Duncan Cooper Sells 6,591 Shares of Travis Perkins (LON:TPK) Stock

Travis Perkins plc (LON:TPK) insider Duncan Cooper sold 6,591 shares of Travis Perkins stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of GBX 564, for a total value of £37,173.24.

Travis Perkins Stock Down 1.0%

TPK stock opened at GBX 555.50 on Friday. Travis Perkins plc has a 1-year low of GBX 477.37 and a 1-year high of GBX 723.50. The business’s 50 day simple moving average is GBX 651.32 and its 200 day simple moving average is GBX 626.30. The company has a current ratio of 1.72, a quick ratio of 0.84 and a debt-to-equity ratio of 59.00. The firm has a market capitalization of £1.17 billion, a PE ratio of -21.04, a PEG ratio of 6.44 and a beta of 1.31.

Travis Perkins (LON:TPK) last announced its quarterly earnings results on Tuesday, March 17th. The company reported GBX 30.80 earnings per share (EPS) for the quarter. Travis Perkins had a negative return on equity of 9.35% and a negative net margin of 3.86%. As a group, research analysts anticipate that Travis Perkins plc will post 59.251837 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on TPK shares. Jefferies Financial Group lowered their target price on Travis Perkins from GBX 531 to GBX 507 and set an “underperform” rating on the stock in a research note on Thursday. JPMorgan Chase & Co. decreased their price objective on Travis Perkins from GBX 720 to GBX 712 and set an “overweight” rating on the stock in a report on Monday, January 26th. Finally, Citigroup increased their price objective on Travis Perkins from GBX 700 to GBX 750 and gave the stock a “buy” rating in a research report on Monday, January 26th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Travis Perkins currently has a consensus rating of “Hold” and an average price target of GBX 671.80.

About Travis Perkins

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.