high-street competition. The market’s regard for the company is manifested in its share price. So far this year, shares in NEXT are up 23%. In the last month, as the market has corrected, NEXT has outperformed the index by 6%.

A trading statement issued in May has helped underpin confidence further. Although the cold weather knocked shop sales down 2%, online and Directory sales were 9% ahead on last year.

The company is forecast to grow EPS and dividends this year and next. That puts the shares on a prospective P/E for this year of 14.4, with a 2.5% dividend. That’s a small premium to pay for such a clear winner.


Kingfisher (LSE: KGF) is the retail group behind B&Q and Screwfix. The shares have had a good run in 2013 and are up 21%. Like NEXT, Kingfisher has also avoided the market correction of the past month. The shares are a smidgen (1%) ahead.

If the EPS forecast of 23.5p is met, that would be the second successive year that the company has reported falling earnings. On the other hand, a fifth successive dividend rise is forecast, pushing the yield on the shares to 2.9%. The forward P/E of 14.5 appears generous.

That said, the group is reporting impressive growth in China and Russia. Screwfix also continues to deliver double-digit growth.

If you are looking for shares that can continue to win in the long-term, then check out the analysis in The Motley Fool’s latest report “5 Shares To Retire On”. This research report is 100% free. To get your copy click here and start reading today.

> David does not own shares in any of the companies mentioned.

Should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice.

More on Investing Articles

Midnight is celebrated along the River Thames in London with a spectacular and colourful firework display.
Investing Articles

Nvidia shares hit a new high after record earnings. Is there a lot more to come?

Nvidia stock smashes expectations, as quarterly profit soars 600%. It's time for a 10-for-one stock split too, as it reaches…

Read more »

Abstract 3d arrows with rocket
Investing Articles

Scottish Mortgage shares rise following FY update! Time to buy?

Scottish Mortgage (LON:SMT) shares were closing in on 900p today after a positive full-year report from the giant FTSE 100…

Read more »

British Isles on nautical map
Investing For Beginners

It’s time! Here’s my FTSE 100 hit list for the general election

Jon Smith outlines the potential reaction for the FTSE 100 from the upcoming general election and the main stocks he's…

Read more »

Investing Articles

National Grid reveals £7bn rights issue and the share price plunges – should I invest now?

The National Grid share price has dropped almost 10% and a dividend cut is looming, but it may be a…

Read more »

Young mixed-race woman jumping for joy in a park with confetti falling around her
Investing Articles

Nvidia stock is becoming more affordable!

Nvidia stock is up 2,500% over five years, but the chip giant’s share split -- announced during its earnings report…

Read more »

Investing Articles

Are Rolls-Royce shares good for passive income?

Our writer is getting mixed messages about the Rolls-Royce dividend. But whatever happens, he thinks passive income hunters will be…

Read more »

Investing Articles

Could the Rolls-Royce share price end 2024 above £5?

As the Rolls-Royce share price continues its remarkable run, our writer considers where it might be at the end of…

Read more »

Investing Articles

UK stocks are hitting all-time highs! Yet these 2 still look cheap to me

The FTSE 100's on a roll. But it's still possible to pick bargain UK stocks, provided we know where to…

Read more »