TP ICAP Group (LON:TCAP) Trading Down 0.4% - Time to Sell?

Key Points

• Shares fell 0.4% to GBX 309.63 on Thursday with 3.45 million shares traded (about 42% below the average), and the stock remains above its 50‑day (GBX 273.38) and 200‑day (GBX 261.01) moving averages.
• TP ICAP trades on a P/E of 12.79 with a market cap of £2.28 billion and PEG of 0.49; last quarter EPS was GBX 33.50, with ROE of 9.39% and a net margin of 7.69%, while analysts expect roughly GBX 31.03 EPS for the fiscal year.
• The board approved a share repurchase plan authorizing open‑market buybacks, a move typically interpreted as management signaling the stock may be undervalued.

TP ICAP Group PLC (LON:TCAP - Get Free Report) traded down 0.4% on Thursday . The stock traded as low as GBX 309 and last traded at GBX 309.63. 3,451,156 shares were traded during mid-day trading, a decline of 42% from the average session volume of 5,985,769 shares. The stock had previously closed at GBX 311.

TP ICAP Group Stock Performance

The company has a debt-to-equity ratio of 49.55, a current ratio of 30.33 and a quick ratio of 0.97. The firm has a market capitalization of £2.28 billion, a price-to-earnings ratio of 12.79, a PEG ratio of 0.49 and a beta of 0.28. The firm has a 50 day moving average price of GBX 273.38 and a 200-day moving average price of GBX 261.01.

TP ICAP Group (LON:TCAP - Get Free Report) last announced its quarterly earnings data on Thursday, March 12th. The company reported GBX 33.50 earnings per share (EPS) for the quarter. TP ICAP Group had a return on equity of 9.39% and a net margin of 7.69%. As a group, sell-side analysts expect that TP ICAP Group PLC will post 31.0273973 earnings per share for the current fiscal year.

TP ICAP Group declared that its board has approved a stock repurchase plan on Thursday, March 12th that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.

About TP ICAP Group

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