Rolls-Royce Holdings PLC (RYCEY) to Release Earnings on Thursday

Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) is projected to announce its results before the market opens on Thursday, February 26th. Analysts expect the company to announce earnings of $0.1902 per share and revenue of $14.5661 billion for the quarter.

Rolls-Royce Holdings PLC Stock Up 1.8%

OTCMKTS:RYCEY opened at $18.40 on Friday. Rolls-Royce Holdings PLC has a twelve month low of $7.68 and a twelve month high of $18.42. The company has a quick ratio of 0.94, a current ratio of 1.25 and a debt-to-equity ratio of 1.17. The stock’s 50-day simple moving average is $16.78 and its 200 day simple moving average is $15.59.

Analyst Ratings Changes

Separately, Royal Bank Of Canada started coverage on shares of Rolls-Royce Holdings PLC in a research note on Tuesday, November 18th. They issued an “outperform” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Institutional Trading of Rolls-Royce Holdings PLC

A number of hedge funds have recently made changes to their positions in RYCEY. Rhumbline Advisers grew its holdings in shares of Rolls-Royce Holdings PLC by 1.5% during the second quarter. Rhumbline Advisers now owns 82,415 shares of the aerospace company’s stock worth $1,103,000 after purchasing an additional 1,205 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in Rolls-Royce Holdings PLC by 30.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,095 shares of the aerospace company’s stock worth $112,000 after buying an additional 1,658 shares during the period. Kelleher Financial Advisors bought a new stake in Rolls-Royce Holdings PLC during the 3rd quarter worth approximately $37,000. Finally, Financial Avengers Inc. increased its position in Rolls-Royce Holdings PLC by 32.8% in the 3rd quarter. Financial Avengers Inc. now owns 66,400 shares of the aerospace company’s stock valued at $1,076,000 after acquiring an additional 16,400 shares during the period. 0.07% of the stock is owned by institutional investors and hedge funds.

Rolls-Royce Holdings PLC Company Profile

Rolls-Royce Holdings plc is a UK-based multinational engineering company that designs, manufactures and services power systems for the civil and defence aerospace, marine and energy markets. The company’s core activities include the development and production of turbine engines for commercial and military aircraft, propulsion and power systems for naval vessels, and industrial gas turbines for power generation and distributed energy applications. A significant portion of its business is focused on aftermarket support, providing maintenance, repair and overhaul (MRO) services and long-term service agreements to customers worldwide.

In aerospace, Rolls‑Royce is best known for its high-thrust turbofan engines used on widebody and regional aircraft, supported by comprehensive service programs and digital monitoring solutions that optimize engine health and operational availability.