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

Rolls-Royce Holdings plc (LON:RR) posted its quarterly earnings data on Thursday. The company reported GBX 20.29 ($0.26) 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 Up 1.7 %

Shares of RR opened at GBX 744 ($9.36) on Friday. Rolls-Royce Holdings plc has a 12-month low of GBX 196.45 ($2.47) and a 12-month high of GBX 537.20 ($6.76). The firm has a market capitalization of £63.81 billion, a PE ratio of 27.12, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82. The stock’s fifty day simple moving average is GBX 594.85 and its 200-day simple moving average is GBX 554.08.

Wall Street Analyst Weigh In

RR has been the topic of a number of recent analyst reports. Shore Capital reissued a “buy” rating on shares of Rolls-Royce Holdings plc in a research note on Thursday, November 7th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 655 ($8.24) price target on shares of Rolls-Royce Holdings plc in a research note on Thursday, November 7th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, Rolls-Royce Holdings plc currently has a consensus rating of “Buy” and an average target price of GBX 631.25 ($7.94).

Insider Activity

In related news, insider Angela Strank bought 6,740 shares of the business’s stock in a transaction on Thursday, February 27th. The shares were purchased at an average price of GBX 736 ($9.26) per share, with a total value of £49,606.40 ($62,382.29). Also, insider Tufan Erginbilgic sold 12,969 shares of the stock in a transaction dated Monday, January 27th. The shares were sold at an average price of GBX 588 ($7.39), for a total value of £76,257.72 ($95,897.54). Insiders have bought 7,069 shares of company stock valued at $5,158,221 over the last 90 days. 0.04% of the stock is owned by company insiders.

Rolls-Royce Holdings plc Company Profile

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.