Adrian Lewis Purchases 2,814 Shares of Inchcape (LON:INCH) Stock

Key Points

• Insider Adrian Lewis purchased a total of 2,814 shares of Inchcape stock at an average cost of GBX 665 per share, amounting to £18,713.10.
• Inchcape's shares have decreased by 1.6% recently, trading at GBX 662.50, with a market cap of £2.44 billion.
• Market analysts have varied ratings for Inchcape, with a consensus target price of GBX 1,007 and two firms rating it as a "Buy".

Inchcape plc (LON:INCH - Get Free Report) insider Adrian Lewis acquired 2,814 shares of Inchcape stock in a transaction dated Tuesday, September 9th. The stock was purchased at an average price of GBX 665 per share, with a total value of £18,713.10.

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

• On Tuesday, September 9th, Adrian Lewis acquired 1,404 shares of Inchcape stock. The stock was purchased at an average price of GBX 665 per share, with a total value of £9,336.60.
• 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 acquired 150 shares of Inchcape stock. The stock was purchased at an average price of GBX 684 per share, with a total value of £1,026.

Inchcape Stock Performance

Shares of Inchcape stock traded down GBX 8.50 on Friday, reaching GBX 655. The stock had a trading volume of 380,330 shares, compared to its average volume of 1,386,326. The business's 50-day moving average price is GBX 706.32 and its two-hundred day moving average price is GBX 696.30. The company has a debt-to-equity ratio of 206.10, a quick ratio of 0.51 and a current ratio of 1.10. Inchcape plc has a fifty-two week low of GBX 575 and a fifty-two week high of GBX 849.50. The stock has a market cap of £2.41 billion, a P/E ratio of 623.81, a price-to-earnings-growth ratio of 2.06 and a beta of 1.19.

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

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on INCH shares. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a GBX 800 price objective on shares of Inchcape in a research note on Wednesday, July 30th. Citigroup decreased their price target on shares of Inchcape from GBX 1,161 to GBX 1,101 and set a "buy" rating on the stock in a research report on Wednesday, July 30th. Berenberg Bank restated a "buy" rating and issued a GBX 1,120 price target on shares of Inchcape in a research report on Tuesday, September 2nd. Finally, JPMorgan Chase & Co. restated a "neutral" rating on shares of Inchcape in a research report on Thursday, July 31st. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,007.

About Inchcape

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.