Travis Perkins plc (LON:TPK - Get Free Report) was up 6.7% on Wednesday . The stock traded as high as GBX 655.50 ($8.76) and last traded at GBX 648.35 ($8.66). Approximately 4,115,632 shares were traded during mid-day trading, an increase of 135% from the average daily volume of 1,751,510 shares. The stock had previously closed at GBX 607.50 ($8.12).
Analyst Ratings Changes
Several research analysts have commented on TPK shares. Peel Hunt restated a "buy" rating and issued a GBX 740 target price on shares of Travis Perkins in a research note on Thursday, October 16th. Berenberg Bank restated a "hold" rating and issued a GBX 650 price objective on shares of Travis Perkins in a research report on Monday, September 8th. Jefferies Financial Group reduced their price objective on shares of Travis Perkins from GBX 605 to GBX 594 and set a "hold" rating for the company in a research note on Monday. Finally, JPMorgan Chase & Co. reiterated an "overweight" rating on shares of Travis Perkins in a research note on Friday, October 17th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of GBX 663.50.
Check Out Our Latest Stock Report on TPK
Travis Perkins Price Performance
The stock has a market capitalization of £1.37 billion, a P/E ratio of -24.56, a price-to-earnings-growth ratio of 6.44 and a beta of 1.52. The firm has a 50-day moving average price of GBX 602.08 and a 200 day moving average price of GBX 590.69. The company has a debt-to-equity ratio of 48.33, a quick ratio of 0.84 and a current ratio of 1.65.
Travis Perkins (LON:TPK - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The company reported GBX 13.30 earnings per share for the quarter. Travis Perkins had a negative net margin of 0.37% and a negative return on equity of 0.85%. On average, analysts expect that Travis Perkins plc will post 59.251837 EPS for the current year.
About Travis Perkins
(
Get Free Report)
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.
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