Travis Perkins (LON:TPK) Sets New 52-Week Low – What’s Next?

Travis Perkins plc (LON:TPK)’s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 478 ($6.21) and last traded at GBX 495.60 ($6.44), with a volume of 5747146 shares. The stock had previously closed at GBX 550 ($7.14).

Wall Street Analyst Weigh In

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

Travis Perkins Stock Up 1.6 %

The company has a debt-to-equity ratio of 48.33, a quick ratio of 0.84 and a current ratio of 1.65. The company has a market capitalization of £1.08 billion, a PE ratio of -61.92, a price-to-earnings-growth ratio of 6.44 and a beta of 1.52. The firm’s 50-day simple moving average is GBX 636.43 and its 200 day simple moving average is GBX 743.95.

Travis Perkins (LON:TPK) last released its quarterly earnings data on Tuesday, April 1st. The company reported GBX 36.60 ($0.48) EPS for the quarter. Travis Perkins had a negative net margin of 0.37% and a negative return on equity of 0.85%. As a group, equities research analysts forecast that Travis Perkins plc will post 59.251837 earnings per share for the current year.

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.