Jean-Michel Valette Buys 154 Shares of Intertek Group (LON:ITRK) Stock

Intertek Group plc (LON:ITRKGet Free Report) insider Jean-Michel Valette bought 154 shares of the firm’s stock in a transaction on Friday, March 13th. The stock was acquired at an average cost of GBX 3,884 per share, with a total value of £5,981.36.

Intertek Group Stock Performance

ITRK traded down GBX 62 during midday trading on Monday, hitting GBX 3,672. 1,715,184 shares of the company traded hands, compared to its average volume of 2,855,803. The company’s 50-day moving average is GBX 4,426.56 and its 200 day moving average is GBX 4,640.70. The company has a quick ratio of 1.19, a current ratio of 1.08 and a debt-to-equity ratio of 152.20. The firm has a market capitalization of £5.64 billion, a PE ratio of 16.43, a price-to-earnings-growth ratio of 1.99 and a beta of 0.66. Intertek Group plc has a 52 week low of GBX 3,664 and a 52 week high of GBX 5,150.

Intertek Group (LON:ITRKGet Free Report) last announced its quarterly earnings results on Tuesday, March 3rd. The company reported GBX 255.90 EPS for the quarter. Intertek Group had a net margin of 10.01% and a return on equity of 31.07%. On average, research analysts expect that Intertek Group plc will post 263.7305699 EPS for the current year.

Key Stories Impacting Intertek Group

Here are the key news stories impacting Intertek Group this week:

  • Positive Sentiment: Several directors and senior managers bought shares (total ~2,024 shares across ~11 transactions, ~£76.8k), which can be read as a sign of management confidence or opportunity buying at current levels. MarketBeat Insider Trades
  • Neutral Sentiment: Some purchases were small and clustered around the same price (GBX 3,794), suggesting routine or formulaic purchases (e.g., planned purchases or share plan activity) rather than a single bullish signal. MarketBeat Insider Trades
  • Negative Sentiment: Two large insider sales dominate the picture: Andre Lacroix sold 37,635 shares (~£1.43m) and Colm Deasy sold 3,176 shares (~£120.5k). The scale of these disposals outweighs the buys and is likely interpreted by the market as a negative signal or a source of selling pressure. MarketBeat Insider Trades

Analysts Set New Price Targets

Several analysts recently commented on the company. Citigroup cut their price objective on Intertek Group from GBX 5,847 to GBX 5,717 and set a “buy” rating for the company in a report on Thursday, March 5th. Jefferies Financial Group dropped their target price on Intertek Group from GBX 5,800 to GBX 4,800 and set a “buy” rating on the stock in a research report on Thursday, March 5th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 5,169.50.

Read Our Latest Research Report on Intertek Group

Intertek Group Company Profile

(Get Free Report)

Intertek is a leading Total Quality Assurance provider to industries worldwide.

Our network of more than 1,000 laboratories and offices in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers’ operations and supply chains.

Intertek is a purpose-led company to Bring Quality, Safety and Sustainability to Life. We provide 24/7 mission-critical quality assurance solutions to our clients to ensure that they can operate with well-functioning supply chains in each of their operations.

Our Customer Promise is: Intertek Total Quality Assurance expertise, delivered consistently, with precision, pace and passion, enabling our customers to power ahead safely.

Recommended Stories

Insider Buying and Selling by Quarter for Intertek Group (LON:ITRK)

Receive News & Ratings for Intertek Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intertek Group and related companies with MarketBeat.com's FREE daily email newsletter.