Inchcape (LON:INCH) Posts Quarterly Earnings Results

Inchcape (LON:INCH) posted its earnings results on Tuesday. The company reported GBX 71.30 ($0.91) EPS for the quarter, Digital Look Earnings reports. Inchcape had a return on equity of 17.60% and a net margin of 2.45%.

Inchcape Stock Performance

Shares of LON INCH traded down GBX 2 ($0.03) during midday trading on Tuesday, hitting GBX 678.50 ($8.62). 3,655,892 shares of the company’s stock were exchanged, compared to its average volume of 2,003,659. The company has a debt-to-equity ratio of 206.10, a current ratio of 1.10 and a quick ratio of 0.51. The stock’s 50 day moving average price is GBX 705.44 and its 200-day moving average price is GBX 757.34. The firm has a market cap of £2.67 billion, a P/E ratio of 10.84, a PEG ratio of 2.06 and a beta of 1.19. Inchcape has a twelve month low of GBX 597.50 ($7.59) and a twelve month high of GBX 874 ($11.11).

Analyst Upgrades and Downgrades

Several research firms have recently commented on INCH. Citigroup reaffirmed a “buy” rating on shares of Inchcape in a report on Tuesday, January 7th. JPMorgan Chase & Co. downgraded Inchcape to a “neutral” rating in a research report on Thursday, January 23rd.

Inchcape Company Profile

Inchcape is the leading global automotive distributor, with operations across six continents. By combining our in-market expertise with our unique technology and advanced data analytics, we create innovative customer experiences that deliver outstanding performance for our partners – building stronger automotive brands and creating sustainable growth.