TP ICAP Group (LON:TCAP) Posts Quarterly Earnings Results

TP ICAP Group (LON:TCAPGet Free Report) posted its quarterly earnings data on Friday. The company reported GBX 19.30 earnings per share for the quarter, Digital Look Earnings reports. TP ICAP Group had a net margin of 7.69% and a return on equity of 9.39%.

TP ICAP Group Trading Up 2.2%

Shares of LON TCAP traded up GBX 7 during mid-day trading on Friday, hitting GBX 324.80. 2,476,977 shares of the company traded hands, compared to its average volume of 5,510,777. The company has a quick ratio of 0.97, a current ratio of 30.33 and a debt-to-equity ratio of 49.55. TP ICAP Group has a 1 year low of GBX 235.50 and a 1 year high of GBX 355. The stock has a market capitalization of £2.36 billion, a price-to-earnings ratio of 13.42, a PEG ratio of 0.49 and a beta of 0.36. The business has a 50 day moving average of GBX 339.94 and a two-hundred day moving average of GBX 301.24.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 415 target price on shares of TP ICAP Group in a report on Friday. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, TP ICAP Group presently has an average rating of “Buy” and a consensus price target of GBX 362.33.

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