Key Points
- Insider sale: Director Duncan Cooper sold 6,591 shares of Travis Perkins on March 19 at GBX 564, generating proceeds of £37,173.24.
- Share performance and fundamentals: TPK was trading down about 5.1% (opened GBX 562) and the company shows weak profitability with a negative net margin (-3.86%), negative ROE (-9.35%) and a negative P/E of -21.29; market capitalization is about £1.19 billion.
- Analyst views: Opinions are mixed with an average rating of "Hold" and an average target of GBX 671.80 (three Buys, one Hold, one Sell), while individual targets have ranged from GBX 507 to GBX 750 after recent revisions.
Travis Perkins plc (LON:TPK - Get Free Report) insider Duncan Cooper sold 6,591 shares of Travis Perkins stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of GBX 564, for a total value of £37,173.24.
Travis Perkins Trading Down 5.1%
TPK stock opened at GBX 562 on Friday. Travis Perkins plc has a 1-year low of GBX 477.37 and a 1-year high of GBX 723.50. The company has a debt-to-equity ratio of 59.00, a current ratio of 1.72 and a quick ratio of 0.84. The company has a market capitalization of £1.19 billion, a price-to-earnings ratio of -21.29, a PEG ratio of 6.44 and a beta of 1.31. The business has a 50 day simple moving average of GBX 653.55 and a two-hundred day simple moving average of GBX 626.55.
Travis Perkins (LON:TPK - Get Free Report) last announced its quarterly earnings data on Tuesday, March 17th. The company reported GBX 30.80 earnings per share (EPS) for the quarter. Travis Perkins had a negative net margin of 3.86% and a negative return on equity of 9.35%. Research analysts anticipate that Travis Perkins plc will post 59.251837 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on TPK. JPMorgan Chase & Co. cut their target price on shares of Travis Perkins from GBX 720 to GBX 712 and set an "overweight" rating for the company in a research note on Monday, January 26th. Citigroup boosted their price target on shares of Travis Perkins from GBX 700 to GBX 750 and gave the stock a "buy" rating in a research note on Monday, January 26th. Finally, Jefferies Financial Group dropped their price objective on shares of Travis Perkins from GBX 531 to GBX 507 and set an "underperform" rating for the company in a report on Thursday. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, Travis Perkins presently has an average rating of "Hold" and an average target price of GBX 671.80.
View Our Latest Stock Analysis on Travis Perkins
About Travis Perkins
(
Get Free Report)
Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments. The company offers tools and building supplies. It also distributes pipeline products, as well as supplies managed services, and commercial and industrial heating and cooling solutions. In addition, the company provides in specialist civils and drainage solutions; and air-conditioning and refrigeration products and heat pumps. Further, it provides insulation and interior building products to interior building specialists, contractors, and builders; and kitchens and joinery products.
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