Travis Perkins plc (LON:TPK - Get Free Report)'s stock price traded up 6.7% during trading on Thursday . The stock traded as high as GBX 655.50 ($8.76) and last traded at GBX 648.35 ($8.66). 4,115,632 shares changed hands during trading, an increase of 135% from the average session volume of 1,751,510 shares. The stock had previously closed at GBX 607.50 ($8.12).
Wall Street Analyst Weigh In
Several equities analysts recently commented on the stock. 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. JPMorgan Chase & Co. reiterated an "overweight" rating on shares of Travis Perkins in a research report on Friday, October 17th. Peel Hunt reiterated a "buy" rating and set a GBX 740 target price on shares of Travis Perkins in a research report on Thursday, October 16th. Finally, Berenberg Bank reiterated a "hold" rating and set a GBX 650 target price on shares of Travis Perkins in a research report on Monday, September 8th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 663.50.
View Our Latest Stock Analysis on TPK
Travis Perkins Trading Up 0.8%
The stock has a market capitalization of £1.38 billion, a P/E ratio of -24.81, a price-to-earnings-growth ratio of 6.44 and a beta of 1.52. The company has a current ratio of 1.65, a quick ratio of 0.84 and a debt-to-equity ratio of 48.33. The stock's fifty day moving average price is GBX 602.08 and its two-hundred day moving average price is GBX 590.69.
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%. Equities research analysts forecast 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.
Further Reading
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