Travis Perkins (LON:TPK) Insider Duncan Cooper Sells 6,591 Shares of Stock

Travis Perkins plc (LON:TPK) insider Duncan Cooper sold 6,591 shares of the stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of GBX 564, for a total value of £37,173.24.

Travis Perkins Stock Down 5.1%

Shares of Travis Perkins stock opened at GBX 562 on Friday. The company has a debt-to-equity ratio of 59.00, a quick ratio of 0.84 and a current ratio of 1.72. Travis Perkins plc has a 52-week low of GBX 477.37 and a 52-week high of GBX 723.50. The company’s 50 day moving average price is GBX 653.55 and its 200-day moving average price is GBX 626.55. The stock has a market capitalization of £1.19 billion, a price-to-earnings ratio of -21.29, a P/E/G ratio of 6.44 and a beta of 1.31.

Travis Perkins (LON:TPK) last posted its earnings results on Tuesday, March 17th. The company reported GBX 30.80 earnings per share for the quarter. Travis Perkins had a negative net margin of 3.86% and a negative return on equity of 9.35%. Equities research analysts forecast that Travis Perkins plc will post 59.251837 EPS for the current year.

Wall Street Analyst Weigh In

TPK has been the subject of a number of recent research reports. Jefferies Financial Group lowered their price objective on Travis Perkins from GBX 531 to GBX 507 and set an “underperform” rating for the company in a research note on Thursday. JPMorgan Chase & Co. lowered their price target on Travis Perkins from GBX 720 to GBX 712 and set an “overweight” rating for the company in a research report on Monday, January 26th. Finally, Citigroup increased their price objective on shares of Travis Perkins from GBX 700 to GBX 750 and gave the company a “buy” rating in a research report on Monday, January 26th. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of GBX 671.80.

Travis Perkins Company Profile

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.