Amanda James Purchases 6,016 Shares of Rightmove (LON:RMV) Stock

Rightmove plc (LON:RMV) insider Amanda James purchased 6,016 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were purchased at an average price of GBX 413 per share, for a total transaction of £24,846.08.

Rightmove Price Performance

Shares of RMV opened at GBX 399.94 on Friday. Rightmove plc has a twelve month low of GBX 391.40 and a twelve month high of GBX 827. The company has a market capitalization of £3.00 billion, a P/E ratio of 14.28, a price-to-earnings-growth ratio of 2.58 and a beta of 0.88. The firm has a 50 day moving average of GBX 431.77 and a 200 day moving average of GBX 480.77. The company has a quick ratio of 2.55, a current ratio of 1.89 and a debt-to-equity ratio of 13.13.

Rightmove (LON:RMV) last released its quarterly earnings data on Friday, February 27th. The company reported GBX 29.10 earnings per share (EPS) for the quarter. Rightmove had a return on equity of 264.68% and a net margin of 51.06%. As a group, equities research analysts anticipate that Rightmove plc will post 30.2327791 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently commented on RMV. JPMorgan Chase & Co. reduced their price objective on Rightmove from GBX 521 to GBX 489 and set an “underweight” rating for the company in a report on Thursday, March 19th. UBS Group reaffirmed a “neutral” rating and set a GBX 481 price target on shares of Rightmove in a report on Tuesday, May 5th. Finally, Citigroup reduced their price target on shares of Rightmove from GBX 520 to GBX 455 and set a “neutral” rating for the company in a research note on Thursday, April 9th. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of GBX 643.75.

Rightmove Company Profile

Rightmove plc, together with its subsidiaries, operates online digital property advertising and information portals in the United Kingdom and internationally. The company operates through Agency, New Homes, and Other segments. The Agency segment provides property resale and letting advertising services on its platforms. The segment also offers tenant references and rent guarantee insurance services to landlords. The New Homes segment provides property advertising services to new home developers and housing associations on its platforms.