Rolls-Royce Holdings plc (LON:RR) Releases Earnings Results

Rolls-Royce Holdings plc (LON:RR) issued its earnings results on Thursday. The company reported GBX 29.55 EPS for the quarter, Digital Look Earnings reports. Rolls-Royce Holdings plc had a negative return on equity of 78.08% and a net margin of 13.08%.

Rolls-Royce Holdings plc Stock Performance

LON:RR remained flat at GBX 1,310 during trading hours on Thursday. The company’s stock had a trading volume of 17,051,932 shares. Rolls-Royce Holdings plc has a one year low of GBX 196.45 and a one year high of GBX 537.20. The company has a market capitalization of £112.35 billion, a price-to-earnings ratio of 47.75, a PEG ratio of 0.55 and a beta of 1.82. The stock has a fifty day moving average price of GBX 1,233.89 and a 200 day moving average price of GBX 1,152.80.

Insider Activity

In other news, insider Wendy Mars purchased 147 shares of the stock in a transaction that occurred on Monday, February 9th. The shares were purchased at an average cost of GBX 1,242 per share, with a total value of £1,825.74. Also, insider Tufan Erginbilgic sold 4,862 shares of the firm’s stock in a transaction on Monday, January 26th. The shares were sold at an average price of GBX 1,232, for a total transaction of £59,899.84. Over the last 90 days, insiders acquired 768 shares of company stock worth $918,254 and sold 19,783 shares worth $22,879,196. 0.04% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Rolls-Royce Holdings plc from GBX 1,290 to GBX 1,550 and gave the company a “buy” rating in a research note on Monday, February 2nd. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,244.

About Rolls-Royce Holdings plc

Rolls-Royce Holdings plc develops and delivers complex power and propulsion solutions for air, sea, and land in the United Kingdom and internationally. The company operates through four segments: Civil Aerospace, Defence, Power Systems, and New Markets. The Civil Aerospace segment develops, manufactures, markets, and sells aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services. The Defence segment is involved in the development, manufacture, marketing, and sale of military aero engines, naval engines, and submarine nuclear power plants, as well as offers aftermarket services.