Intertek Group plc (LON:ITRK) Insider Buys £99,493.31 in Stock

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 firm's stock in a transaction that occurred on Friday, August 1st. The shares were bought at an average cost of GBX 4,541 ($60.38) per share, for a total transaction of £99,493.31 ($132,287.34).

Intertek Group Trading Up 0.1%

Shares of LON ITRK traded up GBX 4 ($0.05) during midday trading on Wednesday, hitting GBX 4,638 ($61.67). The stock had a trading volume of 495,331 shares, compared to its average volume of 1,458,591. The company has a market capitalization of £7.45 billion, a price-to-earnings ratio of 24.17, a PEG ratio of 1.99 and a beta of 0.63. Intertek Group plc has a 1-year low of GBX 4,044 ($53.77) and a 1-year high of GBX 5,575 ($74.13). 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 company has a fifty day moving average price of GBX 4,799.14 and a 200 day moving average price of GBX 4,854.84.

Intertek Group (LON:ITRK - Get Free Report) last released its quarterly earnings data on Friday, August 1st. The company reported GBX 112.50 ($1.50) earnings per share for the quarter. Intertek Group had a return on equity of 23.46% and a net margin of 9.19%. On average, analysts predict that Intertek Group plc will post 263.7305699 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on ITRK shares. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a GBX 5,000 ($66.48) price objective on shares of Intertek Group in a research note on Friday, August 1st. Shore Capital reissued a "hold" rating and issued a GBX 4,500 ($59.83) price target on shares of Intertek Group in a research note on Friday, August 1st. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a GBX 5,300 ($70.47) price target on shares of Intertek Group in a research note on Monday. Berenberg Bank decreased their price target on Intertek Group from GBX 6,000 ($79.78) to GBX 5,700 ($75.79) and set a "buy" rating on the stock in a research note on Friday, May 30th. Finally, JPMorgan Chase & Co. reissued a "no recommendation" rating on shares of Intertek Group in a research note on Thursday, July 17th. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of GBX 5,200 ($69.14).

Intertek Group Company Profile

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.