Tesco (LON:TSCO) Stock Price Down 8.7% – What’s Next?

Posted by Adam Dyson on Mar 15th, 2025

Shares of Tesco PLC (LON:TSCO – Get Free Report) traded down 8.7% during mid-day trading on Saturday . The stock traded as low as GBX 337.87 ($4.37) and last traded at GBX 339.20 ($4.39). 32,628,854 shares changed hands during mid-day trading, an increase of 86% from the average session volume of 17,553,332 shares. The stock had previously closed at GBX 371.50 ($4.81).

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. JPMorgan Chase & Co. dropped their price target on Tesco from GBX 410 ($5.30) to GBX 400 ($5.17) and set an “overweight” rating on the stock in a research report on Monday, January 13th. Shore Capital restated a “buy” rating on shares of Tesco in a research report on Tuesday, December 10th.

Check Out Our Latest Report on Tesco

Tesco Price Performance

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 company has a 50-day simple moving average of GBX 370.38 and a 200-day simple moving average of GBX 363.22. The company has a market cap of £22.64 billion, a price-to-earnings ratio of 17.75, a PEG ratio of 1.43 and a beta of 0.51.

Insider Transactions at Tesco

In other news, insider Gerard Murphy purchased 40,000 shares of the firm’s stock in a transaction dated Wednesday, January 29th. The shares were acquired at an average price of GBX 371 ($4.80) per share, with a total value of £148,400 ($191,954.47). Insiders have bought 40,073 shares of company stock valued at $14,867,657 in the last quarter. 2.51% of the stock is currently owned by corporate insiders.

About Tesco

(Get Free Report)

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.