Tesco PLC (LON:TSCO - Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as GBX 398.30 ($5.39) and last traded at GBX 395.50 ($5.35), with a volume of 155716734 shares trading hands. The stock had previously closed at GBX 390.60 ($5.28).
Analysts Set New Price Targets
Separately, Shore Capital restated a "buy" rating on shares of Tesco in a research note on Thursday, April 10th.
View Our Latest Research Report on TSCO
Tesco Trading Up 0.9%
The business's 50 day moving average is GBX 363.25 and its two-hundred day moving average is GBX 363.26. The company has a quick ratio of 0.60, a current ratio of 0.81 and a debt-to-equity ratio of 126.35. The firm has a market capitalization of £26.07 billion, a P/E ratio of 20.44, a PEG ratio of 1.43 and a beta of 0.51.
Tesco (LON:TSCO - Get Free Report) last issued its quarterly earnings data on Thursday, April 10th. The retailer reported GBX 27.71 ($0.37) earnings per share for the quarter. Tesco had a net margin of 1.92% and a return on equity of 11.33%. Analysts expect that Tesco PLC will post 27.374848 EPS for the current year.
Insider Activity at Tesco
In other Tesco news, insider Ken Murphy purchased 40,000 shares of the business's stock in a transaction on Friday, April 11th. The stock was bought at an average cost of GBX 326 ($4.41) per share, with a total value of £130,400 ($176,406.93). Company insiders own 2.51% of the company's stock.
Tesco Company Profile
(
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Tesco was built to be a champion for customers, serving them every day with affordable, healthy and sustainable food. Our commitment to our customers extends beyond our stores, and into every community we serve – in the UK, Republic of Ireland, Slovakia, the Czech Republic and Hungary. We invest in communities to help them thrive, through supporting schools and children's groups, food banks and other good causes.
In challenging times, our purpose has guided every part of the Group.
Further Reading
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