Telecom Plus (LON:TEP) Issues Quarterly Earnings Results

Telecom Plus (LON:TEP - Get Free Report) announced its earnings results on Tuesday. The company reported GBX 119.20 ($1.64) EPS for the quarter, Digital Look Earnings reports. Telecom Plus had a return on equity of 31.35% and a net margin of 3.48%.

Telecom Plus Price Performance

LON:TEP traded down GBX 16 ($0.22) during midday trading on Friday, hitting GBX 1,914 ($26.27). 104,660 shares of the stock were exchanged, compared to its average volume of 167,664. The company has a market capitalization of £1.52 billion, a price-to-earnings ratio of 21.56, a P/E/G ratio of 2.86 and a beta of 0.57. Telecom Plus has a one year low of GBX 1,580 ($21.68) and a one year high of GBX 2,100 ($28.82). The business has a 50-day moving average price of GBX 1,976.86 and a two-hundred day moving average price of GBX 1,795.98. The company has a current ratio of 1.77, a quick ratio of 1.29 and a debt-to-equity ratio of 77.52.

Analyst Ratings Changes

Separately, Berenberg Bank started coverage on Telecom Plus in a report on Wednesday, May 7th. They set a "buy" rating and a GBX 2,600 ($35.68) target price on the stock.

Telecom Plus Company Profile

Telecom Plus Plc provides a range of utility services in the United Kingdom. It offers various services, including gas, electricity, fixed line telephony, mobile telephony, broadband, and insurance, as well as bill protection and life cover, home insurance and boiler cover, and cashback card services under the Utility Warehouse and TML brands.