Insider Selling: Renishaw (LON:RSW) Insider Sells £159,767.20 in Stock

Renishaw plc (LON:RSW) insider Allen Roberts sold 4,370 shares of the business’s stock in a transaction on Monday, October 27th. The shares were sold at an average price of GBX 3,656, for a total value of £159,767.20.

Renishaw Price Performance

RSW stock opened at GBX 3,530 on Friday. The company has a current ratio of 5.81, a quick ratio of 3.10 and a debt-to-equity ratio of 2.05. The company has a market capitalization of £2.57 billion, a PE ratio of 30.64, a P/E/G ratio of 3.73 and a beta of 0.63. Renishaw plc has a 12-month low of GBX 2,100 and a 12-month high of GBX 3,780. The business’s fifty day moving average price is GBX 3,485.14 and its 200 day moving average price is GBX 2,984.62.

Renishaw (LON:RSW) last posted its quarterly earnings data on Thursday, September 18th. The company reported GBX 137.80 earnings per share (EPS) for the quarter. Renishaw had a return on equity of 10.94% and a net margin of 14.02%. On average, sell-side analysts anticipate that Renishaw plc will post 159.8984772 EPS for the current year.

Analyst Ratings Changes

RSW has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft boosted their price objective on Renishaw from GBX 3,340 to GBX 3,940 and gave the company a “hold” rating in a report on Friday, October 10th. Shore Capital reiterated a “hold” rating on shares of Renishaw in a report on Thursday. Finally, UBS Group reaffirmed a “buy” rating and issued a GBX 3,900 price target on shares of Renishaw in a research report on Friday, September 5th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Renishaw currently has a consensus rating of “Hold” and an average price target of GBX 3,920.

About Renishaw

We are a world leader in measuring and manufacturing systems.

Our products give high accuracy and precision, gathering data to provide customers and end users with traceability and confidence in what they’re making. This technology also helps our customers to innovate their products and processes.

We are guided by our purpose: Transforming Tomorrow Together.