Telecom Plus (LON:TEP) Insider Sells £197,055.04 in Stock

Telecom Plus Plc (LON:TEP) insider Nick Schoenfeld sold 22,624 shares of Telecom Plus stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of GBX 871, for a total transaction of £197,055.04.

Nick Schoenfeld also recently made the following trade(s):

• On Wednesday, August 19th, Nick Schoenfeld acquired 56,250 shares of Telecom Plus stock. The stock was purchased at an average price of GBX 1 per share, with a total value of £562.50.
• On Wednesday, August 19th, Nick Schoenfeld acquired 8,216 shares of Telecom Plus stock. The shares were purchased at an average cost of GBX 5 per share, with a total value of £410.80.
• On Wednesday, August 19th, Nick Schoenfeld sold 3,974 shares of Telecom Plus stock. The shares were sold at an average price of GBX 871, for a total transaction of £34,613.54.
• On Tuesday, June 23rd, Nick Schoenfeld bought 27,973 shares of Telecom Plus stock. The stock was purchased at an average price of GBX 708 per share, for a total transaction of £198,048.84.

Telecom Plus Stock Down 0.1%

Telecom Plus stock opened at GBX 874 on Thursday. The company has a debt-to-equity ratio of 87.91, a current ratio of 1.58 and a quick ratio of 1.28. Telecom Plus Plc has a fifty-two week low of GBX 638 and a fifty-two week high of GBX 1,914. The firm has a fifty day moving average price of GBX 856.08 and a two-hundred day moving average price of GBX 1,109.66. The firm has a market cap of £682.24 million, a price-to-earnings ratio of 8.75, a P/E/G ratio of 2.86 and a beta of 0.43.

Telecom Plus (LON:TEP) last posted its quarterly earnings data on Wednesday, June 24th. The company reported GBX 102.20 EPS 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 for the quarter. As a group, analysts forecast that Telecom Plus Plc will post 118.0645161 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Berenberg Bank cut Telecom Plus to a “buy” rating and reduced their price objective for the company from GBX 2,600 to GBX 1,200 in a research report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft downgraded shares of Telecom Plus to a “hold” rating and reduced their price target for the company from GBX 1,300 to GBX 700 in a report on Wednesday, July 1st. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price 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.