Travis Perkins (LON:TPK) Announces 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 Price Performance

Shares of TPK opened at GBX 508.50 ($6.60) on Thursday. 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 company’s fifty day simple moving average is GBX 636.43 and its 200 day simple moving average is 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 market cap of £1.08 billion, a price-to-earnings ratio of -61.56, a PEG ratio of 6.44 and a beta of 1.52.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. decreased their target price 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.

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.