Key Points
- Insider purchase: Director Iain Percival bought 123,757 shares on February 16 at an average price of GBX 80, a transaction totaling £99,005.60.
- Stock and financials: Trifast opened at GBX 81 (52-week range GBX 56–88.80) with a market cap of £109.33m and a P/E of 93.10; the company reported quarterly EPS of GBX 1.09 but showed a negative return on equity (3.47%) and a negative net margin (1.90%).
- Analyst view: Two analysts rate the stock a Buy, and the MarketBeat consensus price target is GBX 135.
Trifast plc (LON:TRI - Get Free Report) insider Iain Percival purchased 123,757 shares of the business's stock in a transaction dated Monday, February 16th. The shares were purchased at an average price of GBX 80 per share, for a total transaction of £99,005.60.
Trifast Stock Performance
Trifast stock opened at GBX 81 on Wednesday. Trifast plc has a 52 week low of GBX 56 and a 52 week high of GBX 88.80. The company has a debt-to-equity ratio of 48.54, a quick ratio of 1.78 and a current ratio of 3.46. The firm has a market capitalization of £109.33 million, a price-to-earnings ratio of 93.10 and a beta of 1.16. The company has a 50 day moving average price of GBX 74.47 and a 200 day moving average price of GBX 76.93.
Trifast (LON:TRI - Get Free Report) last released its earnings results on Tuesday, November 18th. The company reported GBX 1.09 earnings per share (EPS) for the quarter. Trifast had a negative return on equity of 3.47% and a negative net margin of 1.90%. Research analysts forecast that Trifast plc will post 5.8002937 EPS for the current year.
Analyst Ratings Changes
A number of equities research analysts have commented on TRI shares. Berenberg Bank restated a "buy" rating and set a GBX 130 price objective on shares of Trifast in a research report on Tuesday, November 18th. Peel Hunt reiterated a "buy" rating and issued a GBX 140 price objective on shares of Trifast in a research note on Tuesday, November 18th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Trifast has a consensus rating of "Buy" and a consensus price target of GBX 135.
Read Our Latest Analysis on Trifast
Trifast Company Profile
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About Trifast
In 2023, TR celebrated 50 years of business with a proud heritage of serving customers with engineered fastening supply chain solutions; Our skills lie in the design, engineering, manufacture, and distribution of high-quality engineered fastenings and Category 'C' components principally for major global assembly industries.
As an international business we can provide customer support from across key regions in the UK & Ireland, Asia, Europe, and North America. In addition to our service locations, we operate manufacturing facilities focused on high volume cold forged fasteners and special parts.
Further Reading
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