IntegraFin (LON:IHP) Hits New 52-Week High - Still a Buy?

Key Points

• IntegraFin shares reached a new 52-week high of GBX 402 and last traded at GBX 392, above both their 50-day and 200-day moving averages.
• Analyst sentiment is positive overall, with three Buy ratings and two Holds producing a “Moderate Buy” consensus and an average target price of GBX 435.
• The company reported GBX 10 quarterly EPS, an 8,580 million revenue figure, a 28.6% net margin and 27.6% return on equity; insiders also purchased shares, while insider ownership stands at 14.5%.

IntegraFin Holdings plc (LON:IHP - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 402 and last traded at GBX 392, with a volume of 35747 shares trading hands. The stock had previously closed at GBX 393.50.

Wall Street Analysts Forecast Growth

IHP has been the subject of several research reports. Shore Capital Group reissued a "hold" rating on shares of IntegraFin in a report on Thursday, April 23rd. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a GBX 450 target price on shares of IntegraFin in a report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft boosted their target price on IntegraFin from GBX 475 to GBX 490 and gave the stock a "buy" rating in a research report on Tuesday, August 11th. Jefferies Financial Group reissued a "hold" rating and set a GBX 360 price target on shares of IntegraFin in a research note on Thursday, May 28th. Finally, Berenberg Bank raised their price target on IntegraFin from GBX 440 to GBX 460 and gave the company a "buy" rating in a report on Wednesday, July 15th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of GBX 435.

IntegraFin Stock Performance

The business's fifty day moving average price is GBX 374.79 and its two-hundred day moving average price is GBX 344.94. The company has a debt-to-equity ratio of 5.68, a quick ratio of 0.01 and a current ratio of 250.17. The stock has a market capitalization of £1.30 billion, a P/E ratio of 20.52, a P/E/G ratio of 3.14 and a beta of 1.27.

IntegraFin (LON:IHP - Get Free Report) last announced its quarterly earnings results on Wednesday, May 20th. The company reported GBX 10 EPS for the quarter. IntegraFin had a net margin of 28.60% and a return on equity of 27.60%. The firm had revenue of GBX 8,580 million during the quarter. As a group, sell-side analysts forecast that IntegraFin Holdings plc will post 16.9090056 earnings per share for the current year.

Insider Transactions at IntegraFin

In related news, insider Euan Marshall acquired 84 shares of the stock in a transaction dated Tuesday, July 14th. The stock was acquired at an average cost of GBX 365 per share, with a total value of £306.60. Insiders purchased 246 shares of company stock worth $90,695 in the last quarter. Corporate insiders own 14.50% of the company's stock.

About IntegraFin

IntegraFin Holdings plc (IntegraFin) is the holding company for all of the entities involved in the provision of the Transact service. Transact is one of the largest independent wrap platforms in the UK. It offers advisory professionals a comprehensive financial planning infrastructure for investing client assets in a tax-efficient way.

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