Restore (LON:RST) Releases Quarterly Earnings Results

Restore (LON:RSTGet Free Report) posted its quarterly earnings data on Tuesday. The company reported GBX 3.60 EPS for the quarter, Digital Look Earnings reports. Restore had a return on equity of 0.58% and a net margin of 0.43%.

Restore Stock Performance

RST stock opened at GBX 286 on Tuesday. The business’s fifty day moving average is GBX 264.44 and its 200-day moving average is GBX 258.04. The company has a quick ratio of 1.28, a current ratio of 0.93 and a debt-to-equity ratio of 118.39. The company has a market cap of £380.37 million, a P/E ratio of -60.85, a price-to-earnings-growth ratio of 0.41 and a beta of 0.11. Restore has a twelve month low of GBX 222 and a twelve month high of GBX 355.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on RST. Berenberg Bank increased their price objective on shares of Restore from GBX 380 to GBX 430 and gave the stock a “buy” rating in a report on Tuesday. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 435 target price on shares of Restore in a research note on Tuesday, May 12th. Three equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of GBX 390.67.

Read Our Latest Report on RST

Insider Activity at Restore

In related news, insider Dan Baker sold 55,795 shares of Restore stock in a transaction on Thursday, May 21st. The stock was sold at an average price of GBX 261, for a total transaction of £145,624.95. 16.32% of the stock is currently owned by company insiders.

About Restore

(Get Free Report)

We provide secure and sustainable business services for data, information, communications and assets.

Restore plc leads the markets it serves. Supporting public and private sectors with critical services, income is highly predictable, recurring in nature and generates strong cashflows. We provide integrated information and data management, business digitisation, secure recycling of paper and technology assets, and commercial relocation solutions.

The Group has over 75 sites providing national scale with local service.

Further Reading

Earnings History for Restore (LON:RST)

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