Intertek Group plc (LON:ITRK - Get Free Report) insider Robin Freestone purchased 2,198 shares of Intertek Group stock in a transaction on Tuesday, April 15th. The stock was bought at an average cost of GBX 4,525 ($59.89) per share, with a total value of £99,459.50 ($131,647.25).
Intertek Group Stock Performance
ITRK opened at GBX 4,516.14 ($59.78) on Thursday. The company has a quick ratio of 1.19, a current ratio of 1.27 and a debt-to-equity ratio of 103.83. The stock's 50 day moving average price is GBX 4,934.83 and its two-hundred day moving average price is GBX 4,866.53. The firm has a market capitalization of £7.25 billion, a P/E ratio of 23.54, a price-to-earnings-growth ratio of 1.99 and a beta of 0.63. Intertek Group plc has a 12-month low of GBX 4,044 ($53.53) and a 12-month high of GBX 5,575 ($73.79).
Intertek Group (LON:ITRK - Get Free Report) last issued its quarterly earnings results on Tuesday, March 4th. The company reported GBX 242.60 ($3.21) earnings per share for the quarter. Intertek Group had a net margin of 9.19% and a return on equity of 23.46%. On average, equities analysts forecast that Intertek Group plc will post 263.7305699 earnings per share for the current year.
Intertek Group Increases Dividend
The company also recently declared a dividend, which will be paid on Friday, June 20th. Shareholders of record on Thursday, May 29th will be issued a GBX 102.60 ($1.36) dividend. This is a boost from Intertek Group's previous dividend of $53.90. The ex-dividend date is Thursday, May 29th. This represents a yield of 2.11%. Intertek Group's dividend payout ratio is 66.71%.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the company. Shore Capital raised Intertek Group to a "hold" rating in a research note on Tuesday, April 8th. Berenberg Bank boosted their price objective on shares of Intertek Group from GBX 5,800 ($76.77) to GBX 6,000 ($79.42) and gave the stock a "buy" rating in a research note on Wednesday, March 5th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of GBX 5,675 ($75.12).
Read Our Latest Research Report on Intertek Group
Intertek Group Company Profile
(
Get Free Report)
Intertek is a leading Total Quality Assurance provider to industries worldwide.
Our network of more than 1,000 laboratories and offices in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers' operations and supply chains.
Intertek is a purpose-led company to Bring Quality, Safety and Sustainability to Life.
Further Reading
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