Key Points
- Insider purchase: Director Will Hoy bought 809 Luceco shares on May 5 at GBX 222 each, a total value of about £1,795.98.
- Analysts remain positive: Berenberg and Deutsche Bank recently raised targets to GBX 200 and GBX 225, three analysts rate the stock a "Buy," and the average price target is GBX 205.
- Valuation and recent results: Luceco has a market cap of ~£351.8m and a P/E of 17.84; last quarter EPS was GBX 15 with a net margin of 7.48% and ROE of 20.71%, and the 1‑year price range is GBX 111.60–242 (opened ~GBX 239).
Luceco plc (LON:LUCE - Get Free Report) insider Will Hoy bought 809 shares of the firm's stock in a transaction that occurred on Tuesday, May 5th. The stock was purchased at an average cost of GBX 222 per share, with a total value of £1,795.98.
Luceco Price Performance
LON:LUCE opened at GBX 239 on Friday. Luceco plc has a 1-year low of GBX 111.60 and a 1-year high of GBX 242. The company has a current ratio of 1.90, a quick ratio of 1.51 and a debt-to-equity ratio of 60.83. The firm has a fifty day simple moving average of GBX 186.02 and a 200 day simple moving average of GBX 156.67. The stock has a market capitalization of £351.78 million, a PE ratio of 17.84, a P/E/G ratio of 0.62 and a beta of 1.25.
Luceco (LON:LUCE - Get Free Report) last released its earnings results on Wednesday, March 25th. The company reported GBX 15 earnings per share for the quarter. Luceco had a net margin of 7.48% and a return on equity of 20.71%. On average, research analysts expect that Luceco plc will post 12.5907591 EPS for the current fiscal year.
Analyst Ratings Changes
Several equities analysts recently weighed in on the stock. Berenberg Bank raised their target price on shares of Luceco from GBX 175 to GBX 200 and gave the company a "buy" rating in a research note on Wednesday, March 25th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Luceco from GBX 220 to GBX 225 and gave the company a "buy" rating in a research note on Thursday, March 26th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of GBX 205.
Check Out Our Latest Research Report on Luceco
Luceco Company Profile
(
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Luceco plc manufactures and distributes wiring accessories and LED lighting and portable power products in the United Kingdom, Europe, the Middle East, the Americas, the Asia Pacific, and Africa. It offers wiring accessories, including switches and sockets, circuit protection products, outdoor wiring devices, junction boxes, cable management products, and commercial power and accessories under the British General and Nexus brands. The company also provides LED lighting products, such as residential and commercial, interior and exterior, mains and solar, and work and site lighting products under the Luceco, Kingfisher Lighting, and DW Windsor brand names; and portable power products comprising electric vehicle chargers, extension leads, cable reels, and adapters and accessories under the Masterplug, Ross, and Sync EV brands.
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