Restore (LON:RST) Announces Earnings Results

Restore (LON:RST) issued its quarterly earnings data on Thursday. The company reported GBX 19 ($0.25) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Restore had a return on equity of 1.64% and a net margin of 1.37%.

Restore Price Performance

Shares of LON:RST opened at GBX 228.50 ($2.96) on Friday. The business has a fifty day simple moving average of GBX 222.72 and a 200-day simple moving average of GBX 245.44. Restore has a 52 week low of GBX 210 ($2.72) and a 52 week high of GBX 295.88 ($3.83). The company has a market cap of £306.83 million, a P/E ratio of 80.38, a P/E/G ratio of 0.41 and a beta of 0.57. The company has a quick ratio of 1.28, a current ratio of 1.07 and a debt-to-equity ratio of 100.35.

Insider Transactions at Restore

In other Restore news, insider Charles Skinner acquired 44,438 shares of the firm’s stock in a transaction on Thursday, March 13th. The stock was bought at an average cost of GBX 225 ($2.91) per share, for a total transaction of £99,985.50 ($129,514.90). Insiders own 15.23% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Canaccord Genuity Group increased their price target on Restore from GBX 380 ($4.92) to GBX 400 ($5.18) and gave the stock a “buy” rating in a report on Thursday. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 380 ($4.92) price target on shares of Restore in a report on Thursday, November 21st.

About Restore

Restore plc, together with its subsidiaries, provides services to offices and workplaces in the public and private sectors primarily in the United Kingdom. The company operates through two segments, Digital & Information Management, and Secure Lifecycle Services. The company provides document management and recycling; document storage and retrieval; physical, seasonal, and on-site document scanning and IT; relocation; document collection and destruction services; data destruction and recycling of all types of IT assets, such as laptops, servers, and network equipment; recycling electrical waste; software imaging, physical installation, and asset tagging; and hardware and software upgrades and decommissioning solutions through repurposing, recycling, or destruction.