Key Points
- Insider Robin Freestone bought 2,455 shares on March 3 at an average of GBX 4,051, spending a total of £99,452.05.
- Intertek reported quarterly EPS of GBX 255.90 and shows solid profitability with a return on equity of 31.07% and a net margin of 10.01%.
- Analysts have trimmed targets (Jefferies to GBX 4,800; Citi to GBX 5,717), leaving a consensus rating of Moderate Buy and an average price target of GBX 5,169.50.
Intertek Group plc (LON:ITRK - Get Free Report) insider Robin Freestone acquired 2,455 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The shares were bought at an average cost of GBX 4,051 per share, with a total value of £99,452.05.
Intertek Group Stock Up 0.2%
Intertek Group stock opened at GBX 4,044 on Friday. The company has a market capitalization of £6.21 billion, a PE ratio of 18.09, a price-to-earnings-growth ratio of 1.99 and a beta of 0.66. The company has a debt-to-equity ratio of 152.20, a quick ratio of 1.19 and a current ratio of 1.08. Intertek Group plc has a fifty-two week low of GBX 3,882 and a fifty-two week high of GBX 5,335. The firm has a 50 day moving average price of GBX 4,517.04 and a 200 day moving average price of GBX 4,676.78.
Intertek Group (LON:ITRK - Get Free Report) last released its quarterly earnings results on Tuesday, March 3rd. The company reported GBX 255.90 EPS for the quarter. Intertek Group had a return on equity of 31.07% and a net margin of 10.01%. Research analysts expect that Intertek Group plc will post 263.7305699 earnings per share for the current year.
Analysts Set New Price Targets
ITRK has been the topic of a number of recent research reports. Jefferies Financial Group cut their price target on shares of Intertek Group from GBX 5,800 to GBX 4,800 and set a "buy" rating on the stock in a research note on Thursday. Citigroup cut their target price on shares of Intertek Group from GBX 5,847 to GBX 5,717 and set a "buy" rating on the stock in a research note on Thursday. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of GBX 5,169.50.
Get Our Latest Report on ITRK
About Intertek Group
(
Get Free Report)
Intertek is a leading Total Quality Assurance provider to industries worldwide.
Our network of more than 1,000 laboratories and offices in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers' operations and supply chains.
Intertek is a purpose-led company to Bring Quality, Safety and Sustainability to Life. We provide 24/7 mission-critical quality assurance solutions to our clients to ensure that they can operate with well-functioning supply chains in each of their operations.
Our Customer Promise is: Intertek Total Quality Assurance expertise, delivered consistently, with precision, pace and passion, enabling our customers to power ahead safely.
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