Inchcape (LON:INCH) Insider Acquires £9,336.60 in Stock

Key Points

• Insider Adrian Lewis purchased 1,404 shares of Inchcape plc for a total of £9,336.60 at an average price of GBX 665 per share on September 9th.
• Inchcape's current market capitalization is £2.44 billion, with a P/E ratio of 630.95 and a one year stock performance range of GBX 575 to GBX 849.50.
• Analysts have mixed ratings for Inchcape, with a consensus rating of "Moderate Buy" and an average target price of GBX 1,007, reflecting potential growth opportunities.

Inchcape plc (LON:INCH - Get Free Report) insider Adrian Lewis purchased 1,404 shares of the firm's stock in a transaction dated Tuesday, September 9th. The shares were acquired at an average cost of GBX 665 per share, with a total value of £9,336.60.

Adrian Lewis also recently made the following trade(s):

• On Tuesday, September 9th, Adrian Lewis purchased 2,814 shares of Inchcape stock. The shares were acquired at an average cost of GBX 665 per share, with a total value of £18,713.10.
• On Tuesday, August 5th, Adrian Lewis sold 24,883 shares of Inchcape stock. The stock was sold at an average price of GBX 666, for a total transaction of £165,720.78.
• On Monday, June 16th, Adrian Lewis purchased 150 shares of Inchcape stock. The shares were acquired at an average cost of GBX 684 per share, with a total value of £1,026.

Inchcape Stock Down 1.3%

Shares of INCH traded down GBX 8.50 during mid-day trading on Friday, hitting GBX 655. 380,330 shares of the company's stock were exchanged, compared to its average volume of 1,386,326. The company has a market cap of £2.41 billion, a PE ratio of 623.81, a P/E/G ratio of 2.06 and a beta of 1.19. Inchcape plc has a 52 week low of GBX 575 and a 52 week high of GBX 849.50. The company has a 50-day simple moving average of GBX 706.32 and a 200 day simple moving average of GBX 696.12. The company has a debt-to-equity ratio of 206.10, a current ratio of 1.10 and a quick ratio of 0.51.

Inchcape (LON:INCH - Get Free Report) last released its quarterly earnings data on Tuesday, July 29th. The company reported GBX 35.50 EPS for the quarter. Inchcape had a return on equity of 17.60% and a net margin of 2.45%. On average, research analysts forecast that Inchcape plc will post 85.9639233 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a GBX 800 price objective on shares of Inchcape in a report on Wednesday, July 30th. Citigroup cut their price target on Inchcape from GBX 1,161 to GBX 1,101 and set a "buy" rating for the company in a report on Wednesday, July 30th. Berenberg Bank reissued a "buy" rating and set a GBX 1,120 target price on shares of Inchcape in a report on Tuesday, September 2nd. Finally, JPMorgan Chase & Co. reissued a "neutral" rating on shares of Inchcape in a report on Thursday, July 31st. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 1,007.

Inchcape Company Profile

Inchcape is the leading global automotive distributor, with operations across six continents. By combining our in-market expertise with our unique technology and advanced data analytics, we create innovative customer experiences that deliver outstanding performance for our partners – building stronger automotive brands and creating sustainable growth.