Rolls-Royce Holdings PLC (RYCEY) to Release Earnings on Thursday

Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) is expected to be announcing its results before the market opens on Thursday, February 26th. Analysts expect the company to announce earnings of $0.1902 per share and revenue of $14.5661 billion for the quarter.

Rolls-Royce Holdings PLC Trading Down 1.0%

Rolls-Royce Holdings PLC stock opened at $17.92 on Wednesday. The business has a 50 day moving average of $16.91 and a 200-day moving average of $15.65. Rolls-Royce Holdings PLC has a 1 year low of $7.77 and a 1 year high of $18.42. The company has a quick ratio of 0.94, a current ratio of 1.25 and a debt-to-equity ratio of 1.17.

Institutional Investors Weigh In On Rolls-Royce Holdings PLC

Hedge funds have recently added to or reduced their stakes in the company. Kelleher Financial Advisors acquired a new stake in Rolls-Royce Holdings PLC in the 3rd quarter valued at $37,000. PNC Financial Services Group Inc. raised its holdings in Rolls-Royce Holdings PLC by 30.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 7,095 shares of the aerospace company’s stock worth $112,000 after buying an additional 1,658 shares during the last quarter. Financial Avengers Inc. lifted its stake in shares of Rolls-Royce Holdings PLC by 32.8% in the third quarter. Financial Avengers Inc. now owns 66,400 shares of the aerospace company’s stock valued at $1,076,000 after buying an additional 16,400 shares in the last quarter. Finally, Rhumbline Advisers increased its position in shares of Rolls-Royce Holdings PLC by 1.5% during the second quarter. Rhumbline Advisers now owns 82,415 shares of the aerospace company’s stock worth $1,103,000 after acquiring an additional 1,205 shares in the last quarter. Institutional investors and hedge funds own 0.07% of the company’s stock.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada began coverage on Rolls-Royce Holdings PLC in a research report on Tuesday, November 18th. They set an “outperform” rating for the company. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Rolls-Royce Holdings PLC presently has an average rating of “Moderate Buy”.

About Rolls-Royce Holdings PLC

Rolls-Royce Holdings plc is a UK-based multinational engineering company that designs, manufactures and services power systems for the civil and defence aerospace, marine and energy markets. The company’s core activities include the development and production of turbine engines for commercial and military aircraft, propulsion and power systems for naval vessels, and industrial gas turbines for power generation and distributed energy applications. A significant portion of its business is focused on aftermarket support, providing maintenance, repair and overhaul (MRO) services and long-term service agreements to customers worldwide.

In aerospace, Rolls‑Royce is best known for its high-thrust turbofan engines used on widebody and regional aircraft, supported by comprehensive service programs and digital monitoring solutions that optimize engine health and operational availability.