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

Rolls-Royce Holdings plc (LON:RR) issued its quarterly earnings results on Thursday. The company reported GBX 29.55 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 3.2%

LON:RR opened at GBX 1,352.50 on Friday. The firm has a market capitalization of £116.00 billion, a PE ratio of 49.30, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a 12-month low of GBX 196.45 and a 12-month high of GBX 537.20. The firm has a 50-day moving average price of GBX 1,238.05 and a 200 day moving average price of GBX 1,153.89.

Insider Buying and Selling

In related news, insider Wendy Mars bought 147 shares of the company’s stock in a transaction dated Monday, February 9th. The stock was acquired at an average cost of GBX 1,242 per share, with a total value of £1,825.74. Also, insider Tufan Erginbilgic sold 4,862 shares of the business’s stock in a transaction on Monday, January 26th. The shares were sold at an average price of GBX 1,232, for a total value of £59,899.84. In the last 90 days, insiders have purchased 768 shares of company stock valued at $918,254 and have sold 13,655 shares valued at $16,352,876. Company insiders own 0.04% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft raised their price target on shares of Rolls-Royce Holdings plc from GBX 1,290 to GBX 1,550 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,244.

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. The Defence segment is involved in the development, manufacture, marketing, and sale of military aero engines, naval engines, and submarine nuclear power plants, as well as offers aftermarket services.