IntegraFin (LON:IHP) Stock Price Up 13.3% - Still a Buy?

Shares of IntegraFin Holdings plc (LON:IHP - Get Free Report) traded up 13.3% during mid-day trading on Tuesday . The stock traded as high as GBX 397.69 ($5.34) and last traded at GBX 367.50 ($4.93). 2,295,236 shares traded hands during trading, an increase of 164% from the average session volume of 870,441 shares. The stock had previously closed at GBX 324.50 ($4.36).

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on IHP shares. Shore Capital reaffirmed a "buy" rating and issued a GBX 390 ($5.23) price objective on shares of IntegraFin in a research note on Tuesday. Berenberg Bank lifted their target price on IntegraFin from GBX 380 ($5.10) to GBX 440 ($5.91) and gave the company a "buy" rating in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on IntegraFin from GBX 360 ($4.83) to GBX 425 ($5.70) and gave the company a "buy" rating in a report on Tuesday.

IntegraFin Price Performance

The company has a current ratio of 1.01, a quick ratio of 0.01 and a debt-to-equity ratio of 4.51. The firm has a market capitalization of £1.24 billion, a PE ratio of 23.62, a P/E/G ratio of 3.14 and a beta of 1.15. The company has a fifty day moving average price of GBX 322.36 and a two-hundred day moving average price of GBX 325.63.

IntegraFin (LON:IHP - Get Free Report) last released its earnings results on Wednesday, May 21st. The company reported GBX 8.90 ($0.12) earnings per share (EPS) for the quarter. IntegraFin had a return on equity of 26.21% and a net margin of 37.90%. Sell-side analysts forecast that IntegraFin Holdings plc will post 16.9090056 earnings per share for the current year.

Insider Activity at IntegraFin

In other news, insider Euan Marshall acquired 4,000 shares of the company's stock in a transaction that occurred on Thursday, July 17th. The stock was purchased at an average cost of GBX 368 ($4.94) per share, with a total value of £14,720 ($19,758.39). Over the last ninety days, insiders purchased 15,144 shares of company stock valued at $4,898,831. 26.12% of the stock is owned by company insiders.

IntegraFin Company Profile

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.