Key Points
- Adrian Lewis sold 398 shares of Inchcape on April 9 at an average price of GBX 789, for a total transaction of £3,140.22.
- Company snapshot: Inchcape has a market cap of £2.82bn, a P/E of 11.07, reported quarterly EPS of GBX 80.80, and a 52‑week range of GBX 575–895 with 50/200‑day SMAs of GBX 818.63/776.78.
- Investor sentiment: The board approved a share repurchase program for open‑market purchases, and analysts hold a consensus "Moderate Buy" with an average price target of GBX 1,050 after recent upgrades (Citigroup to GBX 1,330; Deutsche Bank to GBX 830).
Inchcape plc (LON:INCH - Get Free Report) insider Adrian Lewis sold 398 shares of Inchcape stock in a transaction dated Thursday, April 9th. The shares were sold at an average price of GBX 789, for a total transaction of £3,140.22.
Inchcape Stock Up 0.5%
Shares of LON INCH opened at GBX 792.80 on Friday. The firm has a market cap of £2.82 billion, a price-to-earnings ratio of 11.07, a price-to-earnings-growth ratio of 2.06 and a beta of 0.89. Inchcape plc has a 52-week low of GBX 575 and a 52-week high of GBX 895. The company's 50-day simple moving average is GBX 818.63 and its 200-day simple moving average is GBX 776.78. The company has a quick ratio of 0.51, a current ratio of 1.07 and a debt-to-equity ratio of 100.56.
Inchcape (LON:INCH - Get Free Report) last posted its quarterly earnings results on Tuesday, March 3rd. The company reported GBX 80.80 earnings per share for the quarter. Inchcape had a net margin of 2.99% and a return on equity of 23.83%. Equities analysts predict that Inchcape plc will post 85.9639233 EPS for the current fiscal year.
Inchcape declared that its Board of Directors has approved a share repurchase program on Tuesday, March 3rd that permits the company to buyback 0 outstanding shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.
Analyst Upgrades and Downgrades
INCH has been the topic of a number of research analyst reports. Citigroup boosted their price target on shares of Inchcape from GBX 1,115 to GBX 1,330 and gave the company a "buy" rating in a research note on Thursday, March 5th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Inchcape from GBX 800 to GBX 830 and gave the company a "buy" rating in a report on Wednesday, March 4th. Four analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of GBX 1,050.
Check Out Our Latest Analysis on Inchcape
Inchcape Company Profile
(
Get Free Report)
Inchcape is the leading global automotive distributor, with operations across six continents. By combining our in-market expertise with our unique technology and advanced data analytics, we create innovative customer experiences that deliver outstanding performance for our partners – building stronger automotive brands and creating sustainable growth. Our distribution platform connects the products of mobility company partners with customers, and our responsibilities span product planning and pricing, import and logistics, brand and marketing to operating digital sales, managing physical sales and aftermarket service channels.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
