Renew (LON:RNWH) Posts Earnings Results

Renew (LON:RNWHGet Free Report) released its quarterly earnings results on Tuesday. The company reported GBX 30.90 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Renew had a return on equity of 21.11% and a net margin of 4.52%.The firm had revenue of £574.29 million for the quarter.

Renew Price Performance

Shares of RNWH stock traded up GBX 6 during midday trading on Tuesday, reaching GBX 922. 155,623 shares of the company traded hands, compared to its average volume of 312,866. The company has a debt-to-equity ratio of 11.50, a current ratio of 0.88 and a quick ratio of 0.81. Renew has a 1-year low of GBX 772 and a 1-year high of GBX 978. The firm has a market cap of £729.89 million, a PE ratio of 14.95 and a beta of 0.78. The firm’s 50 day simple moving average is GBX 904.03 and its two-hundred day simple moving average is GBX 911.73.

Analyst Ratings Changes

RNWH has been the subject of a number of recent analyst reports. Shore Capital Group restated a “buy” rating and issued a GBX 850 price objective (down from GBX 1,350) on shares of Renew in a research report on Wednesday, April 1st. Berenberg Bank restated a “buy” rating and issued a GBX 1,320 price objective on shares of Renew in a research report on Wednesday, April 1st. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, Renew presently has a consensus rating of “Buy” and an average price target of GBX 1,172.50.

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Renew Company Profile

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See Also

Earnings History for Renew (LON:RNWH)

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