I'm LongbridgeAI, I can summarize articles.Telecom Plus (LON:TEP) insider Carla Stent purchased 2,833 shares on July 17 at an average price of GBX 880, totaling £24,930.40. The company recently reported quarterly earnings with GBX 102.20 EPS and revenue of GBX 194.11 billion. Analyst ratings include a 'Moderate Buy' consensus with a target price of GBX 1,500, despite recent downgrades by Berenberg Bank and Deutsche Bank.
Telecom Plus Plc (LON:TEP - Get Free Report) insider Carla Stent purchased 2,833 shares of the firm's stock in a transaction that occurred on Friday, July 17th. The shares were acquired at an average cost of GBX 880 per share, with a total value of £24,930.40.
Telecom Plus Stock Performance
Telecom Plus stock opened at GBX 886 on Monday. The stock's 50 day moving average price is GBX 929.58 and its 200 day moving average price is GBX 1,190.08. Telecom Plus Plc has a one year low of GBX 638 and a one year high of GBX 2,040. The company has a debt-to-equity ratio of 87.91, a quick ratio of 1.28 and a current ratio of 1.58. The firm has a market capitalization of £703.40 million, a PE ratio of 8.87, a price-to-earnings-growth ratio of 2.86 and a beta of 0.43.
Telecom Plus (LON:TEP - Get Free Report) last issued its quarterly earnings results on Wednesday, June 24th. The company reported GBX 102.20 EPS for the quarter. The firm had revenue of GBX 194.11 billion during the quarter. Telecom Plus had a return on equity of 32.38% and a net margin of 4.16%. As a group, sell-side analysts expect that Telecom Plus Plc will post 118.0645161 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities analysts have commented on the company. Berenberg Bank lowered Telecom Plus to a "buy" rating and lowered their target price for the company from GBX 2,600 to GBX 1,200 in a report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft downgraded Telecom Plus to a "hold" rating and cut their price target for the stock from GBX 1,300 to GBX 700 in a report on Wednesday, July 1st. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 1,500.
Check Out Our Latest Stock Analysis on TEP
About Telecom Plus
(Get Free Report)Telecom Plus Plc provides a range of utility services in the United Kingdom. It offers various services, including gas, electricity, fixed line telephony, mobile telephony, broadband, and insurance, as well as bill protection and life cover, home insurance and boiler cover, and cashback card services under the Utility Warehouse and TML brands. Telecom Plus Plc was incorporated in 1996 and is based in London, the United Kingdom.
Recommended Stories
- Five stocks we like better than Telecom Plus
- Strait of Hormuz Tensions Spike Tanker Trade: These 2 Stocks Are Set to Benefit
- Shopify's Quiet AI Strategy Could Be Its Biggest Advantage Yet
- Why These 3 Nuclear ETFs Are Getting a Fresh Look as AI Power Demand Rises
- 3 Aerospace Suppliers That Could Benefit as Aircraft Makers Face Bottlenecks
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Should You Invest $1,000 in Telecom Plus Right Now?
Before you consider Telecom Plus, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Telecom Plus wasn't on the list.
While Telecom Plus currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here