Travis Perkins (LON:TPK) Releases Quarterly Earnings Results

Travis Perkins (LON:TPK) released its quarterly earnings results on Tuesday. The company reported GBX 36.60 ($0.48) earnings per share for the quarter, Digital Look Earnings reports. Travis Perkins had a negative return on equity of 0.85% and a negative net margin of 0.37%.

Travis Perkins Trading Up 0.8 %

Shares of LON:TPK traded up GBX 4 ($0.05) during trading hours on Thursday, hitting GBX 507.50 ($6.59). 638,677 shares of the company’s stock traded hands, compared to its average volume of 2,590,160. The firm has a market capitalization of £1.07 billion, a P/E ratio of -61.44, a price-to-earnings-growth ratio of 6.44 and a beta of 1.52. The business has a fifty day moving average price of GBX 636.43 and a 200-day moving average price of GBX 743.95. Travis Perkins has a 1 year low of GBX 478 ($6.21) and a 1 year high of GBX 976 ($12.67). The company has a debt-to-equity ratio of 48.33, a current ratio of 1.65 and a quick ratio of 0.84.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. cut their price objective on shares of Travis Perkins from GBX 1,000 ($12.99) to GBX 910 ($11.82) and set an “overweight” rating on the stock in a research report on Thursday, December 5th.

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.