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

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

Telecom Plus Stock Up 0.9%

Shares of LON:TEP opened at GBX 888 on Tuesday. The firm has a market capitalization of £704.99 million, a P/E ratio of 8.89, a P/E/G ratio of 2.86 and a beta of 0.43. 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 stock has a 50 day moving average price of GBX 926.68 and a 200-day moving average price of GBX 1,186.70. Telecom Plus Plc has a 52-week low of GBX 638 and a 52-week high of GBX 2,040.

Telecom Plus (LON:TEP) last released its quarterly earnings results 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 company had revenue of GBX 194.11 billion for the quarter. As a group, equities research analysts anticipate that Telecom Plus Plc will post 118.0645161 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Berenberg Bank cut shares of Telecom Plus to a “buy” rating and dropped their target price for the company from GBX 2,600 to GBX 1,200 in a report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft lowered shares of Telecom Plus to a “hold” rating and decreased their price target for the stock from GBX 1,300 to GBX 700 in a research note on Wednesday, July 1st. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,500.

Telecom Plus Company Profile

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.