Restore (LON:RST) Issues Quarterly Earnings Results

Restore (LON:RST) released its earnings results on Thursday. The company reported GBX 22.50 EPS for the quarter, Digital Look Earnings reports. Restore had a return on equity of 3.99% and a net margin of 3.14%.

Restore Price Performance

Shares of LON RST opened at GBX 250 on Thursday. Restore has a fifty-two week low of GBX 207 and a fifty-two week high of GBX 355. The firm’s 50-day simple moving average is GBX 259.96 and its 200 day simple moving average is GBX 255.65. The company has a quick ratio of 1.28, a current ratio of 0.87 and a debt-to-equity ratio of 121.93. The stock has a market cap of £339.10 million, a P/E ratio of 37.31, a P/E/G ratio of 0.41 and a beta of 0.07.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group increased their target price on Restore from GBX 425 to GBX 435 and gave the stock a “buy” rating in a research report on Thursday. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of GBX 367.33.

Insider Transactions at Restore

In related news, insider Charles Skinner bought 11,001 shares of the stock in a transaction on Thursday, December 18th. The shares were purchased at an average price of GBX 273 per share, with a total value of £30,032.73. 15.89% of the stock is owned by corporate insiders.

About Restore

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.