Telecom Plus (LON:TEP) Insider Acquires £5,541.90 in Stock

Telecom Plus Plc (LON:TEP) insider Gemma Godfrey acquired 637 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were acquired at an average cost of GBX 870 per share, for a total transaction of £5,541.90.

Gemma Godfrey also recently made the following trade(s):

• On Wednesday, June 24th, Gemma Godfrey purchased 1,367 shares of Telecom Plus stock. The stock was bought at an average price of GBX 726 per share, with a total value of £9,924.42.

Telecom Plus Trading Up 0.7%

Shares of LON:TEP opened at GBX 865 on Friday. The firm has a market cap of £686.73 million, a price-to-earnings ratio of 8.66, a PEG ratio of 2.86 and a beta of 0.43. Telecom Plus Plc has a 12 month low of GBX 638 and a 12 month high of GBX 1,936. The company’s fifty day simple moving average is GBX 878.40 and its 200 day simple moving average is GBX 1,140.42. The company has a quick ratio of 1.28, a current ratio of 1.58 and a debt-to-equity ratio of 87.91.

Telecom Plus (LON:TEP) last released its earnings results on Wednesday, June 24th. The company reported GBX 102.20 earnings per share (EPS) for the quarter. Telecom Plus had a return on equity of 32.38% and a net margin of 4.16%.The firm had revenue of GBX 194.11 billion during the quarter. As a group, research analysts forecast that Telecom Plus Plc will post 118.0645161 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on TEP shares. Deutsche Bank Aktiengesellschaft lowered Telecom Plus to a “hold” rating and dropped their target price for the company from GBX 1,300 to GBX 700 in a research report on Wednesday, July 1st. Berenberg Bank cut shares of Telecom Plus to a “buy” rating and decreased their price target for the stock from GBX 2,600 to GBX 1,200 in a research note on Thursday, June 25th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Telecom Plus 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.