Key Points
- Insider purchase: Travis Perkins insider Jeremy (Jez) Maiden bought 1,483 shares at GBX 669 each, for a total of approximately £9,921.
- Market and financial performance: Shares opened at GBX 667.50 and were trading down 1.2%. The company reported quarterly EPS of GBX 15.10, while net margin and return on equity remained negative.
- Analyst sentiment is mixed: Price targets range from GBX 443 to GBX 710, with three Buy, one Hold, and two Sell ratings. The overall consensus rating is Hold, with an average target price of GBX 627.17.
Travis Perkins plc (LON:TPK - Get Free Report) insider Jeremy (Jez) Maiden purchased 1,483 shares of the company's stock in a transaction dated Thursday, August 6th. The shares were bought at an average price of GBX 669 per share, for a total transaction of £9,921.27.
Travis Perkins Trading Down 1.2%
Shares of LON TPK opened at GBX 667.50 on Tuesday. Travis Perkins plc has a 12-month low of GBX 493.40 and a 12-month high of GBX 723.50. The company has a current ratio of 1.66, a quick ratio of 0.84 and a debt-to-equity ratio of 56.92. The company has a market cap of £1.41 billion, a price-to-earnings ratio of -8.01, a price-to-earnings-growth ratio of 6.44 and a beta of 1.28. The stock's 50 day simple moving average is GBX 564.02 and its 200 day simple moving average is GBX 585.13.
Travis Perkins (LON:TPK - Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported GBX 15.10 EPS for the quarter. Travis Perkins had a negative net margin of 3.81% and a negative return on equity of 9.63%. Equities research analysts expect that Travis Perkins plc will post 59.251837 EPS for the current year.
Analyst Upgrades and Downgrades
Several equities research analysts have recently commented on TPK shares. JPMorgan Chase & Co. upped their target price on Travis Perkins from GBX 630 to GBX 710 and gave the company an "overweight" rating in a report on Friday. Jefferies Financial Group reissued an "underperform" rating and issued a GBX 443 price target on shares of Travis Perkins in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft boosted their price objective on Travis Perkins from GBX 470 to GBX 550 and gave the stock a "sell" rating in a report on Wednesday, August 5th. Berenberg Bank upped their price objective on shares of Travis Perkins from GBX 580 to GBX 650 and gave the company a "hold" rating in a research note on Wednesday, August 5th. Finally, Peel Hunt reiterated a "buy" rating and issued a GBX 660 target price on shares of Travis Perkins in a report on Tuesday, August 4th. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of GBX 627.17.
Read Our Latest Stock Analysis on TPK
Travis Perkins Company Profile
(
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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