Inchcape (LON:INCH) Releases Quarterly Earnings Results

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

Inchcape Stock Performance

INCH stock traded down GBX 2.50 ($0.03) during midday trading on Tuesday, reaching GBX 678 ($8.62). 3,658,643 shares of the company were exchanged, compared to its average volume of 2,003,722. The firm has a market capitalization of £2.66 billion, a price-to-earnings ratio of 10.83, a price-to-earnings-growth ratio of 2.06 and a beta of 1.19. The business has a 50-day moving average price of GBX 705.44 and a two-hundred day moving average price of GBX 757.34. Inchcape has a one year low of GBX 597.50 ($7.59) and a one year high of GBX 874 ($11.11). The company has a debt-to-equity ratio of 206.10, a current ratio of 1.10 and a quick ratio of 0.51.

Analyst Ratings Changes

A number of analysts have weighed in on INCH shares. Citigroup reiterated a “buy” rating on shares of Inchcape in a research report on Tuesday, January 7th. JPMorgan Chase & Co. lowered shares of Inchcape to a “neutral” rating in a report on Thursday, January 23rd.

About Inchcape

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.