Restore (LON:RST) Insider Dan Baker Sells 55,795 Shares

Restore plc (LON:RST) insider Dan Baker sold 55,795 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of GBX 261, for a total transaction of £145,624.95.

Restore Stock Down 0.5%

LON:RST opened at GBX 262.60 on Friday. The company has a current ratio of 0.93, a quick ratio of 1.28 and a debt-to-equity ratio of 118.39. The stock has a 50 day moving average of GBX 250.40 and a 200-day moving average of GBX 253.53. The firm has a market capitalization of £352.04 million, a PE ratio of -55.87, a price-to-earnings-growth ratio of 0.41 and a beta of 0.12. Restore plc has a 52 week low of GBX 222 and a 52 week high of GBX 355.

Restore (LON:RST) last released its quarterly earnings data on Thursday, March 12th. The company reported GBX 22.50 earnings per share (EPS) for the quarter. Restore had a return on equity of 0.58% and a net margin of 0.43%. Analysts predict that Restore plc will post 20.4953032 EPS for the current year.

Restore announced that its Board of Directors has authorized a stock buyback plan on Monday, March 16th that permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 435 target price on shares of Restore in a research report on Tuesday, May 12th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, Restore has an average rating of “Buy” and an average target price of GBX 367.33.

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.