Travis Perkins (LON:TPK) Reaches New 12-Month Low – Here’s What Happened

Travis Perkins plc (LON:TPK) shares reached a new 52-week low during 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).

Analysts Set New Price Targets

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

Travis Perkins Stock Performance

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 has a market cap of £1.08 billion, a price-to-earnings ratio of -61.92, a PEG ratio of 6.44 and a beta of 1.52. The stock’s 50 day moving average is GBX 636.43 and its two-hundred day moving average is GBX 743.95.

Travis Perkins (LON:TPK) last announced its earnings results on Tuesday, April 1st. The company reported GBX 36.60 ($0.48) 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%. Analysts anticipate that Travis Perkins plc will post 59.251837 earnings per share for the current fiscal 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.