Intertek Group plc (LON:ITRK) Insider Robin Freestone Acquires 2,191 Shares

Key Points

• Insider Robin Freestone purchased 2,191 shares of Intertek Group plc at an average price of GBX 4,541 ($60.30), totaling approximately £99,493.31 ($132,111.69).
• Intertek reported earnings per share of GBX 112.50 ($1.49) for the last quarter, with analysts projecting an annual EPS of 263.73.
• The stock has a consensus rating of "Hold" and a target price range from various analysts between GBX 4,500 ($59.75) to GBX 5,700 ($75.69).

Intertek Group plc (LON:ITRK - Get Free Report) insider Robin Freestone acquired 2,191 shares of the company's stock in a transaction dated Friday, August 1st. The shares were bought at an average price of GBX 4,541 ($61.07) per share, for a total transaction of £99,493.31 ($133,799.50).

Intertek Group Stock Performance

Shares of ITRK traded down GBX 22 ($0.30) during trading hours on Friday, hitting GBX 4,688 ($63.04). The company had a trading volume of 391,650 shares, compared to its average volume of 1,443,864. The firm has a market cap of £7.53 billion, a price-to-earnings ratio of 24.43, a PEG ratio of 1.99 and a beta of 0.63. The company has a quick ratio of 1.19, a current ratio of 1.27 and a debt-to-equity ratio of 103.83. The business has a fifty day moving average of GBX 4,794.38 and a 200-day moving average of GBX 4,851.22. Intertek Group plc has a 12 month low of GBX 4,044 ($54.38) and a 12 month high of GBX 5,575 ($74.97).

Intertek Group (LON:ITRK - Get Free Report) last released its quarterly earnings results on Friday, August 1st. The company reported GBX 112.50 ($1.51) earnings per share for the quarter. Intertek Group had a net margin of 9.19% and a return on equity of 23.46%. Equities analysts anticipate that Intertek Group plc will post 263.7305699 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on ITRK shares. JPMorgan Chase & Co. restated a "no recommendation" rating on shares of Intertek Group in a report on Thursday, July 17th. Royal Bank Of Canada reissued a "sector perform" rating and issued a GBX 5,000 ($67.24) price objective on shares of Intertek Group in a research report on Friday, August 1st. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a GBX 5,300 ($71.27) target price on shares of Intertek Group in a report on Monday. Shore Capital reiterated a "hold" rating and set a GBX 4,500 ($60.52) price target on shares of Intertek Group in a report on Friday, August 1st. Finally, Berenberg Bank restated a "buy" rating and issued a GBX 5,700 ($76.65) price objective on shares of Intertek Group in a research note on Wednesday. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of GBX 5,200 ($69.93).

About Intertek Group

Intertek is a leading Total Quality Assurance provider to industries worldwide. Our network of more than 1,000 laboratories and offices in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers' operations and supply chains. Intertek is a purpose-led company to Bring Quality, Safety and Sustainability to Life.