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

Rolls-Royce Holdings plc (LON:RR) released its quarterly earnings results on Thursday. The company reported GBX 20.29 ($0.26) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Rolls-Royce Holdings plc had a net margin of 13.08% and a negative return on equity of 78.08%.

Rolls-Royce Holdings plc Stock Performance

RR stock traded up GBX 100.60 ($1.27) during trading on Friday, reaching GBX 731.60 ($9.22). 141,269,937 shares of the company were exchanged. The company has a market cap of £62.75 billion, a P/E ratio of 26.67, a PEG ratio of 0.55 and a beta of 1.82. The stock’s 50 day moving average price is GBX 594.85 and its 200 day moving average price is GBX 554.08. Rolls-Royce Holdings plc has a 52-week low of GBX 196.45 ($2.48) and a 52-week high of GBX 537.20 ($6.77).

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 655 ($8.26) target price on shares of Rolls-Royce Holdings plc in a research note on Thursday, November 7th. Shore Capital restated a “buy” rating on shares of Rolls-Royce Holdings plc in a research note on Thursday, November 7th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of GBX 631.25 ($7.96).

Insider Activity

In other Rolls-Royce Holdings plc news, insider Tufan Erginbilgic sold 12,969 shares of the firm’s stock in a transaction dated Monday, January 27th. The stock was sold at an average price of GBX 588 ($7.41), for a total value of £76,257.72 ($96,115.10). Also, insider Angela Strank acquired 6,740 shares of the company’s stock in a transaction dated Thursday, February 27th. The shares were purchased at an average price of GBX 736 ($9.28) per share, with a total value of £49,606.40 ($62,523.82). Insiders bought a total of 7,069 shares of company stock worth $5,158,221 over the last 90 days. 0.04% of the stock is currently owned by corporate 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.