Travis Perkins (LON:TPK) Insider Acquires £9,921.27 in Stock

Key Points

• Insider purchase: Travis Perkins director Jeremy Maiden bought 1,483 shares at GBX 669 each, investing approximately £9,921.
• Market and financial performance: Shares fell 1.1% to GBX 668, while the company reported quarterly EPS of GBX 15.10 and continues to show negative net margin and return on equity.
• Analyst outlook: Ratings remain mixed—three buys, one hold, and two sells—with an overall “Hold” consensus and an average price target of GBX 627.17.

Travis Perkins plc (LON:TPK - Get Free Report) insider Jeremy (Jez) Maiden acquired 1,483 shares of the stock in a transaction on Thursday, August 6th. The shares were bought at an average cost of GBX 669 per share, for a total transaction of £9,921.27.

Travis Perkins Trading Down 1.1%

Shares of LON:TPK traded down GBX 7.70 during mid-day trading on Monday, reaching GBX 668. 1,036,951 shares of the company were exchanged, compared to its average volume of 3,047,594. The company has a debt-to-equity ratio of 56.92, a current ratio of 1.66 and a quick ratio of 0.84. The firm has a market cap of £1.42 billion, a price-to-earnings ratio of -8.02, a P/E/G ratio of 6.44 and a beta of 1.28. Travis Perkins plc has a 1 year low of GBX 493.40 and a 1 year high of GBX 723.50. The firm's 50-day simple moving average is GBX 561.13 and its 200 day simple moving average is GBX 585.01.

Travis Perkins (LON:TPK - Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported GBX 15.10 earnings per share (EPS) for the quarter. Travis Perkins had a negative net margin of 3.81% and a negative return on equity of 9.63%. Equities research analysts forecast that Travis Perkins plc will post 59.251837 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have issued reports on TPK shares. Peel Hunt reaffirmed a "buy" rating and set a GBX 660 price objective on shares of Travis Perkins in a report on Tuesday, August 4th. Jefferies Financial Group reiterated an "underperform" rating and issued a GBX 443 price objective on shares of Travis Perkins in a research report on Wednesday, August 5th. JPMorgan Chase & Co. upped their price objective on shares of Travis Perkins from GBX 630 to GBX 710 and gave the stock an "overweight" rating in a research report on Friday. Deutsche Bank Aktiengesellschaft raised their target price on shares of Travis Perkins from GBX 470 to GBX 550 and gave the stock a "sell" rating in a research note on Wednesday, August 5th. Finally, Berenberg Bank boosted their price target on shares of Travis Perkins from GBX 580 to GBX 650 and gave the stock a "hold" rating in a research note on Wednesday, August 5th. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of GBX 627.17.

About Travis Perkins

Travis Perkins plc engages in distribution of building material products in the United Kingdom. It operates through Merchanting and Toolstation segments. The company offers tools and building supplies. It also distributes pipeline products, as well as supplies managed services, and commercial and industrial heating and cooling solutions. In addition, the company provides in specialist civils and drainage solutions; and air-conditioning and refrigeration products and heat pumps. Further, it provides insulation and interior building products to interior building specialists, contractors, and builders; and kitchens and joinery products.

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