Carla Stent Purchases 2,833 Shares of Telecom Plus (LON:TEP) Stock

Telecom Plus Plc (LON:TEP) insider Carla Stent purchased 2,833 shares of the firm’s stock in a transaction dated Friday, July 17th. The shares were bought at an average price of GBX 880 per share, with a total value of £24,930.40.

Telecom Plus Trading Down 2.0%

LON:TEP opened at GBX 870 on Wednesday. The company has a current ratio of 1.58, a quick ratio of 1.28 and a debt-to-equity ratio of 87.91. The stock has a market capitalization of £690.70 million, a PE ratio of 8.71, a price-to-earnings-growth ratio of 2.86 and a beta of 0.43. The firm’s 50 day moving average is GBX 922.88 and its 200 day moving average is GBX 1,183.26. Telecom Plus Plc has a 12 month low of GBX 638 and a 12 month high of GBX 2,040.

Telecom Plus (LON:TEP) last announced its quarterly earnings data on Wednesday, June 24th. The company reported GBX 102.20 earnings per share for the quarter. Telecom Plus had a return on equity of 32.38% and a net margin of 4.16%.The business had revenue of GBX 194.11 billion during the quarter. Sell-side analysts expect that Telecom Plus Plc will post 118.0645161 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on TEP shares. Berenberg Bank cut Telecom Plus to a “buy” rating and dropped their price target for the company from GBX 2,600 to GBX 1,200 in a research report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft lowered Telecom Plus to a “hold” rating and decreased their price objective 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 given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,500.

About Telecom Plus

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.