Inchcape (LON:INCH) Announces Earnings Results

Inchcape (LON:INCH) posted its quarterly earnings data on Tuesday. The company reported GBX 71.30 ($0.92) EPS for the quarter, Digital Look Earnings reports. Inchcape had a return on equity of 17.60% and a net margin of 2.45%.

Inchcape Trading Up 1.1 %

Shares of Inchcape stock opened at GBX 729 ($9.40) on Thursday. The stock has a market capitalization of £2.86 billion, a PE ratio of 11.65, a price-to-earnings-growth ratio of 2.06 and a beta of 1.19. The stock has a 50 day moving average price of GBX 703.51 and a two-hundred day moving average price of GBX 756.49. The company has a debt-to-equity ratio of 206.10, a quick ratio of 0.51 and a current ratio of 1.10. Inchcape has a 52 week low of GBX 624 ($8.04) and a 52 week high of GBX 874 ($11.27).

Analysts Set New Price Targets

Several equities analysts have recently issued reports on INCH shares. Citigroup reiterated a “buy” rating on shares of Inchcape in a research note on Tuesday, January 7th. JPMorgan Chase & Co. downgraded shares of Inchcape to a “neutral” rating in a research report on Thursday, January 23rd.

Insiders Place Their Bets

In other news, insider Duncan Tait bought 6,948 shares of the stock in a transaction dated Tuesday, March 4th. The stock was bought at an average price of GBX 716 ($9.23) per share, for a total transaction of £49,747.68 ($64,124.36). Corporate insiders own 14.84% of the company’s stock.

Inchcape Company Profile

Inchcape is the leading global automotive distributor, with operations across six continents. By combining our in-market expertise with our unique technology and advanced data analytics, we create innovative customer experiences that deliver outstanding performance for our partners – building stronger automotive brands and creating sustainable growth.