Tesco (LON:TSCO - Get Free Report) released its quarterly earnings results on Thursday. The retailer reported GBX 27.71 ($0.37) EPS for the quarter, Digital Look Earnings reports. Tesco had a return on equity of 11.33% and a net margin of 1.92%.
Tesco Stock Performance
LON TSCO traded up GBX 9.10 ($0.12) during trading on Tuesday, hitting GBX 345.50 ($4.56). 34,084,793 shares of the company's stock traded hands, compared to its average volume of 20,196,531. The stock has a market capitalization of £23.06 billion, a price-to-earnings ratio of 18.08, a PEG ratio of 1.43 and a beta of 0.51. The company has a debt-to-equity ratio of 126.35, a quick ratio of 0.60 and a current ratio of 0.81. The business has a 50 day moving average of GBX 352.93 and a 200-day moving average of GBX 358.49. Tesco has a 12-month low of GBX 277.50 ($3.66) and a 12-month high of GBX 398.10 ($5.25).
Analyst Ratings Changes
TSCO has been the subject of several research analyst reports. Shore Capital reaffirmed a "buy" rating on shares of Tesco in a research report on Thursday, April 10th. JPMorgan Chase & Co. decreased their price objective on shares of Tesco from GBX 410 ($5.41) to GBX 400 ($5.27) and set an "overweight" rating for the company in a report on Monday, January 13th.
View Our Latest Research Report on Tesco
Insider Activity
In other news, insider Ken Murphy purchased 40,000 shares of the stock in a transaction dated Friday, April 11th. The shares were purchased at an average cost of GBX 326 ($4.30) per share, with a total value of £130,400 ($171,940.93). Insiders have acquired a total of 80,110 shares of company stock valued at $27,921,384 over the last quarter. Company insiders own 2.51% of the company's stock.
About Tesco
(
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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.
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