Telecom Plus (LON:TEP) Announces Earnings Results

Telecom Plus (LON:TEP) issued its quarterly earnings data on Wednesday. The company reported GBX 102.20 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The company had revenue of GBX 194.11 billion for the quarter. Telecom Plus had a net margin of 3.51% and a return on equity of 27.40%.

Telecom Plus Price Performance

Shares of LON TEP opened at GBX 759 on Thursday. The stock has a fifty day moving average price of GBX 1,090.68 and a 200 day moving average price of GBX 1,258.51. Telecom Plus has a 1-year low of GBX 638 and a 1-year high of GBX 2,065. The company has a debt-to-equity ratio of 101.39, a current ratio of 1.97 and a quick ratio of 1.28. The company has a market cap of £605.95 million, a PE ratio of 9.22, a P/E/G ratio of 2.86 and a beta of 0.42.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on TEP shares. Berenberg Bank cut shares of Telecom Plus to a “buy” rating and reduced their target price for the company from GBX 2,600 to GBX 1,200 in a report on Thursday. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 2,000 price target on shares of Telecom Plus in a report on Wednesday, May 6th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,933.33.

Telecom Plus News Roundup

Here are the key news stories impacting Telecom Plus this week:

• Positive Sentiment: The company reported record-style full-year earnings, with EPS of GBX 102.20, revenue of GBX 194.11 billion, a 3.51% net margin, and 27.40% return on equity, which supports the case for solid underlying profitability. Telecom Plus Raises Profits, Announces £40m Buyback and Sets Out Ambitious Five-Year Growth Strategy (TEP)
• Positive Sentiment: Management also announced a £40 million buyback and outlined a five-year growth strategy, which can be seen as shareholder-friendly and supportive of long-term earnings growth. Telecom Plus Raises Profits, Announces £40m Buyback and Sets Out Ambitious Five-Year Growth Strategy (TEP)
• Positive Sentiment: Multiple insiders bought shares, including Chairman Charles Wigoder, Nick Schoenfeld, Gemma Godfrey, and Stuart Burnett, signaling management confidence in the stock at current levels. Telecom Plus (LON:TEP) Insider Purchases 27,973 Shares
• Neutral Sentiment: Analyst coverage remains mixed but constructive, with a “Moderate Buy” consensus and an average target price well above the current share price, though one major broker still rates it Hold.
• Negative Sentiment: Investors appear concerned that Telecom Plus plans to invest heavily in growing its customer network, which may pressure near-term margins and help explain why the stock has been weaker despite the strong earnings report. Telecom Plus plunges on plan to invest in growing customer network

Insider Activity

In other news, insider Nick Schoenfeld bought 27,973 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were acquired at an average price of GBX 708 per share, with a total value of £198,048.84. Also, insider Gemma Godfrey bought 1,367 shares of the stock in a transaction dated Wednesday, June 24th. The stock was purchased at an average cost of GBX 726 per share, for a total transaction of £9,924.42. Over the last quarter, insiders purchased 579,125 shares of company stock valued at $410,818,365. 13.79% of the stock is owned by corporate insiders.

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.