Tesco (LON:TSCO) Insider Ken Murphy Purchases 31 Shares

Tesco PLC (LON:TSCO) insider Ken Murphy purchased 31 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was bought at an average cost of GBX 456 per share, for a total transaction of £141.36.

Ken Murphy also recently made the following trade(s):

• On Friday, May 8th, Ken Murphy acquired 29 shares of Tesco stock. The shares were bought at an average cost of GBX 466 per share, with a total value of £135.14.

Tesco Stock Down 0.2%

Shares of TSCO traded down GBX 0.90 during midday trading on Monday, hitting GBX 453.40. The company had a trading volume of 188,639,172 shares, compared to its average volume of 43,294,961. The stock has a market cap of £28.60 billion, a price-to-earnings ratio of 16.73, a PEG ratio of 1.43 and a beta of 0.60. The company’s 50 day moving average price is GBX 468.68 and its 200 day moving average price is GBX 458.20. The company has a quick ratio of 0.60, a current ratio of 0.59 and a debt-to-equity ratio of 131.55. Tesco PLC has a 52 week low of GBX 382.42 and a 52 week high of GBX 508.20.

Tesco (LON:TSCO) last announced its quarterly earnings data on Thursday, April 16th. The retailer reported GBX 29.50 earnings per share for the quarter. The firm had revenue of GBX 7,371 million during the quarter. Tesco had a return on equity of 16.05% and a net margin of 2.42%. On average, equities research analysts predict that Tesco PLC will post 27.374848 EPS for the current year.

Analyst Ratings Changes

TSCO has been the subject of a number of research reports. JPMorgan Chase & Co. lifted their price objective on shares of Tesco from GBX 480 to GBX 500 and gave the stock an “overweight” rating in a report on Friday, April 17th. Deutsche Bank Aktiengesellschaft increased their price objective on Tesco from GBX 500 to GBX 525 and gave the stock a “buy” rating in a report on Monday, April 20th. Shore Capital Group reissued a “buy” rating on shares of Tesco in a research note on Thursday, April 16th. Finally, Jefferies Financial Group restated a “hold” rating and set a GBX 430 price target on shares of Tesco in a research report on Thursday, April 16th. Four investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 478.75.

Tesco Company Profile

Tesco was built to be a champion for customers, serving them every day with affordable, healthy and sustainable food. Our commitment to our customers extends beyond our stores, and into every community we serve – in the UK, Republic of Ireland, Slovakia, the Czech Republic and Hungary. We invest in communities to help them thrive, through supporting schools and children’s groups, food banks and other good causes.

In challenging times, our purpose has guided every part of the Group. Serving our customers, communities and planet a little better every day is what we do.